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$500
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$500
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$500
3721 Cottage Grove Ave, Unit 5
3721 Cottage Grove AveDes Moines, IA 50311
Cheap Apartments for Rent in the Prospect Park Neighborhood of Des Moines, IA from $400 (98 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Des Moines.
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$575 - $747Studio to 2 Bedroom Apartments Available Now
Highland Park Apartments
1216-1306 E Seneca AveDes Moines, IA 50313
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$595 - $750Studio to 2 Bedroom Apartments Available Now
Northtown Apartments
3830 6th AveDes Moines, IA 50313
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$600 - $1,100Studio to 3 Bedroom Apartments Available Now
Village Green
1042 18th StDes Moines, IA 50314
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$680 - $960
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$615 - $895
Required Monthly Fees
$65
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$680 - $960
The Drake
1260 34th StDes Moines, IA 50311
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$695 - $7951 to 2 Bedroom Apartments Available Feb 27
The Grove at Hickman
2400 Hickman RdDes Moines, IA 50310
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$695 - $850Studio to 2 Bedroom Apartments Available Now
Riverview Oaks Apartments
1420 Pennsylvania AveDes Moines, IA 50316
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$700 - $950Studio to 1 Bedroom Apartments Available Feb 28
Civic Center Court Apartments
200 Grand AveDes Moines, IA 50309
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$710 - $1,450Studio to 2 Bedroom Apartments Available Now
Beaverdale Housing LLC
1417 Beaver AveDes Moines, IA 50311
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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$725 - $1,195Studio to 2 Bedroom Apartments Available Now
Pleasant Court
708-716 16th StDes Moines, IA 50314
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$725 - $1,375Studio to 2 Bedroom Apartments Available Now
East Village Square
333 E Grand AveDes Moines, IA 50309
2303 E 9th St
Des MoinesIA50316
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$730 - $8901 to 2 Bedroom Apartments Available Now
MLK Brickstone Apartments
1051 19th StDes Moines, IA 50314
3225 5th Ave
Des MoinesIA50313
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$750 - $1,2751 to 2 Bedroom Apartments Available Now
Four Seasons Apartments
3003 Woodland AveDes Moines, IA 50312
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$750Studio Apartments Available Now
1217 24th St
1217 24th StDes Moines, IA 50311
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$750
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2 Bedroom Apartment Available NowTotal Monthly Price
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$750
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$750
1604 16th St, Unit Apt 2
1604 16th StDes Moines, IA 50314
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$760 - $940
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$745 - $925
Required Monthly Fees
$15
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$760 - $940
Legacy Meadows
4530 Lower Beaver RdDes Moines, IA 50310
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$785 - $1,325Studio to 2 Bedroom Apartments Available Now
Old Main & Drake Apartments
1217 24th StDes Moines, IA 50311
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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$795 - $1,310
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$790 - $1,305
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$5
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$795 - $1,310
418 East Grand
418 E Grand AveDes Moines, IA 50309
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$795
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2 Bedroom Apartment Available NowTotal Monthly Price
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$795
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$795
1215 23rd St, Unit 1215 23RD apt #3
1215 23rd StDes Moines, IA 50311
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$7952 Bedroom Apartments Available Now
Discover Modern Comfort at Welbeck Apartments ~ Rent Special
2411 Welbeck RdDes Moines, IA 50310
1067 23rd St
Des MoinesIA50311
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$800 - $1,295
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1 to 4 Bedroom Apartments Available NowTotal Monthly Price
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$731 - $1,226
Required Monthly Fees
$69
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$800 - $1,295
New Haven Apartments
2501 24th StDes Moines, IA 50310
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$825 - $1,625
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$785 - $1,585
Required Monthly Fees
$40
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$825 - $1,625
Forest Avenue Village
3201 Forest AveDes Moines, IA 50311
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$829 - $1,668
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Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$829 - $1,668
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$829 - $1,668
The Scott at East Village
700 E 5th StDes Moines, IA 50309
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$835 - $1,020Studio Apartments Contact Us For Availability
Newens Dairy Lofts
2300 E University AveDes Moines, IA 50317
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$845 - $1,0001 Bedroom Apartments Available Now
722 18th St
722 18th StDes Moines, IA 50314
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$855 - $9751 to 2 Bedroom Apartments Available Now
One Month Free - Immediate Move In!
