
Cheap Apartments for Rent in the Terrell Manor Neighborhood of Ankeny, IA from $530 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrell Manor area of Ankeny.


2003-2005 W 1st St

Brick Towne at Signature Village

Brick Towne at Piper

Lake Shore Park

214 NW Chapel Dr, Unit 1

Total Monthly Price
206 SW State St, Unit 5

2006 NW Hickory Ln

Applewood Properties
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.

Ashbrooke

602 SE Grant St

Timberland at Crestbruck

Lake Shore Apartments

Fieldstream Apartment Homes

405 SW Elm St

Lake Shore Place

Pine Meadows

District Lofts Apartments
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.

401 SW Elm St, Unit 205

Roseann Lofts

Uptown Lofts

Woodland Reserve Apartments

Total Monthly Price
Vintage Lofts - Ankeny

The Standard at 36th Street

District Flats

Spectrum Heights NEW!

The Standard at Prairie Trail
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.

Northgate Apartments

Delaware Crossing Apartments & Townhomes

Prairie Lakes

Avondale Trace Condos

Ledgestone Townhomes

State Street Lofts

Windsor Village Condos

Trestle Corner Townhomes

Northpointe Townhomes
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.

Chalet at Prairie Trail Townhomes

166 NE 23rd Ln

Aspen Ridge Townhomes

Fletcher Estates

Parkview Terrace Apartments

Walnut Ridge

Trailside Apartments

SELLING ON 9/4/2026 Maple Apartments

1207 NE 5th Ln
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.

1211 NE Windsor Dr

1108 NE 7th Ln

1110 NE 6th Ln

NW Ash Dr.
Terrell Manor, Ankeny, IA Local Guide

How much does it cost to rent an apartment in Terrell Manor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrell Manor Studio Apartments | $899 | $770 | $1,028 |
| Terrell Manor 1 Bedroom Apartments | $1,200 | $800 | $2,141 |
| Terrell Manor 2 Bedroom Apartments | $1,427 | $839 | $2,787 |
| Terrell Manor 3 Bedroom Apartments | $1,790 | $655 | $3,585 |
| Terrell Manor 4 Bedroom Apartments | $1,250 | $530 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 1 mile radius of the Terrell Manor Neighborhood of Ankeny, IA.
See all Apartments in AnkenyExplore Ankeny
Terrell Manor, Ankeny, IA Local Guide
- Nearby Ankeny neighborhoods
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Cheapest Available Terrell Manor Apartments for Rent
 The cheapest available apartment rental in the Terrell Manor area of Des Moines, IA is a Studio unit found at Trilein Village priced from $770. Brick Towne at Signature Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Terrell Manor apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trilein Village | Sterling Signature | Studio,1BA | $770 |
| Brick Towne at Signature Village | 1 Bedroom | 1BR,1BA | $800 |
| 2003-2005 W 1st St | 1B1B | 1BR,1BA | $800 |
| Brick Towne at Piper | 1x1 | 1BR,1BA | $800 |
| Lake Shore Park | B3 | 2BR,1BA | $839 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $875 |
| Ashbrooke | Bayou | 1BR,1BA | $890 |
| 602 SE Grant St | 2 Bed 1 Bath | 2BR,1BA | $895 |
| Lake Shore Apartments | A1 - Red Rock | 1BR,1BA | $951 |
| Fieldstream Apartment Homes | One Bedroom | 1BR,1BA | $965 |
Best Value Apartments for Rent in Terrell Manor, IA
As of September 08, 2026 the best value apartment in the Terrell Manor area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Georgetown neighborhood starting from $2,300. The second greatest value Terrell Manor apartment is the Centennial Pointe West Model at Centennial Pointe West starting at $2,400 with a $1.00 price per square foot in the Georgetown neighborhood. Here is today’s list of the best values for Terrell Manor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie Trails | Four bed | 4BR,3BA | $0.77 |
| Centennial Pointe West | Centennial Pointe West | 3BR,3BA | $1.00 |
| Prairie Trails | Cascade Falls - Ranch | 3BR,3BA | $1.05 |
| Prairie Pointe Student Living | 3 Bdrm Townhome | 3BR,3BA | $0.50 |
| Northgate Apartments | 3 bedroom 2 bath | 3BR,2BA | $1.10 |
| Lake Shore Park | B7 | 2BR,1BA | $1.17 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $0.87 |
| Lake Shore Place | B1 | 2BR,1BA | $1.14 |
| Timberland at Crestbruck | Two Bedroom A | 2BR,1BA | $1.17 |
| 602 SE Grant St | 2 Bed 1 Bath | 2BR,1BA | $1.13 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleTerrell Manor, Ankeny, IA
Ranked #3
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Terrell Manor Apartments
What is the price of a cheap apartment in Terrell Manor?
The cheapest apartment in Terrell Manor is Brick Towne at Signature Village which is listed at $800, while the average apartment in Terrell Manor costs $1,275.
What types of apartments are the cheapest in Terrell Manor?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Terrell Manor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Terrell Manor?
Cheap apartments in Terrell Manor have an average cost of $921 which is $354 cheaper than the average rent for all rentals in Terrell Manor.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.