The median home in Grimes, Iowa is valued at $342,024, up 1.1% year over year. Typical monthly rent is $1,478, producing a price-to-rent ratio of 19.3x — near the national average of 18x. Grimes is part of the Des Moines-West Des Moines, IA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Des Moines-West Des Moines, IA stress score, crash risk, and 12-month forecast →

Home Value$342,024

+1.1%

Rent$1,478/mo

AFFORDABILITY

Enter your income for Grimes.

Income (annual)

Down Payment

$68,405 on $342,024

Out of reach — 37.2% of income

Need $99,729/yr to afford.

PITI$2,327

P/I37.2%

Afford$257K

Gap-$85K

P&I $1,729Tax $447Ins $150

Renting $849/mo cheaper ($1,478 rent)6.50% 30yr, 20% down, county tax + IA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Iowa

Compare Grimes with other housing markets across Iowa.

West Okoboji$794K Orleans$629K Wahpeton$550K Shueyville$525K Cumming$508K Panora$474K Honey Creek$441K Ackworth$437K

Full Des Moines-West Des Moines, IA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Des Moines-West Des Moines, IA metro.

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GRIMES, IA