Ankeny, IA Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ankeny is $1,385, a 3.24% increase compared to the previous year, when the average rent was $1,342.
One-bedroom apartments provide 728 square feet for $1,158, balancing privacy and affordability.
Two-beedroom units at $1,454 offer 1,076 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,350 sq ft) for $1,698, suitable for larger households.
Average rent in Ankeny, IA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,385 | 975 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,158 | 728 sq. ft. |
| 2 Beds | $1,454 | 1,076 sq. ft. |
| 3 Beds | $1,698 | 1,350 sq. ft. |
Ankeny, IA rent trends
Rental prices in Ankeny, IA have increased by 3.24% over the past year. The average rent moved from $1,342 to $1,385.
What's the typical rent budget in Ankeny, IA?
The largest share of rentals in Ankeny, IA (57%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ankeny, IA?
7,965 or 29% of the households in Ankeny, IA are renter-occupied while 19,528 or 71% are owner-occupied.
How Ankeny Compares to Other Cities
| City | Average Rent |
|---|---|
| Ankeny | $1,385 |
| Des Moines | $1,097 |
| Waukee | $1,426 |
| West Des Moines | $1,270 |
| Ames | $1,401 |
| Cedar Rapids | $1,066 |
| Iowa City | $1,507 |
| Davenport | $994 |
| Council Bluffs | $1,237 |
| Bettendorf | $1,328 |
| Urbandale, IA | $1,024 |
| Grimes, IA | $1,341 |
| Johnston, IA | $1,383 |
| Altoona, IA | $1,265 |
| Norwalk, IA | $1,209 |
| Clive, IA | $1,243 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ankeny apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.