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Apartments Under $500 in Des Moines, IA

1 - 1 of 1 Result
6
$150
4804 SW 6th St
Des Moines, IA
Studio | Available Now
Contact
1 - 1 of 1 Results

All Apartments in Des Moines, IA

30 Results
1
$915
Fleur MHC, LLC
7301 Fleur Dr Des Moines, IA
2 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
6
$1,225 - 1,250
The Winford Apartments
851 19th St Des Moines, IA
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
10
$1,245
East 27th St
3807-3823, 4000 E 27th St. Des Moines, IA
3 BR | Dec. 10, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
20
$1,610
Grandview Meadows
4251-4358 Grandview Ave Des Moines, IA
3 BR | Jan. 8, 2027
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
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
69
$855 - 1,585
Rowat Lofts Apartments
601 E Vine St Des Moines, IA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
1
$815
Old Main & Drake Apartments
1217 24th St Des Moines, IA
Studio - 1 BR | Available Now
Contact
Cat Friendly
Section 8
Storage
Disability Access
Dishwasher
1
$1,165
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
Storage
22
$845 - 1,510
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
$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
38
$695 - 1,495
Canary Lofts
2530 University Ave Des Moines, IA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Drake University
0
$900 - 950
University West Apartments
4010 University Ave Des Moines, IA
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Disability Access
Dishwasher
2
$795
1534 Woodland Ave
Des Moines, IA
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Dishwasher
Sherman Hill
4
$850
1 Bedroom 1 Bathroom Affordable Price
4671 NW 50th St Unit I Des Moines, IA
1 BR | Oct. 5, 2026
Contact
Dog Friendly
Cat Friendly
12
$900 - 960
Windsor Terrace Apartments | 1 Month Free With A 13 Month Lease
3333 Grand Ave Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
College
1
$1,200
701 Monona Ave
Des Moines, IA
2 BR | Available Now
Contact
1
$1,295 - 1,395
757-759 17th St
Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Sherman Hill
1
$995
3810-3812 SW 3rd St
Des Moines, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fairlane
45
$631 - 933
The Village at Westchester
1.0
5413 Aurora Ave. Des Moines, IA
1 - 2 BR | Oct. 26, 2026
Contact
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
7
$947
Market Place Lofts
312 Court Ave Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
11
$800
Stockbridge Apartments
1815 High St Des Moines, IA
1 BR | Oct. 26, 2026
Contact
Dog Friendly
Cat Friendly
Sherman Hill
16
$699 - 830
Limited Time Free Application Fee And Reduced Rents
1204 Hartford Ave Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
39
$1,219 - 2,449
The Equitable Building
Deal
604 Locust Street Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
39
$695 - 825
Know Your Monthly Cost. The Same Every Month.
1260 34th St Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Pool
32
$947 - 1,147
The Lyon
660 E 5th St Des Moines, IA
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
24
$1,068 - 1,459
The Residences At River View
1405 SE 1St St Des Moines, IA
1 - 2 BR | Available Now
Contact
Fitness Center
Pool
Columbus Park
65
$1,392 - 1,762
Slate Age 55 Plus Active Community
Deal
400 SW 11th St Des Moines, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Storage
80
$1,314 - 2,617
The Meridian
425 SW 11th St Des Moines, IA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Dishwasher
8
$725 - 850
1201 E Bell Ave
Des Moines, IA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
81
3D Tour
$950 - 1,625
R&T Lofts
Deal
717 Locust St Des Moines, IA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
  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 is 1 apartment 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 12 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 10 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 11 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 $6,000.

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

  1. Drake University
  2. Somerset
  3. Southridge

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

Welcome to the October 2026 Des Moines Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 $1,620 >$1,700

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 October, 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 October M/M % Change
Des Moines, IA 7 +0.92%
West Des Moines, IA 3 +1.0%
Ankeny, IA 3 +1.0%
Urbandale, IA 1 +1.4%
Baxter, IA 1 +1.0%
Waukee, IA 1 +1.0%
Adel, IA 1 +1.0%
Carlisle, IA 1 +1.25%
Norwalk, IA 1 -1.0%
Johnston, IA 1 -1.0%

Looking for Apartments Under $500 in Des Moines?

Available apartments under $500 340
Top amenities On Site Laundry, Refrigerator, Garbage Disposal, Range / Oven, Microwave
Pet friendly 3
Utilities included 2
Studio 4
1 Bedroom 1
2 Bedroom 2

Where are Des Moines Apartments Under $500?

Top Neighborhoods Drake university, Somerset, Southridge
Drake University 2
Somerset 1
Southridge 1
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