Cheap Apartments for Rent in the South Park Neighborhood of Des Moines, IA from $555 (47 Rentals)

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

property at 1210 West St

$675

1 Bedroom, 1 Bath Rentals

Available Now

1210 West St

Des MoinesIA50315

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.

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Park Ridge Apartments
Rent Specials
$835 - $960
Total Monthly Price

Total Monthly Price

Base Rent
$835 - $960

Total Monthly Price
$835 - $960
1 to 2 Bedroom Apartments Available Now

Park Ridge Apartments

3200 Indianola AveDes Moines, IA 50315
Cost Per Sq.Ft.
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  • Utilities Included

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.

property at 3315 SE 4th St

$1,000

2 Bedroom, 1 Bath Rentals

Available Now

3315 SE 4th St

Des MoinesIA50315
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Meredith Homes
1 to 3 Bedroom Apartments

Meredith Homes

3716 Indianola AveDes Moines, IA 50320
Senior Living
  • Utilities Included

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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Libertad Des Moines
1 to 3 Bedroom Apartments

Libertad Des Moines

4421 SE 14th StDes Moines, IA 50320
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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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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
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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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McKinley Apartments
1 to 3 Bedroom Apartments

McKinley Apartments

315 E McKinley AveDes Moines, IA 50315
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1201 E Bell Avenue
1 to 3 Bedroom Apartments

1201 E Bell Avenue

1201 E Bell AveDes Moines, IA 50315

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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Southview Manor
1 Bedroom Apartments

Southview Manor

2417 SW 9th StDes Moines, IA 50315
Senior Living
  • Utilities Included
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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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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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Christ the King II
2 Bedroom Apartments

Christ the King II

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

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

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.

South Park, Des Moines, IA Local Guide

Cheapest Available South Park Apartments for Rent

 

The cheapest available apartment rental in the South Park area of Des Moines, IA is a 1 Bed unit found at Valley Acres Apartments priced from $675. Park Forest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable South Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Park Forest1x1 6301BR,1BA$705
Watrous ApartmentsA11BR,1BA$712
1201 E Bell Avenue1BR/1.0BA1BR,1BA$725
Sutton HillA11BR,1BA$751
Evergreen Terrace1BR/1BA1BR,1BA$790
MelbourneB2 - 60 - Income Restricted2BR,2BA$813
Rosemont PlaceB22BR,1BA$815
McKinley Apartments3BD/2BA3BR,2BA$825
Willow Bend1 Bedroom1BR,1BA$840

Best Value Apartments for Rent in South Park, IA

As of August 30, 2026 the best value apartment in the South Park area is the $0.93 price per square foot Plan B - two story Model at Southern Meadows Homes in the in the Southwest Des Moines neighborhood starting from $1,275. The second greatest value South Park apartment is the 2-Bedroom Model at Fort Des Moines starting at $975 with a $0.97 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for South Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southern Meadows HomesPlan B - two story3BR,2BA$0.93
Fort Des Moines2-Bedroom2BR,2BA$0.97
Rosemont PlaceB52BR,2BA$0.93
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
McKinley Apartments3BD/2BA3BR,2BA$0.86
The Meadows2 Bedroom2BR,1BA$0.91
Goldbriar Chateau2 Bedroom 1 Bathroom2BR,1BA$0.94
Park Ridge Apartments2 Bedroom2BR,1BA$1.02
Willow Bend1 Bedroom1BR,1BA$1.01
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,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.

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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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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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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including South Park, Des Moines, and the greater Des Moines area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Park Apartments

What is the price of a cheap apartment in South Park?

The cheapest apartment in South Park is Valley Acres Apartments which is listed at $675, while the average apartment in South Park costs $910.

What types of apartments are the cheapest in South Park?

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 12 regular apartments in South Park 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 South Park?

Cheap apartments in South Park have an average cost of $357 which is $553 cheaper than the average rent for all rentals in South Park.

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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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.