Cheap Homes for Rent in Ankeny, IA from $725 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in 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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property at 1019 NE Greenview Dr
$800

Total Monthly Price

Base Rent$800
Total Monthly Price$800
2 Bedroom, 2 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1019 NE Greenview Dr

AnkenyIA50021

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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property at 6633 NW 6th Dr
$995
1 Bedroom, 1 Bath Rentals
Available Sep 11
Affordability

6633 NW 6th Dr

Des MoinesIA50313
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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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Ankeny, IA Local Guide

Cheapest Available Ankeny Apartments for Rent

 

The cheapest available apartment rental in Ankeny, IA is a 1 Bed unit found at 114 NW College Ave in the Frontier Village neighborhood priced from $725. 110 NW College Ave in the Frontier Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Ankeny apartments for rent:

Apartment ListingModel NameBed/BathPriced From
114 NW College Ave1 Beds, 1 Baths1BR,1BA$725
110 NW College Ave1 Beds, 1 Baths1BR,1BA$725
Trilein VillageSterling SignatureStudio,1BA$770
218 NW State St2 BD Legacy2BR,1BA$795
Brick Towne at Signature Village1 Bedroom1BR,1BA$800

Best Value Apartments for Rent in Ankeny, IA

As of September 10, 2026 the best value apartment in the Ankeny area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Georgetown neighborhood starting from $2,300. The second greatest value Ankeny apartment is the Centennial Pointe West Model at Centennial Pointe West starting at $2,400 with a $1.00 price per square foot in the Georgetown neighborhood. Here is today’s list of the best values for Ankeny apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie TrailsFour bed4BR,3BA$0.77
Centennial Pointe WestCentennial Pointe West3BR,3BA$1.00
Prairie Pointe Student Living3 Bdrm Townhome3BR,3BA$0.50
Northgate Apartments3 bedroom 2 bath3BR,2BA$1.10
Applewood PropertiesTwo Bedroom2BR,1BA$0.87
Lake Shore PlaceB12BR,1BA$1.14
Timberland at CrestbruckTwo Bedroom A2BR,1BA$1.13
218 NW State St2 BD Legacy2BR,1BA$0.99
Grand Homes (55+ Community)One Bedroom1BR,1BA$1.00
602 SE Grant St2 Bed 1 Bath2BR,1BA$1.13

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Ankeny

What type of rentals are currently available in Ankeny?

There are currently 212 Apartments for Rent in Ankeny, IA with pricing that ranges from $530 to $3,585. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ankeny ranging from $725 to $2,700.

What is the current price range for Rental Homes in Ankeny?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ankeny ranges from $725 to $2,700 with an average monthly rent of $1,794.

How much are larger Three and Four Bedroom Rentals in Ankeny?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ankeny range from $655 to $3,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $530.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.