Cheap Apartments for Rent in the Springwood Neighborhood of Ankeny, IA from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Springwood area of Ankeny.

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.

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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.

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property at 3130 SW Arlan Ln

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 2.5 Bath Townhome for Rent

Available May 30

3130 SW Arlan Ln

AnkenyIA50023
property at 3161 SW Sharmin Ln

$1,500

2 Bedroom, 2.5 Bath Townhome for Rent

Available Aug 1

3161 SW Sharmin Ln

AnkenyIA50023
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Autumn Ridge
2 to 3 Bedroom Apartments

Autumn Ridge

2050 Four Seasons DrAnkeny, IA 50021
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Belmont Point Apartments
2 Bedroom Apartments

Belmont Point Apartments

1102 SE Belmont DrAnkeny, IA 50021
Student Housing
  • Utilities Included
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Peach Tree
1 to 2 Bedroom Apartments

Peach Tree

2701 SE Peachtree DrAnkeny, IA 50021
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Oakwood Place
1 to 3 Bedroom Apartments

Oakwood Place

2810 SE Rio DrAnkeny, IA 50021

Cash 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.

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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.

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Showing Results 1-29, Page 1 of 1

Springwood, Ankeny, IA Local Guide

Cheapest Available Springwood Apartments for Rent

 

The cheapest available apartment rental in the Springwood area of Des Moines, IA is a 2 Beds unit found at 602 SE Grant St priced from $825. Oakwood Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $910. Here are the most affordable Springwood apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
602 SE Grant St2 Bed 1 Bath2BR,1BA$825
Oakwood PlaceIronwood 40%2BR,1BA$910
District Lofts ApartmentsDistrict Lofts 1 - 2nd and 3rd Floor Interior1BR,1BA$1,050
Sterling of Prairie TrailSardiniaStudio,1BA$1,059
The Standard at Prairie Trail2nd Floor (A1) ADA1BR,1BA$1,200
Skyline LoftsSL 2nd Floor 2-Bed, 2-Bath2BR,2BA$1,275
Pointe 28Betty2BR,2BA$1,320
Connect55+ Ankeny Senior Living 55+1 BR 1 BA1BR,1BA$1,355
Tradition Pointe2Bdrm - 1115 Building (A)2BR,2BA$1,367
Vintage Lofts - AnkenyVintage Lofts - 2nd Floor Corner1BR,1BA$1,400

Best Value Apartments for Rent in Springwood, IA

As of May 07, 2026 the best value apartment in the Springwood 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 Springwood apartment is the Four Grand Brownstones - End Model at Four Grand Brownstones starting at $2,200 with a $1.22 price per square foot in the Hayes Acres neighborhood. Here is today’s list of the best values for Springwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie TrailsFour bed4BR,3BA$0.77
Four Grand BrownstonesFour Grand Brownstones - End3BR,2.5BA$1.22
Redwood AnkenyLedgewood2BR,2BA$1.54
Oakwood PlaceOak MKT3BR,2BA$1.38
Chalet at Prairie Trail TownhomesChalet - End Non-Patio2BR,2.5BA$1.38
Tradition Pointe2Bdrm - 1115 Building (A)2BR,2BA$1.22
Pointe 28Betty Signature2BR,2BA$1.51
Skyline LoftsSL 2nd Floor 2-Bed, 2-Bath2BR,2BA$1.29
Sterling at Prairie Trail NorthLily Townhome1BR,1BA$1.66
602 SE Grant St2 Bed 1 Bath2BR,1BA$1.03

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Springwood, Ankeny, IA

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Springwood, Ankeny, IA

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Ankeny. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Springwood Apartments

What is the Cheapest Studio apartment in Springwood?

Currently the most affordable Cheap Studio Apartment in Springwood is at Sterling of Prairie Trail listed at $1,059.

How much is rent for a Cheap One Bedroom Springwood Apartment?

The lowest price for a Cheap One Bedroom Springwood Apartment is $1,050 at District Lofts Apartments.

What is the lowest price for a Cheap Two Bedroom Springwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Springwood is starting from $825 at 602 SE Grant St.

What is the most affordable Springwood Three Bedroom Apartment?

The best deal on a cheap Springwood Three Bedroom Apartment rental is at Tradition Pointe and starts from $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

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.