Cheap Apartments for Rent in the Allen Neighborhood of Des Moines, IA from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Allen area of Des Moines.

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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Park Ridge Apartments
Rent Specials
$825 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,200

Total Monthly Price
$825 - $1,200
1 to 3 Bedroom Apartments Available Now

Park Ridge Apartments

3200 Indianola AveDes Moines, IA 50315
Cost Per Sq.Ft.
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  • Utilities Included

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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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
Senior Living
  • Utilities Included
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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
  • Utilities Included

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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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

3722-3726 SE 14th StDes Moines, IA 50320
  • Utilities Included
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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
  • Utilities Included
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Melbourne IV 55+ Living
1 to 2 Bedroom Apartments

Melbourne IV 55+ Living

5514 SE 14th StDes Moines, IA 50320
Senior Living
  • Utilities Included
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
  • Utilities Included
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Shelly Rose Estates
1 Bedroom Apartments

Shelly Rose Estates

3721 Indianola AveDes Moines, IA 50320
Senior Living
  • Utilities Included
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

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.

Allen, Des Moines, IA Local Guide

Cheapest Available Allen Apartments for Rent

 

The cheapest available apartment rental in the Allen area of Des Moines, IA is a 1 Bed unit found at Park Forest priced from $705. Ivy II has the second lowest priced unit, which is a 2 Beds apartment currently listed from $747. Here are the most affordable Allen apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Park Forest1x1 6301BR,1BA$705
Ivy IIClassic 2 bed/1 bath2BR,1BA$747
Watrous ApartmentsA11BR,1BA$750
Sutton HillB12BR,1BA$804
Rosemont PlaceB42BR,1BA$831
Elmcrest1 Bedroom1BR,1BA$845
The Meadows2 Bedroom2BR,1BA$850
Park Ridge Apartments2 Bedroom2BR,1BA$865
Evergreen Terrace2BR/1BA2BR,1BA$870
Woodside Park Apartments2 Bed A2BR,1BA$875

Best Value Apartments for Rent in Allen, IA

As of June 20, 2026 the best value apartment in the Allen area is the $0.93 price per square foot Plan B - two story Model at Southern Meadows Homes in the in the Southwest Des Moines neighborhood starting from $1,275. The second greatest value Allen apartment is the 3 Bedroom Model at The Vineyards starting at $1,295 with a $1.06 price per square foot in the Southeast Des Moines neighborhood. Here is today’s list of the best values for Allen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southern Meadows HomesPlan B - two story3BR,2BA$0.93
The Vineyards3 Bedroom3BR,2BA$1.06
1201 E Bell Avenue3BR/2.0BA3BR,2BA$0.99
The Meadows3 Bedroom3BR,2BA$0.95
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Park Ridge Apartments2 Bedroom2BR,1BA$1.02
Woodside Park Apartments2 Bed A2BR,1BA$1.06
Ivy IIClassic 2 bed/1 bath2BR,1BA$1.00
Sutton HillB12BR,1BA$1.07

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
Allen, Des Moines, IA

Ranked #54

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States including Allen, Des Moines, and the greater Des Moines area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Allen Apartments

What is the price of a cheap apartment in Allen?

The cheapest apartment in Allen is Park Forest which is listed at $705, while the average apartment in Allen costs $1,285.

What types of apartments are the cheapest in Allen?

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 19 regular apartments in Allen 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 Allen?

Cheap apartments in Allen have an average cost of $292 which is $993 cheaper than the average rent for all rentals in Allen.

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.