Airbnb City Guide: The Best Places To Invest in Des Moines, Iowa

Airbnb Rules and Regulations in Des Moines, Iowa

As of 2024, Des Moines, Iowa, has embraced the growth of short-term rentals while implementing regulations to ensure a balance between the interests of hosts, guests, and the community. Hosts are required to obtain a permit from the city and comply with occupancy limits, safety standards, and noise restrictions. The city has also introduced zoning requirements, limiting short-term rentals in certain residential areas to preserve neighborhood character. Hosts must collect and remit applicable taxes, including the hotel/motel and state sales taxes.

To address concerns about housing affordability, Des Moines has implemented a cap on the number of short-term rental permits issued in specific neighborhoods. While navigating the regulatory landscape may seem daunting, the city has provided resources and support to help hosts understand and comply with the rules. By operating responsibly and in accordance with local regulations, Airbnb hosts can contribute to the vibrant tourism industry in Des Moines while being good neighbors in their communities.

Des Moines Airbnb Market Data:

• Average Revenue – $26.9K per year
• Average Daily Rate – $144.5 per night
• Average Occupancy Rate – 51%
• Average RevPAR – $73.9
• Average Home Prices – $199,739

1. Top Place to Invest in Des Moines, Iowa - Downtown

Downtown Des Moines, the vibrant heart of Iowa's capital city, has emerged as a prime location for Airbnb and short-term rental investments. With its thriving arts and culture scene, diverse dining options, and proximity to major employers, Downtown Des Moines offers a unique blend of urban convenience and Midwestern charm.

Downtown Airbnb Market Data:

• Average Revenue – $24.3K per year
• Average Daily Rate – $136.1 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $68.4

Convenience - 9/10

One of Downtown Des Moines' greatest strengths is its exceptional walkability. Residents and visitors can easily access a wide array of amenities, including grocery stores, pharmacies, banks, and post offices, without relying on a car. The extensive skywalk system, which connects many downtown buildings, provides a comfortable and convenient way to navigate the area, especially during inclement weather.

Tourist Attractions - 8/10

Downtown Des Moines boasts a variety of tourist attractions that cater to different interests. The Des Moines Art Center, with its impressive collection of contemporary art, is a must-see for culture enthusiasts. The Iowa State Capitol, a stunning example of 19th-century architecture, offers guided tours and a glimpse into the state's political history. The nearby Greater Des Moines Botanical Garden provides a tranquil escape from the bustling city streets.

Things to Do - 9/10

From festivals and farmers markets to live music and sporting events, Downtown Des Moines offers a plethora of entertainment options. The Des Moines Farmers' Market, held every Saturday from May to October, is a beloved local tradition that showcases the best of Iowa's agricultural bounty. The Des Moines Performing Arts Center hosts Broadway shows, concerts, and other performances throughout the year. Sports fans can catch a game at Wells Fargo Arena, home to the Iowa Wolves basketball team and the Iowa Wild hockey team.

Average Home Prices - 7/10

According to Zillow data, the typical home value in Downtown Des Moines, as of 2024, is $289,000. This represents a modest 3.2% increase over the past year, indicating a stable and growing housing market. While home prices in Downtown Des Moines may be higher than some other neighborhoods in the city, the area's strong rental demand and potential for appreciation make it an attractive option for Airbnb and short-term rental investors.

Proximity to Work-Related Travel - 9/10

Downtown Des Moines' central location makes it an ideal base for work-related travel. The area is home to numerous corporate headquarters, including Wells Fargo, Principal Financial Group, and Nationwide Insurance. The Iowa Events Center, which comprises the Wells Fargo Arena, Hy-Vee Hall, and the Community Choice Credit Union Convention Center, hosts major conferences, trade shows, and other business events. The Des Moines International Airport is just a short drive away, providing convenient access for out-of-town visitors.

X-Factor - 8/10

What sets Downtown Des Moines apart is its unique blend of urban sophistication and Midwestern hospitality. The area's historic buildings, many of which have been beautifully restored and repurposed, create a charming and inviting atmosphere. The friendly and welcoming community, combined with the city's growing reputation as a hub for innovation and entrepreneurship, makes Downtown Des Moines an increasingly desirable destination for both residents and visitors alike.

