
Cheap Homes for Rent in Ankeny, IA from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Ankeny.


2006 NW Hickory Ln

1624 NW 5th St

1624 NW 5th St

1624 NW 5th St

2005 NW Hickory Ln
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.

310 NW Chapel Dr

214 NW Chapel Dr

1927 NW Hickory Ln

2021 NW hickory Ln

2021 NW hickory Ln

1115 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.

2017 NW Hickory Ln

2009 NW Hickory Ln

2009 NW Hickory Ln

1115 W 1st St

2080 NW Hickory Ln, Unit 2080

1057 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.
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 | $1,440 | $750 | $1,950 |
| Ankeny 3 Bedroom Homes for Rent | $1,920 | $1,429 | $2,600 |
| Ankeny 4 Bedroom Homes for Rent | $2,540 | $2,295 | $3,000 |
Browse Top Homes for Rent in Ankeny
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Ankeny, IA Local Guide
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Cheapest Available Ankeny Apartments for Rent
 The cheapest available apartment rental in Ankeny, IA is a 1 Bed unit found at Ankeny Park Apartments in the Outer Ankeny Saylorville neighborhood priced from $699. Trailside Apartments in the Outer Ankeny Saylorville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Ankeny apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ankeny Park Apartments | 1B1B | 1BR,1BA | $699 |
| Trailside Apartments | 1 Bedroom 1st Floor | 1BR,1BA | $795 |
| Timberland at Crestbruck | One Bedroom B | 1BR,1BA | $842 |
| Lake Shore Park | B3 | 2BR,1BA | $854 |
| Trilein Village Apartments | 2 BDRM | 2BR,1BA | $870 |
Best Value Apartments for Rent in Ankeny, IA
As of February 21, 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 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 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 | Prairie Trail - 3 | 3BR,3BA | $1.05 |
| The Ridge at Canyon Landing Townhomes | Pearson | 3BR,2.5BA | $1.14 |
| Woodland Reserve Apartments | 3L 1342 sf | 3BR,2BA | $1.03 |
| Prairie Lakes | Three Bedroom B | 3BR,2BA | $1.05 |
| Prairie Pointe Student Living | 3 Bdrm Townhome | 3BR,3BA | $0.52 |
| Tradition Pointe | 2Bdrm - 1103 Building (B) | 2BR,2BA | $1.14 |
| Lake Shore Place | C1 | 3BR,2BA | $0.93 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $0.87 |
| Maple Apartments | 2BR/1.0BA | 2BR,1BA | $1.06 |
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 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!
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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 207 Apartments for Rent in Ankeny, IA with pricing that ranges from $655 to $6,664. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ankeny ranging from $750 to $3,000.
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 $750 to $3,000 with an average monthly rent of $1,749.
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 $6,664, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,429 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $655.
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.