Cheap Apartments for Rent in the Cheatom Park Neighborhood of Des Moines, IA from $400 (160 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cheatom Park 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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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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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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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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Cheatom Park, Des Moines, IA Local Guide

Cheapest Available Cheatom Park Apartments for Rent

 

The cheapest available apartment rental in the Cheatom Park area of Des Moines, IA is a 1 Bed unit found at The Townhall Food Hall and Apartments priced from $480. The Flats on 21st has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here are the most affordable Cheatom Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
The Townhall Food Hall and Apartments1 BR1BR,1BA$480
The Flats on 21stStudioStudio,1BA$495
Clover Creek1/1 - Classic1BR,1BA$597
Village GreenStudioStudio,1BA$600
The Concord BuildingStudioStudio,1BA$630
The AcaciaStudio - ClassicStudio,1BA$647
2413 24th St2 Bedroom- 2411 24th2BR,1BA$675
The 2800 Residences2nd Floor - 1 Bed1BR,1BA$675
The Des Moines BuildingStudioStudio,1BA$695
Pioneer EstatesB11BR,1BA$699

Best Value Apartments for Rent in Cheatom Park, IA

As of May 19, 2026 the best value apartment in the Cheatom Park 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 Cheatom Park 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 Cheatom Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Matilda 235 TownhomesB22BR,2.5BA$1.10
3000 Grand Apartments3 Bed | 2 Bath3BR,2BA$1.02
The ElmhurstModel A2BR,2BA$1.00
Historic Wellsport Portwell Flats2 BR, 2 BA2BR,2BA$1.12
MLK Brickstone ApartmentsTwo Bedroom2BR,2BA$0.95
933 18th StThe Olive1BR,1BA$1.06
Discover Modern Comfort at Welbeck Apartments ~ Rent SpecialUpgraded 2 BR/1Ba2BR,1BA$1.13
The Townhall Food Hall and Apartments1 BR1BR,1BA$0.76
2413 24th St2 Bedroom- 2411 24th2BR,1BA$1.13
The Flats on 21st1 Bedroom1BR,1BA$1.04

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

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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Des Moines, Iowa. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Cheatom Park Apartments

What is a cheap apartment in Cheatom Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cheatom Park is under $699.

What is the price of a cheap apartment in Cheatom Park?

The cheapest apartment in Cheatom Park is The Townhall Food Hall and Apartments which is listed at $480, while the average apartment in Cheatom Park costs $1,803.

What types of apartments are the cheapest in Cheatom Park?

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 71 regular apartments in Cheatom Park 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 Cheatom Park?

Cheap apartments in Cheatom Park have an average cost of $246 which is $1,557 cheaper than the average rent for all rentals in Cheatom Park.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.