Cheap Apartments for Rent in the Carpenter Neighborhood of Des Moines, IA from $500 (177 Rentals)

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

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Carpenter, Des Moines, IA Local Guide

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 Highland Park Apartments (DSM) priced from $547. Village Green has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Carpenter apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Highland Park Apartments (DSM)Standard 1 Bed1BR,1BA$547
Village GreenStudioStudio,1BA$600
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$625
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
The Flats on 21st1 Bedroom1BR,1BA$650
Concord ApartmentsStudio 5Studio,1BA$675
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Lenox PropertiesDrake1BR,1BA$695
2413 24th St2 Bedroom- 2411 24th2BR,1BA$695

Best Value Apartments for Rent in Carpenter, IA

As of June 16, 2025 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 2 Bedroom - Affordable Model at Vine Street Lofts starting at $957 with a $0.81 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
Vine Street Lofts2 Bedroom - Affordable2BR,2BA$0.81
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
1106 Clinton Ave, Unit 31106 Clinton Ave2BR,1BA$0.95
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.99
The Birch (Douglas Terrace)Classic 2-Bed2BR,1BA$0.94
1818 Pleasant St, Unit 18181818 Pleasant St2BR,1BA$1.03
Woodland Avenue Brickstone1x1 6301BR,1BA$1.08
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.07

Quick Rent Budget Calculator

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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
Carpenter, Des Moines, IA

Ranked #1

Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Getting Around the Carpenter Neighborhood in Des Moines, IA

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

41 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $695.

What is the price of a cheap apartment in Carpenter?

The cheapest apartment in Carpenter is Highland Park Apartments (DSM) which is listed at $547, while the average apartment in Carpenter costs $2,199.

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 $184 which is $2,015 cheaper than the average rent for all rentals in Carpenter.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.