
Where Living
Shines
WELCOME TO
Flats on 5th
Our affordable one- and two-bedroom apartments in the heart of Des Moines. With modern in-home features and community perks like a pool, fitness center, and gated access, this is where comfort, convenience, and connection come together.

Beyond your front door, inviting community amenities create the perfect space to unwind and connect with neighbors. Plus, with easy access to Des Moines’ best shopping, dining, and entertainment, everything you need is just minutes away.
Apartments Designed for You
Explore our thoughtfully designed one- and two-bedroom layouts. With modern, open floor plans that set us apart, you'll instantly feel the difference. Call us today to schedule a tour of your future home!
The Hayes
1 Bed | 1 Bath | 725 sqft
The Hudson
1 Bed | 1 Bath | 802 sqft
The Lennon
2 Bed | 2 Bath | 957 sqft
The Pike
2 Bed | 2 Bath | 947 sqft
The Woodson
2 Bed | 2 Bath | 1,070 sqft
Income Limits
To qualify for most homes, the household’s gross (pre-tax) annual income must be at or below the following amounts:
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Our homes are under the affordable LIHTC program. To qualify for a LIHTC home, the households gross (pre-tax) annual income must be at or below the amounts listed under the Income Limits section below.
Full-Time Students
If all household members are full-time students, one of the following must apply:
Students are married.
Students participate in job training partnership acts or similar programs.
Student previously under foster care.
Student receives cash AFDC/TANF Benefits.
Single parents student claims themselves on their tax return, and the children are claimed by one of the parents. -
1 Person per Household - $47,460
2 People per Household - $54,240
3 People per Household - $61,020
4 People per Household - $67,800
5 People per Household - $73,260