
Cheap Homes for Rent in Carpenter Neighborhood of Des Moines, IA from $600 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter area of Des Moines.


3419 1st St

3721 Cottage Grove Ave

1108 25th St

1314 22nd St

732 19th St

3903 University Ave
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.

1303 College Ave

1215 25th St

1312 22nd St

1809 Arlington Ave, Unit 10

1809 Arlington Ave, Unit 3

2701 Ingersoll Ave

2300 Beaver Ave
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.

2905 High St

3840 15th St

713 20th St

2701 Ingersoll Ave

1718 22nd St

901 41st St

1914 10th St
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.

1171 21st St

1123 24th St

2616 Bowdoin St

1215 Clark St

3724 University Ave

1215 25th St, Unit 1

1144 Polk Blvd
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.

350 E Locust St

1829 48th St
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 | $1,356 | $825 | $2,250 |
| Carpenter 3 Bedroom Homes for Rent | $1,446 | $1,185 | $1,800 |
| Carpenter 4 Bedroom Homes for Rent | $1,835 | $1,300 | $2,395 |
| Carpenter 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 30 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 Studio unit found at Lenox Properties priced from $595. 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 |
|---|---|---|---|
| Lenox Properties | Greenwood A | Studio,1BA | $595 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $597 |
| Village Green | Studio | Studio,1BA | $600 |
| The Concord Building | Studio | Studio,1BA | $630 |
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Douglas Oaks | 0BR/1.0BA | Studio,1BA | $650 |
| The 2800 Residences | 2nd Floor - 1 Bed | 1BR,1BA | $675 |
| The Grove at Hickman | 1x1 | 1BR,1BA | $695 |
| The Des Moines Building | Studio | Studio,1BA | $695 |
Best Value Apartments for Rent in Carpenter, IA
As of May 31, 2026 the best value apartment in the Carpenter area is the $1.14 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,450. The second greatest value Carpenter apartment is the 3 Bed | 2 Bath Model at 3000 Grand Apartments starting at $1,405 with a $1.02 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 | $1.14 |
| 3000 Grand Apartments | 3 Bed | 2 Bath | 3BR,2BA | $1.02 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| Alta Casa | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| MLK Brickstone Apartments | Two Bedroom | 2BR,2BA | $0.95 |
| Northtown Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.92 |
| Discover Modern Comfort at Welbeck Apartments ~ Rent Special | Upgraded 2 BR/1Ba | 2BR,1BA | $1.13 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.15 |
| Douglas Oaks | 0BR/1.0BA | Studio ,1BA | $1.18 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $1.09 |
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 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
Frequently Asked Questions about Carpenter
What type of rentals are currently available in Carpenter?
There are currently 590 Apartments for Rent in Carpenter, IA with pricing that ranges from $480 to $4,055. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $625 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 $625 to $4,200 with an average monthly rent of $1,745.
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 $2,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $1,800. 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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.