Apartments Under $500 in Des Moines, IA

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18
$250
Des Moines, IA
Studio | Available Now
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11
$ Ask - 1,010
3608 E. Douglas Avenue Des Moines, IA
2 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Income Restricted
Section 8
1
$470
1440-1450 E Grand Ave Des Moines, IA
1 BR | Ask for Availability
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Income Restricted
Air Conditioning
Fitness Center
Dishwasher
Capitol East
1
$500
1400 E Walnut Street, #100 Des Moines, IA
1 BR | Available Now
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Dog Friendly
Capitol East
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Apartments Under $500 in Des Moines, IA: December Rental Information

Welcome to the December 2024 Des Moines Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 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 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
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 $1,440. Out of the 2,181 one-bedroom apartments currently on the market in Des Moines, 33 are priced below $500, accounting for 2% 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 December, 2024. 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 +1.12%
Ankeny, IA 1 -0.33%
Baxter, IA 1 +1.0%
Adel, IA 1 +1.0%
Waukee, IA 1 +1.0%
Mitchellville, IA 1 +1.0%
West Des Moines, IA 0 +1.67%

Looking for Apartments Under $500 in Des Moines?

Available apartments under $500 57
Top amenities On Site Laundry, Refrigerator, Range / Oven, High Speed Internet, Smoke Free Community
Pet friendly 6
Utilities included 1
Studio 6
1 Bedroom 3
2 Bedroom 1

Where are Des Moines Apartments Under $500?

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