Cheap Homes for Rent in the Downtown Farmers Market Neighborhood of Des Moines, IA from $975 (5 Rentals)

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Search the lowest-cost Homes 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.

property at 1120 E 6th St
$1,125

Total Monthly Price

Base Rent$1,125

Total Monthly Price$1,125
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1120 E 6th St, Unit 8

1120 E 6th St
Des MoinesIA50316
  • Smoke Free
property at 112 11th St
$1,199

Total Monthly Price

Base Rent$1,199

Total Monthly Price$1,199
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

112 11th St, Unit #206

112 11th St
Des MoinesIA50309
  • Smoke Free

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.

property at 400 E Locust St
$1,250

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

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

Best Value Apartments for Rent in Downtown Farmers Market, IA

As of September 09, 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 $2,350 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 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$1.10
430 E Locust St, Unit 430 East Locust #4430 E Locust St1BR,1BA$1.17
Carbon 5502BR-C102BR,2BA$1.34
Union at Rivers Edge2 Bed 2 Bath2BR,2BA$1.30
Vine Street Lofts1 Bedroom1BR,1BA$1.18
Riverpoint LoftsA61BR,1BA$1.35
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.33
820 Lyon Street Apartments2BR/1.0BA2BR,1BA$1.18
Ballyard LoftsA2 - Homeplate Club1BR,1BA$1.35

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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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.

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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

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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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Frequently Asked Questions about Downtown Farmers Market

What type of rentals are currently available in Downtown Farmers Market?

There are currently 135 Apartments for Rent in Downtown Farmers Market, IA with pricing that ranges from $695 to $5,840. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Farmers Market ranging from $975 to $4,200.

What is the current price range for Rental Homes in Downtown Farmers Market?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Farmers Market ranges from $975 to $4,200 with an average monthly rent of $1,564.

How much are larger Three and Four Bedroom Rentals in Downtown Farmers Market?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Farmers Market range from $1,155 to $2,749, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,795. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,262.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.