Cheap Homes for Rent in Des Moines, IA from $700 (28 Rentals)

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property at 2006 50th St

2006 50th St

Des MoinesIA50310

Des Moines, IA Local Guide

Cheapest Neighborhoods for Apartments in Des Moines, IA

Pricing Updated: 04/09/2025

Current apartment rentals in the Des Moines, IA area range in price from $500 to $4,527 with an overall median price of $1,615. The three Des Moines neighborhoods with the lowest median rent pricing are Nuttall Acres at $740, Golf & Country Club at $765, and Colby Woods at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Des Moines Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Nuttall Acres$1,117$74062
Golf & Country Club$1,132$76560
Colby Woods$1,145$65069
Karen Acres$1,145$65060
Lake Halice Plat$1,145$73562
Jordan Park$1,146$627102
Somerset$1,146$627136
Bethany Heights$1,150$68077
Frisbie Park$1,150$625105
Ingersoll Park$1,150$565151

Cheapest Available Des Moines Apartments for Rent

 

The cheapest available apartment rental in Des Moines, IA is a 4 Beds unit found at Prairie Pointe Student Living in the Springwood neighborhood priced from $500. Campus View Student Housing in the Springwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $500. Here is today’s list of the most affordable Des Moines apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie Pointe Student Living4 Bdrm Townhome4BR,4BA$500
Campus View Student Housing2 Bed / 2 Bath2BR,2BA$500
Highland Park Apartments (DSM)StudioStudio,1BA$575
Village GreenStudioStudio,1BA$600
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
Concord ApartmentsStudio 5Studio,1BA$625
MelbourneA2 - 40 - Income Restricted1BR,1BA$627
Johnston Crossing Senior Apartments I2 Bedroom2BR,1BA$648
The Eddy0BR/1.0BAStudio,1BA$650
Plaza ManorAspen1BR,1BA$650

Best Value Apartments for Rent in Des Moines, IA

As of April 09, 2025 the best value apartment in the Des Moines area is the $0.38 price per square foot 3 Bdrm Townhome Model at Prairie Pointe Student Living in the in the Springwood neighborhood starting from $500. The second greatest value Des Moines apartment is the 3x1.75 Model at The Pointe on Fleur starting at $1,050 with a $0.88 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Des Moines apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie Pointe Student Living3 Bdrm Townhome3BR,3BA$0.38
The Pointe on Fleur3x1.753BR,2BA$0.88
Ingersoll TowersRiley2BR,2BA$0.93
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
The Meadows2 Bedroom2BR,1BA$0.91
Johnston Crossing Senior Apartments I2 Bedroom2BR,1BA$0.73
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.93
The Birch (Douglas Terrace)Elevated 2 Bed2BR,1BA$0.91
Woodland WestTwo Bedroom2BR,1BA$0.95
Campus View Student Housing2 Bed / 2 Bath2BR,2BA$0.67

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Frequently Asked Questions about Des Moines

What type of rentals are currently available in Des Moines?

There are currently 1255 Apartments for Rent in Des Moines, IA with pricing that ranges from $500 to $3,830. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Des Moines ranging from $765 to $3,195.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Des Moines ranges from $765 to $3,195 with an average monthly rent of $1,785.

How much are larger Three and Four Bedroom Rentals in Des Moines?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Des Moines range from $500 to $3,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,069 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $500.

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.