
Cheap Apartments for Rent in the Grays Woods Neighborhood of Des Moines, IA from $495 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grays Woods area of Des Moines.


Parkside East

Total Monthly Price
Prairie Woods Apartments

Cypress 1 (East Ridge)

1332 E 37th St

Hilltop Apartments
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513 E 24th St

23rd East

Wedgewood Apartments

2447 E Walnut Street

Eastview Manor

Oak Creek Chateau Apartments
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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.

Larnerd Apartments

4210 Knob Hill Drive

Eastview

2636.5 Capitol Ave

3274 E Euclid Ave

2601/2603 E Walnut Street
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3410 Easton Blvd

2703 Hull Ave

Riverwood

Peterson Place Apartments

Canterbury Park

The Cottages of Pleasant Hill
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Golfview Condos

Rock Creek Condos

Canterbury Heights, a 55+ Community
Grays Woods, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Grays Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grays Woods 1 Bedroom Apartments | $892 | $745 | $1,200 |
| Grays Woods 2 Bedroom Apartments | $982 | $880 | $1,500 |
| Grays Woods 3 Bedroom Apartments | $1,476 | $1,145 | $2,475 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Grays Woods Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Cheapest Available Grays Woods Apartments for Rent
 The cheapest available apartment rental in the Grays Woods area of Des Moines, IA is a 1 Bed unit found at 2447 E Walnut Street priced from $725. Parkside East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Grays Woods apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2447 E Walnut Street | 1BR/1.0BA | 1BR, 1BA | $725 |
| Parkside East | 1 Bedroom | 1BR, 1BA | $825 |
| Riverwood | Oaks | 1BR, 1BA | $828 |
| Peterson Place Apartments | 772 BUILDING | 2BR, 1BA | $895 |
| Canterbury Park | Two Bedroom CPI | 2BR, 2BA | $895 |
| Prairie Woods Apartments | Two Bedroom | 2BR, 1BA | $905 |
| Hilltop Apartments | 1x1 | 1BR, 1BA | $1,000 |
| Golfview Condos | Vista | 1BR, 1BA | $1,006 |
| 2601/2603 E Walnut Street | 2BR/1.0BA | 2BR, 1BA | $1,050 |
| Rock Creek Condos | 2 Bedroom | 2BR, 2BA | $1,195 |
Best Value Apartments for Rent in Grays Woods, IA
As of September 19, 2026 the best value apartment in the Grays Woods area is the $1.32 price per square foot REED R 1675 Model at Lexington Park Townhome Rentals in the Estey Heights neighborhood starting from $2,219. The second greatest value Grays Woods apartment is the 2BR/1.0BA Model at 2601/2603 E Walnut Street in the East Des Moines neighborhood starting at $1,050 with a $0.88 price per square foot. Here is today’s list of the best values for Grays Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lexington Park Townhome Rentals | REED R 1675 | 3BR, 2.5BA | $1.32 |
| 2601/2603 E Walnut Street | 2BR/1.0BA | 2BR, 1BA | $0.88 |
| Rock Creek Condos | 2 Bedroom | 2BR, 2BA | $1.21 |
| Peterson Place Apartments | 770 BUILDING | 2BR, 1BA | $1.11 |
| Riverwood | Drift (w/ fp) | 2BR, 2BA | $1.40 |
| Prairie Woods Apartments | Two Bedroom | 2BR, 1BA | $1.06 |
| Canterbury Park | Two Bedroom CPI | 2BR, 2BA | $1.13 |
| Hilltop Apartments | 1x1 | 1BR, 1BA | $1.36 |
| Parkside East | 1 Bedroom | 1BR, 1BA | $1.27 |
| 2447 E Walnut Street | 1BR/1.0BA | 1BR, 1BA | $1.21 |
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 2447 E Walnut Street which is listed at $725, while the average apartment in Grays Woods costs $930.
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 35 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 $468 which is $462 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

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.

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.