Cheap Apartments for Rent in the Magnolia Park Neighborhood of Des Moines, IA from $500 (45 Rentals)

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

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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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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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
Senior Living
  • Utilities Included

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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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
  • Utilities Included
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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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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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Community Homes
1 to 3 Bedroom Apartments

Community Homes

5301 SW 9th StDes Moines, IA 50315
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Southview Manor
1 Bedroom Apartments

Southview Manor

2417 SW 9th StDes Moines, IA 50315
Senior Living
  • Utilities Included

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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Bell Terrace
1 Bedroom Apartments

Bell Terrace

2701 SW 23rd StDes Moines, IA 50321
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Melbourne IV 55+ Living
1 to 2 Bedroom Apartments

Melbourne IV 55+ Living

5514 SE 14th StDes Moines, IA 50320
Senior Living
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes 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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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320
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Shelly Rose Estates
1 Bedroom Apartments

Shelly Rose Estates

3721 Indianola AveDes Moines, IA 50320
  • Utilities Included

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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Iowa Stanton LLC
1 to 2 Bedroom Apartments

Iowa Stanton LLC

2200 Stanton AveDes Moines, IA 50321
  • Utilities Included
Showing Results 1-45, Page 1 of 1

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 Park Forest priced from $695. Pioneer Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Magnolia Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Park Forest1x1 6301BR,1BA$695
Pioneer EstatesB11BR,1BA$700
Sutton HillB22BR,1BA$718
The Oaks1BR/1.0BA1BR,1BA$719
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
The Pointe on FleurOne Bedroom Available-One Month Free Rent Speci...1BR,1BA$725
Ivy IIClassic 1 bed/1 bath1BR,1BA$727
Watrous ApartmentsA11BR,1BA$750
The JeffersonJefferson 2bedroom2BR,1BA$765
Rosemont PlaceA11BR,1BA$775

Best Value Apartments for Rent in Magnolia Park, IA

As of October 07, 2025 the best value apartment in the Magnolia Park area is the $1.05 price per square foot 2323 E Porter Avenue #86 Model at 2323 E Porter Avenue #86 in the in the Southeast Des Moines neighborhood starting from $1,275. The second greatest value Magnolia Park apartment is the 2/2.0 Model at Magnolia Park starting at $845 with a $0.85 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.
2323 E Porter Avenue #862323 E Porter Avenue #863BR,2BA$1.05
Magnolia Park2/2.02BR,2BA$0.85
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
The Meadows2 Bedroom2BR,1BA$0.91
Willow Bend2 Bedroom 2 Bath2BR,2BA$1.01
1201 E Bell AvenueTwo Bedroom in Des Moines2BR,1BA$1.00
Park Ridge Apartments2 Bedroom2BR,1BA$0.98
The JeffersonJefferson 2bedroom2BR,1BA$0.90
Woodside Park Apartments2 Bed A2BR,1BA$1.05
The Pointe on FleurOne Bedroom Available-One Month Free Rent Speci...1BR,1BA$1.07

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 #43

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!

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 the price of a cheap apartment in Magnolia Park?

The cheapest apartment in Magnolia Park is Park Forest which is listed at $695, while the average apartment in Magnolia Park costs $1,270.

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 40 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 $306 which is $964 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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.