Cheap Homes for Rent in South Park Neighborhood of Des Moines, IA from $500 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Park 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.

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property at 4925 South Union St

$1,110

Total Monthly Price

Total Monthly Price

Base Rent
$1,110
Total Monthly Price
$1,110

2 Bedroom, 1 Bath Home for Rent

Available Now

4925 South Union St

Des MoinesIA50315

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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property at 2900 SE 10th St

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125
Total Monthly Price
$1,125

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2900 SE 10th St

Des MoinesIA50315

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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Showing Results 1-16, Page 1 of 1

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. McKinley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. 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$650
McKinley Apartments1BD/1BA1BR,1BA$699
Park Forest1x1 6301BR,1BA$705
The Ridges1 Bedroom1BR,1BA$740
The Hampton Meadows1 Bedroom1BR,1BA$750

Best Value Apartments for Rent in South Park, IA

As of May 31, 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 3BR/2.0BA Model at 1201 E Bell Avenue starting at $1,100 with a $0.99 price per square foot in the East 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
1201 E Bell Avenue3BR/2.0BA3BR,2BA$0.99
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Willow Bend2 Bedroom1BR,1BA$0.97
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Park Ridge Apartments2 Bedroom2BR,1BA$1.03
McKinley Apartments1BD/1BA1BR,1BA$1.02
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00

Frequently Asked Questions about South Park

What type of rentals are currently available in South Park?

There are currently 125 Apartments for Rent in South Park, IA with pricing that ranges from $650 to $2,400. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Park ranging from $550 to $2,050.

What is the current price range for Rental Homes in South Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Park ranges from $550 to $2,050 with an average monthly rent of $1,312.

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.