Skip main navigation
Off market
  • Zillow Home logoZestimate®
    $264,000

    309 E 5th St Unit 501, Des Moines, IA 50309

    1beds
    1,248sqft
    Apartment
    Built in ----
    -- sqft lot
    $264,000 Zestimate®
    $212/sqft
    $1,569 Estimated rent

    Home value

    $264,000

    $246,000 - $282,000

    $1,569/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,569/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,569/mo

    Rent Zestimate®

    Refinance and save

    $1,861/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,861/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Generous private bedroomPrivate exterior balconyExpansive loft conceptSoaring vertical spaceLarge open-concept layoutWalk-in closetAbundant natural light

    Stunning Top-Floor Loft Living in the Heart of the East Village Welcome to elevated urban living at the coveted e5w building, perfectly positioned in the vibrant heart of Des Moines' Historic East Village. Unit 501 delivers the ultimate blend of sophisticated industrial style, unmatched walkability, and front-row seats to the best views the city has to offer. Property Highlights & Features Expansive Loft Concept: A large, open-concept layout defined by soaring vertical space, abundant natural light, and gorgeous hardwood flooring. Private Exterior Balcony: Step outside onto your private balcony to take in sweeping, picturesque views of the dynamic downtown Des Moines skyline. Spacious Bedroom Suite: A generous private bedroom complete with a walk-in closet. Upgraded Bathroom: An oversized, well-appointed bathroom designed with comfort and style in mind. In-Unit Laundry: Enjoy the convenience of an in-unit washer and dryer. Included Parking: Monthly rent includes one dedicated, on-site covered parking space. Building Conveniences: Enjoy the ease of secure building access, elevator, dedicated bike storage for two-wheeled city commuting, and an on-site fitness room. Immersed in the Energy of the East Village Living at 309 E 5th means your front door opens directly into Des Moines' most walkable, culturally rich district. Step outside and find yourself moments away from trendy local boutiques, acclaimed dining spots, energetic nightlife, and neighborhood coffee hubs. Whether you are grabbing local eats, heading over to the Principal Riverwalk, or catching events downtown, the very best of the city is right at your fingertips. Tenant is responsible for gas, electric, and water. Pets allowed, 2 Pet Maximum. Renter's Insurance required. Professionally managed by PMI Central Iowa. All PMI Central Iowa residents are enrolled in the Resident Benefits Package (RBP) which is $30/month in addition to the marketed Rental Rate. This program includes credit building to help boost your credit score with timely rent payments, our best-in-class resident rewards program to earn gift cards, $1M Identity Protection, HVAC air filter delivery (for applicable properties), utility concierge service making utility connection a breeze during your move-in, and much more! $65 application fee for anyone 18 years or older who will be occupying the property. Pet Details: 2 Pet Maximum

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Garbage Disposal, Range Oven, Refrigerator, Washer, dryer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Elevator, Vaulted Ceilings, Walk In Closet
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,248 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Has carport: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Exterior features: Balcony, VaultedCeiling, Walk In Closet
    Details
    • Parcel number: 04001710025000

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Utilities & green energy

    • Utilities for property: Garbage

    Community & HOA

    Community
    • Features: Fitness Center, Gated
    • Deposit fee: $1,595
    • Application fee: $65
    HOA
    • Amenities included: Fitness Center
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $212/sqft
    • Tax assessed value: $299,600
    • Annual tax amount: $6,330
    • Date on market: 8/1/2026
    • Date available: 08/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/18/2026Listing removed$1,695$1/sqft
    Source: Zillow Rentals Report a problem
    8/5/2026Price change$1,695-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    8/1/2026Listed for rent$1,795+20.1%$1/sqft
    Source: Zillow Rentals Report a problem
    12/17/2025Listing removed$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    11/18/2025Price change$1,495-19%$1/sqft
    Source: Zillow Rentals Report a problem
    10/10/2025Price change$1,845-2.6%$1/sqft
    Source: Zillow Rentals Report a problem
    8/21/2025Price change$1,895-4.1%$2/sqft
    Source: Zillow Rentals Report a problem
    8/20/2025Price change$1,975-4.8%$2/sqft
    Source: Zillow Rentals Report a problem
    6/16/2025Listed for rent$2,075+7.8%$2/sqft
    Source: Zillow Rentals Report a problem
    10/3/2023Sold$260,000-3.7%$208/sqft
    Source: DMMLS #668052 Report a problem
    9/12/2023Pending sale$270,000$216/sqft
    Source: RE/MAX Central #668052 Report a problem
    9/11/2023Listed for sale$270,000$216/sqft
    Source: RE/MAX Central #668052 Report a problem
    9/11/2023Pending sale$270,000$216/sqft
    Source: DMMLS #668052 Report a problem
    9/7/2023Listed for sale$270,000$216/sqft
    Source: DMMLS #668052 Report a problem
    8/23/2023Listing removed--
    Source: RE/MAX Central Report a problem
    6/13/2023Price change$270,000-3.6%$216/sqft
    Source: DMMLS #668052 Report a problem
    4/20/2023Price change$280,000-1.8%$224/sqft
    Source: DMMLS #668052 Report a problem
    3/7/2023Price change$285,000-3.4%$228/sqft
    Source: DMMLS #668052 Report a problem
    2/23/2023Listed for sale$295,000+7.9%$236/sqft
    Source: DMMLS #668052 Report a problem
    2/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/1/2023Listed for rent$1,925+4.1%$2/sqft
    Source: Zillow Rentals Report a problem
    8/12/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/12/2022Listed for rent$1,850$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/2/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/2/2022Listed for rent$1,850$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/21/2011Sold$273,500$219/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,330 +2.1%$299,600 -5%
    2024$6,202 -7%$315,300
    2023$6,672 +0.8%$315,300 +11.4%
    2022$6,622 -1.6%$283,100
    2021$6,728 -3.7%$283,100 +5%
    2020$6,990 -3.5%$269,600
    2019$7,246 +1%$269,600
    2018$7,172 $269,600
    2017$7,172 +15%$269,600 +13.3%
    2016$6,236 $237,900
    2015$6,236 +5467.9%$237,900
    2014$112 $237,900
    2013-- $237,900 -9%
    2012-- $261,500
    2011-- $261,500
    2010-- $261,500 +227.7%
    2009-- $79,800
    Find assessor info on the county website

    Neighborhood: Downtown Des Moines

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $264,000
    2% more
    +$5,280
    With Zillow Showcase(estimated)
    $269,280
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $264,000
    2% more
    +$5,280
    With Zillow Showcase(estimated)
    $269,280