
Cheap Homes for Rent in Prospect Park Neighborhood of Des Moines, IA from $400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Des Moines.


3721 Cottage Grove Ave

1326 E 9th St

2826 Oxford St

1000 24th St

1000 24th St

702 20th St

1000 24th St

1314 22nd St

3120 Cottage Grove Ave

2342 E 13th St

1334 32nd St

1334 32nd St
Prospect Park, Des Moines, IA Local Guide

How much does it cost to rent a home in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 2 Bedroom Homes for Rent | $1,131 | $795 | $1,900 |
| Prospect Park 3 Bedroom Homes for Rent | $1,735 | $850 | $3,095 |
| Prospect Park 4 Bedroom Homes for Rent | $1,965 | $1,750 | $2,195 |
| Prospect Park 5 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Des Moines, IA.
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Prospect Park, Des Moines, IA Local Guide
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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. The Flats on 21st has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. 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 |
| The Flats on 21st | 1 Bedroom | 1BR,1BA | $595 |
| Highland Park Apartments (DSM) | Standard 1 Bed | 1BR,1BA | $597 |
| Highland Park Apartments | Standard 1 Bed | 1BR,1BA | $597 |
| Village Green | Studio | Studio,1BA | $600 |
Best Value Apartments for Rent in Prospect Park, IA
As of November 14, 2025 the best value apartment in the Prospect Park area is the $0.89 price per square foot 2 BR/ 1 BA Model at 3614 6th Ave in the in the Grandview College Area neighborhood starting from $1,395. The second greatest value Prospect Park apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines 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. |
|---|---|---|---|
| 3614 6th Ave | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| 3120 Cottage Grove Ave, Unit Apt 2 | 3120 Cottage Grove Ave | 1BR,1BA | $0.81 |
| 713 20th St, Unit 1915-2 | 713 20th St | 2BR,1BA | $1.00 |
| Discover Modern Comfort at Welbeck Apartments | Legacy 2Br/1Ba | 2BR,1BA | $1.06 |
| Highland Park Apartments (DSM) | Standard 2 Bed | 2BR,1BA | $1.04 |
| Highland Park Apartments | Standard 2 Bed | 2BR,1BA | $1.04 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.07 |
| The Flats on 21st | 1 Bedroom | 1BR,1BA | $0.99 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleProspect Park, Des Moines, IA
Ranked #31
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
School data provided by Great Schools
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 442 Apartments for Rent in Prospect Park, IA with pricing that ranges from $500 to $3,166. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $450 to $3,095.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $450 to $3,095 with an average monthly rent of $1,383.
How much are larger Three and Four Bedroom Rentals in Prospect Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Park range from $1,065 to $3,166, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $965.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

