
Cheap Homes for Rent in Ankeny, IA from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Ankeny.


110 NW College Ave

110 NW College Ave

114 NW College Ave

1624 NW 5th St

1624 NW 5th St

1624 NW 5th St
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.

1019 NE Greenview Dr

2005 NW Hickory Ln

214 NW Chapel Dr

2021 NW hickory Ln

1927 NW Hickory Ln

2021 NW hickory Ln

1913 W 1st St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1115 W 1st St

401 SW Elm St

2009 NW Hickory Ln

2009 NW Hickory Ln

405 SW Elm St

1115 W 1st St

1051 NW Greenwood St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

212 NW Arlan Dr
Ankeny, IA Local Guide

How much does it cost to rent a home in Ankeny?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ankeny 2 Bedroom Homes for Rent | $1,424 | $725 | $1,950 |
| Ankeny 3 Bedroom Homes for Rent | $2,051 | $1,150 | $2,400 |
| Ankeny 4 Bedroom Homes for Rent | $2,475 | $2,195 | $2,695 |
Browse Top Homes for Rent in Ankeny
Explore Ankeny
Ankeny, IA Local Guide
- Ankeny Neighborhoods
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Cheapest Available Ankeny Apartments for Rent
 The cheapest available apartment rental in Ankeny, IA is a 3 Beds unit found at Campus View Student Housing in the Springwood neighborhood priced from $640. Oakwood Place in the Springwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $773. Here is today’s list of the most affordable Ankeny apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus View Student Housing | 3 Bed / 3 Bath | 3BR,3BA | $640 |
| Oakwood Place | Ash 40% | 1BR,1BA | $773 |
| Trailside Apartments | 1 Bedroom 1st Floor | 1BR,1BA | $795 |
| Grand Homes (55+ Community) | One Bedroom | 1BR,1BA | $800 |
| 2003-2005 W 1st St | 1B1B | 1BR,1BA | $800 |
Best Value Apartments for Rent in Ankeny, IA
As of April 07, 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 Hayes Acres neighborhood starting from $2,300. The second greatest value Ankeny apartment is the Cascade Falls - Two-Story 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 Ankeny 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 | Cascade Falls - Two-Story | 3BR,3BA | $1.05 |
| Windsor Village Condos | WV 3 Bed | 3BR,2BA | $1.17 |
| Woodland Reserve Apartments | 2B 1150 sf | 2BR,2BA | $1.12 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $0.87 |
| Delaware Crossing Apartments & Townhomes | 2Bedroom/1Bath - Upgraded | 2BR,1BA | $1.08 |
| Maple Apartments | 2BR/1.0BA | 2BR,1BA | $0.99 |
| Village on State | 2BD LL | 2BR,1BA | $1.06 |
| Grand Homes (55+ Community) | One Bedroom | 1BR,1BA | $1.00 |
| Campus View Student Housing | 2 Bed / 2 Bath | 2BR,2BA | $0.90 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Ankeny, IA
Ankeny Centennial High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ankeny, IA Rentals by Map
See the most popular apartments and homes in Ankeny, IA
Frequently Asked Questions about Ankeny
What type of rentals are currently available in Ankeny?
There are currently 206 Apartments for Rent in Ankeny, IA with pricing that ranges from $600 to $6,602. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ankeny ranging from $700 to $2,695.
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 $700 to $2,695 with an average monthly rent of $1,704.
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 $685 to $6,602, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $600.
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.