3607 Ingersoll Ave
Des MoinesIA50312
Cheap Homes for Rent in Gray's Lake Neighborhood of Des Moines, IA from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Gray's Lake area of Des Moines.
3607 Ingersoll Ave
Des MoinesIA50312
3607 Ingersoll Ave
Des MoinesIA50312
3607 Ingersoll Ave
Des MoinesIA50312
3607 Ingersoll Ave
Des MoinesIA50312
3607 Ingersoll Ave
Des MoinesIA50312
1989 SW 1st St
Des MoinesIA50315
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.
2701 Ingersoll Ave
Des MoinesIA50312
5706 South Union St
Des MoinesIA50315
814 Hartford Ave
Des MoinesIA50315
830 Hartford Ave
Des MoinesIA50315
802 SE 10th St
Des MoinesIA50309
816 Hartford Ave
Des MoinesIA50315
3315 SE 4th St
Des MoinesIA50315
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.
2900 SE 10th St
Des MoinesIA50315
1211 Lewis Ave
Des MoinesIA50315
1987 SW 1st St
Des MoinesIA50315
3154 Indianola Ave
Des MoinesIA50315
3310 SE 5th St
Des MoinesIA50315
1549 Pleasant View Dr
Des MoinesIA50320
4805 S Union St
Des MoinesIA50315
Cash 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.
Showing Results 1-21, Page 1 of 1
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 | $1,298 | $975 | $2,250 |
| Gray's Lake 3 Bedroom Homes for Rent | $1,515 | $1,220 | $1,995 |
| Gray's Lake 4 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Gray's Lake Neighborhood of Des Moines, IA.
Explore Des Moines
Gray's Lake, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 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 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 |
| The Pointe on Fleur Apartments | Up to 2 Months Free Rent Call Today! | 1BR,1BA | $675 |
| Arlington Hallett | Studio East | Studio,1BA | $695 |
| Pioneer Estates | B1 | 1BR,1BA | $699 |
| The Elliott | Studio | Studio,1BA | $710 |
Best Value Apartments for Rent in Gray's Lake, IA
As of July 04, 2026 the best value apartment in the Gray's Lake 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 Gray's Lake apartment is the 2 Bed /2 Bath Model at Magnolia Park starting at $810 with a $0.81 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. |
|---|---|---|---|
| Southern Meadows Homes | Plan B - two story | 3BR,2BA | $0.93 |
| Magnolia Park | 2 Bed /2 Bath | 2BR,2BA | $0.81 |
| 560 29th St | 560 29th St | 2BR,1BA | $0.98 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.93 |
| McKinley Apartments | 3BD/1.5BA | 3BR,1.5BA | $0.94 |
| Park Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.02 |
| Ivy II | Elevated 1 bed/1 bath | 1BR,1BA | $1.07 |
| The Pointe on Fleur Apartments | Up to 2 Months Free Rent Call Today! | 1BR,1BA | $0.99 |
| 1201 E Bell Avenue | 1BR/1.0BA | 1BR,1BA | $1.09 |
| Watrous Apartments | A1 | 1BR,1BA | $1.12 |
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 Article
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.
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.
Let everyone know!
Do you know the Gray's Lake area?
If you’re an expert on all things Gray's Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleGray's Lake, Des Moines, IA
Ranked #12
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 (614)
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 255 Apartments for Rent in Gray's Lake, IA with pricing that ranges from $647 to $3,834. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gray's Lake ranging from $725 to $2,250.
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 $725 to $2,250 with an average monthly rent of $1,391.
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.
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.
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.