ZIP 50111 — Grimes, IA: rental yield & market data
Gross rental yield of 4.94% — ranked #49 of 68 Iowa ZIP codes. June 2026 data.
Gross rental yield
4.94%
Home value
$348,835
Market rent / mo
$1,435
Price-to-rent
20.3
Trend
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -0.7% | +18.8% |
| Market rent | +2.4% | — |
Metro: Des Moines-West Des Moines, IA · County: Polk County · Annual rent: $17,220
Comparable ZIP codes in Iowa
Similar home values, sorted by yield — the cheapest way to see if 50111 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 52340 | Tiffin | IA | $346,539 | $1,864 | 6.46% | 15.5 | +1.9% |
| 50263 | Waukee | IA | $342,321 | $1,658 | 5.81% | 17.2 | -1.9% |
| 50023 | Ankeny | IA | $358,511 | $1,518 | 5.08% | 19.7 | +1.6% |
| 50266 | West Des Moines | IA | $339,949 | $1,380 | 4.87% | 20.5 | -0.1% |
| 52722 | Bettendorf | IA | $342,852 | $1,327 | 4.65% | 21.5 | +5.3% |
| 52003 | Dubuque | IA | $343,497 | $1,300 | 4.54% | 22.0 | +5.0% |
| 50211 | Norwalk | IA | $346,379 | $1,218 | 4.22% | 23.7 | +1.8% |
| 50321 | Des Moines | IA | $362,569 | $951 | 3.15% | 31.8 | +2.4% |
Top rental yields in all of Iowa →
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