Cheap Apartments for Rent in Ankeny, IA from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Ankeny.
![Prairie Pointe Student Living](https://images1.apartmenthomeliving.com/i2/9PadCFEjC6_TixxWbF8wzSlD2ZLO6i4wSqpXdv0FPCs/117/image.jpg?p=1)
Prairie Pointe Student Living
![106 NW College Ave, Unit 1](https://images1.apartmenthomeliving.com/i2/iE9uS7szvVhTc6Qb7pcZYbZDPKGvqaBfdMBoqBog71o/117/image.jpg?p=1)
106 NW College Ave, Unit 1
![Trilein Village Apartments](https://images1.apartmenthomeliving.com/i2/hEi98SGEzaifb6pdDXlvS9AfIe0D4dt1oIJDLY-yAqo/117/image.jpg?p=1)
Trilein Village Apartments
![Lake Shore Place](https://images1.apartmenthomeliving.com/i2/nlv_OoM-u1uhjJlYNV4IERBkQfG-nUSMfiO8nbLe06c/117/image.jpg?p=1)
Lake Shore Place
![Timberland at Crestbruck](https://images1.apartmenthomeliving.com/i2/xtPgDkeboszvjN0wiD9htMdYFpIEGJ85WhJDkdLdEZE/117/image.jpg?p=1)
Timberland at Crestbruck
![Trailside Apartments](https://images1.apartmenthomeliving.com/i2/rB82JKMEjncDP8sS4uCC-6VmnESDHcvhZXIweWSGjRA/117/image.jpg?p=1)
Trailside Apartments
![Lake Shore Apartments](https://images1.apartmenthomeliving.com/i2/aSOopEMImokhcNUk2yAicbPx4WyZrZrbo_As95Ehy64/117/image.jpg?p=1)
Lake Shore Apartments
![Chapel Apartments](https://images1.apartmenthomeliving.com/i2/te_KVe6czjaITmGrtJAdxBQYp3Qb-znEALkSmwYbkS0/117/image.jpg?p=1)
Chapel Apartments
![Frontier Village](https://images1.apartmenthomeliving.com/i2/Zy6yFTIct0NBdbKkzbYjcKDUpLzI0rdmIM00IzlwNjM/117/image.jpg?p=1)
Frontier Village
![901 SE Oralabor Rd, Unit 21](https://images1.apartmenthomeliving.com/i2/6CsB5fr3GiEVjjwuPIko8AQZ6BL5TYCv68CJdAl9NJE/117/image.jpg?p=1)
901 SE Oralabor Rd, Unit 21
![Fieldstream Apartment Homes](https://images1.apartmenthomeliving.com/i2/fh0M622GQvG46D61hsCAspiBgW-ojy_c9WCqYAX-tHI/117/image.jpg?p=1)
Fieldstream Apartment Homes
![Ashbrooke Apartments](https://images1.apartmenthomeliving.com/i2/u7o0iimKPbheBBVzsOuHmRUhfHOKNdPsITnLlL4rLnQ/117/image.jpg?p=1)
Ashbrooke Apartments
![Belmont Park Apartments](https://images1.apartmenthomeliving.com/i2/NBgeI1rvQROTDB3M-09454xA6ccnQ4F_BqcEGasxZds/117/image.jpg?p=1)
Belmont Park Apartments
![Delaware Crossing Apartments & Townhomes](https://images1.apartmenthomeliving.com/i2/6AouA2CgKPzfMCL5o9QJxn8PyzyoD7PNzq_OokRXQh0/117/image.jpg?p=1)
Delaware Crossing Apartments & Townhomes
![Brick Towne at Signature Village](https://images1.apartmenthomeliving.com/i2/qK85orTwjuA53vYzG-XmeRGxP2I_Q1iV51GnDROHvQM/117/image.jpg?p=1)
Brick Towne at Signature Village
![Avondale Trace Condos](https://images1.apartmenthomeliving.com/i2/CccVqXQcRo47L3T3m9BuoqyMyHHBpc_ULt6GcqXhN0Y/117/image.jpg?p=1)
Avondale Trace Condos
Ankeny, IA Local Guide
![Apartments for rent in Ankeny, IA](https://assets.apartmenthomeliving.com/content/ia/ankeny/ankeny_ia.jpg)
How much does it cost to rent an apartment in Ankeny?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Ankeny Studio Apartments | $965 | $740 | $1,150 |
Cheap Ankeny 1 Bedroom Apartments | $1,182 | $620 | $2,094 |
Cheap Ankeny 2 Bedroom Apartments | $1,348 | $775 | $5,023 |
Cheap Ankeny 3 Bedroom Apartments | $1,792 | $660 | $4,659 |
Cheap Ankeny 4 Bedroom Apartments | $1,731 | $630 | $2,460 |
Browse Top Apartments in Ankeny
See all Apartments in AnkenyExplore Ankeny
Ankeny, IA Local Guide
![Photo of Staff Writer - Local Guide Expert](https://assets.apartmenthomeliving.com/content/contributors/1/s_1720532484.jpg)
- Ankeny Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Ankeny Apartments for Rent
 The cheapest available apartment rental in Ankeny, IA is a 2 Beds unit found at Campus View Student Housing in the Springwood neighborhood priced from $500. Prairie Pointe Student Living in the Springwood neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $630. Here is today’s list of the most affordable Ankeny apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Campus View Student Housing | 2 Bed / 2 Bath | 2BR,2BA | $500 |
Prairie Pointe Student Living | 4 Bdrm Flat | 4BR,4BA | $630 |
Trailside Apartments | 1 Bedroom 2nd Floor | 1BR,1BA | $825 |
Timberland at Crestbruck | One Bedroom B | 1BR,1BA | $828 |
Lake Shore Park | B1 | 2BR,1BA | $863 |
