Cheap Apartments for Rent in the Sherman Hill Neighborhood of Des Moines, IA from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherman Hill 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.

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property at 611 19th St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

611 19th St

Des MoinesIA50309
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Harrington Studios
Studio Apartments

Harrington Studios

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

Twin Manor

720 17th StDes Moines, IA 50314
  • Utilities Included

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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The Brady Apartments
Studio to 1 Bedroom Apartments

The Brady Apartments

650 16th StDes Moines, IA 50314
  • Utilities Included
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933 18th St
1 Bedroom Apartments

933 18th St

933 18th StDes Moines, IA 50314
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718 18th St
1 Bedroom Apartments

718 18th St

718 18th StDes Moines, IA 50314
  • Utilities Included
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Flats on Pleasant
1 to 2 Bedroom Apartments

Flats on Pleasant

1913-1915 Pleasant StDes Moines, IA 50314

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.

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Showing Results 1-24, Page 1 of 1

Cheapest Available Sherman Hill Apartments for Rent

 

The cheapest available apartment rental in the Sherman Hill area of Des Moines, IA is a Studio unit found at The Concord Building priced from $630. 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
The Concord BuildingStudioStudio,1BA$630
The Brady Apartments0BR/1.0BAStudio,1BA$695
Pleasant CourtStudioStudio,1BA$725
722 18th St1x11BR,1BA$845
933 18th StThe Olive1BR,1BA$850

Best Value Apartments for Rent in Sherman Hill, IA

As of May 08, 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 The Olive Model at 933 18th St starting at $850 with a $1.06 price per square foot in the Downtown 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
933 18th StThe Olive1BR,1BA$1.06
Historic Wellsport Portwell Flats1X11BR,1BA$1.13
722 18th St1x11BR,1BA$1.21
High Street BrickstoneOne Bedroom1BR,1BA$1.26
Ingersoll Square Lofts2A21BR,1BA$1.96
High Street LoftsEast Building - 1 Bedroom 1 Bathroom1BR,1BA$1.90
The Concord BuildingStudioStudio ,1BA$1.20
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 Pleasant Court which is listed at $799, while the average apartment in Sherman Hill costs $1,287.

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 2 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.