2. Top Place to Invest in Des Moines, Iowa - Beaverdale

Beaverdale, a charming and historic neighborhood in Des Moines, Iowa, has emerged as a hidden gem for Airbnb and short-term rental investments. Known for its tree-lined streets, well-maintained homes, and a strong sense of community, Beaverdale offers a perfect blend of suburban tranquility and urban convenience.

Beaverdale Airbnb Market Data:

• Average Revenue – $25.3K per year
• Average Daily Rate – $133.1 per night
• Average Occupancy Rate – 52%
• Average RevPAR – $69.5

Convenience - 8/10

Beaverdale boasts a high level of walkability, with numerous amenities and services within easy reach. Residents can access grocery stores, pharmacies, banks, and local shops without venturing far from home. The neighborhood also features a variety of restaurants, cafes, and bars, catering to diverse tastes and preferences. Beaverdale's proximity to major highways, such as I-235 and I-35, ensures quick and convenient travel to other parts of the city.

Tourist Attractions - 6/10

While Beaverdale itself may not be a primary tourist destination, its proximity to popular attractions in Des Moines enhances its appeal for short-term rental investors. The Des Moines Art Center, with its impressive collection of contemporary art, is just a short drive away. The nearby Drake University campus offers a variety of cultural events and performances throughout the year. Beaverdale's central location also provides easy access to other Des Moines attractions, such as the Iowa State Capitol and the Greater Des Moines Botanical Garden.

Things to Do - 7/10

Beaverdale offers a variety of community events and activities that contribute to its strong sense of neighborhood pride. The annual Beaverdale Fall Festival, held in September, features live music, food vendors, and family-friendly activities. The Beaverdale Farmers Market, which runs from June to September, showcases local produce, crafts, and baked goods. The neighborhood also boasts several parks, including Witmer Park and Ashby Park, which offer playgrounds, walking trails, and green spaces for outdoor recreation.

Average Home Prices - 8/10

According to Zillow data, the typical home value in Beaverdale, Des Moines, as of 2024, is $225,000. This represents a steady 4.5% increase over the past year, indicating a stable and growing housing market. Beaverdale's relatively affordable home prices, combined with its desirable location and strong community spirit, make it an attractive option for Airbnb and short-term rental investors seeking both cash flow and appreciation potential.

Proximity to Work-Related Travel - 7/10

Beaverdale's location near the heart of Des Moines provides reasonable access to major work-related destinations. The neighborhood is within a 15-minute drive of downtown Des Moines, which is home to numerous corporate headquarters and the Iowa Events Center. The nearby Drake University campus also attracts a variety of conferences and educational events. For those traveling further afield, the Des Moines International Airport is just a 20-minute drive from Beaverdale.

X-Factor - 9/10

What sets Beaverdale apart is its strong sense of community and neighborhood charm. The area's well-maintained homes, many of which date back to the early 20th century, create a welcoming and inviting atmosphere. Beaverdale's friendly residents, active neighborhood association, and numerous community events foster a tight-knit and supportive environment. As more people discover the hidden charms of Beaverdale, the area is poised for continued growth and investment potential, particularly in the short-term rental market.

3. Top Place to Invest in Des Moines, Iowa - Ingersoll Park

Ingersoll Park, a vibrant and eclectic neighborhood in Des Moines, Iowa, has emerged as a promising investment opportunity for aspiring Airbnb investors. With its diverse mix of residential and commercial properties, thriving arts scene, and proximity to downtown attractions, Ingersoll Park offers a unique blend of urban convenience and cultural charm.

Ingersoll Park Airbnb Market Data:

• Average Revenue – $33.2K per year
• Average Daily Rate – $178.6 per night
• Average Occupancy Rate – 51%
• Average RevPAR – $91.3

Convenience - 8/10

Ingersoll Park boasts a high level of walkability, with a wide range of amenities and services within easy reach. The Ingersoll Avenue commercial district, which runs through the heart of the neighborhood, features a variety of local shops, restaurants, cafes, and bars. Residents can access grocery stores, pharmacies, and other essential services without venturing far from home. The neighborhood's proximity to major highways, such as I-235 and US-69, ensures quick and convenient travel to other parts of the city.

Tourist Attractions - 7/10

While Ingersoll Park itself may not be a primary tourist destination, its proximity to popular attractions in Des Moines enhances its appeal for short-term rental investors. The Des Moines Art Center, located just north of the neighborhood, is a world-class museum featuring an impressive collection of contemporary art. The nearby Pappajohn Sculpture Park, with its 4.4 acres of outdoor art installations, is a popular destination for both locals and visitors. Ingersoll Park's central location also provides easy access to other Des Moines attractions, such as the Iowa State Capitol and the Science Center of Iowa.

