
Cheap Apartments for Rent in the Magnolia Park Neighborhood of Des Moines, IA from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Park area of Des Moines.


McKinley Apartments

Watrous Apartments

Park Forest

Pioneer Estates

The Pointe on Fleur Apartments

The Ridges

Sutton Hill

The Hampton Meadows
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.

The Oaks

Total Monthly Price
Park Ridge Apartments

The Jefferson

Evergreen Terrace

Sunburst

612 Bancroft St

Wakonda Village and Manor Apartment Homes

Ivy II

Willow Bend
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.

Total Monthly Price
Woodside Park Apartments

Elmcrest

Magnolia Park

Magnolia Manor Apartments and Townhomes

Southbrook Green

Goldbriar Chateau

Rosemont Place

Somerset

Meredith Homes
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.

Libertad Des Moines

Cedar Crest Apartments

South View Apartments LLC

The Quarters on 9th

920 Meadow Ln

Casady Apartments

Southern Park Apartments

Community Homes

Southview Manor
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Bell Terrace

Stidham- 6920 SW 9th St

Melbourne IV 55+ Living

1201 E Bell Avenue

Southridge Senior Lofts

Flats on 5th

The Meadows

Sevastopol Station

Shelly Rose Estates
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Southwinds Apartments

BNL Investments

Iowa Stanton LLC
Magnolia Park, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Magnolia Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Park Studio Apartments | $800 | $800 | $800 |
| Magnolia Park 1 Bedroom Apartments | $828 | $650 | $1,125 |
| Magnolia Park 2 Bedroom Apartments | $997 | $769 | $2,300 |
| Magnolia Park 3 Bedroom Apartments | $1,202 | $895 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Magnolia Park Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Magnolia Park, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Magnolia Park Apartments for Rent
 The cheapest available apartment rental in the Magnolia Park area of Des Moines, IA is a 1 Bed unit found at Valley Acres Apartments priced from $650. McKinley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Magnolia Park apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| McKinley Apartments | 1BD/1BA | 1BR,1BA | $699 |
| Park Forest | 1x1 630 | 1BR,1BA | $705 |
| Watrous Apartments | A1 | 1BR,1BA | $705 |
| The Pointe on Fleur Apartments | One Bedroom Available-$500 Rent Credit-Call for... | 1BR,1BA | $725 |
| Pioneer Estates | B1 | 1BR,1BA | $725 |
| The Ridges | 1 Bedroom | 1BR,1BA | $740 |
| Sutton Hill | A1 | 1BR,1BA | $748 |
| The Hampton Meadows | 1 Bedroom | 1BR,1BA | $750 |
| Park Ridge Apartments | 1 Bedroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Magnolia Park, IA
As of March 14, 2026 the best value apartment in the Magnolia Park area is the $0.93 price per square foot Plan B - two story Model at Southern Meadows Homes in the in the Southwest Des Moines neighborhood starting from $1,275. The second greatest value Magnolia Park 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 Magnolia Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southern Meadows Homes | Plan B - two story | 3BR,2BA | $0.93 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Park | 2/2.0 | 2BR,2BA | $0.85 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
| Flats on 5th | Lennon 2.2A 60% | 2BR,2BA | $0.99 |
| The Meadows | 2 Bedroom | 2BR,1BA | $0.91 |
| The Oaks | 2/1 Rennovated | 2BR,1BA | $0.93 |
| Evergreen Terrace | 2BR/1BA-Updated | 2BR,1BA | $1.00 |
| Woodside Park Apartments | 2 Bed A | 2BR,1BA | $0.99 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.00 |
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 ArticleThe 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 ArticleCash 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.
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.
Pet Friendly LifestyleMagnolia Park, Des Moines, IA
Ranked #40
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Des Moines. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Magnolia Park Apartments
How much is rent for a Cheap One Bedroom Magnolia Park Apartment?
The lowest price for a Cheap One Bedroom Magnolia Park Apartment is $650 at Valley Acres Apartments.
What is the lowest price for a Cheap Two Bedroom Magnolia Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Magnolia Park is starting from $769 at Park Forest.
What is the most affordable Magnolia Park Three Bedroom Apartment?
The best deal on a cheap Magnolia Park Three Bedroom Apartment rental is at The Meadows and starts from $995.
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.

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.

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.

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.