Cheap Apartments for Rent in the Fairmont Park Neighborhood of Des Moines, IA from $500 (18 Rentals)

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

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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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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Eastview Manor
1 to 2 Bedroom Apartments

Eastview Manor

3700 E 31st StDes Moines, IA 50317
Senior Living
  • Utilities Included
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Woodland Meadows
1 to 2 Bedroom Apartments

Woodland Meadows

3315 E 15th StDes Moines, IA 50316
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Eastview
2 Bedroom Apartments

Eastview

3945 E 23rd StDes Moines, IA 50317
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Legacy Park Apartments
Studio to 3 Bedroom Apartments

Legacy Park Apartments

1352 12th StDes Moines, IA 50314
  • Utilities Included

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Fairmont Park, Des Moines, IA Local Guide

Cheapest Available Fairmont Park Apartments for Rent

 

The cheapest available apartment rental in the Fairmont Park area of Des Moines, IA is a 1 Bed unit found at Highland Park Apartments priced from $597. Parkside East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Fairmont Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Highland Park ApartmentsStandard 1 Bed1BR,1BA$597
Parkside East1 Bedroom1BR,1BA$800
Grand Homes (55+ Community)One Bedroom1BR,1BA$800
Prairie Woods ApartmentsOne Bedroom1BR,1BA$855
3274 E Euclid Ave2 bed 1 bath2BR,1BA$925

Best Value Apartments for Rent in Fairmont Park, IA

As of May 08, 2026 the best value apartment in the Fairmont Park area is the $1.00 price per square foot One Bedroom Model at Grand Homes (55+ Community) in the in the Castalia Plaza neighborhood starting from $800. The second greatest value Fairmont Park apartment is the 2 bed 1 bath Model at 3274 E Euclid Ave starting at $925 with a $1.23 price per square foot in the Castalia Plaza neighborhood. Here is today’s list of the best values for Fairmont Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Homes (55+ Community)One Bedroom1BR,1BA$1.00
3274 E Euclid Ave2 bed 1 bath2BR,1BA$1.23
Hilltop Apartments1x11BR,1BA$1.36
Parkside East1 Bedroom1BR,1BA$1.23
Prairie Woods ApartmentsOne Bedroom1BR,1BA$1.37
Tempo East VillageHudson (Studio Type 2)Studio ,1BA$2.25
Highland Park ApartmentsStandard 1 Bed1BR,1BA$1.09

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
Fairmont Park, Des Moines, IA

Ranked #77

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Fairmont Park Apartments

What is a cheap apartment in Fairmont Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairmont Park is under $1,105.

What is the price of a cheap apartment in Fairmont Park?

The cheapest apartment in Fairmont Park is Highland Park Apartments which is listed at $597, while the average apartment in Fairmont Park costs $1,280.

What types of apartments are the cheapest in Fairmont Park?

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 12 regular apartments in Fairmont Park 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 Fairmont Park?

Cheap apartments in Fairmont Park have an average cost of $273 which is $1,007 cheaper than the average rent for all rentals in Fairmont Park.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.