Cheap Apartments for Rent in the Hillsboro Estates Neighborhood of Des Moines, IA from $500 (4 Rentals)

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

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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
Senior Living
  • Utilities Included
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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
  • Utilities Included

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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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

3722-3726 SE 14th StDes Moines, IA 50320
  • Utilities Included
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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
  • Utilities Included

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.

Hillsboro Estates, Des Moines, IA Local Guide

Best Value Apartments for Rent in Hillsboro Estates, IA

As of April 16, 2026 the best value apartment in the Hillsboro Estates area is the $0.95 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $995. The second greatest value Hillsboro Estates apartment is the 2-Bedroom Model at Fort Des Moines starting at $975 with a $0.97 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Hillsboro Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Park2/2.02BR,2BA$0.78
Rosemont PlaceB5 - Renovated2BR,2BA$1.15
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Lyn Crossing2 Bedroom2BR,1BA$1.04
Ivy IIElevated 1 bed/1 bath1BR,1BA$1.07
McKinley Apartments1BD/1BA1BR,1BA$1.16
Watrous ApartmentsA11BR,1BA$1.09

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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Quick 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.

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Pet Friendly Lifestyle
Hillsboro Estates, Des Moines, IA

Ranked #59

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Hillsboro Estates Apartments

What is the price of a cheap apartment in Hillsboro Estates?

The cheapest apartment in Hillsboro Estates is Watrous Apartments which is listed at $709, while the average apartment in Hillsboro Estates costs $1,283.

What types of apartments are the cheapest in Hillsboro Estates?

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 24 regular apartments in Hillsboro Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

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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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.

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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.

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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.