Cheap Apartments for Rent in the Diamond Hills Neighborhood of Ankeny, IA from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Diamond Hills area of Ankeny.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Autumn Ridge
2 to 3 Bedroom Apartments

Autumn Ridge

2050 Four Seasons DrAnkeny, IA 50021
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Belmont Point Apartments
2 Bedroom Apartments

Belmont Point Apartments

1102 SE Belmont DrAnkeny, IA 50021
Student Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-24, Page 1 of 1

Diamond Hills, Ankeny, IA Local Guide

Cheapest Available Diamond Hills Apartments for Rent

 

The cheapest available apartment rental in the Diamond Hills area of Des Moines, IA is a 1 Bed unit found at District Lofts Apartments priced from $990. Sterling of Prairie Trail has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable Diamond Hills apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
District Lofts ApartmentsDistrict Lofts 1 - 1st Floor Studio (ADA)1BR,1BA$990
Sterling of Prairie TrailSardiniaStudio,1BA$1,125
Roseann LoftsRoseann 1st Floor ADA1BR,1BA$1,150
The Franklin ApartmentsNew 1 Bedroom1BR,1BA$1,200
The Standard at Prairie Trail1st Floor (A1) No Patio1BR,1BA$1,240

Best Value Apartments for Rent in Diamond Hills, IA

As of July 29, 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 Elm St - Ranch Finished Basement Model at Elm St Villas starting at $2,600 with a $0.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie TrailsFour bed4BR,3BA$0.77
Elm St VillasElm St - Ranch Finished Basement3BR,3BA$0.94
Prairie TrailsCascade Falls - Ranch3BR,3BA$1.05
Tradition Pointe2Bdrm - 1115 Building (A)2BR,2BA$1.41
Sterling at Prairie Trail NorthLily Townhome1BR,1BA$1.66
Emerald Reserve Ankeny2 BR 1 BA2BR,1BA$1.94
Roseann LoftsRoseann 1st Floor ADA1BR,1BA$1.60
District Lofts ApartmentsDistrict Lofts 1 - 4th Floor Large Corner1BR,1BA$1.96
District FlatsDistrict Flats 1st Floor - 1 Bed ADA1BR,1BA$1.91
Sterling of Prairie TrailSardiniaStudio ,1BA$1.96

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Diamond Hills, Ankeny, IA

Ranked #12

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Diamond Hills, Ankeny, IA

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 the price of a cheap apartment in Diamond Hills?

The cheapest apartment in Diamond Hills is District Lofts Apartments which is listed at $990, while the average apartment in Diamond Hills costs $1,900.

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 4 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 $259 which is $1,641 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

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

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.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.