Cheap Apartments for Rent in the Wood's Edge Neighborhood of Des Moines, IA from $500 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Wood's Edge 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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Park Ridge Apartments
Rent Specials
$825 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,300

Total Monthly Price
$825 - $1,300
2 to 3 Bedroom Apartments Available Now

Park Ridge Apartments

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

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.

property at 1909 E Creston Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1909 E Creston Ave

Des MoinesIA50320
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
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Cedar Crest Apartments
2 Bedroom Apartments

Cedar Crest Apartments

3722-3726 SE 14th StDes Moines, IA 50320
  • Utilities Included

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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South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
  • Utilities Included
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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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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
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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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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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Shelly Rose Estates
1 Bedroom Apartments

Shelly Rose Estates

3721 Indianola AveDes Moines, IA 50320
Senior Living
  • Utilities Included

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.

Wood's Edge, Des Moines, IA Local Guide

Cheapest Available Wood's Edge Apartments for Rent

 

The cheapest available apartment rental in the Wood's Edge area of Des Moines, IA is a 1 Bed unit found at Pioneer Estates priced from $699. Park Forest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Wood's Edge apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Pioneer EstatesB11BR,1BA$699
Park Forest1x1 6301BR,1BA$705
1201 E Bell Avenue1BR/1.0BA1BR,1BA$725
Ivy IIElevated 1 bed/1 bath2BR,1BA$747
Sutton HillA11BR,1BA$769
MelbourneA1 - 40 - Income Restricted1BR,1BA$773
McKinley Apartments2BD/2BA2BR,2BA$785
Park Ridge Apartments2 Bedroom2BR,1BA$825
Elmcrest1 Bedroom1BR,1BA$845
Evergreen Terrace2BR/1BA2BR,1BA$870

Best Value Apartments for Rent in Wood's Edge, IA

As of July 14, 2026 the best value apartment in the Wood's Edge 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 Wood's Edge apartment is the 2 Bedroom Model at Magnolia Manor Apartments and Townhomes starting at $895 with a $0.93 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Wood's Edge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southern Meadows HomesPlan B - two story3BR,2BA$0.93
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
McKinley Apartments3BD/1.5BA3BR,1.5BA$0.94
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Park Ridge Apartments2 Bedroom2BR,1BA$0.97
The JeffersonJefferson 2 Bed 1 Bath Renovated2BR,1BA$1.04
Woodside Park Apartments2 Bed A2BR,1BA$1.06
Ivy IIElevated 1 bed/1 bath1BR,1BA$1.07
1201 E Bell Avenue1BR/1.0BA1BR,1BA$1.09
Park Forest1x1 6301BR,1BA$1.12

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 works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Iowa including Wood's Edge, 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 proximity to parks, luxury amenities, multifamily communities for the kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Wood's Edge Apartments

What is the price of a cheap apartment in Wood's Edge?

The cheapest apartment in Wood's Edge is Pioneer Estates which is listed at $699, while the average apartment in Wood's Edge costs $1,300.

What types of apartments are the cheapest in Wood's Edge?

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 27 regular apartments in Wood's Edge 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 Wood's Edge?

Cheap apartments in Wood's Edge have an average cost of $411 which is $889 cheaper than the average rent for all rentals in Wood's Edge.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.