Cheap Apartments for Rent in the Prospect Park Neighborhood of Des Moines, IA from $500 (98 Rentals)

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

property at 1048 19th St

1048 19th St

Des MoinesIA50314
property at 2533 Lynner Dr

2533 Lynner Dr

Des MoinesIA50310
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Prospect Park, Des Moines, IA Local Guide

Cheapest Available Prospect Park Apartments for Rent

 

The cheapest available apartment rental in the Prospect Park area of Des Moines, IA is a Studio unit found at Highland Park Apartments (DSM) priced from $575. Village Green has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Prospect Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Highland Park Apartments (DSM)StudioStudio,1BA$575
Village GreenStudioStudio,1BA$600
Concord ApartmentsStudio 5Studio,1BA$625
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$695
Beaverdale Housing LLCStudioStudio,1BA$710
Oakview TerraceStudioStudio,1BA$710
The Scott at East VillageStudioStudio,1BA$713
East Village SquareStudio 390-392Studio,1BA$725

Best Value Apartments for Rent in Prospect Park, IA

As of February 27, 2025 the best value apartment in the Prospect Park 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 Prospect Park 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 Prospect Park 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
2813 Cottage Grove Ave3 bed3BR,1BA$1.00
3703 5th Ave, Unit #53703 5th Ave1BR,1BA$0.90
3120 Cottage Grove Ave, Unit 33120 Cottage Grove Ave2BR,1BA$0.94
Northtown Apartments2 Bedroom 1 Bathroom2BR,1BA$0.90
The Birch (Douglas Terrace)Elevated 2 Bed2BR,1BA$0.94
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.07
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$1.07

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Pet Friendly Lifestyle
Prospect 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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Best Local Schools in
Prospect Park, Des Moines, IA

School data provided by Great Schools

Best Local Schools in
Prospect Park, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Des Moines. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Prospect Park Neighborhood in Des Moines, IA

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 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 Prospect Park Apartments

What is the Cheapest Studio apartment in Prospect Park?

Currently the most affordable Cheap Studio Apartment in Prospect Park is at Highland Park Apartments (DSM) listed at $575.

How much is rent for a Cheap One Bedroom Prospect Park Apartment?

The lowest price for a Cheap One Bedroom Prospect Park Apartment is $647 at Highland Park Apartments (DSM).

What is the lowest price for a Cheap Two Bedroom Prospect Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect Park is starting from $775 at Northtown Apartments.

What is the most affordable Prospect Park Three Bedroom Apartment?

The best deal on a cheap Prospect Park 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.

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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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.