Things to Do - 8/10

Ingersoll Park offers a variety of cultural events, community activities, and outdoor recreation opportunities. The neighborhood hosts the annual Ingersoll Live festival, which features live music, food vendors, and local artisans. The Des Moines Playhouse, located in the heart of Ingersoll Park, is a beloved community theater that stages a diverse range of productions throughout the year. The neighborhood also boasts several parks, including Greenwood Park and Ashworth Park, which offer walking trails, playgrounds, and green spaces for outdoor enjoyment.

Average Home Prices - 7/10

According to Zillow data, the typical home value in Ingersoll Park, Des Moines, as of 2024, is $275,000. This represents a modest 3.8% increase over the past year, indicating a stable and growing housing market. While home prices in Ingersoll Park may be slightly higher than some other neighborhoods in Des Moines, the area's strong rental demand, diverse property types, and potential for appreciation make it an attractive option for Airbnb and short-term rental investors.

Proximity to Work-Related Travel - 8/10

Ingersoll Park's central location makes it convenient for work-related travel. The neighborhood is just a short drive from downtown Des Moines, which is home to numerous corporate headquarters, government offices, and the Iowa Events Center. The nearby MercyOne Des Moines Medical Center and UnityPoint Health - Iowa Methodist Medical Center are major employers and destinations for medical professionals. The Des Moines International Airport is also easily accessible from Ingersoll Park, with a travel time of approximately 15 minutes.

X-Factor - 8/10

What sets Ingersoll Park apart is its unique blend of cultural diversity, artistic flair, and community spirit. The neighborhood's eclectic mix of historic homes, mid-century apartments, and modern condominiums creates a visually interesting and dynamic environment. Ingersoll Park's thriving arts scene, anchored by the Des Moines Art Center and the Des Moines Playhouse, adds a distinctive cultural vibe to the area. The neighborhood's friendly and welcoming community, central location, and diverse amenities make Ingersoll Park an increasingly desirable destination for residents and visitors alike.

4. Top Place to Invest in Des Moines, Iowa - Southwestern Hills

Southwestern Hills, a picturesque and tranquil neighborhood in Des Moines, Iowa, has emerged as a hidden gem for Airbnb and short-term rental investments. Nestled along the rolling hills on the city's southwestern edge, this primarily residential area offers a perfect blend of natural beauty, suburban comfort, and proximity to urban amenities.

Southwestern Hills Airbnb Market Data:

• Average Revenue – $K per year
• Average Daily Rate – $239.8 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $144.3

Convenience - 7/10

Southwestern Hills offers a moderate level of convenience, with a mix of local shops, restaurants, and services scattered throughout the neighborhood. While not as densely packed with amenities as some other Des Moines neighborhoods, Southwestern Hills still provides easy access to grocery stores, pharmacies, and other daily necessities. The nearby Hubbell Avenue and Fleur Drive offer additional dining and shopping options, while the proximity to major highways, such as I-35 and I-235, ensures relatively quick travel to other parts of the city.

Tourist Attractions - 6/10

Although Southwestern Hills itself is not known for its tourist attractions, its location near several popular destinations enhances its appeal for short-term rental investors. The Blank Park Zoo, a 49-acre zoological park featuring a wide variety of animals and exhibits, is just a short drive away. The Fort Des Moines Museum and Education Center, which showcases the history of the fort and its role in World War I and II, is also nearby. Additionally, the neighborhood's proximity to downtown Des Moines provides easy access to a range of cultural attractions, such as the Des Moines Art Center and the Science Center of Iowa.

Things to Do - 7/10

Southwestern Hills offers a variety of outdoor recreation opportunities and community events that cater to different interests. The neighborhood is home to Ewing Park, a sprawling 160-acre park that features walking trails, a disc golf course, a fishing pond, and a rentable lodge. The park also hosts the annual Ewing Park Summer Festival, which includes live music, food vendors, and family-friendly activities, making it a great family-friendly rental location. Residents can also enjoy the nearby Wakonda Club, a private country club that offers golf, tennis, and swimming facilities.

