Cheap Apartments for Rent in the Somerset Neighborhood of Des Moines, IA from $500 (49 Rentals)

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

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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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
Senior Living
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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

3722-3726 SE 14th StDes Moines, IA 50320
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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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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
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The Quarters on 9th
Studio to 2 Bedroom Apartments

The Quarters on 9th

5209 SW 9th StDes Moines, IA 50315
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920 Meadow Ln
2 to 3 Bedroom Apartments

920 Meadow Ln

920 Meadow LnDes Moines, IA 50315
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Community Homes
1 to 3 Bedroom Apartments

Community Homes

5301 SW 9th StDes Moines, IA 50315
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Melbourne IV 55+ Living
1 to 2 Bedroom Apartments

Melbourne IV 55+ Living

5514 SE 14th StDes Moines, IA 50320
Senior Living
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6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315
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McKinley Apartments
1 to 3 Bedroom Apartments

McKinley Apartments

315 E McKinley AveDes Moines, IA 50315
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
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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.

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Christ the King II
2 Bedroom Apartments

Christ the King II

5602 SW 9th StDes Moines, IA 50315
Senior Living
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320
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Shelly Rose Estates
1 Bedroom Apartments

Shelly Rose Estates

3721 Indianola AveDes Moines, IA 50320
Senior Living
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Stanton Apartments
1 to 2 Bedroom Apartments

Stanton Apartments

2200 Stanton AveDes Moines, IA 50321
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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.

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Flats on 5th
1 to 2 Bedroom Apartments

Flats on 5th

7109 SE 5th StDes Moines, IA 50315

Somerset, Des Moines, IA Local Guide

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. Ivy II has the second lowest priced unit, which is a 2 Beds apartment currently listed from $747. Here are the most affordable Somerset apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Ivy IIClassic 2 bed/1 bath2BR,1BA$747
The Hampton Meadows1 Bedroom1BR,1BA$750
Watrous ApartmentsA11BR,1BA$750
Wakonda Village Apartments and ManorS1PwvStudio,1BA$765
McKinley ApartmentsMcKinley Apartments - LIMITED TIME SPECIAL PRIC...2BR,2BA$785
SunburstOne Bedroom1BR,1BA$810
Elmcrest1 Bedroom1BR,1BA$845
Fort Des Moines1-Bedroom1BR,1BA$850
The Meadows2 Bedroom2BR,1BA$850

Best Value Apartments for Rent in Somerset, IA

As of June 21, 2026 the best value apartment in the Somerset area is the $1.06 price per square foot 3 Bedroom Model at The Vineyards in the in the Southeast Des Moines neighborhood starting from $1,295. The second greatest value Somerset apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Vineyards3 Bedroom3BR,2BA$1.06
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Carman Estates2 Bedroom2BR,2BA$1.18
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
McKinley Apartments3BD/1.5BA3BR,1.5BA$0.94
Willow Bend2 Bedroom1BR,1BA$1.07
Ivy IIClassic 2 bed/1 bath2BR,1BA$1.00
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00
Watrous ApartmentsA11BR,1BA$1.15

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.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Somerset, Des Moines, IA

Ranked #51

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,395.

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 11 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 $199 which is $1,196 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

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.