Cheap Homes for Rent in South Park Neighborhood of Des Moines, IA from $600 (9 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.

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.

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. 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$650
Park Forest1x1 6301BR,1BA$705
Watrous ApartmentsA11BR,1BA$709

Best Value Apartments for Rent in South Park, IA

As of April 16, 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 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 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
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Park2/2.02BR,2BA$0.78
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Goldbriar Chateau2 Bedroom 1 Bathroom2BR,1BA$0.94
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
1201 E Bell Avenue2BR/1.0BA2BR,1BA$0.94
Lyn Crossing2 Bedroom2BR,1BA$1.04
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 130 Apartments for Rent in South Park, IA with pricing that ranges from $650 to $2,300. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Park ranging from $650 to $2,250.

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 $650 to $2,250 with an average monthly rent of $1,487.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.