
Cheap Apartments for Rent in the Fort Des Moines Neighborhood of Des Moines, IA from $500 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fort Des Moines area of Des Moines.


1210 West St

The Pointe on Fleur Apartments

Park Forest

Sutton Hill

The Ridges

Ivy II

Watrous Apartments

The Hampton Meadows

Evergreen Terrace
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.

Melbourne

Wakonda Village Apartments and Manor

Total Monthly Price
Park Ridge Apartments

Willow Bend

Elmcrest

Magnolia Park

The Jefferson

Goldbriar Chateau

Southbrook Green

The Oaks
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.

Magnolia Manor Apartments and Townhomes

Sunburst

Somerset

Finn Apartments

The Village at Grays Lake

3315 SE 4th St

2900 SE 10th St

315 E Rose Ave

3433 SE 20th St

Park Indy Rowhomes!
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.

4800 SW 3rd St

332 McKinley Ave

Lyn Crossing

2825 SE 14th St

Meredith Homes

Libertad Des Moines

Cedar Crest Apartments

South View Apartments

The Quarters on 9th

920 Meadow Ln
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.

Southern Park Apartments

Casady Apartments

Community Homes

1201 E Bell Avenue

Bell Terrace Apartments

Melbourne IV 55+ Living

6920 SW 9th St

McKinley Apartments

Southridge Senior Lofts

Christ the King II
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.
Fort Des Moines, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Fort Des Moines?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fort Des Moines 1 Bedroom Apartments | $841 | $650 | $1,125 |
| Fort Des Moines 2 Bedroom Apartments | $957 | $747 | $1,425 |
| Fort Des Moines 3 Bedroom Apartments | $1,245 | $950 | $1,610 |
Browse Apartments in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the Fort Des Moines Neighborhood of Des Moines, IA.
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Fort Des Moines, Des Moines, IA Local Guide
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Cheapest Available Fort Des Moines Apartments for Rent
 The cheapest available apartment rental in the Fort Des Moines area of Des Moines, IA is a 1 Bed unit found at Valley Acres Apartments priced from $650. The Pointe on Fleur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Fort Des Moines apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| The Pointe on Fleur Apartments | One Month Free Rent Call Today! | 1BR,1BA | $675 |
| Park Forest | 1x1 630 | 1BR,1BA | $705 |
| 1201 E Bell Avenue | 1BR/1.0BA | 1BR,1BA | $725 |
| Sutton Hill | A1 | 1BR,1BA | $730 |
| The Ridges | 1 Bedroom | 1BR,1BA | $740 |
| Ivy II | Classic 2 bed/1 bath | 2BR,1BA | $747 |
| The Hampton Meadows | 1 Bedroom | 1BR,1BA | $750 |
| Melbourne | B2 - 40 - Income Restricted | 2BR,2BA | $813 |
| Wakonda Village Apartments and Manor | A2wv_MANOR | 1BR,1BA | $820 |
Best Value Apartments for Rent in Fort Des Moines, IA
As of August 07, 2026 the best value apartment in the Fort Des Moines area is the $0.93 price per square foot Plan B - two story Model at Southern Meadows Homes in the in the Southwest Des Moines neighborhood starting from $1,275. The second greatest value Fort Des Moines apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Fort Des Moines apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southern Meadows Homes | Plan B - two story | 3BR,2BA | $0.93 |
| The Meadows | 3 Bedroom | 3BR,2BA | $0.95 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Park | 2 Bed /2 Bath | 2BR,2BA | $0.85 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.93 |
| McKinley Apartments | 3BD/2BA | 3BR,2BA | $0.94 |
| Goldbriar Chateau | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.96 |
| Park Ridge Apartments | 2 Bedroom | 2BR,1BA | $0.97 |
| Ivy II | Classic 2 bed/1 bath | 2BR,1BA | $1.00 |
| The Pointe on Fleur Apartments | One Month Free Rent Call Today! | 1BR,1BA | $0.99 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Fort Des Moines, Des Moines, and the greater Des Moines area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Fort Des Moines Apartments
What is the price of a cheap apartment in Fort Des Moines?
The cheapest apartment in Fort Des Moines is Valley Acres Apartments which is listed at $650, while the average apartment in Fort Des Moines costs $919.
What types of apartments are the cheapest in Fort Des Moines?
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 15 regular apartments in Fort Des Moines 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 Fort Des Moines?
Cheap apartments in Fort Des Moines have an average cost of $190 which is $729 cheaper than the average rent for all rentals in Fort Des Moines.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.