
Cheap Homes for Rent in Carpenter Neighborhood of Des Moines, IA from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter area of Des Moines.


1314 22nd St

3903 University Ave

2537 Lynner Dr

1215 25th St

1312 22nd St

1809 Arlington Ave, Unit 10
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.

1809 Arlington Ave, Unit 3

2701 Ingersoll Ave

925-925 28th St, Unit 925

1914 10th St

901 41st St

1211 34th St

1547 13th St
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.
Carpenter, Des Moines, IA Local Guide

How much does it cost to rent a home in Carpenter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpenter 2 Bedroom Homes for Rent | $1,386 | $800 | $2,250 |
| Carpenter 3 Bedroom Homes for Rent | $1,601 | $1,185 | $2,494 |
| Carpenter 4 Bedroom Homes for Rent | $1,698 | $1,300 | $1,950 |
| Carpenter 5 Bedroom Homes for Rent | $2,147 | $1,995 | $2,300 |
| Carpenter 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 Mezzo on Walnut priced from $350. Highland Park Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $597. Here are the most affordable Carpenter apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mezzo on Walnut | Aria 3 | 1BR,1BA | $350 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $597 |
| Village Green | Studio | Studio,1BA | $600 |
| Plymouth Place Retirement Community 62+ | Studio - Retirement Community | Studio,1BA | $600 |
| Riverview Oaks Apartments | Studio | Studio,1BA | $625 |
Best Value Apartments for Rent in Carpenter, IA
As of April 16, 2026 the best value apartment in the Carpenter area is the $1.10 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,350. The second greatest value Carpenter apartment is the 2 BR/ 1 BA Model at 3612 Ingersoll Ave starting at $1,200 with a $0.75 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. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.10 |
| 3612 Ingersoll Ave | 2 BR/ 1 BA | 2BR,1BA | $0.75 |
| 3000 Grand Apartments | 3 Bed | 2 Bath | 3BR,2BA | $1.02 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 560 29th St | 560 29th St | 2BR,1BA | $0.98 |
| Northtown Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.99 |
| Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $0.93 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
| Clover Creek | 1/1 - Grand | 1BR,1BA | $1.09 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $1.09 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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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 #2
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Carpenter
What type of rentals are currently available in Carpenter?
There are currently 591 Apartments for Rent in Carpenter, IA with pricing that ranges from $380 to $17,609. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $750 to $4,200.
What is the current price range for Rental Homes in Carpenter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carpenter ranges from $750 to $4,200 with an average monthly rent of $2,022.
How much are larger Three and Four Bedroom Rentals in Carpenter?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Carpenter range from $1,100 to $4,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $2,494. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $965.
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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.