Cheap Homes for Rent in the Downtown Des Moines Neighborhood of Des Moines, IA from $550 (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 732 19th St

$550

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314
property at 732 19th St

$550

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314
property at 732 19th St

$550

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 732 19th St

$595

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314
property at 112 11th St

$1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

1 Bedroom, 1 Bath Condo for Rent

Available Now

112 11th St, Unit #206

112 11th St
Des MoinesIA50309

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Downtown Des Moines, Des Moines, IA Local Guide

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 732 19th St priced from $550. The Concord Building has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here are the most affordable Downtown Des Moines apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
732 19th St1 Beds, 1 Baths1BR,1BA$550
The Concord BuildingStudioStudio,1BA$630
Arlington HallettStudio EastStudio,1BA$695

Best Value Apartments for Rent in Downtown Des Moines, IA

As of August 29, 2026 the best value apartment in the Downtown Des Moines area is the $1.27 price per square foot 6 Beds, 3.5 Baths Model at 669 17th St in the in the Southwest Des Moines neighborhood starting from $4,200. The second greatest value Downtown Des Moines apartment is the B2 Model at Matilda 235 Townhomes starting at $2,350 with a $1.10 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.
669 17th St6 Beds, 3.5 Baths6BR,3.5BA$1.27
Matilda 235 TownhomesB22BR,2.5BA$1.10
Gateway LoftsAnkeny1BR,1BA$1.27
Pleasant Street Apartments2 bed 1 bath2BR,1BA$1.13
The ElmhurstModel C1BR,1BA$0.96
Randolph ApartmentsThe Boone1BR,1BA$1.26
713 20th St, Unit 1915-3713 20th St2BR,1BA$1.03
Vine Street Lofts1 Bedroom1BR,1BA$1.14
High Street BrickstoneOne Bedroom1BR,1BA$1.26
722 18th St1x11BR,1BA$1.21

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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Pet Friendly Lifestyle
Downtown Des Moines, Des Moines, IA

Ranked #16

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Des Moines

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

There are currently 155 Apartments for Rent in Downtown Des Moines, IA with pricing that ranges from $630 to $5,937. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Des Moines ranging from $550 to $4,200.

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 $550 to $4,200 with an average monthly rent of $1,665.

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.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.