
Cheap Apartments for Rent in the Somerset Neighborhood of Des Moines, IA from $555 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Somerset area of Des Moines.


Valley Acres Apartments

1210 West St

The Ridges

Ivy II

The Hampton Meadows

Watrous Apartments

Wakonda Village

Sunburst
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Melbourne

Willow Bend

Magnolia Park

The Oaks

Elmcrest

Finn Apartments

Lyn Crossing

The Jefferson

Magnolia Manor Apartments and Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Somerset

4800 SW 3rd St

332 McKinley Ave

3812 SW 12th St

502 Hart Ave

Carman Estates

The Vineyards

3810-3812 SW 3rd St

Meredith Homes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Libertad Des Moines

South View Apartments

Cedar Crest Apartments

The Quarters on 9th

920 Meadow Ln

Southern Park Apartments

Community Homes

McKinley Apartments

6920 SW 9th St
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.

Melbourne IV 55+ Living

Southridge Senior Lofts

Christ the King II

The Meadows

Shelly Rose Estates

Southwinds Apartments

Brookside Apartments

Stanton Apartments

1321 Army Post Rd
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.

Meadow Cove

7106 SW 16th St
Somerset, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Somerset?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Somerset Studio Apartments | $797 | $720 | $850 |
| Somerset 1 Bedroom Apartments | $861 | $675 | $1,203 |
| Somerset 2 Bedroom Apartments | $969 | $747 | $1,433 |
| Somerset 3 Bedroom Apartments | $1,294 | $1,175 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Somerset Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Somerset, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
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Cheapest Available Somerset Apartments for Rent
 The cheapest available apartment rental in the Somerset area of Des Moines, IA is a 1 Bed unit found at Valley Acres Apartments priced from $675. McKinley Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Somerset apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $675 |
| McKinley Apartments | 2BD/2BA | 2BR, 2BA | $725 |
| The Ridges | 1 Bedroom | 1BR, 1BA | $740 |
| Ivy II | Classic 2 bed/1 bath | 2BR, 1BA | $747 |
| Watrous Apartments | A1 | 1BR, 1BA | $750 |
| Wakonda Village | Adel | 1BR, 1BA | $780 |
| Goldbriar Chateau | 2 Bedroom 1 Bathroom | 2BR, 1BA | $795 |
| Melbourne | B2 - 60 - Income Restricted | 2BR, 2BA | $813 |
| Willow Bend | 1 Bedroom | 1BR, 1BA | $840 |
| Elmcrest | 1 Bedroom | 1BR, 1BA | $845 |
Best Value Apartments for Rent in Somerset, IA
As of September 20, 2026 the best value apartment in the Somerset area is the $1.04 price per square foot 3 Bedroom - TH Model at The Meadows in the Somerset neighborhood starting from $1,200. The second greatest value Somerset apartment is the 2-Bedroom Model at Fort Des Moines in the Southwest Des Moines neighborhood starting at $975 with a $0.97 price per square foot. Here is today’s list of the best values for Somerset apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Meadows | 3 Bedroom - TH | 3BR, 2BA | $1.04 |
| Fort Des Moines | 2-Bedroom | 2BR, 2BA | $0.97 |
| Magnolia Park | 2 Bed /2 Bath | 2BR, 2BA | $0.85 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR, 1BA | $0.93 |
| McKinley Apartments | 3BD/2BA | 3BR, 2BA | $0.86 |
| Willow Bend | 2 Bedroom 2 Bath | 2BR, 2BA | $1.03 |
| Goldbriar Chateau | 2 Bedroom 1 Bathroom | 2BR, 1BA | $0.88 |
| Sunburst | Two Bedroom-One Bath | 2BR, 1BA | $1.15 |
| Ivy II | Classic 2 bed/1.5 bath | 2BR, 1.5BA | $1.06 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.04 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleSomerset, Des Moines, IA
Ranked #53
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Des Moines. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Somerset Apartments
What is the price of a cheap apartment in Somerset?
The cheapest apartment in Somerset is Valley Acres Apartments which is listed at $675, while the average apartment in Somerset costs $910.
What types of apartments are the cheapest in Somerset?
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 Somerset 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 Somerset?
Cheap apartments in Somerset have an average cost of $243 which is $667 cheaper than the average rent for all rentals in Somerset.
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.