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Cheap Apartments for Rent in Des Moines, IA - 76 Rentals available

Apartments Under $500

Apartments Under $600

  • Apartment
    6239 Southeast 5Th Street, Des Moines, IA 50315
    $575 - $685
    • 1-2 Beds
    • 1 Bath
    PLAZA VIEW COOP
    Available Today!
    (515) 809-0059
  • Apartment
    1800 Watrous Avenue, Des Moines, IA 50315
    See current rent specials
    $591 - $1,123
    • Studio-2 Beds
    • 1 Bath
    BH Management Services, LLC
    Available Today!
    (833) 687-2585

Apartments Under $700

Apartments Under $800

Apartments Under $900

Apartments Under $1,000

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Renting a Cheap Apartment in Des Moines

The largest city and capital of Iowa, Des Moines is the home for numerous major American insurance companies. Located on the Des Moines River, the city was founded first as a military fort. Health care and finance are other major industries. Ranked highly as a place to build a successful career, Des Moines is family-centric. Fighting back against rumors to the contrary, a website called “Des Moines is Not Boring” highlights the city’s fun and edgy side, including nightlife and restaurants. Development of downtown lofts and condos and the East Village, between the statehouse and the river, are currently trendy housing options.

Des Moines, IA Demographics

  • Total Population214,778
  • Female 105,981
    Male 108,797
  • Median Age33.9

Average Rent in Des Moines, IA

  • Des Moines, IA Average Rental Price, December 2019 $897 /mo

    Des Moines, IA Apartment Rent Ranges

    • < $5001%
    • $501-$70027%
    • $701-$1,00045%
    • $1,001-$1,50021%
    • $1,501-$2,0005%
    • > $2,0001%

    Des Moines, IA Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
    Des Moines, IA $830 $868 $880 $886 $887 $892 $895 $897 $901 $894 $897
    National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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    Des Moines, IA Households

    • Total Number of Households83,916
    • Family 48,573
      Non-family 35,343
    • Children 26,824
      No Children 57,092
    • Average People Per Household2.5
    • Median Household Income$49,999
    • Median Housing Costs Per Month$885

    Des Moines, IA Education Statistics

    • No High School5%
    • Some High School38%
    • Some College26%
    • Associate Degree8%
    • Bachelor Degree16%
    • Graduate Degree6%

    Looking for a cheap apartment for rent in Des Moines, IA? With RENTCafé, finding an affordable apartment in Des Moines, IA has never been easier. We feature 77 low-priced rentals directly from property managers, with rents lower than the Des Moines, IA average. What is a cheap rent in Des Moines, IA? The average apartment rent in Des Moines is $897 per month so any rental south of $718 would be considered cheap here. On RENTCafé, Des Moines, IA rents go as low as $470/mo.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!