
Cheap Apartments for Rent in the School Street Commons Neighborhood of Ankeny, IA from $645 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the School Street Commons area of Ankeny.


Lake Shore Park

602 SE Grant St

214 NW Chapel Dr, Unit 1

Timberland at Crestbruck

Lake Shore Place

401 SW Elm St
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.

Lake Shore Apartments

310 NW Chapel Dr

401 SW Elm St

405 SW Elm St

Uptown Lofts

Prairie Lakes

401 SE Lowell Dr
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.

Chalet at Prairie Trail Townhomes

Redwood Ankeny

PineTree Apartments

Fletcher Estates

Belmont Point Apartments

Parkview Terrace Apartments

Walnut Ridge
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.

Trailside Apartments

310 NW Chapel Dr

Belmont Park Apartments

1206 SW Franklin Dr

1115 SW 11th St

NW Ash Dr.

1318 SW Lynn Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
School Street Commons, Ankeny, IA Local Guide

How much does it cost to rent an apartment in School Street Commons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| School Street Commons Studio Apartments | $916 | $770 | $1,028 |
| School Street Commons 1 Bedroom Apartments | $984 | $810 | $1,125 |
| School Street Commons 2 Bedroom Apartments | $1,211 | $840 | $2,764 |
| School Street Commons 3 Bedroom Apartments | $1,754 | $1,412 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the School Street Commons Neighborhood of Ankeny, IA.
See all Apartments in AnkenyExplore Ankeny
Cheapest Available School Street Commons Apartments for Rent
 The cheapest available apartment rental in the School Street Commons area of Des Moines, IA is a Studio unit found at Trilein Village priced from $770. 602 SE Grant St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here are the most affordable School Street Commons apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trilein Village | Sterling Signature | Studio,1BA | $770 |
| 602 SE Grant St | 2 Bed 1 Bath | 2BR,1BA | $825 |
| Lake Shore Park | B3 | 2BR,1BA | $840 |
| Lake Shore Place | B1 | 2BR,1BA | $936 |
| Lake Shore Apartments | A1 - Red Rock | 1BR,1BA | $951 |
| Timberland at Crestbruck | One Bedroom B | 1BR,1BA | $970 |
| Prairie Lakes | Two Bedroom | 2BR,2BA | $1,272 |
| Chalet at Prairie Trail Townhomes | Chalet - Interior Non-Patio | 2BR,2BA | $1,650 |
| Redwood Ankeny | Haydenwood | 2BR,2BA | $1,907 |
Best Value Apartments for Rent in School Street Commons, IA
As of August 29, 2026 the best value apartment in the School Street Commons area is the $1.42 price per square foot Haydenwood Model at Redwood Ankeny in the in the Hayes Acres neighborhood starting from $1,907. The second greatest value School Street Commons apartment is the Chalet - Interior Patio Model at Chalet at Prairie Trail Townhomes starting at $1,750 with a $1.46 price per square foot in the Hayes Acres neighborhood. Here is today’s list of the best values for School Street Commons apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Ankeny | Haydenwood | 2BR,2BA | $1.42 |
| Chalet at Prairie Trail Townhomes | Chalet - Interior Patio | 2BR,2.5BA | $1.46 |
| Lake Shore Park | B7 | 2BR,1BA | $1.17 |
| Prairie Lakes | Two Bedroom | 2BR,2BA | $1.29 |
| Lake Shore Place | B1 | 2BR,1BA | $1.07 |
| Timberland at Crestbruck | Two Bedroom A | 2BR,1BA | $1.17 |
| Lake Shore Apartments | S1 - Sun Valley | Studio ,1BA | $1.70 |
Frequently Asked Questions about Cheap School Street Commons Apartments
How much is rent for a Cheap One Bedroom School Street Commons Apartment?
The lowest price for a Cheap One Bedroom School Street Commons Apartment is $955 at Lake Shore Apartments.
What is the lowest price for a Cheap Two Bedroom School Street Commons Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in School Street Commons is starting from $825 at 602 SE Grant St.
What is the most affordable School Street Commons Three Bedroom Apartment?
The best deal on a cheap School Street Commons Three Bedroom Apartment rental is at Prairie Lakes and starts from $1,461.
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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.