Cheap Apartments for Rent in the Sherman Hill Neighborhood of Des Moines, IA from $500 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherman Hill area of Des Moines.

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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1605 Center St
Studio Apartments

1605 Center St

1605 Center StDes Moines, IA 50314
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933 18th St
Studio Apartments

933 18th St

933 18th StDes Moines, IA 50314
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Murillo Flats
2 Bedroom Apartments

Murillo Flats

611 16th StDes Moines, IA 50314

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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685 19th St
Studio Apartments

685 19th St

685 19th StDes Moines, IA 50314
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707 18th St
Studio Apartments

707 18th St

707 18th StDes Moines, IA 50314
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818 18th St
Studio Apartments

818 18th St

818 18th StDes Moines, IA 50314
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669 17th St
Studio Apartments

669 17th St

669 17th StDes Moines, IA 50314

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Concord Apartments
Studio Apartments

Concord Apartments

732 18th StDes Moines, IA 50314
Corporate Housing
  • Utilities Included
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Flats on Pleasant
1 to 2 Bedroom Apartments

Flats on Pleasant

1913-1915 Pleasant StDes Moines, IA 50314
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Harrington Studios
Studio Apartments

Harrington Studios

677 16th StDes Moines, IA 50314
  • Utilities Included
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The Brady Apartments
Studio to 1 Bedroom Apartments

The Brady Apartments

650 16th StDes Moines, IA 50314
  • Utilities Included

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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Castle
Studio to 1 Bedroom Apartments

Castle

743 19th PlDes Moines, IA 50314
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739 17th St
Studio Apartments

739 17th St

739 17th StDes Moines, IA 50314

Cheapest Available Sherman Hill Apartments for Rent

 

The cheapest available apartment rental in the Sherman Hill area of Des Moines, IA is a 1 Bed unit found at Stockbridge Apartments priced from $650. The Brady Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Sherman Hill apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Stockbridge Apartments1x1 670-7001BR,1BA$650
The Brady Apartments0BR/1.0BAStudio,1BA$695
Pleasant CourtStudioStudio,1BA$725
Woodland Avenue Brickstone1x1 6301BR,1BA$775
722 18th St1x11BR,1BA$845
The ElmhurstModel C1BR,1BA$865
High Street BrickstoneOne Bedroom1BR,1BA$885
Ingersoll Square LoftsPhase I A1Studio,1BA$995
High Street LoftsEast Building - 1 Bedroom 1 Bathroom1BR,1BA$1,195

Best Value Apartments for Rent in Sherman Hill, IA

As of January 25, 2026 the best value apartment in the Sherman Hill 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 Sherman Hill apartment is the 2x1 850 Model at Woodland Avenue Brickstone starting at $1,100 with a $1.19 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Sherman Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
Woodland Avenue Brickstone2x1 8502BR,1BA$1.19
713 20th St, Unit 1915-2713 20th St2BR,1BA$1.00
High Street BrickstoneOne Bedroom1BR,1BA$1.26
722 18th St1x11BR,1BA$1.21
Stockbridge Apartments1x1 670-7001BR,1BA$0.93
Ingersoll Square Lofts2A21BR,1BA$1.96
High Street LoftsEast Building - 1 Bedroom 1 Bathroom1BR,1BA$1.89
The Brady Apartments0BR/1.0BAStudio ,1BA$1.43
Pleasant CourtStudioStudio ,1BA$1.81

Frequently Asked Questions about Cheap Sherman Hill Apartments

What is the price of a cheap apartment in Sherman Hill?

The cheapest apartment in Sherman Hill is Stockbridge Apartments which is listed at $650, while the average apartment in Sherman Hill costs $1,195.

What types of apartments are the cheapest in Sherman Hill?

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 3 regular apartments in Sherman Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.