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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
1
$920
Fleur MHC, LLC
7301 Fleur Dr Des Moines, IA
2 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
35
$1,100 - 1,425
915 Mulberry
Des Moines, IA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
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
$1,345
Recently Remodeled 3 Bedroom, Large Kitchen
3712 E Sheridan Ave Des Moines, IA
3 BR | Dec. 31, 2025
Contact
House
Storage
1
$1,250
Southern Horizon By Kading
7438 Meadow Lands Dr Des Moines, IA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$950 - 975
Discounted Rent For The Month Of December - Immediate Move In!
1219 34th St Des Moines, IA
2 BR | Available Now
Contact
Woodland Heights
0
$1,035
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
6
$895 - 945
Recently Updated Apartments Near To Shopping, Dining, And Public Transportation
3000-3120 Douglas Ave Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Euclid Heights
1
$1,095
1 Bedroom, 1 Bathroom Home Near Iowa State Fairgrounds
3220 E University Ave Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$995
1534 Woodland Ave
Des Moines, IA
2 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Dishwasher
Sherman Hill
0
$1,540
631, 639, 701 E Hughes
Des Moines, IA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
0
$895
University West Apartments
4010 University Ave Des Moines, IA
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Disability Access
Dishwasher
21
$1,125 - 1,550
Forest Ave - Luxury Off-campus Housing!
3103 Forest Ave Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Drake
1
$795
739 17Th St
Des Moines, IA
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
1
$1,095
Move In Special! Beautifully Renovated East Side Home With 2+ Car Detached Garage!
1254 E 24th St Des Moines, IA
2 BR | Available Now
Contact
House
1
$1,395
2406 Woodland Ave
Des Moines, IA
3 BR | Available Now
Contact
Dog Friendly
Dishwasher
1
$775
711 Bancroft
711 Bancroft St Des Moines, IA
1 BR | Available Now
Contact
Dishwasher
3
$1,125 - 1,600
Park Indy Rowhomes!
3130 Indianola Ave Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,200
701 Monona Ave
Des Moines, IA
2 BR | Available Now
Contact
1
$1,195
4823 NW Aurora Ave
Des Moines, IA
2 BR | Available Now
Contact
Dishwasher
$1,200
700 Monona Ave
Des Moines, IA
2 BR | Available Now
Contact
$1,200
703 Monona Ave
Des Moines, IA
2 BR | Available Now
Contact
45
$754 - 1,039
The Village at Westchester
1.0
5413 Aurora Ave. Des Moines, IA
2 BR | Jan. 9, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
18
$1,290 - 2,337
Rocket Transfer Lofts
320 SW 7th St Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
5
$597 - 767
Highland Park
1216 E Seneca Ave #6 Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
11
$1,100 - 1,200
Court Ave Lofts
308 Court Ave Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
7
$900
2 Bedroom Near Downtown
1083 27th St Des Moines, IA
2 BR | Available Now
Contact
Disability Access
Drake University
6
$795 - 845
Woodland Meadows
3317 E 15th St Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$845
Bnl Investments
5201 S Union St Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
15
$725 - 1,025
The Pointe On Fleur
2800 Fleur Dr Des Moines, IA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
  1. Home
  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 4 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 36 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 12 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. College
  4. Southridge
  5. Drake University

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

Welcome to the December 2025 Des Moines Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Des Moines stands at $1,060, with the majority falling between $640 and $1,620. Out of the 2,781 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
5
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 December, 2025. 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 December M/M % Change
Des Moines, IA 6 +1.0%
Ankeny, IA 2 +0.62%
West Des Moines, IA 1 0.0%
Urbandale, IA 1 +0.5%
Van Meter, IA 1 +0.5%
Baxter, IA 1 +1.0%
Waukee, IA 1 +1.0%
Adel, IA 1 +1.0%
Clive, IA 1 +0.33%

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, College, Southridge, Drake university
Capitol East 2
Somerset 1
College 1
Southridge 1
Drake University 1
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