
Cheap Homes for Rent in Ankeny, IA from $900 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Ankeny.


114 NW College Ave

110 NW College Ave
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

1115 W 1st St

1115 W 1st St

3840 15th St

6633 NW 6th Dr
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.

1704 NW Pine Rd

1115 W 1st St

3820 13th St

1206 SW Franklin Ct

1115 SW 11th St

213 NW Arlan Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3152 SW Arlan Ln

3627 Williams St

3181 SW Sharmin Ln

1624 NW Prairie Lakes Dr

2503 NE Oak Dr, Unit 8
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 | $1,470 | $1,150 | $1,795 |
Ankeny 3 Bedroom Homes for Rent | $2,153 | $1,445 | $3,300 |
Ankeny 4 Bedroom Homes for Rent | $2,198 | $1,645 | $2,495 |
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 4 Beds unit found at Prairie Pointe Student Living in the Springwood neighborhood priced from $500. Campus View Student Housing in the Springwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $500. Here is today’s list of the most affordable Ankeny apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Prairie Pointe Student Living | 4 Bdrm Townhome | 4BR,4BA | $500 |
Campus View Student Housing | 2 Bed / 2 Bath | 2BR,2BA | $500 |
Ankeny Park Apartments | 1B1B | 1BR,1BA | $700 |
Trilein Village Apartments | Studio-Remodel | Studio,1BA | $740 |
Village on State | 2BD LL | 2BR,1BA | $795 |
Best Value Apartments for Rent in Ankeny, IA
As of June 18, 2025 the best value apartment in the Ankeny area is the $0.95 price per square foot Upper Level Model at The Pines in the in the Georgetown neighborhood starting from $1,350. The second greatest value Ankeny apartment is the Three Bedroom B Model at Prairie Lakes starting at $1,392 with a $1.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Pines | Upper Level | 3BR,2BA | $0.95 |
Prairie Lakes | Three Bedroom B | 3BR,2BA | $1.05 |
Applewood Properties | Two Bedroom | 2BR,1BA | $0.85 |
Maple Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
Lake Shore Place | B1 | 2BR,1BA | $1.09 |
Belmont Manor | 2 BD W/Balcony | 2BR,1BA | $1.05 |
Grand Homes (55+ Community) | One Bedroom | 1BR,1BA | $1.00 |
901 SE Oralabor Rd, Unit 21 | 901 SE Oralabor Rd | 2BR,1BA | $1.09 |
Village on State | 2BD LL | 2BR,1BA | $0.99 |
Campus View Student Housing | 2 Bed / 2 Bath | 2BR,2BA | $0.67 |
Quick 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.
Frequently Asked Questions about Ankeny
What type of rentals are currently available in Ankeny?
There are currently 197 Apartments for Rent in Ankeny, IA with pricing that ranges from $630 to $2,974. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ankeny ranging from $945 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 $945 to $3,300 with an average monthly rent of $1,733.
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 $2,974, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $630.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.