Cheap Homes for Rent in Ankeny, IA from $700 (17 Rentals)

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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 Ankeny Park Apartments in the Georgetown neighborhood priced from $760. Grand Homes (55+ Community) in the Castalia Plaza neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Ankeny apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ankeny Park Apartments1B1B1BR,1BA$760
Grand Homes (55+ Community)One Bedroom1BR,1BA$800
Trailside Apartments1 Bedroom 2nd Floor1BR,1BA$825
Village on State2BD LL2BR,1BA$845
Timberland at CrestbruckOne Bedroom B1BR,1BA$849

Best Value Apartments for Rent in Ankeny, IA

As of September 12, 2025 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 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 Ankeny 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
Centennial Pointe WestCentennial Pointe West3BR,3BA$0.96
The Ridge at Canyon Landing TownhomesPearson3BR,2.5BA$1.06
Prairie LakesThree Bedroom A3BR,2BA$1.08
Applewood PropertiesTwo Bedroom2BR,1BA$0.85
Avondale Trace CondosAC.1B.1B.B/P1BR,1BA$1.06
Lake Shore PlaceB12BR,1BA$1.09
Village on State2BD LL2BR,1BA$1.06
Grand Homes (55+ Community)One Bedroom1BR,1BA$1.00

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Pet Friendly Lifestyle
Ankeny, IA

Ranked #9

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Ankeny

What type of rentals are currently available in Ankeny?

There are currently 200 Apartments for Rent in Ankeny, IA with pricing that ranges from $725 to $2,772. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ankeny ranging from $750 to $3,300.

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 $3,300 with an average monthly rent of $1,931.

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 $975 to $2,772, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $2,275.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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