close
View Me
Cheap Homes for Rent in Gray's Lake Neighborhood of Des Moines, IA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Gray's Lake area of Des Moines.
2500 Grand Ave
Des MoinesIA50312
912 E Railroad Ave
Des MoinesIA50309
922 E Railroad Ave
Des MoinesIA50309
910 E Railroad Ave
Des MoinesIA50309
907 Leach Ave
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.
217 Loomis Ave
Des MoinesIA50315
close
View Me
3145 SW 12th Pl
Des MoinesIA50315
3422 SW 8th St
Des MoinesIA50315
112 Davis Ave
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.
122 McKinley Ave
Des MoinesIA50315
Showing Results 1-13, 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 | $1,318 | $925 | $2,250 |
| Gray's Lake 3 Bedroom Homes for Rent | $1,853 | $1,145 | $3,700 |
| Gray's Lake 4 Bedroom Homes for Rent | $1,922 | $1,695 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. 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 |
| Goldbriar Chateau | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| Arlington Hallett | Studio West | Studio,1BA | $680 |
| Ivy II | Classic 2 bed/1.5 bath | 2BR,1BA | $685 |
Best Value Apartments for Rent in Gray's Lake, IA
As of December 20, 2025 the best value apartment in the Gray's Lake area is the $0.98 price per square foot C3 Model at 5Fifty5 in the in the Southwest Des Moines neighborhood starting from $2,172. The second greatest value Gray's Lake apartment is the 2 BR/ 1 BA Model at 3612 Ingersoll Ave starting at $1,125 with a $0.70 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. |
|---|---|---|---|
| 5Fifty5 | C3 | 3BR,2.5BA | $0.98 |
| 3612 Ingersoll Ave | 2 BR/ 1 BA | 2BR,1BA | $0.70 |
| Southern Meadows Homes | Plan B - two story | 3BR,2BA | $0.93 |
| Magnolia Park | 2nd Floor 2/2.0 | 2BR,2BA | $0.88 |
| 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 |
| Ingersoll Towers | Ashworth | 2BR,1BA | $0.94 |
| The Jefferson | Jefferson 2bedroom | 2BR,1BA | $0.90 |
| 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.
Read Article
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 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 #11
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 251 Apartments for Rent in Gray's Lake, IA with pricing that ranges from $647 to $10,500. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gray's Lake ranging from $850 to $3,700.
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 $850 to $3,700 with an average monthly rent of $1,563.
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 $2,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,145 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $7,858.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!