Cheap Apartments for Rent in the Magnolia Park Neighborhood of Des Moines, IA from $500 (65 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 3726 SE 14th St

3726 SE 14th St

Des MoinesIA50320
property at 3720 SE 14th St

3720 SE 14th St

Des MoinesIA50320
property at 3716 SE 14th St

3716 SE 14th St

Des MoinesIA50320
property at 3724 SE 14th St

3724 SE 14th St

Des MoinesIA50320

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 3718 SE 14th St

3718 SE 14th St

Des MoinesIA50320

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
Senior Living
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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

3722-3726 SE 14th StDes Moines, IA 50320
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The Quarters on 9th
Studio to 2 Bedroom Apartments

The Quarters on 9th

5209 SW 9th StDes Moines, IA 50315
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Watrous
1 to 2 Bedroom Apartments

Watrous

1300 E Watrous AveDes Moines, IA 50315
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920 Meadow Ln
2 Bedroom Apartments

920 Meadow Ln

920 Meadow LnDes Moines, IA 50315
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Magnolia Park, Des Moines, IA Local Guide

Cheapest Available Magnolia Park Apartments for Rent

 

The cheapest available apartment rental in the Magnolia Park area of Des Moines, IA is a 1 Bed unit found at Melbourne priced from $627. The Pointe on Fleur has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here are the most affordable Magnolia Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
MelbourneA2 - 40 - Income Restricted1BR,1BA$627
The Pointe on Fleur1x11BR,1BA$685
Rosemont PlaceB42BR,1BA$693
Park Forest1x1 6301BR,1BA$695
Pioneer EstatesB11BR,1BA$700
SomersetB32BR,1BA$707
1201 E Bell AvenueOne Bedroom Southside of Des Moines *No App Fee*1BR,1BA$715
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
Sutton HillB32BR,1BA$728
Wakonda Village and Manor Apartment HomesS1PwvStudio,1BA$735

Best Value Apartments for Rent in Magnolia Park, IA

As of May 14, 2025 the best value apartment in the Magnolia Park area is the $0.91 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $950. The second greatest value Magnolia Park apartment is the 2 Bedroom Model at Magnolia Manor Apartments and Townhomes starting at $850 with a $0.89 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Magnolia Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows3 Bedroom3BR,2BA$0.91
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
SomersetB42BR,2BA$1.07
McKinley Apartments2BD/1.5BA2BR,2BA$0.99
Woodside Park Apartments2 Bed A2BR,1BA$1.07
Southern Park Apartments2BR/1.0BA2BR,1BA$0.96
Sevastopol Station1 Bedroom 1 Bathroom1BR,1BA$1.10
Sutton HillB12BR,1BA$1.03
The Pointe on Fleur1x11BR,1BA$1.01
1201 E Bell AvenueOne Bedroom Southside of Des Moines *No App Fee*1BR,1BA$1.08

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.

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Pet Friendly Lifestyle
Magnolia Park, Des Moines, IA

Ranked #32

Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Des Moines. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Magnolia Park Neighborhood in Des Moines, IA

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

29 / 100

Some Transit

A few 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 Magnolia Park Apartments

What is a cheap apartment in Magnolia Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Park is under $735.

What is the price of a cheap apartment in Magnolia Park?

The cheapest apartment in Magnolia Park is Melbourne which is listed at $627, while the average apartment in Magnolia Park costs $1,359.

What types of apartments are the cheapest in Magnolia Park?

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 37 regular apartments in Magnolia Park 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 Magnolia Park?

Cheap apartments in Magnolia Park have an average cost of $180 which is $1,179 cheaper than the average rent for all rentals in Magnolia Park.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.