Zumper
modified
5+ Days Ago

Highlights

  • Energy efficient appliances
  • Stainless steel appliances
  • Granite countertops
  • Washer/dryer in unit
  • Polished concrete floors
  • Open kitchen/dining/living layout

Location

304 5th St, West Des Moines, IA 50265, USA
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Contact

Management

Ace of Space Management

Leasing office

(844) 394-9568 ext. 3014

Property Overview

Junction Lofts/304 5th St receives a strong Zumper Expert Rating of 8.3 out of 10, highlighting its appeal to renters. The property excels in location with a rating of 9 out of 10, providing easy access to vital amenities, and features such as energy-efficient appliances, granite countertops, and polished concrete floors enhance its desirability. With a perfect price rating and an impressive array of amenities, this property offers great value while maintaining transparency through detailed descriptions, making it a compelling option for prospective renters.

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

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Junction Lofts/304 5th St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Junction Lofts/304 5th St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available

Great for

  • Social life

Floor plans

Junction Lofts/304 5th St - 2051 bed1 bath500 sqft$990 /moIncome restricted unit available immediately in Valley Junction! Built in 2023, Junction Lofts is Iowa's first mass timber mixed-use building. - one bedroom/one bathroom with polished concrete floors, high ceilings and great natural light - open kitchen/dining/living layout with granite countertops - stainless steel/energy efficient appliances - washer/dryer in unit - Juliette balcony - small pet friendly with nonrefundable pet deposit - Tenant pays $50 CAM charge + all utilities Income Restriction: maximum yearly income of $64,160 for one person, and a combined income of $73,280 for two people.

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time.

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Building details

Property details

Units1
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About Junction Lofts/304 5th St

HomeApartments in West Des Moines Junction Lofts/304 5th St

Income restricted unit available immediately in Valley Junction! Built in 2023, Junction Lofts is Iowa's first mass timber mixed-use building. - one bedroom/one bathroom with polished concrete floors, high ceilings and great natural light - open kitchen/dining/living layout with granite countertops - stainless steel/energy efficient appliances - washer/dryer in unit - Juliette balcony - small pet friendly with nonrefundable pet deposit - Tenant pays $50 CAM charge + all utilities Income Restriction: maximum yearly income of $64,160 for one person, and a combined income of $73,280 for two people.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Junction Lofts/304 5th St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Junction Lofts/304 5th St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Junction Lofts/304 5th St
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Junction Lofts/304 5th St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Junction Lofts/304 5th St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Junction Lofts/304 5th St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Junction Lofts/304 5th St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Junction Lofts/304 5th St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Junction Lofts/304 5th St is great for:

Social life

  • Areas nearby are accessible by walking
  • Diverse age groups live in this area
  • 10 local event hubs within 1 mile
  • 7 theaters, music venues, or sports arenas nearby

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 Junction Lofts/304 5th St compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in West Des Moines

1-bedroom apartments at Junction Lofts/304 5th St cost about 20% less than the average rent price for 1-bedroom apartments in West Des Moines.

Median rents as of May 2 2026.
West Des Moines
A table of studio rental data trends in West Des Moines
MonthMedian Rent
May 2024$1,080
June 2024$1,081
July 2024$1,123
August 2024$1,114
September 2024$1,105
October 2024$1,092
November 2024$1,103
December 2024$1,082
January 2025$1,075
February 2025$1,052
March 2025$1,099
April 2025$1,099
May 2025$1,099
June 2025$1,099
July 2025$1,099
August 2025$1,099
September 2025$1,099
October 2025$1,099
November 2025$1,078
December 2025$973
January 2026$935
February 2026$911
March 2026$937
April 2026$1,048
May 2026$1,036

Affordability calculator

Can I afford to live at 304 5th St?

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

$39,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,600 annually to afford this 1-bedroom monthly rent price of $990.
For more information on rent affordability, visit our rent calculator.

Schools near Junction Lofts/304 5th St

Hillside Elementary School

713 8th st

west des moines, IA, 50265

PK, K-6Public
B

Learning Resource Center

3550 mills civic parkway

west des moines, IA, 50265

PKPublic

Ruby Van Meter

710 28th st

des moines, IA, 50312

K-12Public

Olmsted Elementary School

7110 prairie ave

urbandale, IA, 50322

PK, K-5Public
B-

Jessie Franklin Taylor Preschool

1801 16th st

des moines, IA, 50314

PKPublic
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Internet available near Junction Lofts/304 5th St

Getting around West Des Moines near 304 5th St

Walking

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

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 304 5th St, West Des Moines

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

7/10
Several bars within a few minutes’ walk

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This property is intended for those with income restrictions.
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