
Cheap Apartments for Rent in the Somerset Neighborhood of Des Moines, IA from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Somerset area of Des Moines.


Melbourne

The Oaks

Meredith Homes

Cedar Crest Apartments
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.

Libertad Des Moines

South View Apartments LLC

The Quarters on 9th

920 Meadow Ln

Southern Park Apartments
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.
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 | $800 | $800 | $800 |
| Somerset 1 Bedroom Apartments | $793 | $650 | $1,200 |
| Somerset 2 Bedroom Apartments | $913 | $682 | $1,450 |
| Somerset 3 Bedroom Apartments | $1,129 | $895 | $1,350 |
Browse Apartments in this Neighborhood
There are currently 10 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $650. Melbourne has the second lowest priced unit, which is a 2 Beds apartment currently listed from $682. 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 | $650 |
| Melbourne | B7 - 40 - Income Restricted | 2BR,2BA | $682 |
| The Oaks | 1BR/1.0BA | 1BR,1BA | $700 |
Best Value Apartments for Rent in Somerset, IA
As of February 01, 2026 the best value apartment in the Somerset area is the $0.97 price per square foot 2323 E Porter Avenue #86 Model at 2323 E Porter Avenue #86 in the in the Southeast Des Moines neighborhood starting from $1,175. The second greatest value Somerset apartment is the 3 Bedroom - TH Model at The Meadows starting at $1,200 with a $1.04 price per square foot in the Somerset neighborhood. 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. |
|---|---|---|---|
| 2323 E Porter Avenue #86 | 2323 E Porter Avenue #86 | 3BR,2BA | $0.97 |
| The Meadows | 3 Bedroom - TH | 3BR,2BA | $1.04 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Park | 2nd Floor 2/2.0 | 2BR,2BA | $0.80 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
| McKinley Apartments | 3BD/2BA | 3BR,2BA | $0.94 |
| Willow Bend | 2 Bedroom 2 Bath | 2BR,2BA | $0.98 |
| The Ridges | B1 - Renovated | 2BR,1BA | $0.99 |
| The Jefferson | Jefferson 2 Bed 1 Bath Renovated | 2BR,1BA | $0.92 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.00 |
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 ArticleThe 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.
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 #54
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $650, while the average apartment in Somerset costs $1,050.
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 54 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 $407 which is $643 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.

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.

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.