
Cheap Apartments for Rent in the Carpenter Neighborhood of Des Moines, IA from $480 (226 Rentals)
Search the lowest-cost Apartments available for rent right now in the Carpenter area of Des Moines.


2701 Ingersoll Ave

732 19th St

732 19th St

732 19th St

1501 University Ave

Lenox Properties

Village Green

The 2800 Residences

The Concord Building
Des Moines's Best Affordable Neighborhoods
Learn about Des Moines and the best places to live with original content written by our Local Expert Joseph Isenberg

The Acacia

1333 22nd St

Forest Avenue Village

Arlington Hallett

Canary Lofts

Northtown Apartments

1123 24th St

3607 Ingersoll Ave

3607 Ingersoll Ave

1314 22nd St
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3607 Ingersoll Ave

3607 Ingersoll Ave

3607 Ingersoll Ave

2820 Cottage Grove Ave

The Drake

Imperial Grand Prix

Lofts on 34th

1108 25th St

Beaverdale Housing LLC

The Elliott
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1314 22nd St

East Village Square

Pleasant Court

MLK Brickstone Apartments

Grand Colony

3607 Ingersoll Ave

3607 Ingersoll Ave

3607 Ingersoll Ave

Welbeck Apartments

Riverview Oaks Apartments
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Hampton House Apartments

Old Main & Drake Apartments

Civic Center Court Apartments

Argonne Apartments

Inglewood Apartments

Cornerstone Apartments

1118 26th St

The Fleming Building

Village on Grand

Stockbridge Apartments
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Carpenter, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Carpenter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpenter Studio Apartments | $967 | $480 | $1,912 |
| Carpenter 1 Bedroom Apartments | $1,268 | $480 | $5,840 |
| Carpenter 2 Bedroom Apartments | $1,585 | $745 | $3,705 |
| Carpenter 3 Bedroom Apartments | $1,885 | $1,100 | $2,749 |
| Carpenter 4 Bedroom Apartments | $1,207 | $965 | $1,340 |
Browse Apartments in this Neighborhood
There are currently 226 rentals with your search options within a 2 mile radius of the Carpenter Neighborhood of Des Moines, IA.
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Carpenter, Des Moines, IA Local Guide
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Cheapest Available Carpenter Apartments for Rent
 The cheapest available apartment rental in the Carpenter area of Des Moines, IA is a 1 Bed unit found at Cottage Heights on 29th priced from $545. 732 19th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Carpenter apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottage Heights on 29th | 1 Bedroom | 1BR,1BA | $545 |
| 732 19th St | 1 Beds, 1 Baths | 1BR,1BA | $550 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $597 |
| Drake West Village | 4 Bed - 2 Bath | 4BR,2BA | $599 |
| The Gables | 0BR/1.0BA | Studio,1BA | $600 |
| 3309 University Ave | 0BR/1.0BA | Studio,1BA | $600 |
| The Concord Building | Studio | Studio,1BA | $630 |
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Forest Avenue Village | Studio | Studio,1BA | $690 |
| 1333 22nd St | 1-bedroom 1333 | 1BR,1BA | $690 |
Best Value Apartments for Rent in Carpenter, IA
As of September 11, 2026 the best value apartment in the Carpenter area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Carpenter apartment is the 3 Beds, 1 Baths Model at 4216 Ingersoll Ave starting at $1,235 with a $1.03 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Carpenter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 4216 Ingersoll Ave | 3 Beds, 1 Baths | 3BR,1BA | $1.03 |
| The Des Moines Building | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $0.89 |
| University Place Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
| Clover Creek | 2/1.5 - Grand Big Buildings | 2BR,1.5BA | $0.97 |
| 713 20th St, Unit 1915-3 | 713 20th St | 2BR,1BA | $1.01 |
| 1118 26th Street | 1BR/1.0BA | 1BR,1BA | $1.06 |
| 2820-2822 Kingman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $0.99 |
| Cottage Heights on 29th | 1 Bedroom | 1BR,1BA | $0.96 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $1.09 |
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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 LifestyleCarpenter, Des Moines, IA
Ranked #1
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Iowa including Carpenter, Des Moines, and the greater Des Moines area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Carpenter Apartments
What is a cheap apartment in Carpenter?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Carpenter is under $690.
What is the price of a cheap apartment in Carpenter?
The cheapest apartment in Carpenter is Cottage Heights on 29th which is listed at $545, while the average apartment in Carpenter costs $1,279.
What types of apartments are the cheapest in Carpenter?
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 56 regular apartments in Carpenter 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 Carpenter?
Cheap apartments in Carpenter have an average cost of $356 which is $923 cheaper than the average rent for all rentals in Carpenter.
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
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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.