
Cheap Homes for Rent in Magnolia Park Neighborhood of Des Moines, IA from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Magnolia Park area of Des Moines.


2825 SE 14th St

2825 SE 14th St

2825 SE 14th St

2825 SE 14th St
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.

2825 SE 14th St

2825 SE 14th St

1308 Emma Ave

814 Hartford Ave

3420 SW 8th St
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.

3422 SW 8th St

917 Titus Ave

4909 SW 13th St

1211 Lewis Ave

1321 Army Post Rd
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.
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 | $1,101 | $550 | $1,700 |
| Magnolia Park 3 Bedroom Homes for Rent | $1,462 | $1,195 | $1,950 |
| Magnolia Park 4 Bedroom Homes for Rent | $1,898 | $1,795 | $2,050 |
| Magnolia Park 5 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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. The Pointe on Fleur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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 |
| The Pointe on Fleur Apartments | 1x1 | 1BR,1BA | $675 |
| Pioneer Estates | B1 | 1BR,1BA | $699 |
| Park Forest | 1x1 630 | 1BR,1BA | $705 |
| The Ridges | 1 Bedroom | 1BR,1BA | $740 |
Best Value Apartments for Rent in Magnolia Park, IA
As of June 12, 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 3BR/2.0BA Model at 1201 E Bell Avenue starting at $1,100 with a $0.99 price per square foot in the East 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 |
| 1201 E Bell Avenue | 3BR/2.0BA | 3BR,2BA | $0.99 |
| The Meadows | 3 Bedroom | 3BR,2BA | $0.95 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.93 |
| McKinley Apartments | 3BD/1.5BA | 3BR,1.5BA | $0.94 |
| Evergreen Terrace | 2BR/1BA-Updated | 2BR,1BA | $1.00 |
| Ivy II | Classic 2 bed/1 bath | 2BR,1BA | $1.00 |
| The Pointe on Fleur Apartments | 1x1 | 1BR,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 ArticleReal 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.
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 #41
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 146 Apartments for Rent in Magnolia Park, IA with pricing that ranges from $650 to $2,400. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Park ranging from $550 to $2,050.
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 $550 to $2,050 with an average monthly rent of $1,463.
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.