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Cheap Apartments for Rent in Des Moines, IA - 87 Rentals available

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Des Moines’s average rent reached $914 in December

Des Moines’s average rent reached $914 in December, after a 0.8% increase since last year. One of Iowa’s largest job hubs, with 40% renter households, Des Moines is a desirable place to live and work in, with apartment prices well below the national average of $1,462. [View Full Report]

Des Moines City apartment rent report

Des Moines’s average rent was $914 in December

Des Moines’s average rent reached $914 in December, after a 0.8% increase since last year. One of Iowa’s largest job hubs, with 40% renter households, Des Moines is a desirable place to live and work in, with apartment prices well below the national average of $1,462.

The average rent for an apartment in Des Moines saw an increase, while in West Des Moines ($994) and Ankeny ($1,085), rent went down by 0.5% and 1.1%, respectively.

Des Moines apartment rent report

What it costs to rent in the Des Moines metro area

Despite a 0.5% decrease, Urbandale rentals are the most budget-friendly option in the Des Moines area, with an average price of $846. At $952 a month, following a 0.3% increase, renting in Altoona is the third best option, following Des Moines, which comes in second. In Johnston, apartments go for $1,172 after a 3.3% yearly increase.

Des Moines apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Des Moines, IA?

The price range of a cheap apartment is between $685 and $1,258. Find cheap apartments in Des Moines, IA.

How many cheap rentals are available in Des Moines, IA on RENTCafé?

There are 45 cheap rentals available on RENTCafé. Prices and availability in Des Moines, IA were last updated on 14 Jan 2021.

What is the average size of a cheap apartment in Des Moines, IA?

The average Des Moines, IA cheap apartment size is 782 sq. ft.

What are the advantages of renting a cheap apartment in Des Moines, IA?

Cheap apartments in Des Moines, IA are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Des Moines, IA?

A cheap apartment in Des Moines, IA offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Des Moines, IA.

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 Population215,932
  • Female 106,266
    Male 109,666
  • Median Age33.9

Average Rent in Des Moines, IA

  • Des Moines, IA Average Rental Price, October 2020 $913 /mo

    Des Moines, IA Apartment Rent Ranges

    • < $5001%
    • $501-$70023%
    • $701-$1,00050%
    • $1,001-$1,50020%
    • $1,501-$2,0005%
    • > $2,0001%

    Des Moines, IA Rent Trends

    Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
    Des Moines, IA $886 $887 $892 $895 $897 $901 $910 $894 $905 $902 $913
    National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
    /

    Check out the average rent prices in Des Moines by neighborhood.

    Des Moines, IA Households

    • Total Number of Households84,140
    • Family 47,987
      Non-family 36,153
    • Children 26,492
      No Children 57,648
    • Average People Per Household2.5
    • Median Household Income$52,251
    • Median Housing Costs Per Month$910

    Des Moines, IA Education Statistics

    • No High School6%
    • Some High School37%
    • Some College25%
    • Associate Degree8%
    • Bachelor Degree17%
    • Graduate Degree7%

    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 87 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 $913 per month so any rental south of $730 would be considered cheap here. On RENTCafé, Des Moines, IA rents go as low as $600/mo.

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