Cheap Apartments for Rent in the Magnolia Park Neighborhood of Des Moines, IA from $500 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Magnolia Park 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
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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

3722-3726 SE 14th StDes Moines, IA 50320
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The Quarters on 9th
Studio to 2 Bedroom Apartments

The Quarters on 9th

5209 SW 9th StDes Moines, IA 50315
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Showing Results 1-50, Page 1 of 2

Magnolia Park, Des Moines, IA Local Guide

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 Melbourne priced from $545. Southern Knolls (Watrous) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Magnolia Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
MelbourneA1 - 40 - Income Restricted1BR,1BA$545
Southern Knolls (Watrous)A11BR,1BA$600
Sutton HillA11BR,1BA$668
The Pointe on Fleur1x11BR,1BA$685
Park Forest1x1 6301BR,1BA$695
Pioneer EstatesB11BR,1BA$700
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
Goldbriar Chateau1 Bedroom 1 Bathroom1BR,1BA$750
Park Ridge Apartments1 Bedroom1BR,1BA$775
Rosemont PlaceA11BR,1BA$785

Best Value Apartments for Rent in Magnolia Park, IA

As of June 11, 2025 the best value apartment in the Magnolia Park area is the $0.91 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $950. The second greatest value Magnolia Park apartment is the 2 Bedroom Model at Magnolia Manor Apartments and Townhomes starting at $850 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows3 Bedroom3BR,2BA$0.91
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
McKinley Apartments2BD/2BA2BR,2BA$0.93
SomersetB32BR,1BA$1.06
Woodside Park Apartments2 Bed A2BR,1BA$1.05
Sevastopol Station1 Bedroom 1 Bathroom1BR,1BA$1.10
Park Ridge Apartments1 Bedroom1BR,1BA$1.11
The Pointe on Fleur1x11BR,1BA$1.01
Southern Knolls (Watrous)A11BR,1BA$0.92
Park Forest1x1 6301BR,1BA$1.10

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
Magnolia Park, Des Moines, IA

Ranked #31

Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Magnolia Park Neighborhood in Des Moines, IA

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Magnolia Park Apartments

What is a cheap apartment in Magnolia Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Park is under $785.

What is the price of a cheap apartment in Magnolia Park?

The cheapest apartment in Magnolia Park is Melbourne which is listed at $545, while the average apartment in Magnolia Park costs $1,412.

What types of apartments are the cheapest in Magnolia Park?

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 42 regular apartments in Magnolia Park 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 Magnolia Park?

Cheap apartments in Magnolia Park have an average cost of $460 which is $952 cheaper than the average rent for all rentals in Magnolia Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.