309 E 5th St #404, Des Moines, IA 50309
Property image
Property image
OFF MARKET

$204,600

Trulia Estimate
as of Sep 17, 2026
  • 1 Bed
  • 1 Bath
  • 838 sqft

309 E 5th St #404, Des Moines, IA 50309

Downtown Des Moines

Home Highlights

Apartment
Built in 2008
838 sqft
$244/sqft
1 Parking Spaces

Local Information

  • Map ViewExplore the area around 309 E 5th St #404.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Located in downtown Des Moines, this one-bedroom, one-bath apartment combines modern convenience with urban living. The open layout features stainless steel appliances and in-unit laundry for everyday ease. Step out onto the private balcony to enjoy city views and fresh air. With direct access to downtown shops, dining, and transit, this residence offers a practical and well-appointed option for city living.

 Click "Apply Now" and follow the "before you begin" instructions on the landing page. Make sure to have income statements, a photo ID, and any other relevant information ready.

APPLICATION TURNAROUND TIME: 2-3 business days
When applying make sure to have income statements, a photo ID, and any other relevant information ready.
PETS: All pets are subject to owner approval
GUARANTORS: Co-signers are accepted, but must apply separately
LEASE LENGTH: 12-Month Standard
SECTION 8 & HOST HOMES: Unavailable at this time
SMOKING: Smoking is not permitted on the property

ADDITIONAL FEES NOT INCLUDED IN RENT:
Tenant Management Fee: $34.99/month
Lease Origination Fee: $199 one time
Application: ONLY $49! For consideration, please note that all applicants 18 and over will be subject to credit, criminal, and eviction background checks.

Also, please note that if you take possession of a property after the 20th of the month the prorated rent in addition to the next month's full rent will be due at move-in.

*All information is deemed reliable but not guaranteed and is subject to change.

AMENITIES:
* Assigned Covered Parking
* Stainless Steel Appliances
* Balcony
* In-Unit Laundry
* Downtown Location

By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
309 E 5th St #404, Des Moines, IA 50309 is a 1 bedroom, 1 bathroom, 838 sqft apartment in Downtown Des Moines, built in 2008. It last sold for $190,000 on Oct 10, 2019 (14,572% above the $1,295 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $1,295 per month. That rental listing was removed on August 3, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $204,600, with a rent estimate of $1,396/month.

Home Details for 309 E 5th St #404

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherRefrigeratorWasher
Levels, Entrance, & Accessibility
ElevatorFloors: Tile

Exterior Features

Parking & Garage
Parking Space: 1

Additional Information

Gated

Comparable Sales for 309 E 5th St #404

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
Address Not Disclosed, Des Moines, IA
0.14
Apartment
$159,900
01/27/26
1
1
-
1333 24th St, Des Moines, IA
1.93
Apartment
$265,000
09/29/25
1
1
2,018 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Downtown Des Moines

Last updated Sep 2026
Trulia Rent Estimate$1,396/mo
Average rent
$1.35K
$37MoM
Available listings
33
View rental market trends in Des Moines, IA

Around this home

Neighborhood Overview

Downtown Des Moines
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown Des Moines

At least 61 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 88 % Say it's walkable to restaurants

  • 86 % Say it's walkable to grocery stores

  • 86 % Say streets are well-lit

  • 85 % Say it's dog friendly

  • 76 % Say there's holiday spirit

  • 70 % Say people would walk alone at night

  • 68 % Say car is needed

  • 63 % Say parking is easy

  • 51 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 38 % Say there are community events

