5508 SW 8th St
Des MoinesIA50315
Cheap Homes for Rent in Gray's Lake Neighborhood of Des Moines, IA from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Gray's Lake area of Des Moines.
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$9001 Bedroom Apartments Available Feb 28
200 Grand Ave
200 Grand AveDes Moines, IA 50309
910 E Railroad Ave
Des MoinesIA50309
5104 SW 9th St
Des MoinesIA50315
2701 Ingersoll Ave
Des MoinesIA50312
2701 Ingersoll Ave
Des MoinesIA50312
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.
217 Loomis Ave
Des MoinesIA50315
122 McKinley Ave
Des MoinesIA50315
3612 Ingersoll Ave
Des MoinesIA50312
3422 SW 8th St
Des MoinesIA50315
1813 SW 2nd St
Des MoinesIA50315
905 SE 9th St
Des MoinesIA50309
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Gray's Lake, Des Moines, IA Local Guide
How much does it cost to rent a home in Gray's Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gray's Lake 2 Bedroom Homes for Rent | $1,476 | $925 | $2,900 |
| Gray's Lake 3 Bedroom Homes for Rent | $1,717 | $1,000 | $2,875 |
| Gray's Lake 4 Bedroom Homes for Rent | $1,893 | $1,600 | $2,195 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Gray's Lake Neighborhood of Des Moines, IA.
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Gray's Lake, Des Moines, IA Local Guide
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Cheapest Available Gray's Lake Apartments for Rent
The cheapest available apartment rental in the Gray's Lake area of Des Moines, IA is a Studio unit found at The Acacia priced from $647. Stockbridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Gray's Lake apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $650 |
| Ingersoll Park Studio Apartments 3607 | Studio | Studio,1BA | $675 |
| Arlington Hallett | Studio West | Studio,1BA | $680 |
| Melbourne | B4 - 40 - Income Restricted | 2BR,2BA | $682 |
Best Value Apartments for Rent in Gray's Lake, IA
As of February 17, 2026 the best value apartment in the Gray's Lake area is the $1.04 price per square foot B1 Model at Eagle View Lofts in the in the Southwest Des Moines neighborhood starting from $1,712. The second greatest value Gray's Lake apartment is the Plan B - two story Model at Southern Meadows Homes starting at $1,275 with a $0.93 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Gray's Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle View Lofts | B1 | 2BR,1.5BA | $1.04 |
| Southern Meadows Homes | Plan B - two story | 3BR,2BA | $0.93 |
| Ingersoll Towers | Riley | 2BR,2BA | $0.84 |
| Magnolia Park | 2nd Floor 2/2.0 | 2BR,2BA | $0.80 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
| McKinley Apartments | 3BD/1.5BA | 3BR,1.5BA | $0.94 |
| Hamilton Apartments | One Bedroom | 1BR,1BA | $0.84 |
| The Jefferson | Jefferson 2 Bed 1 Bath Renovated | 2BR,1BA | $0.92 |
| The 31st Street Apartments | One Bedroom + Den | 1BR,1BA | $1.05 |
| Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $0.93 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleGray's Lake, Des Moines, IA
Ranked #13
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Gray's Lake, Des Moines, IA
Brody Middle School
Des Moines Independent Community School District
Public School - Grades 6-8 (603)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Gray's Lake
What type of rentals are currently available in Gray's Lake?
There are currently 252 Apartments for Rent in Gray's Lake, IA with pricing that ranges from $647 to $20,339. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gray's Lake ranging from $895 to $2,900.
What is the current price range for Rental Homes in Gray's Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gray's Lake ranges from $895 to $2,900 with an average monthly rent of $1,511.
How much are larger Three and Four Bedroom Rentals in Gray's Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Gray's Lake range from $895 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,499.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.