Cheap Homes for Rent in Downtown Des Moines Neighborhood of Des Moines, IA from $900 (8 Rentals)

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

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.

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.

Cheapest Available Downtown Des Moines Apartments for Rent

 

The cheapest available apartment rental in the Downtown Des Moines area of Des Moines, IA is a Studio unit found at East Village Square priced from $725. Pleasant Court has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Downtown Des Moines apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
East Village SquareStudio 390-392Studio,1BA$725
Pleasant CourtStudioStudio,1BA$725
Woodland Avenue Brickstone1x1 6301BR,1BA$730

Best Value Apartments for Rent in Downtown Des Moines, IA

As of July 23, 2025 the best value apartment in the Downtown Des Moines area is the $1.30 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,795. The second greatest value Downtown Des Moines apartment is the 3 Bedroom 2 Bathroom Model at AP Lofts starting at $1,835 with a $1.30 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Downtown Des Moines apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Matilda 235 TownhomesB22BR,2.5BA$1.30
AP Lofts3 Bedroom 2 Bathroom3BR,2BA$1.30
Gateway Lofts2BR/2.0BA2BR,2BA$1.27
The ElmhurstModel A2BR,2BA$1.00
Carbon 5502BR-C32BR,2BA$1.31
Arlington Hallett2 Bedroom2BR,1BA$1.15
10th Street Lofts1BR/1.0BA1BR,1BA$1.27
Vine Street Lofts1 Bedroom1BR,1BA$1.23
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.32
Woodland Avenue Brickstone1x1 6301BR,1BA$1.08

Frequently Asked Questions about Downtown Des Moines

What type of rentals are currently available in Downtown Des Moines?

There are currently 153 Apartments for Rent in Downtown Des Moines, IA with pricing that ranges from $565 to $3,875. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Des Moines ranging from $900 to $2,200.

What is the current price range for Rental Homes in Downtown Des Moines?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Des Moines ranges from $900 to $2,200 with an average monthly rent of $1,427.

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.

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A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

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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

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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.