
Cheap Homes for Rent in the Diamond Hills Neighborhood of Ankeny, IA from $1,100 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Diamond Hills area of Ankeny.


1805 SW White Birch Cir, Unit #14

3142 SW Arlan Ln

1961 Four Seasons Dr

1960 Four Seasons Dr

2431 Four Seasons Dr

318 Parkland Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3035 SW Sharmin Ln

3032 SW Arlan Ln

3130 SW Sharmin Ln

3107 SW Arlan Ln

3203 SW Arlan Ln

3161 SW Sharmin Ln

317 Autumn Park Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Diamond Hills, Ankeny, IA Local Guide

How much does it cost to rent a home in Diamond Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond Hills 2 Bedroom Homes for Rent | $1,554 | $1,300 | $1,850 |
| Diamond Hills 3 Bedroom Homes for Rent | $1,839 | $1,449 | $2,295 |
| Diamond Hills 4 Bedroom Homes for Rent | $2,406 | $2,295 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Diamond Hills Neighborhood of Ankeny, IA.
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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 Sterling of Prairie Trail priced from $1,080. The Franklin Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Diamond Hills apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sterling of Prairie Trail | Sardinia | Studio,1BA | $1,080 |
| The Franklin Apartments | New 1 Bedroom | 1BR,1BA | $1,200 |
| The Standard at Prairie Trail | 1st Floor (A1) No Patio | 1BR,1BA | $1,200 |
| Pointe 28 | Anson Signature | 1BR,1BA | $1,217 |
| Roseann Lofts | Roseann 2nd/3rd Floor 2 Bed | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Diamond Hills, IA
As of July 09, 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 - 4 Model at Prairie Trails starting at $2,500 with a $1.02 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 - 4 | 4BR,3BA | $1.02 |
| The Cove at Prairie Trail | Cove PT - Lake View 3-Bed Interior Unit | 3BR,2.5BA | $1.32 |
| Tradition Pointe | 2Bdrm - 1115 Building (A) | 2BR,2BA | $1.22 |
| Sterling at Prairie Trail North | Lily Townhome | 1BR,1BA | $1.66 |
| Roseann Lofts | Roseann 2nd/3rd Floor 2 Bed | 2BR,1BA | $1.43 |
| Emerald Reserve Ankeny | 2 BR 1 BA | 2BR,1BA | $1.94 |
| Pointe 28 | Anson Signature | 1BR,1BA | $1.56 |
| District Flats | District Flats 2nd/3rd Floor - 1 Bed (B) | 1BR,1BA | $1.91 |
| Sterling of Prairie Trail | Sardinia | Studio ,1BA | $1.88 |
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.
Read ArticleReal 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.
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
Frequently Asked Questions about Diamond Hills
What type of rentals are currently available in Diamond Hills?
There are currently 57 Apartments for Rent in Diamond Hills, IA with pricing that ranges from $560 to $2,600. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Hills ranging from $1,195 to $2,595.
What is the current price range for Rental Homes in Diamond Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond Hills ranges from $1,195 to $2,595 with an average monthly rent of $1,748.
How much are larger Three and Four Bedroom Rentals in Diamond Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Diamond Hills range from $685 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,449 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $560.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.