Cheap Apartments for Rent in the Downtown Farmers Market Neighborhood of Des Moines, IA from $500 (53 Rentals)

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

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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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Maxwell
Rent Specials
$900 - $1,650Studio to 2 Bedroom Apartments Contact Us For Availability

Maxwell

915 Mulberry StDes Moines, IA 50309
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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Harrington Studios
Studio Apartments

Harrington Studios

677 16th StDes Moines, IA 50314
  • Utilities Included
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The Brady Apartments
Studio to 1 Bedroom Apartments

The Brady Apartments

650 16th StDes Moines, IA 50314
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Downtown Farmers Market, Des Moines, IA Local Guide

Cheapest Available Downtown Farmers Market Apartments for Rent

 

The cheapest available apartment rental in the Downtown Farmers Market area of Des Moines, IA is a Studio unit found at Arlington Hallett priced from $680. The Brady Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Downtown Farmers Market apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Arlington HallettStudio WestStudio,1BA$680
The Brady Apartments0BR/1.0BAStudio,1BA$695
The ElliottStudioStudio,1BA$710
Pleasant CourtStudioStudio,1BA$725
The Des Moines BuildingStudioStudio,1BA$735
Eagle View LoftsA2 - Income Restricted1BR,1BA$741
City Square LoftsS1Studio,1BA$755
Woodland Avenue Brickstone1x1 6301BR,1BA$775
418 East GrandStudio - The FlowStudio,1BA$790
Randolph ApartmentsThe PolkStudio,1BA$825

Best Value Apartments for Rent in Downtown Farmers Market, IA

As of February 05, 2026 the best value apartment in the Downtown Farmers Market 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 Farmers Market apartment is the #1 - 2 Bedroom Model at The Fleming Building starting at $1,495 with a $1.35 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Downtown Farmers Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Matilda 235 TownhomesB22BR,2.5BA$1.30
The Fleming Building#1 - 2 Bedroom2BR,1BA$1.35
Woodland Avenue Brickstone2x1 8502BR,1BA$1.19
Court Ave LoftsCA-C22BR,2BA$1.26
Vine Street Lofts1 Bedroom1BR,1BA$1.17
1120 E 6th St apt 3, Unit 31120 E 6th St apt 32BR,1BA$1.25
Madison Flats1 Bedroom 1 Bathroom1BR,1BA$1.15
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.32
10th Street Lofts0BR/1.0BAStudio ,1BA$1.24
East Village Square1x1-6761BR,1BA$1.26

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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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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Quick 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.

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Pet Friendly Lifestyle
Downtown Farmers Market, Des Moines, IA

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Iowa and customized analysis for Central Des Moines. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Farmers Market Apartments

What is a cheap apartment in Downtown Farmers Market?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Farmers Market is under $825.

What is the price of a cheap apartment in Downtown Farmers Market?

The cheapest apartment in Downtown Farmers Market is Eagle View Lofts which is listed at $741, while the average apartment in Downtown Farmers Market costs $11,148.

What types of apartments are the cheapest in Downtown Farmers Market?

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 75 regular apartments in Downtown Farmers Market 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 Downtown Farmers Market?

Cheap apartments in Downtown Farmers Market have an average cost of $266 which is $10,882 cheaper than the average rent for all rentals in Downtown Farmers Market.

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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.