Zumper
modified
5+ Days Ago

Highlights

  • Hardwood floors
  • Stainless steel appliances
  • Granite countertops
  • Washer/dryer in unit
  • Recently updated finishes
  • Open kitchen/dining/living layout

Location

312 5th St #203, West Des Moines, IA 50265, USA

Tour 312 5th St #203

Contact

Ace of Space Management

(515) 207-5032

Property Overview

Featuring hardwood floors, stainless steel appliances, and granite countertops, this property offers modern living with recently updated finishes and an open layout. It is well-positioned within a vibrant community that supports a dynamic social life, with easy access to various entertainment venues and transit options. Additionally, it ranks highly in value for money and is conveniently located near top-rated schools.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Great for

  • Social life

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 312 5th St #203

HomeApartments in West Des Moines 312 5th St #203, West Des Moines, IA 50265, USA

Income restricted unit available immediately in Valley Junction! - one bedroom/one bathroom with hardwood floors, high ceilings and great natural light - recently updated finishes - open kitchen/dining/living layout with granite countertops - stainless steel appliances - washer/dryer in unit - small pet friendly with nonrefundable pet deposit - Tenant pays all utilities Income Restriction: maximum yearly income of $64,160 for one person, and a combined income of $73,280 for two people.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 312 5th St, West Des Moines, IA 50265, USA compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.5 mile away
Middle school nearby
There is a middle school 1 mile away

Address details

Zip code50265
TypeApartment for rent

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Rent trends in West Des Moines

1-bedroom apartments at 312 5th St #203 cost about 7% less than the average rent price for 1-bedroom apartments in West Des Moines.

Median rents as of Jan 10 2026.
West Des Moines
A table of 1-bedroom apartment rental data trends in West Des Moines
MonthMedian Rent
February 2024$1,169
March 2024$1,133
April 2024$1,158
May 2024$1,165
June 2024$1,196
July 2024$1,161
August 2024$1,129
September 2024$1,158
October 2024$1,168
November 2024$1,251
December 2024$1,189
January 2025$1,176
February 2025$1,154
March 2025$1,197
April 2025$1,204
May 2025$1,216
June 2025$1,139
July 2025$1,112
August 2025$1,137
September 2025$1,156
October 2025$1,120
November 2025$1,113
December 2025$1,123
January 2026$1,124

Affordability calculator

Can I afford to live at 312 5th St #203?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$41,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $41,600 annually to afford this 1-bedroom monthly rent price of $1,040.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 312 5th St, West Des Moines, IA.
1 year ago$1,0401 bed1 bath
1 year ago$5931 bed1 bath
2 years ago$9401 bed1 bath
2 years ago$9401 bed1 bath
2 years ago$1,0901 bed1 bath
3 years ago$4681 bed1.5 bath
4 years ago$8901 bed1 bath
4 years ago$8901 bed1 bath
4 years ago$4681 bed1.5 bath

Schools near 312 5th St #203

Hillside Elementary School

713 8th st

west des moines, IA, 50265

PK, K-6Public
B
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Internet available near 312 5th St #203

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around West Des Moines near 312 5th St #203

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 312 5th St #203, West Des Moines

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Other units at this address

312 5th St West Des Moines, IA

Occupied

1

1 Bed

1 Bath

$468

Listed by Sam Bjorholm
Days on market: 1937
This newly renovated studio apartment sits right on 5th St in downtown Historic Valley Junction. The property has been completely renovated with brand new stove, fridge, microwave, dishwasher, cabinets, counter tops, washer and dryer, A/C, windows, lighting, doors, fully updated bathroom, and refinished original hardwood floors. All utilities are included. This unit is income restricted with a maximum yearly income of $18,750 for one person, and a combined income of $21,400 for two people. No assistance programs. Small pets negotiable.

Occupied

4

1 Bed

1 Bath

$940

Days on market: 952
This apartment is income restricted, please see below. This newly renovated one bedroom apartment sits right on 5th St in downtown Historic Valley Junction. It is a stand alone apartment above a small law firm. The property has been completely renovated with brand new stove, fridge, microwave, dishwasher, cabinets, counter tops, washer and dryer, A/C, windows, lighting, doors, fully updated bathroom, and refinished original hardwood floors. No assistance programs. Small pets negotiable. There is a $50 application fee per adult, deposit is $940, and if approved there is a one time administrative fee of $125. Income Restriction: Maximum yearly income of $58,480 for one person, and a combined income of $66,800 for two people. Address: 312 5th St #204, West Des Moines, IA 50265

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$990

Listed by Sam Bjorholm
Days on market: 2047
This newly renovated one bedroom apartment sits right on 5th St in downtown Historic Valley Junction. It is a stand alone apartment above a small law firm. The property has been completely renovated with brand new stove, fridge, microwave, dishwasher, cabinets, counter tops, washer and dryer, A/C, windows, lighting, doors, fully updated bathroom, and refinished original hardwood floors. This unit is income restricted with a maximum yearly income of $49,950 for one person, and a combined income of $57,100 for two people. No assistance programs. Small pets negotiable. Address: 312 5th St #4, West Des Moines, IA 50265

Occupied

3

1 Bed

1 Bath

$1,040

Listed by Sam Bjorholm
Days on market: 1759
This newly renovated one bedroom loft style apartment sits right on 5th St in downtown Historic Valley Junction. The property has been completely renovated with brand new stove, fridge, microwave, dishwasher, cabinets, counter tops, washer and dryer, A/C, windows, lighting, doors, fully updated bathroom, and refinished original hardwood floors. This unit is income restricted with a maximum yearly income of $49,950 for one person, and a combined income of $57,100 for two people. No assistance programs. Small pets negotiable. Address: 312 5th St #3, West Des Moines, IA 50265 Less

Occupied

202

1 Bed

1 Bath

$1,090

Days on market: 1041
This unit is income restricted with a maximum yearly income of $55,200 for one person, and a combined income of $63,050 for two people. This newly renovated one bedroom loft style apartment sits right on 5th St in downtown Historic Valley Junction. The property has been completely renovated with new stove, fridge, microwave, dishwasher, cabinets, counter tops, washer and dryer, A/C, windows, lighting, doors, fully updated bathroom, and refinished original hardwood floors. Unique spiral staircase leads up to the bedroom, and private balcony. Tenant pays all utilities except trash. Small pets negotiable with a $250 pet fee and $25/month pet rent. There is a $50 application fee per adult, deposit is $1090, and if approved there is a one time administrative fee of $125. Address: 312 5th St #202, West Des Moines, IA 50265

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This property is intended for those with income restrictions.
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