Cheap Homes for Rent in Prospect Park Neighborhood of Des Moines, IA from $900 (9 Rentals)

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

property at 1410 32nd St

1410 32nd St

Des MoinesIA50311

Prospect Park, Des Moines, IA Local Guide

Cheapest Neighborhoods for Apartments in Prospect Park, IA

Pricing Updated: 03/21/2025

Current apartment rentals in the Prospect Park, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Prospect Park Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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

Best Value Apartments for Rent in Prospect Park, IA

As of March 21, 2025 the best value apartment in the Prospect Park 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 Prospect Park apartment is the 935 E 7th St Model at 935 E 7th St, Unit 935 E 7th street Apt 2 starting at $950 with a $0.79 price per square foot in the Grandview College Area 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.
The ElmhurstModel A2BR,2BA$1.00
935 E 7th St, Unit 935 E 7th street Apt 2935 E 7th St2BR,1BA$0.79
2813 Cottage Grove Ave3 bed3BR,1BA$1.00
The Birch (Douglas Terrace)Elevated 2 Bed2BR,1BA$0.94
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$1.03
2408 Beaver Ave, Unit Apt B2408 Beaver Ave1BR,1BA$1.25
Legacy Apartments1BR/1.0BA1BR,1BA$1.16
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$1.07
Cottage Heights on 29th1 Bedroom1BR,1BA$1.23

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Frequently Asked Questions about Prospect Park

What type of rentals are currently available in Prospect Park?

There are currently 449 Apartments for Rent in Prospect Park, IA with pricing that ranges from $550 to $5,310. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $945 to $3,000.

What is the current price range for Rental Homes in Prospect Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $945 to $3,000 with an average monthly rent of $1,890.

How much are larger Three and Four Bedroom Rentals in Prospect Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Park range from $965 to $5,310, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,995. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $965.

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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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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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.