Cheap Apartments for Rent in the Magnolia Park Neighborhood of Des Moines, IA from $500 (60 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Park Ridge Apartments
Rent Specials
$825 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,300
Total Monthly Price
$825 - $1,300
2 to 3 Bedroom Apartments Available Now

Park Ridge Apartments

3200 Indianola AveDes Moines, IA 50315
Cost Per Sq.Ft.
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  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 5706 South Union St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

5706 South Union St

Des MoinesIA50315
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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
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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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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

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

The Quarters on 9th

5209 SW 9th StDes Moines, IA 50315
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920 Meadow Ln
2 to 3 Bedroom Apartments

920 Meadow Ln

920 Meadow LnDes Moines, IA 50315
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Casady Apartments
Studio to 2 Bedroom Apartments

Casady Apartments

1910-1914 Casady DrDes Moines, IA 50315
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McKinley Apartments
1 to 3 Bedroom Apartments

McKinley Apartments

315 E McKinley AveDes Moines, IA 50315
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Community Homes
1 to 3 Bedroom Apartments

Community Homes

5301 SW 9th StDes Moines, IA 50315
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1201 E Bell Avenue
1 to 3 Bedroom Apartments

1201 E Bell Avenue

1201 E Bell AveDes Moines, IA 50315
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Southview Manor
1 Bedroom Apartments

Southview Manor

2417 SW 9th StDes Moines, IA 50315
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6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315

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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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 The Pointe on Fleur Apartments priced from $675. Pioneer Estates 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 ListingModel NameBed/BathPriced From
The Pointe on Fleur ApartmentsUp to 2 Months Free Rent Call Today!1BR,1BA$675
Pioneer EstatesB11BR,1BA$699
McKinley Apartments1BD/1BA1BR,1BA$699
Park Forest1x1 6301BR,1BA$705
1201 E Bell Avenue1BR/1.0BA1BR,1BA$725
Sutton HillA11BR,1BA$730
The Ridges1 Bedroom1BR,1BA$740
Ivy IIClassic 2 bed/1 bath2BR,1BA$747
The Hampton Meadows1 Bedroom1BR,1BA$750
Watrous ApartmentsA11BR,1BA$750

Best Value Apartments for Rent in Magnolia Park, IA

As of July 27, 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 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset 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.
Southern Meadows HomesPlan B - two story3BR,2BA$0.93
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Park2 Bed /2 Bath2BR,2BA$0.85
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Rosemont PlaceB12BR,1BA$0.90
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Park Ridge Apartments2 Bedroom2BR,1BA$0.97
Ivy IIClassic 2 bed/1 bath2BR,1BA$1.00
The Pointe on Fleur ApartmentsUp to 2 Months Free Rent Call Today!1BR,1BA$0.99

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Magnolia Park, Des Moines, IA

Ranked #42

Among cities in Iowa 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!

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 $675 at The Pointe on Fleur 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 $747 at Ivy II.

What is the most affordable Magnolia Park Three Bedroom Apartment?

The best deal on a cheap Magnolia Park Three Bedroom Apartment rental is at McKinley Apartments and starts from $895.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.