Cheap Homes for Rent in Downtown Des Moines Neighborhood of Des Moines, IA from $800 (6 Rentals)

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

property at 702 20th St

702 20th St

Des MoinesIA50314

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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 1 Bed unit found at Stockbridge Apartments priced from $650. Argonne Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Downtown Des Moines apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Stockbridge Apartments1x1 670-7001BR,1BA$650
Argonne ApartmentsStudio BStudio,1BA$695
Pleasant CourtStudioStudio,1BA$725

Best Value Apartments for Rent in Downtown Des Moines, IA

As of November 02, 2025 the best value apartment in the Downtown Des Moines area is the $1.20 price per square foot C1 Model at 5Fifty5 in the in the Southwest Des Moines neighborhood starting from $1,910. The second greatest value Downtown Des Moines apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown 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.
5Fifty5C13BR,2.5BA$1.20
The ElmhurstModel A2BR,2BA$1.00
Gateway Lofts1BR/1.0BA1BR,1BA$1.19
Wilkins BldgIncome Restricted2BR,1BA$1.06
Court Ave LoftsCA-C72BR,1.5BA$1.13
Woodland Avenue Brickstone2x1 8502BR,1BA$1.19
713 20th St, Unit 1915-2713 20th St2BR,1BA$1.00
Vine Street Lofts1 Bedroom1BR,1BA$1.21
Stockbridge Apartments1x1 670-7001BR,1BA$0.93
722 18th St1x11BR,1BA$1.21

Frequently Asked Questions about Downtown Des Moines

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

There are currently 156 Apartments for Rent in Downtown Des Moines, IA with pricing that ranges from $650 to $13,287. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Des Moines ranging from $895 to $3,095.

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 $895 to $3,095 with an average monthly rent of $1,561.

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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How to Negotiate Your Apartment Lease and Save Money

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The Rental Move-In Inspection Checklist: A Guide for Renters

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.