Cheap Apartments for Rent in the Downtown Farmers Market Neighborhood of Des Moines, IA from $535 (66 Rentals)

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

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 1120 E 6th St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

1120 E 6th St, Unit 8

1120 E 6th St
Des MoinesIA50316

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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Tempo East Village
$1,155 - $4,055
Total Monthly Price

Total Monthly Price

Base Rent
$1,155 - $4,055
Total Monthly Price
$1,155 - $4,055
Studio to 2 Bedroom Apartments Available Sep 1

Tempo East Village

317 E 6th StDes Moines, IA 50309
Corporate Housing
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  • Utilities Included
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
property at 400 E Locust St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

400 E Locust St

Des MoinesIA50309

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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Showing Results 1-50, Page 1 of 2

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 $695. The Elliott has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Downtown Farmers Market apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Arlington HallettStudio EastStudio,1BA$695
The ElliottStudioStudio,1BA$710
East Village SquareSayers - AffordableStudio,1BA$725
Pleasant CourtStudioStudio,1BA$725
The ParkerAnna1BR,1BA$835
The Brady Apartments0BR/1.0BAStudio,1BA$850
Eagle View Lofts/TownhomesA1 - Income Restricted1BR,1BA$856
Jackson CrossingStudioStudio,1BA$918
E300StudioStudio,1BA$925
Ballyard LoftsA5 - Clubhouse1BR,1BA$933

Best Value Apartments for Rent in Downtown Farmers Market, IA

As of August 24, 2026 the best value apartment in the Downtown Farmers Market 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 Farmers Market apartment is the B2 Model at Matilda 235 Townhomes starting at $2,450 with a $1.14 price per square foot in the Downtown 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.
669 17th St6 Beds, 3.5 Baths6BR,3.5BA$1.27
Matilda 235 TownhomesB22BR,2.5BA$1.14
Wilkins BldgMarket Rate2BR,1BA$1.29
Court Ave LoftsCA-C4 Income Restricted2BR,2BA$1.30
Union at Rivers Edge2 Bed 2 Bath2BR,2BA$1.30
Randolph ApartmentsThe Boone1BR,1BA$1.28
Vine Street Lofts1 Bedroom1BR,1BA$1.13
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.33
The Des Moines Building1 Bedroom 1 Bathroom Apartment1BR,1BA$1.36
Ballyard LoftsA5 - Clubhouse1BR,1BA$1.33

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

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 #17

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 $933.

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

The cheapest apartment in Downtown Farmers Market is Pleasant Court which is listed at $799, while the average apartment in Downtown Farmers Market costs $1,365.

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 44 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 $133 which is $1,232 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

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.

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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.

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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.