Cheap Homes for Rent in the Merle Hay Neighborhood of Des Moines, IA from $500 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Merle Hay area of Des Moines.

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.

property at 3841 69th St

$975 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,200

Total Monthly Price
$975 - $1,200

1 To 2 Bedroom Townhomes for Rent

Available Now

3841 69th St

UrbandaleIA50322
property at 901 41st St

$995

2 Bedroom, 1 Bath Rentals

Available Now

901 41st St

Des MoinesIA50312

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.

Merle Hay, Des Moines, IA Local Guide

Cheapest Available Merle Hay Apartments for Rent

 

The cheapest available apartment rental in the Merle Hay area of Des Moines, IA is a Studio unit found at Urban Heights priced from $650. The 2800 Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Merle Hay apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Urban Heights0BR/1.0BAStudio,1BA$650
The 2800 Residences2nd Floor - 1 Bed1BR,1BA$675
The View on Douglas0BR/1.0BAStudio,1BA$675

Best Value Apartments for Rent in Merle Hay, IA

As of July 12, 2026 the best value apartment in the Merle Hay area is the $1.05 price per square foot 5000 Twana Dr Model at 5000 Twana Dr, Unit 1 in the in the Merle Hay neighborhood starting from $1,050. The second greatest value Merle Hay apartment is the 2 Beds, 2 Baths Model at 5908-5924 Sutton Dr starting at $1,150 with a $1.27 price per square foot in the Merle Hay neighborhood. Here is today’s list of the best values for Merle Hay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5000 Twana Dr, Unit 15000 Twana Dr2BR,1BA$1.05
5908-5924 Sutton Dr2 Beds, 2 Baths2BR,2BA$1.27
Urban Green Apartments - Urbandale2 BD Oak2BR,1BA$0.97
Hickman OneModel A2BR,1BA$1.20
Westchester SquareOne Bedroom1BR,1BA$1.10
Crossroad Apartments1BR/1.0BA1BR,1BA$1.03
Hickman Hill Apartments HEAT & WATER INCLUDED1 Bedroom - FURNISHED1BR,1BA$1.22
Legacy MeadowsA3 Renovated1BR,1BA$1.16
Chad Estates1 bedroom1BR,1BA$1.08
Clover Creek1/1 - Grand1BR,1BA$1.18

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.

Read Article
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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
Merle Hay, Des Moines, IA

Ranked #38

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Merle Hay

What type of rentals are currently available in Merle Hay?

There are currently 220 Apartments for Rent in Merle Hay, IA with pricing that ranges from $605 to $2,000. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merle Hay ranging from $525 to $2,385.

What is the current price range for Rental Homes in Merle Hay?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Merle Hay ranges from $525 to $2,385 with an average monthly rent of $1,309.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.