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Apartments Under $500 in Des Moines, IA

1 - 3 of 3 Results
11
$ Ask - 1,010
Park Winds
3608 E. Douglas Avenue Des Moines, IA
2 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Income Restricted
Section 8
1
$470
Bloomsbury Village
1440-1450 E Grand Ave Des Moines, IA
1 BR | Ask for Availability
Contact
Income Restricted
Air Conditioning
Fitness Center
Dishwasher
Capitol East
1
$500
East Village Park Apartments
1400 E Walnut Street, #100 Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Capitol East
1 - 3 of 3 Results

All Apartments in Des Moines, IA

30 Results
35
$900 - 1,425
915 Mulberry
Des Moines, IA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
10
$815 - 890
Old Main Apartments
1217 24th St Des Moines, IA
Studio - 1 BR | Available Now
Contact
Cat Friendly
Section 8
Storage
Disability Access
Dishwasher
19
$810 - 1,250
418 East Grand
418 E Grand Ave Des Moines, IA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
1
$2,250
Beautiful Furnished 2-bed, 2-bath Condo In The Heart Of Downtown Des Moines
301 400 Walnut St Des Moines, IA
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
1
$1,045 - 1,150
36 Plex - Village Green Apartments
4532, 4534 & 4536 Douglas Avenue Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
4
$799
Limited Time Offer! Reduced Rents + Your Choice Of One Month Free Or An $800 Laundry Card!
4671 NW 50th St Unit B Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$1,395 - 1,550
Wellsport/portswell - Large Luxurious Living Spaces!
641 19th St / 1821 Woodland Ave Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Sherman Hill
7
$785 - 795
311/315 E McKinley Ave
Des Moines, IA
1 - 2 BR | Available Now
Contact
2
$1,050
1534 Woodland Ave
Des Moines, IA
2 BR | May. 15, 2026
Contact
Cat Friendly
Air Conditioning
Storage
Dishwasher
Sherman Hill
17
$774 - 1,339
The Des Moines Building
405 6th Ave Des Moines, IA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
21
$1,125
Forest Ave - Luxury Off-campus Housing!
3103 Forest Ave Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Drake
0
$895 - 950
University West Apartments
4010 University Ave Des Moines, IA
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Disability Access
Dishwasher
17
$1,095 - 1,600
Park Indy Rowhomes!
3130 Indianola Ave Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,150
Southern Horizon By Kading
7438 Meadow Lands Dr Des Moines, IA
3 BR | May. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
4
$799
Limited Time Offer! Reduced Rents + Your Choice Of One Month Free Or An $800 Laundry Card!
4671 NW 50th St Unit K Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$875 - 1,085
Ingersoll Flats - Urban Living!
2714 Ingersoll Ave Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
College
1
$700
Civic Center Court Apartments
200 Grand Ave Des Moines, IA
Studio | Available Now
Contact
Cat Friendly
Luxury
Section 8
Storage
Disability Access
1
$1,295
757-759 17th St
Des Moines, IA
2 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Sherman Hill
1
$1,195
4823 NW Aurora Ave
Des Moines, IA
2 BR | Apr. 10, 2026
Contact
Dishwasher
1
$775
711 Bancroft
711 Bancroft St Des Moines, IA
1 BR | Ask for Availability
Contact
1
$990
Euclid Foresight - Apartments With Modern Charm!
413 Euclid Ave Des Moines, IA
Studio | Available Now
Contact
Cat Friendly
Columbia Heights
1
$1,445
3 Bedroom, 1 Bathroom Home With Garage!
2237 S Union St Des Moines, IA
3 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Indianola Hills
1
$1,200
701 Monona Ave
Des Moines, IA
2 BR | Available Now
Contact
0
$1,195
Alta Casa - A Modern Hideaway!
3927 Ingersoll Ave Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Ashworth Oaks
$1,200
703 Monona Ave
Des Moines, IA
2 BR | Available Now
Contact
$1,200
700 Monona Ave
Des Moines, IA
2 BR | Ask for Availability
Contact
13
$780 - 1,340
The Aspen
1646 Hull Ave Des Moines, IA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
29
$1,035 - 1,427
Crosswinds Apartments
1646 Hull Avenue E. Des Moines, IA
2 - 3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
6
$1,300
The Winford Apartments
851 19th St Des Moines, IA
1 BR | Apr. 10, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
5
$725
Capitol Heights
1424 E Walnut Des Moines, IA
1 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Capitol East
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  2. Des Moines
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Des Moines, IA on Rentable.co?

