
Cheap Homes for Rent in School Street Commons Neighborhood of Ankeny, IA from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the School Street Commons area of Ankeny.


310 NW Chapel 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.

1115 W 1st St

702 NW Chapel Dr
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.
School Street Commons, Ankeny, IA Local Guide

How much does it cost to rent a home in School Street Commons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| School Street Commons 2 Bedroom Homes for Rent | $971 | $895 | $1,020 |
| School Street Commons 3 Bedroom Homes for Rent | $2,271 | $2,200 | $2,295 |
| School Street Commons 4 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the School Street Commons Neighborhood of Ankeny, IA.
Explore Ankeny
Best Value Apartments for Rent in School Street Commons, IA
As of April 30, 2026 the best value apartment in the School Street Commons area is the $0.94 price per square foot Elm St - Ranch Finished Basement Model at Elm St Villas in the in the Hayes Acres neighborhood starting from $2,600. The second greatest value School Street Commons apartment is the Forestwood Model at Redwood Ankeny starting at $1,999 with a $1.54 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. |
|---|---|---|---|
| Elm St Villas | Elm St - Ranch Finished Basement | 3BR,3BA | $0.94 |
| Redwood Ankeny | Forestwood | 2BR,2BA | $1.54 |
| Chalet at Prairie Trail Townhomes | Chalet - End Non-Patio | 2BR,2.5BA | $1.42 |
| Lake Shore Place | B1 | 2BR,1BA | $1.11 |
| Trilein Village Apartments | 2 BDRM | 2BR,1BA | $1.00 |
| 602 SE Grant St | 2 Bed 1 Bath | 2BR,1BA | $1.03 |
| Trailside Apartments | 2 Bedroom | 2BR,1BA | $1.42 |
| Lake Shore Park | A1 | 1BR,1BA | $1.32 |
| Timberland at Crestbruck | Studio | Studio ,1BA | $1.32 |
| 218 NW Chapel Dr, Unit Chapel | 218 NW Chapel Dr | 1BR,1BA | $1.49 |
Frequently Asked Questions about School Street Commons
What type of rentals are currently available in School Street Commons?
There are currently 49 Apartments for Rent in School Street Commons, IA with pricing that ranges from $795 to $2,600. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in School Street Commons ranging from $895 to $2,295.
What is the current price range for Rental Homes in School Street Commons?
Today's rental pricing for Homes for Rent, Condos and Townhomes in School Street Commons ranges from $895 to $2,295 with an average monthly rent of $1,583.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.