Cheap Homes for Rent in Downtown Des Moines Neighborhood of Des Moines, IA from $1,900 (3 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 400 Walnut St

400 Walnut St

Des MoinesIA50309

Best Value Apartments for Rent in Downtown Des Moines, IA

As of March 29, 2025 the best value apartment in the Downtown Des Moines area is the $1.31 price per square foot 2BR/2.0BA Model at Gateway Lofts in the in the Southwest Des Moines neighborhood starting from $1,740. 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.
Gateway Lofts2BR/2.0BA2BR,2BA$1.31
The ElmhurstModel A2BR,2BA$1.00
AP Lofts2 Bedroom 2 Bathroom2BR,2BA$1.38
Wilkins BldgMarket Rate1BR,1BA$1.35
The Griffin Building2 Bedroom 1 Bathroom2BR,1BA$1.18
High Street BrickstoneTwo Bedroom2BR,2BA$1.02
Woodland Avenue Brickstone2x1 8502BR,1BA$1.30
Vine Street Lofts1 Bedroom1BR,1BA$1.27
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.31
Stockbridge Apartments1x1 670-7001BR,1BA$0.81

Frequently Asked Questions about Downtown Des Moines

What type of rentals are currently available in Downtown Des Moines?

There are currently 154 Apartments for Rent in Downtown Des Moines, IA with pricing that ranges from $565 to $3,465. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Des Moines ranging from $1,950 to $3,095.

What is the current price range for Rental Homes in Downtown Des Moines?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Des Moines ranges from $1,950 to $3,095 with an average monthly rent of $2,417.

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

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 Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.