There are 3 apartments under $500 in Des Moines currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Des Moines?

Rentable.co has 3 studio apartments under $500 available for rent in Des Moines.

How many one-bedroom apartments under $500 are available in Des Moines?

Rentable.co has 33 one-bedroom apartments under $500 available for rent in Des Moines.

How many two-bedroom apartments under $500 are available in Des Moines?

Rentable.co has 10 two-bedroom apartments under $500 available for rent in Des Moines.

Can I afford a apartment under $500 in Des Moines, IA?

To comfortably afford a apartment under $500 in Des Moines based on average rent prices, a household would need an annual income of $20,000.

Which neighborhoods have the most apartments under $500 for rent in Des Moines, IA?

  1. Capitol East
  2. Somerset
  3. Southridge
  4. Drake University

Apartments Under $500 in Des Moines, IA: April Rental Information

Welcome to the April 2026 Des Moines Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2026 key findings and figures for the Des Moines rental landscape.

Our experts analyze the inventory trends for apartments under $500 - overall market rent-distribution, availability by bedroom count, and month-over-month comparisons - in Des Moines and surrounding areas. This summary provides prospective renters with valuable insights into rent prices and availability for affordable apartments in Des Moines. Additionally, it offers information about the features, amenities, and location options for apartments under $500 in the area.
0 12 25 37 50 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680 $1,760
This month, the typical cost to rent a one-bedroom apartment in Des Moines stands at $1,000, with the majority falling between $640 and $1,850. Out of the 2,914 one-bedroom apartments currently on the market in Des Moines, 33 are priced below $500, accounting for 1% of the total available one-bedroom units in Des Moines.

Available Apartments Under $500: Des Moines vs. Surrounding Areas

Des Moines, IA
6
The chart above provides a snapshot of the number of available apartments under $500 in the Des Moines, IA metro area for the month of April, 2026. It includes data for Des Moines as well as several surrounding cities, such as Mitchellville, Granger, Bondurant, Urbandale, Carlisle, Van Meter, Norwalk, Waukee, Indianola, Clive, West Des Moines, Johnston, Pleasant Hill, Windsor Heights, Prairie City, Adel, Altoona, Ankeny, Baxter, Dallas Center, and Grimes. The chart shows the total inventory of apartments under $500 across the metro area, giving prospective renters an idea of the affordability and availability of rental units in this price range.

Apartments Under $500 Now vs. Last Month: Des Moines and Surrounding Areas

City Apartments Under $500 in April M/M % Change
Des Moines, IA 6 +0.94%
Ankeny, IA 3 +1.06%
West Des Moines, IA 2 +0.92%
Urbandale, IA 1 +1.0%
Baxter, IA 1 +1.0%
Waukee, IA 1 +1.0%
Adel, IA 1 +1.0%
Clive, IA 0 +1.67%

Looking for Apartments Under $500 in Des Moines?

Available apartments under $500 52
Top amenities On Site Laundry, Refrigerator, Range / Oven, Microwave, High Speed Internet
Pet friendly 4
Utilities included 1
Studio 3
1 Bedroom 3
2 Bedroom 1

Where are Des Moines Apartments Under $500?

Top Neighborhoods Capitol east, Somerset, Southridge, Drake university
Capitol East 2
Somerset 1
Southridge 1
Drake University 1
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