Cheap Apartments for Rent in the Grand Avenue Neighborhood of Des Moines, IA from $500 (13 Rentals)

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

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4323 Grand Ave
Studio Apartments

4323 Grand Ave

4323 Grand AveDes Moines, IA 50312
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4341 Grand Ave
Studio Apartments

4341 Grand Ave

4341 Grand AveDes Moines, IA 50312
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421 42nd St
Studio Apartments

421 42nd St

421 42nd StDes Moines, IA 50312
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4345 Grand Ave
Studio Apartments

4345 Grand Ave

4345 Grand AveDes Moines, IA 50312

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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Ingersoll Park
Studio to 1 Bedroom Apartments

Ingersoll Park

4906 Ingersoll AveDes Moines, IA 50312
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Roosevelt Manor
2 Bedroom Apartments

Roosevelt Manor

4223 Chamberlain DrDes Moines, IA 50312
  • Utilities Included
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5008 Ingersoll Ave
1 to 2 Bedroom Apartments

5008 Ingersoll Ave

5008 Ingersoll AveDes Moines, IA 50312
  • Utilities Included

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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Tonawanda Apartments
1 to 2 Bedroom Apartments

Tonawanda Apartments

432 Tonawanda DrDes Moines, IA 50312
  • Utilities Included

Grand Avenue, Des Moines, IA Local Guide

Cheapest Available Grand Avenue Apartments for Rent

 

The cheapest available apartment rental in the Grand Avenue area of Des Moines, IA is a Studio unit found at Hampton House Apartments priced from $750. Lenox Properties has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Grand Avenue apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Hampton House ApartmentsStudioStudio,1BA$750
Lenox PropertiesWinona A1BR,1BA$810
329 5th StStudioStudio,1BA$900
Sunrise Valley3 Beds, 1.5 Baths3BR,1BA$1,175

Best Value Apartments for Rent in Grand Avenue, IA

As of July 22, 2026 the best value apartment in the Grand Avenue area is the $1.25 price per square foot Winona A Model at Lenox Properties in the in the Southwest Des Moines neighborhood starting from $810. The second greatest value Grand Avenue apartment is the Furnished 1 Bedroom Model at Hampton House Apartments starting at $1,650 with a $2.66 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Grand Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lenox PropertiesWinona A1BR,1BA$1.25
Hampton House ApartmentsFurnished 1 Bedroom1BR,1BA$2.66
329 5th StStudioStudio ,1BA$2.39

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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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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Frequently Asked Questions about Cheap Grand Avenue Apartments

How much is rent for a Cheap One Bedroom Grand Avenue Apartment?

The lowest price for a Cheap One Bedroom Grand Avenue Apartment is $810 at Lenox Properties.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.