
Cheap Homes for Rent in Magnolia Park Neighborhood of Des Moines, IA from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Magnolia Park area of Des Moines.


904 Luster Ln

5508 SW 8th St

122 McKinley Ave

6505 SW 16th St

2825 SE 14th St
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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.

1749 E Lacona Ave

1211 Lewis Ave

2000 Meadow Ct

2000 Meadow Ct

2000 Meadow Ct

935 Herold Ave
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.

2000 Meadow Ct
Magnolia Park, Des Moines, IA Local Guide

How much does it cost to rent a home in Magnolia Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Park 2 Bedroom Homes for Rent | $1,195 | $750 | $2,350 |
| Magnolia Park 3 Bedroom Homes for Rent | $1,490 | $1,000 | $2,250 |
| Magnolia Park 4 Bedroom Homes for Rent | $1,863 | $1,675 | $2,100 |
| Magnolia Park 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Magnolia Park Neighborhood of Des Moines, IA.
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Magnolia Park, Des Moines, IA Local Guide
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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 |
Best Value Apartments for Rent in Magnolia Park, IA
As of March 13, 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.
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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
Frequently Asked Questions about Magnolia Park
What type of rentals are currently available in Magnolia Park?
There are currently 143 Apartments for Rent in Magnolia Park, IA with pricing that ranges from $650 to $2,300. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Park ranging from $750 to $2,350.
What is the current price range for Rental Homes in Magnolia Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia Park ranges from $750 to $2,350 with an average monthly rent of $1,483.
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.