Cheap Homes for Rent in Des Moines, IA from $300 (37 Rentals)

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Search the lowest-cost Homes available for rent right now in Des Moines.

property at 3413 59th St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

3413 59th St

Des MoinesIA50322
property at 2537 Lynner Dr

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

2537 Lynner Dr

Des MoinesIA50310

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.

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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.

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property at 1910 10th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

1910 10th St

Des MoinesIA50314

Des Moines's Best Affordable Neighborhoods

Learn about Des Moines and the best places to live with original content written by our Local Expert Joseph Isenberg

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-37, Page 1 of 1

Des Moines, IA Local Guide

Cheapest Neighborhoods for Apartments in Des Moines, IA

Pricing Updated: 03/28/2026

Current apartment rentals in the Des Moines, IA area range in price from $380 to $22,823 with an overall median price of $2,715. The three Des Moines neighborhoods with the lowest median rent pricing are Danamere Farms at $780, Echo Valley at $780, and Campus Park Wrights Grove at $461. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Des Moines Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Danamere Farms$880$7803
Echo Valley$880$7803
Campus Park Wrights Grove$895$46139
River Bend$895$4617
Patricia Park$1,139$62587
Frisbie Park$1,150$380153
Sheridan Gardens$1,150$75071
Fort Des Moines$1,154$650184
Watrous South$1,154$650155
Accent$1,160$59738

Cheapest Available Des Moines Apartments for Rent

 

The cheapest available apartment rental in Des Moines, IA is a Studio unit found at Townhall Apartments in the Grandview College Area neighborhood priced from $461. Johnston Crossing Senior Apartments I in the Green Meadows West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $548. Here is today’s list of the most affordable Des Moines apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Townhall ApartmentsUnit 224 - Income RestrictedStudio,1BA$461
Johnston Crossing Senior Apartments I1 Bedroom1BR,1BA$548
Highland Park ManorStandard 1 Bed1BR,1BA$597
Highland Park ApartmentsStandard 1 Bed1BR,1BA$597
The View on Douglas0BR/1.0BAStudio,1BA$599
Village GreenStudioStudio,1BA$600
Plymouth Place Retirement Community 62+Studio - Retirement CommunityStudio,1BA$600
The View On HickmanNew Build Apartment Available for Immediate Mov...Studio,1BA$625
Lenox PropertiesGreenwood AStudio,1BA$635
The AcaciaStudio - ClassicStudio,1BA$647

Best Value Apartments for Rent in Des Moines, IA

As of March 28, 2026 the best value apartment in the Des Moines area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Hayes Acres neighborhood starting from $2,300. The second greatest value Des Moines apartment is the 2 BR/ 1 BA Model at 3612 Ingersoll Ave starting at $1,200 with a $0.75 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Des Moines apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie TrailsFour bed4BR,3BA$0.77
3612 Ingersoll Ave2 BR/ 1 BA2BR,1BA$0.75
Normandy Terrace Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.60
Southern Meadows HomesPlan B - two story3BR,2BA$0.93
Ingersoll TowersDrake3BR,2BA$0.84
Magnolia Park2/2.02BR,2BA$0.78
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
Washington ManorTwo Bedroom2BR,2BA$0.91
McKinley Apartments2BD/2BA2BR,2BA$0.89
Johnston Crossing Senior Apartments I1 Bedroom1BR,1BA$0.80

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Des Moines, IA Rentals by Map

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Des Moines, IA Area Reviews

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Joseph • 4+ years in Des Moines

May 14, 2025

Many residents prefer the western suburbs or more distant communities like Indianola, Boone, Ames, or Newton. Certainly those are all viable options.I would never pick Des Moines for its schools, for example. But the city has many fine neighborhoods which are worth a look.

Frequently Asked Questions about Des Moines

What type of rentals are currently available in Des Moines?

There are currently 1298 Apartments for Rent in Des Moines, IA with pricing that ranges from $380 to $22,823. There are also 210 Single Family Homes for rent, Condos, and Townhome rentals currently available in Des Moines ranging from $380 to $4,200.

What is the current price range for Rental Homes in Des Moines?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Des Moines ranges from $380 to $4,200 with an average monthly rent of $1,841.

How much are larger Three and Four Bedroom Rentals in Des Moines?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Des Moines range from $685 to $3,189, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,795. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $600.

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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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.