Cheap Apartments for Rent in the Downtown Des Moines Neighborhood of Des Moines, IA from $500 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Des Moines area of Des Moines.

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Harrington Studios
Studio Apartments

Harrington Studios

677 16th StDes Moines, IA 50314
  • Utilities Inc.
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Concord Apartments
Studio Apartments

Concord Apartments

732 18th StDes Moines, IA 50314
  • Utilities Inc.
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Downtown Des Moines, Des Moines, IA Local Guide

Cheapest Available Downtown Des Moines Apartments for Rent

 

The cheapest available apartment rental in the Downtown Des Moines area of Des Moines, IA is a Studio unit found at Concord Apartments priced from $625. Argonne Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Downtown Des Moines apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Concord ApartmentsStudio 5Studio,1BA$625
Argonne ApartmentsStudio CStudio,1BA$695
The Scott at East VillageStudioStudio,1BA$713
East Village SquareStudio 390-392Studio,1BA$725
Court Ave LoftsCA-A1 - Income Restricted1BR,1BA$745
Civic Center Court ApartmentsStudio - Apply NowStudio,1BA$750
The Des Moines BuildingS2Studio,1BA$750
The Elliott1 Bedroom1BR,1BA$775
Pleasant Court1 Bedroom1BR,1BA$799
Randolph ApartmentsThe WarrenStudio,1BA$825

Best Value Apartments for Rent in Downtown Des Moines, IA

As of March 01, 2025 the best value apartment in the Downtown Des Moines area is the $1.12 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,395. The second greatest value Downtown Des Moines apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Downtown Des Moines apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Matilda 235 TownhomesB22BR,2.5BA$1.12
The ElmhurstModel A2BR,2BA$1.00
Carbon 5502BR-C92BR,2BA$1.35
The Griffin Building2 Bedroom 1 Bathroom2BR,1BA$1.23
Wilkins BldgMarket Rate1BR,1BA$1.14
Woodland Avenue Brickstone2x1 8502BR,1BA$1.30
Vine Street Lofts1 Bedroom1BR,1BA$1.19
Union at Rivers Edge111_1b61BR,1BA$1.41
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.31
Pleasant Court2 Bedroom2BR,1BA$1.38

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Downtown Des Moines, Des Moines, and the greater Des Moines area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, and much more. These search options are in the site filters at the top of this page.

Getting Around the Downtown Des Moines Neighborhood in Des Moines, IA

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

59 / 100

Good Transit

Many nearby public transportation options

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 Downtown Des Moines Apartments

What is the Cheapest Studio apartment in Downtown Des Moines?

Currently the most affordable Cheap Studio Apartment in Downtown Des Moines is at Concord Apartments listed at $625.

How much is rent for a Cheap One Bedroom Downtown Des Moines Apartment?

The lowest price for a Cheap One Bedroom Downtown Des Moines Apartment is $745 at Court Ave Lofts.

What is the lowest price for a Cheap Two Bedroom Downtown Des Moines Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Des Moines is starting from $897 at The Scott at East Village.

What is the most affordable Downtown Des Moines Three Bedroom Apartment?

The best deal on a cheap Downtown Des Moines Three Bedroom Apartment rental is at The Scott at East Village and starts from $1,063.

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.

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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.

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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.

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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.

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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.