Cheap Apartments for Rent in the Greenwood Neighborhood of Des Moines, IA from $500 (123 Rentals)

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

property at 1048 19th St

1048 19th St

Des MoinesIA50314

Greenwood, Des Moines, IA Local Guide

Cheapest Available Greenwood Apartments for Rent

 

The cheapest available apartment rental in the Greenwood area of Des Moines, IA is a 1 Bed unit found at Stockbridge Apartments priced from $565. Village Green has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Greenwood apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Stockbridge Apartments1x1 670-7001BR,1BA$565
Village GreenStudioStudio,1BA$600
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
Concord ApartmentsStudio 5Studio,1BA$625
Lenox PropertiesDrake1BR,1BA$675
The DrakeB31BR,1BA$680
The Pointe on Fleur1x11BR,1BA$685
Hampton House ApartmentsStudioStudio,1BA$699
3309 University Ave0BR/1.0BAStudio,1BA$700
Beaverdale Housing LLCStudioStudio,1BA$710

Best Value Apartments for Rent in Greenwood, IA

As of March 28, 2025 the best value apartment in the Greenwood area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Greenwood apartment is the 2901 Grand Ave #307 Model at 2901 Grand Ave #307, Unit 307 starting at $1,360 with a $1.13 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
2901 Grand Ave #307, Unit 3072901 Grand Ave #3072BR,2BA$1.13
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
Ingersoll TowersRiley2BR,2BA$0.96
The Pointe on Fleur2x1b2BR,1BA$0.90
The Griffin Building2 Bedroom 1 Bathroom2BR,1BA$1.18
High Street BrickstoneTwo Bedroom2BR,2BA$1.02
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.97
Stockbridge Apartments1x1 670-7001BR,1BA$0.81
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12

Quick Rent Budget Calculator

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Iowa and customized analysis for Central Des Moines. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Greenwood Neighborhood in Des Moines, IA

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Greenwood Apartments

What is a cheap apartment in Greenwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greenwood is under $710.

What is the price of a cheap apartment in Greenwood?

The cheapest apartment in Greenwood is Stockbridge Apartments which is listed at $565, while the average apartment in Greenwood costs $1,973.

What types of apartments are the cheapest in Greenwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 38 regular apartments in Greenwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Greenwood?

Cheap apartments in Greenwood have an average cost of $561 which is $1,412 cheaper than the average rent for all rentals in Greenwood.

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.

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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.

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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.

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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.