Cheap Apartments for Rent in the East Village Neighborhood of Des Moines, IA from $500 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Village area of Des Moines.

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E300
Rent Specials
$945 - $1,500Studio to 2 Bedroom Apartments Available Now

E300

300 E Grand AveDes Moines, IA 50309
Transit Friendly
  • Verified
  • Utilities Included
  • Matterport 3D Tour

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East Village, Des Moines, IA Local Guide

Cheapest Available East Village Apartments for Rent

 

The cheapest available apartment rental in the East Village area of Des Moines, IA is a Studio unit found at Village Green priced from $600. Riverview Oaks Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable East Village apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Village GreenStudioStudio,1BA$600
Riverview Oaks ApartmentsStudioStudio,1BA$625
Concord ApartmentsStudio 4 (Income Restricted)Studio,1BA$630
Stockbridge Apartments1x1 670-7001BR,1BA$650
Maverick Apartments0/1Studio,1BA$695
The Flats on 21st1 Bedroom1BR,1BA$695
Pioneer EstatesB11BR,1BA$700
Civic Center Court ApartmentsStudio - Apply NowStudio,1BA$700
The ElliottStudioStudio,1BA$710
Sutton HillA11BR,1BA$722

Best Value Apartments for Rent in East Village, IA

As of September 28, 2025 the best value apartment in the East Village area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value East Village apartment is the CA-C7 Model at Court Ave Lofts starting at $1,147 with a $1.13 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for East Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
Court Ave LoftsCA-C72BR,1.5BA$1.13
Woodland Avenue Brickstone2x1 8502BR,1BA$1.19
1201 E Bell AvenueTwo Bedroom in Des Moines2BR,1BA$1.00
Wilkins BldgIncome Restricted1BR,1BA$1.18
Vine Street Lofts1 Bedroom1BR,1BA$1.15
Stockbridge Apartments1x1 670-7001BR,1BA$0.93
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.07
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12
The Flats on 21st1 Bedroom1BR,1BA$1.16

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
East Village, Des Moines, IA

Ranked #14

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 rentals in metropolitan areas across the United States, including Des Moines. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, multifamily communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the East Village Neighborhood in Des Moines, IA

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap East Village Apartments

What is a cheap apartment in East Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Village is under $722.

What is the price of a cheap apartment in East Village?

The cheapest apartment in East Village is Stockbridge Apartments which is listed at $650, while the average apartment in East Village costs $2,374.

What types of apartments are the cheapest in East Village?

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 61 regular apartments in East Village 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 East Village?

Cheap apartments in East Village have an average cost of $220 which is $2,154 cheaper than the average rent for all rentals in East Village.

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.

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

Written by: Trey Huguley

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.