
Cheap Apartments for Rent in the Diamond Hills Neighborhood of Ankeny, IA from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Diamond Hills area of Ankeny.


Autumn Ridge
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Diamond Hills, Ankeny, IA Local Guide

How much does it cost to rent an apartment in Diamond Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond Hills Studio Apartments | $1,096 | $1,050 | $1,150 |
| Diamond Hills 1 Bedroom Apartments | $1,321 | $1,115 | $1,699 |
| Diamond Hills 2 Bedroom Apartments | $1,694 | $795 | $2,369 |
| Diamond Hills 3 Bedroom Apartments | $1,750 | $685 | $2,600 |
| Diamond Hills 4 Bedroom Apartments | $932 | $655 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Diamond Hills Neighborhood of Ankeny, IA.
See all Apartments in AnkenyExplore Ankeny
Diamond Hills, Ankeny, IA Local Guide
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Cheapest Available Diamond Hills Apartments for Rent
 The cheapest available apartment rental in the Diamond Hills area of Des Moines, IA is a Studio unit found at The Sterling at Prairie Trail - Phase 1 priced from $1,059. Sterling at Prairie Trail North has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Diamond Hills apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Sterling at Prairie Trail - Phase 1 | Sardinia | Studio,1BA | $1,059 |
| Sterling at Prairie Trail North | Ivory | Studio,1BA | $1,100 |
| Roseann Lofts | Roseann 2nd/3rd Floor 1 Bed Suite | 1BR,1BA | $1,115 |
Best Value Apartments for Rent in Diamond Hills, IA
As of February 24, 2026 the best value apartment in the Diamond Hills area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Hayes Acres neighborhood starting from $2,300. The second greatest value Diamond Hills apartment is the Prairie Trail - 3 Model at Prairie Trails starting at $2,300 with a $1.05 price per square foot in the Hayes Acres neighborhood. Here is today’s list of the best values for Diamond Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie Trails | Four bed | 4BR,3BA | $0.77 |
| Prairie Trails | Prairie Trail - 3 | 3BR,3BA | $1.05 |
| Redwood Ankeny | Capewood | 2BR,2BA | $1.42 |
| District Brownstone Townhomes | District Brownstones 2 Bed Interior Unit | 2BR,2.5BA | $1.31 |
| Prairie Pointe Student Living | 3 Bdrm Townhome | 3BR,3BA | $0.52 |
| 1815 SW White Birch Cir #5 | 1815 SW White Birch Cir #5 | 3BR,2BA | $1.24 |
| Chalet at Prairie Trail | Chalet - End Non-Patio | 2BR,2.5BA | $1.42 |
| Pointe 28 | Vail - Renovated | 3BR,2BA | $1.47 |
| Tradition Pointe | 2Bdrm - 1103 Building (B) | 2BR,2BA | $1.14 |
| Roseann Lofts | Roseann 2nd/3rd Floor 1 Bed Suite | 1BR,1BA | $1.68 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleQuick 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.
Pet Friendly LifestyleDiamond Hills, Ankeny, IA
Ranked #11
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Diamond Hills, Ankeny, IA
Crocker Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Iowa and customized analysis for North Des Moines, IA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Diamond Hills Apartments
What is a cheap apartment in Diamond Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Diamond Hills is under $1,700.
What is the price of a cheap apartment in Diamond Hills?
The cheapest apartment in Diamond Hills is Roseann Lofts which is listed at $1,115, while the average apartment in Diamond Hills costs $1,760.
What types of apartments are the cheapest in Diamond Hills?
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 10 regular apartments in Diamond Hills 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 Diamond Hills?
Cheap apartments in Diamond Hills have an average cost of $279 which is $1,481 cheaper than the average rent for all rentals in Diamond Hills.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.