Cheap Apartments for Rent in the Grays Woods Neighborhood of Des Moines, IA from $700 (23 Rentals)

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

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.

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Eastview Manor
1 to 2 Bedroom Apartments

Eastview Manor

3700 E 31st StDes Moines, IA 50317
Senior Living
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Oak Creek Chateau
2 Bedroom Apartments

Oak Creek Chateau

595 N Pleasant Hill BlvdDes Moines, IA 50327
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Eastview
2 Bedroom Apartments

Eastview

3945 E 23rd StDes Moines, IA 50317
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Hilltop l
3 Bedroom Apartments

Hilltop l

3720 E Douglas AveDes Moines, IA 50317

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Showing Results 1-23, Page 1 of 1

Cheapest Available Grays Woods Apartments for Rent

 

The cheapest available apartment rental in the Grays Woods area of Des Moines, IA is a 2 Beds unit found at Canterbury Park priced from $750. Parkside East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Grays Woods apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Canterbury ParkTwo Bedroom-One and One Half Bath2BR,1BA$750
Parkside East1 Bedroom1BR,1BA$800
Prairie Woods ApartmentsOne Bedroom1BR,1BA$855
Peterson Place Apartments772 BUILDING2BR,1BA$895
Golfview CondosVista1BR,1BA$925

Best Value Apartments for Rent in Grays Woods, IA

As of May 06, 2026 the best value apartment in the Grays Woods area is the $1.43 price per square foot REED R 1748 Model at Lexington Park Townhome Rentals in the in the Estey Heights neighborhood starting from $2,495. The second greatest value Grays Woods apartment is the Three Bedroom-Two Bath Model at Canterbury Park starting at $1,140 with a $1.04 price per square foot in the Estey Heights neighborhood. Here is today’s list of the best values for Grays Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lexington Park Townhome RentalsREED R 17483BR,2.5BA$1.43
Canterbury ParkThree Bedroom-Two Bath3BR,2BA$1.04
Rock Creek Condos2 Bedroom2BR,2BA$1.16
Peterson Place Apartments770 BUILDING2BR,1BA$1.11
3274 E Euclid Ave2 bed 1 bath2BR,1BA$1.23
Hilltop Apartments1x11BR,1BA$1.36
RiverwoodPine1BR,1BA$1.60
Parkside East1 Bedroom1BR,1BA$1.23
Prairie Woods ApartmentsOne Bedroom1BR,1BA$1.37
Golfview CondosVista1BR,1BA$1.50

Frequently Asked Questions about Cheap Grays Woods Apartments

What is the price of a cheap apartment in Grays Woods?

The cheapest apartment in Grays Woods is Parkside East which is listed at $800, while the average apartment in Grays Woods costs $1,347.

What types of apartments are the cheapest in Grays Woods?

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 40 regular apartments in Grays Woods 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 Grays Woods?

Cheap apartments in Grays Woods have an average cost of $394 which is $953 cheaper than the average rent for all rentals in Grays Woods.

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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.