Frontier Village | 2 BD Legacy | 2BR,1BA | $865 |
Applewood Properties | Two Bedroom | 2BR,1BA | $895 |
Best Value Apartments for Rent in Ankeny, IA
As of February 18, 2025 the best value apartment in the Ankeny area is the $1.05 price per square foot Cascade Falls - Two-Story Model at Prairie Trails in the in the Springwood neighborhood starting from $2,300. The second greatest value Ankeny apartment is the Diamond Hills Model at Diamond Hills starting at $1,900 with a $0.95 price per square foot in the Springwood neighborhood. Here is today’s list of the best values for Ankeny apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Prairie Trails | Cascade Falls - Two-Story | 3BR,3BA | $1.05 |
Diamond Hills | Diamond Hills | 3BR,3BA | $0.95 |
Prairie Lakes | Three Bedroom B | 3BR,2BA | $1.07 |
Prairie Pointe Student Living | 3 Bdrm Townhome | 3BR,3BA | $0.50 |
Applewood Properties | Two Bedroom | 2BR,1BA | $0.89 |
Timberland at Crestbruck | Two Bedroom A | 2BR,1BA | $1.03 |
Belmont Manor | 2 BD W/Balcony | 2BR,1BA | $1.05 |
206 SW State St, Unit 5 | 206 SW State St | 2BR,1BA | $0.94 |
Frontier Village | 2 BD Legacy | 2BR,1BA | $1.08 |
Campus View Student Housing | 2 Bed / 2 Bath | 2BR,2BA | $0.67 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Ankeny Overview
Ankeny, Iowa is an amazing place to live with many opportunities for recreation, access to public transportation, as well as optimal seasonal weather. The town is a great place to raise a family and the town has even been recognized for this fact.
Why live in Ankeny, IA?
The town of Ankeny, Iowa is a very nice place to live because of it's focus on family and building a strong community. The city offers several opportunities for family recreation including hiking, classes, and events all year long. Because of the town's efforts to make the town a great place for families, Ankeny was recognized by Family Circle one of the top ten places in the US to live. A year later, the town placed #62 on the top 100 places to live in MONEY Magazine. If you want a great place to raise your family, choose Ankeny, Iowa.
Pet Friendly LifestyleAnkeny, IA
Ranked #11
Among cities in Iowa for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Ankeny, IA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ankeny, IA Rentals by Map
See the most popular apartments and homes in Ankeny, IA
Getting Around Ankeny, IA
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Ankeny Apartments
What is the Cheapest Studio apartment in Ankeny?
Currently the most affordable Cheap Studio Apartment in Ankeny is at The Sterling at Prairie Trail - Phase 1 listed at $1,059.
How much is rent for a Cheap One Bedroom Ankeny Apartment?
The lowest price for a Cheap One Bedroom Ankeny Apartment is $825 at Trailside Apartments.
What is the lowest price for a Cheap Two Bedroom Ankeny Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ankeny is starting from $500 at Campus View Student Housing.
What is the most affordable Ankeny Three Bedroom Apartment?
The best deal on a cheap Ankeny Three Bedroom Apartment rental is at Campus View Student Housing and starts from $620.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
![decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article](https://assets.apartmenthomeliving.com/content/posts/19321224-understanding_amenity_fees_know_where_you_might_be_able_to_save_money.jpg)
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
![decorative image for What to Know About Fees and Fines When Renting article](https://assets.apartmenthomeliving.com/content/posts/18447499-what_to_know_about_fees_and_fines_when_renting.jpg)
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
![decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article](https://assets.apartmenthomeliving.com/content/posts/19302864-how_your_move_in_inspection_can_protect_your_security_deposit.jpg)
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
![decorative image for Signing Your Apartment Lease: The Basics article](https://assets.apartmenthomeliving.com/content/posts/18447535-signing_your_apartment_lease_the_basics.jpg)
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.