
Cheap Apartments for Rent in the South Park Neighborhood of Des Moines, IA from $500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Park area of Des Moines.


Valley Acres Apartments

Park Forest

Watrous Apartments

Sutton Hill

The Hampton Meadows
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.

McKinley Apartments

Evergreen Terrace

Park Ridge Apartments

Somerset

Flats on 5th

Magnolia Manor Apartments and Townhomes
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.

Rosemont Place

Lyn Crossing

Willow Bend
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
South Park, Des Moines, IA Local Guide

How much does it cost to rent an apartment in South Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Park 1 Bedroom Apartments | $824 | $650 | $1,200 |
| South Park 2 Bedroom Apartments | $1,038 | $685 | $2,300 |
| South Park 3 Bedroom Apartments | $1,225 | $895 | $1,540 |
| South Park 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the South Park Neighborhood of Des Moines, IA.
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South Park, Des Moines, IA Local Guide
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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 $650. Goldbriar Chateau has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable South Park 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 |
| Goldbriar Chateau | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| Ivy II | Classic 2 bed/1.5 bath | 2BR,1BA | $685 |
| The Oaks | 1BR/1.0BA | 1BR,1BA | $700 |
| Park Forest | 1x1 630 | 1BR,1BA | $705 |
| Watrous Apartments | A1 | 1BR,1BA | $705 |
| 1201 E Bell Avenue | One Bedroom Southside of Des Moines *No App Fee* | 1BR,1BA | $725 |
| Sutton Hill | A1 | 1BR,1BA | $740 |
| The Hampton Meadows | A1 - Renovated | 1BR,1BA | $750 |
| The Jefferson | Jefferson 2bedroom | 2BR,1BA | $765 |
Best Value Apartments for Rent in South Park, IA
As of January 02, 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 2323 E Porter Avenue #86 Model at 2323 E Porter Avenue #86 starting at $1,175 with a $0.97 price per square foot in the Southeast Des Moines neighborhood. Here is today’s list of the best values for South Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southern Meadows Homes | Plan B - two story | 3BR,2BA | $0.93 |
| 2323 E Porter Avenue #86 | 2323 E Porter Avenue #86 | 3BR,2BA | $0.97 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Park | 2nd Floor 2/2.0 | 2BR,2BA | $0.88 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
| Willow Bend | 2 Bedroom 2 Bath | 2BR,2BA | $0.98 |
| Evergreen Terrace | 2BR/1BA-Updated | 2BR,1BA | $1.00 |
| McKinley Apartments | 2BD/2BA | 2BR,2BA | $0.89 |
| The Jefferson | Jefferson 2bedroom | 2BR,1BA | $0.90 |
| 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
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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.
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 $650, while the average apartment in South Park costs $1,500.
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 55 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 $410 which is $1,090 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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.