Average Home Prices - 8/10

According to Zillow data, the typical home value in Southwestern Hills, Des Moines, as of 2024, is $320,000. This represents a steady 4.2% increase over the past year, indicating a stable and growing housing market. While home prices in Southwestern Hills may be higher than some other Des Moines neighborhoods, the area's desirable location, well-maintained properties, and potential for appreciation make it an attractive option for Airbnb and short-term rental investors.

Proximity to Work-Related Travel - 7/10

Southwestern Hills' location on the outskirts of Des Moines provides reasonable access to major work-related destinations. The neighborhood is within a 15-20 minute drive of downtown Des Moines, which is home to numerous corporate headquarters and the Iowa Events Center. The nearby Des Moines International Airport is also easily accessible, with a travel time of approximately 10-15 minutes. However, the neighborhood's distance from the city center may be less convenient for those who frequently travel to other parts of the metropolitan area.

X-Factor - 8/10

What sets Southwestern Hills apart is its unique combination of natural beauty, suburban tranquility, and community spirit. The neighborhood's rolling hills, mature trees, and well-maintained homes create a visually appealing and peaceful environment. Southwestern Hills' strong sense of community, fostered by active neighborhood associations and regular events, adds to its charm and desirability. As more people seek out the comfort and privacy of suburban living while still being close to urban amenities, Southwestern Hills is poised for continued growth and investment potential in the short-term rental market.

5. Top Place to Invest in Des Moines, Iowa - Oak Park

Oak Park, a charming and historic neighborhood located just north of downtown Des Moines, has emerged as a promising investment opportunity for Airbnb and short-term rental investors. With its tree-lined streets, well-preserved homes, and strong sense of community, Oak Park offers a perfect blend of urban convenience and small-town charm.

Oak Park Airbnb Market Data:

• Average Revenue – $36.3K per year
• Average Daily Rate – $187.9 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $99.1

Convenience - 8/10

One of Oak Park's greatest strengths is its exceptional walkability. Residents can easily access a variety of local shops, restaurants, cafes, and services along 6th Avenue, the neighborhood's main commercial corridor. The nearby North Des Moines Shopping Center provides additional dining and retail options. Oak Park's proximity to I-235 and US-69 ensures quick and convenient travel to other parts of the city, including downtown Des Moines, which is just a 5-minute drive away.

Tourist Attractions - 6/10

While Oak Park itself may not be a primary tourist destination, its location near several popular attractions enhances its appeal for short-term rental investors. The Des Moines Botanical Garden, a 14-acre oasis featuring a variety of indoor and outdoor plant displays, is just a short drive away. The nearby Des Moines River offers opportunities for fishing, boating, and hiking along its scenic trails. Oak Park's proximity to downtown Des Moines also provides easy access to a range of cultural attractions, such as the Des Moines Performing Arts Center and the Iowa State Capitol.

Things to Do - 7/10

Oak Park offers a variety of community events and outdoor recreation opportunities that contribute to its strong sense of neighborhood pride. The Oak Park Neighborhood Association organizes local annual events such as the Oak Park Easter Egg Hunt and the Oak Park Fall Festival, which bring residents together for food, fun, and fellowship. The neighborhood is also home to several parks, including Oak Park and Prospect Park, which offer playgrounds, picnic areas, and green spaces for outdoor enjoyment.

Average Home Prices - 8/10

According to Zillow data, the typical home value in Oak Park, Des Moines, as of 2024, is $180,000. This represents a steady 5.2% increase over the past year, indicating a stable and growing housing market. Oak Park's relatively affordable home prices, combined with its desirable location and potential for appreciation, make it an attractive option for those looking to buy a home for Airbnb purposes.

Proximity to Work-Related Travel - 8/10

Oak Park's location just north of downtown Des Moines makes it convenient for work-related travel. The neighborhood is 5-10 minute drive from numerous corporate headquarters, government offices, and the Iowa Events Center. The nearby MercyOne Des Moines Medical Center and UnityPoint Health - Iowa Methodist Medical Center are also easily accessible, making Oak Park desirable for medical professionals. The Des Moines International Airport is just a 15-minute drive away, providing convenient access for out-of-town visitors.

X-Factor - 8/10

What sets Oak Park apart is its unique blend of historic charm, community spirit, and urban convenience. The neighborhood's well-preserved homes, many of which date back to the early 20th century, create a visually appealing and inviting atmosphere. Oak Park's active neighborhood association and regular community events foster a strong sense of belonging and pride among residents. As more people discover the hidden gems of Oak Park, the area is poised for continued growth and investment potential, particularly in the short-term rental market.