  • 36 % Say it's quiet

  • 30 % Say yards are well-kept

  • 25 % Say there's wildlife

  • 22 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Great commute. Next to bus station. They're skywalks that are easy to access with a map inside of the skywalk."
    0
    Flag
  • Trulia User
    "Fun and convenient even for kids. Skate park, ice skating and arcade games. Very busy with people. Homeless people and broken glass down Allies. However Ded Moines does have people clean down here."
    1
    Flag
  • Trulia User
    "Very Friendly small town Feel but not cleanly and nothing for kids to do. I love downtown, but it needs a lot of work with kid Friendly activities and picking up the streets. I see workers but I don't typically see them actually pick up"
    0
    Flag
  • Trulia User
    "It’s not it’s just small and quite. There is always something going on downtown. It is a great place for singles to live. "
    0
    Flag
  • Phillgagner
    "My commute is pretty much short anywhere I go. Skywalks are convenient during the winter months or even to avoid traffic."
    1
    Flag
  • Angela S. H.
    "Easy access to the freeway if you work in the suburbs. Many residents work within walking distance. "
    0
    Flag
  • Danielle R.
    "I use the bus or Lyft. I can walk to almost anything festivals, the east village and groceries. I Lyft to wdm and it's 16 dollars"
    0
    Flag
  • Renee C.
    "I have lived in this neighborhood for 6 years. I love the connection to happenings in the downtown area. "
    0
    Flag
  • Unspecified
    "Neighbors get together at holiday time and a summer potluck... Farmer’s Market Summer concerts in the city Parades at State Fair time Des Moines Neighborhood meetings East Village Promenade Baseball games Art Festival in June "
    1
    Flag
  • Jacqueline M.
    "Downtown is a convenient location to access the river walk way as well as the bike path that leads to Gray's Lake for daily dog walks and green space. Dog waste bags are provided every couple blocks downtown in case you don't have any on hand. The Riverwalk dog park is a short drive/bike ride away for off leash exercise."
    1
    Flag
  • Renee C.
    "Lots to do. Shows, concerts, restaurants. Seasonal arts, food etc. However no shopping downtown. Not a true live work and play community yet. Also trying to get biking easier but still needs work. "
    2
    Flag
  • Dmdegen
    "There are a few great schools with skywalk access so no need to walk kids to school in rain and snow. Also don’t have to worry about traffic. "
    0
    Flag
  • Unspecified
    "I have lived in this neighborhood for 13 years, and I love it! It is close to restaurants, entertainment, a post office and grocery store. Exercise options are many, and a fun atmosphere in a metropolitan area!"
    0
    Flag
  • Unspecified
    "It is downtown and convenient for restaurants and shopping. Parking is not difficult for me, and entertainment is wonderful. Walking is pleasant, a YMCA is. nearby as well as a grocery store. "
    0
    Flag
  • Terry L. S. J.
    "Downtown Des Moines is small, easily navigated, and is pretty quiet. There are usually plenty of events on the weekends at the Wells Fargo Arena. Court Avenue has plenty of bars and restaurants. There are numerous other restaurants within half a mile. There are plenty of parks and a nice Riverwalk. One the other side of the river are plenty of shops and restaurants. The Capitol building is over there as well and is one of the best looking I have been to. The only issue is that everything closes pretty early. I don't mind because I am normally asleep by 10-11."
    0
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LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Aug 3, 2026
Source: Zillow Rentals
ListingRemoved
$1,295
Jul 30, 2026
Source: Zillow Rentals
Listed For Rent
$1,295
Feb 16, 2023
Source: Zillow Rentals
ListingRemoved
Feb 14, 2023
Source: Zillow Rentals
Listed For Rent
$1,200
Oct 10, 2019
Source: DMMLS #579425
Sold
$190,000

Frequently asked questions about 309 E 5th St #404

  • What is 309 E 5th St #404 estimated to be worth?
    Trulia's estimated value for 309 E 5th St #404 in Des Moines, IA is $204,600.
  • What is the price history for 309 E 5th St #404?
    309 E 5th St #404 in Des Moines, IA last sold for $190,000 in October 2019.
  • Is Des Moines a buyer's or seller's market?
    Des Moines is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Des Moines?
    The median sale price in Des Moines is $214K. That is roughly unchanged from the prior month.
  • Does 309 E 5th St #404 have parking?
    Yes, 309 E 5th St #404 in Des Moines, IA has on-site parking.

Homes for rent near 309 E 5th St #404

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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