
Cheap Homes for Rent in Prospect Park Neighborhood of Des Moines, IA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Des Moines.


3020 Columbia St

3914 2nd Ave

3808 Urbandale Ave

1329 Fremont St

3101 E 7th St

1008 Kingman Cir, Unit 1010
Prospect Park, Des Moines, IA Local Guide

How much does it cost to rent a home in Prospect Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Park 2 Bedroom Homes for Rent | $1,117 | $945 | $1,400 |
Prospect Park 3 Bedroom Homes for Rent | $1,826 | $1,350 | $3,095 |
Prospect Park 4 Bedroom Homes for Rent | $2,350 | $1,850 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Des Moines, IA.
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Prospect Park, Des Moines, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Park Apartments (DSM) | Studio | Studio,1BA | $575 |
Village Green | Studio | Studio,1BA | $600 |
Concord Apartments | Studio 5 | Studio,1BA | $625 |
Best Value Apartments for Rent in Prospect Park, IA
As of April 13, 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 2 bed Model at 2813 Cottage Grove Ave starting at $900 with a $0.82 price per square foot in the Drake Park neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Elmhurst | Model A | 2BR,2BA | $1.00 |
2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
1201 34th St | 1201 34th St | 2BR,1BA | $1.16 |
The Birch (Douglas Terrace) | Elevated 2 Bed | 2BR,1BA | $0.91 |
Riverview Oaks Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.03 |
MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
Welcome to 2800 30th St. | 1BR/1.0BA | 1BR,1BA | $1.07 |
The Drake | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
2413 24th St | 2 Bedroom- 2411 24th | 2BR,1BA | $1.21 |
Northtown Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 450 Apartments for Rent in Prospect Park, IA with pricing that ranges from $600 to $3,690. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $750 to $3,095.
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 $750 to $3,095 with an average monthly rent of $1,660.
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 $1,100 to $3,062, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,850 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.

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.

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.

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.

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.