1219 34th StDes Moines, IA 50311
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$8552 Bedroom Apartments Available Now
1809 Arlington Ave
1809 Arlington AveDes Moines, IA 50314
3519 University Ave
Des MoinesIA50311
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$865 - $1,5001 to 2 Bedroom Apartments Available Now
The Elmhurst
833 18th StDes Moines, IA 50314
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$875 - $1,250Studio to 2 Bedroom Apartments Available Now
The Parker @ Seventh
615 Park StDes Moines, IA 50309
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$890 - $1,775
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$885 - $1,770
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$5
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$890 - $1,775
Canary Lofts
2530 University AveDes Moines, IA 50311
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$895 - $1,125Studio to 2 Bedroom Apartments Available Now
E300
300 E Grand AveDes Moines, IA 50309
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$8952 Bedroom Apartments Available Now
1809 Arlington Ave
1809 Arlington AveDes Moines, IA 50314
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$8952 Bedroom Apartments Available Now
4010 University
4010 UniversityDes Moines, IA 50311
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$8952 Bedroom Apartments Available Now
1805 Arlington Ave
1805 Arlington AveDes Moines, IA 50314
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$897 - $1,0152 Bedroom Apartments Available Now
Recently updated apartments near to shopping, dining, and public transportation
3120 Douglas AveDes Moines, IA 50310
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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$899 - $2,897
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$804 - $2,802
Required Monthly Fees
$95
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$899 - $2,897
Velocity
225 E Center StDes Moines, IA 50309
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$900 - $1,0501 to 2 Bedroom Apartments Available Now
University Place Lofts
2328 University AveDes Moines, IA 50311
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$900 - $975
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1 Bedroom Apartments Available NowTotal Monthly Price
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$815 - $890
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$85
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$900 - $975
University Village
2225 University AveDes Moines, IA 50311
2805 Cottage Grove Ave
Des MoinesIA50311
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$9001 Bedroom Apartments Available Feb 28
200 Grand Ave
200 Grand AveDes Moines, IA 50309
2427 Welbeck Rd
Des MoinesIA50310
1111 27th St
Des MoinesIA50311
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$935 - $1,4081 to 3 Bedroom Apartments Available Now
Alley Landing
2701 Douglas AveDes Moines, IA 50310
3914-3916 2nd Ave
Des MoinesIA50313
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$947 - $1,400Studio to 2 Bedroom Apartments Available Now
The Lyon
660 E 5th StDes Moines, IA 50309
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Prospect Park, Des Moines, IA Local Guide
How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park Studio Apartments | $942 | $500 | $3,063 |
| Prospect Park 1 Bedroom Apartments | $1,068 | $597 | $3,102 |
| Prospect Park 2 Bedroom Apartments | $1,201 | $747 | $2,695 |
| Prospect Park 3 Bedroom Apartments | $1,609 | $1,100 | $2,545 |
| Prospect Park 4 Bedroom Apartments | $1,274 | $965 | $1,668 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 98 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Prospect Park, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
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Cheapest Available Prospect Park Apartments for Rent
The cheapest available apartment rental in the Prospect Park area of Des Moines, IA is a Studio unit found at Northtown Apartments priced from $595. Highland Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $597. Here are the most affordable Prospect Park apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northtown Apartments | Studio | Studio,1BA | $595 |
| Highland Park Apartments | Standard 1 Bed | 1BR,1BA | $597 |
| Highland Park Apartments (DSM) | Standard 1 Bed | 1BR,1BA | $597 |
| Village Green | Studio | Studio,1BA | $600 |
| Douglas Oaks | 0BR/1.0BA | Studio,1BA | $650 |
| The Drake | B3 | 1BR,1BA | $680 |
| The Brady Apartments | 0BR/1.0BA | Studio,1BA | $695 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $695 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
Best Value Apartments for Rent in Prospect Park, IA
As of February 22, 2026 the best value apartment in the Prospect Park area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Prospect Park apartment is the 1215 23rd St Model at 1215 23rd St, Unit 1215 23RD apt #3 starting at $795 with a $0.80 price per square foot in the Drake Park neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 1215 23rd St, Unit 1215 23RD apt #3 | 1215 23rd St | 2BR,1BA | $0.80 |
| Clover Creek | 2/1.5 - Classic | 2BR,1.5BA | $0.94 |
| 1604 16th St, Unit Apt 2 | 1604 16th St | 2BR,1BA | $0.92 |
| Skyloft Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Discover Modern Comfort at Welbeck Apartments ~ Rent Special | Legacy 2Br/1Ba | 2BR,1BA | $1.06 |
| Highland Park Apartments (DSM) | Deluxe 1 Bed | 1BR,1BA | $0.95 |
| Highland Park Apartments | Deluxe 1 Bed | 1BR,1BA | $0.95 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.07 |
| Northtown Apartments | Studio | Studio ,1BA | $1.08 |
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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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.
Read ArticleCash 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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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 LifestyleProspect Park, Des Moines, IA
Ranked #28
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Prospect Park, Des Moines, IA
North High School
Des Moines Independent Community School District
Public School - Grades 9-12 (1458)
2 out of 10
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Des Moines. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Prospect Park Apartments
What is a cheap apartment in Prospect Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Park is under $710.
What is the price of a cheap apartment in Prospect Park?
The cheapest apartment in Prospect Park is Highland Park Apartments which is listed at $597, while the average apartment in Prospect Park costs $1,366.
What types of apartments are the cheapest in Prospect 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 14 regular apartments in Prospect 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 Prospect Park?
Cheap apartments in Prospect Park have an average cost of $178 which is $1,188 cheaper than the average rent for all rentals in Prospect Park.
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.