How much is a home worth in ZIP code 50317?

The typical home in 50317 is worth $194,056, based on the Zillow Home Value Index.

Are home values rising in 50317?

Home values in 50317 are up 0.4% over the past year, and up 4.8% a year over five years.

What is the typical rent in 50317?

A typical home in 50317 rents for about $1,295 a month, a gross rental yield of 8.0%.

What is the property tax rate in 50317?

The effective property tax rate in 50317 is 1.2% — roughly $2,324 a year on a typical home.

ZIP code 50317 has a population of 36,548 and a median household income of $65,617.

HousingHandbookReference data

…

U.S. ZIP Code · IA50317

Polk County · Des Moines-West Des Moines, IA

Typical home value

$194,056^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.4%
5-year / yr: +4.8%
10-year / yr: +6.4%

Relative price

vs U.S.: -31.7%
vs metro: -32.2%
vs state: -5.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 50317 is worth $194,056 — 32.2% below the Des Moines-West Des Moines, IA median. Over the past year, values have risen 0.4%. Homes here rent for a typical $1,295 a month — a 8.0% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,295^[2]
Gross yield: 8.0%^[2]
Cap rate: 4.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.2%^[3]
Typical annual tax: $2,324^[3]

#Climate risk

FEMA National Risk Index ratings for Polk County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively High
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 36,548^[3]
Median household income: $65,617^[3]

#Migration

Household moves in and out of Polk County over a year, from IRS tax-return data.

Net migration: +468^[5]
Moved in: 12,860
Moved out: 12,392

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 6
Middle: 2
High: 0

Brubaker Elementary School
Elementary · Grades K–5 · Des Moines Independent Comm School District
618 students
Goodrell Middle School
Middle · Grades 6–8 · Des Moines Independent Comm School District
493 students
Hoyt Middle School
Middle · Grades 6–8 · Des Moines Independent Comm School District
486 students
Garton Elementary
Elementary · Grades K–5 · Des Moines Independent Comm School District
429 students
Delaware Elementary
Elementary · Grades PK–5 · Southeast Polk Comm School District
423 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.0%

Net yield (after ~40% expenses)4.8%

Annual rent$15,544

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$981

Loan principal$155,245

Down payment$38,811

Total interest paid$198,006

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.03

Monthly cost to own$1,337

Monthly rent$1,295

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 35th percentile^[1]
Rental yield: 93rd percentile^[2]
Property tax: 36th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 50317?: The typical home in 50317 is worth $194,056, based on the Zillow Home Value Index.
Are home values rising in 50317?: Home values in 50317 are up 0.4% over the past year, and up 4.8% a year over five years.
What is the typical rent in 50317?: A typical home in 50317 rents for about $1,295 a month, a gross rental yield of 8.0%.
What is the property tax rate in 50317?: The effective property tax rate in 50317 is 1.2% — roughly $2,324 a year on a typical home.
Who lives in 50317?: ZIP code 50317 has a population of 36,548 and a median household income of $65,617.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

50315 vs 50317 →
Des Moines, IA
Typical home
$197,166
Gross yield
7.0%
50002 vs 50317 →
Adair, IA
Typical home
$197,224
Gross yield
—
50048
Casey, IA
Typical home
$199,151
Gross yield
—
50313
Des Moines, IA
Typical home
$187,804
Gross yield
8.2%
50208
Newton, IA
Typical home
$204,532
Gross yield
4.6%
50115
Guthrie Center, IA
Typical home
$206,633
Gross yield
—

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#Jump to section

U.S. ZIP Code · IA50317

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