Apartment Price Drops This Week in Des Moines, IA
Which apartments in Des Moines had the biggest rent drops this week?
Data updated: October 15, 2025 at 10:49 AM PDT
Rents are shifting fast in Des Moines, and we’re here to help you stay ahead. This week’s top price drops reflect some of the best deals we’ve seen in months.
How are rent trends changing in Des Moines?
This week in des moines, rent prices continued to adjust. Month-over-month, 1-bedrooms dropped -1.2% and 2-bedrooms rose 1.0%.
Which apartments dropped in price the most this week?
Unit 200-221 at Velocity, featuring 1 bed and 1 bath, recently saw a price drop of $212, bringing the rent down to $1203. Meanwhile, Unit 1D-30 at 5Fifty5, which offers 3 beds and 2.5 baths, experienced a decrease of $206, now priced at $2543. These deals present great opportunities for those looking for value in Des Moines, offering significant savings on desirable living spaces.
| Property Name | Unit Description | New Price (Drop) | Drop Date |
|---|---|---|---|
| Velocity | 1 bed, 1 bath | $1203 (-$212) | 10/14 |
| 5Fifty5 | 3 beds, 2.5 baths | $2543 (-$206) | 10/9 |
| LINC | 3 beds, 3 baths | $2358 (-$191) | 10/12 |
| The Deco | 1 bed, 1 bath | $1295 (-$110) | 10/9 |
| The Vue | 1 bed, 1 bath | $1130 (-$92) | 10/11 |
| City Square Lofts | 1 bed, 1 bath | $1110 (-$90) | 10/11 |
| The Scott at East Village Apartments | 3 beds, 1 bath | $1079 (-$78) | 10/15 |
| Clemens Building | 2 beds, 2 baths | $2032 (-$64) | 10/12 |
| Sutton Hill | 2 beds, 1 bath | $709 (-$58) | 10/9 |
| 1534 Woodland Avenue | 2 beds, 1 bath | $995 (-$55) | 10/10 |
What neighborhoods have the most units dropping in price?
It seems like the Phoenix real estate market is seeing some price adjustments in a couple of vibrant neighborhoods. Downtown Des Moines, known for its lively atmosphere and cultural attractions, currently has 6 listings with reduced prices. Meanwhile, East Village, a trendy area celebrated for its eclectic mix of shops and eateries, has 4 listings with price drops. These changes might just present a fantastic opportunity for potential buyers looking to move into these dynamic communities. If you’re interested in exploring the possibilities, now might be a great time to check out these neighborhoods!
| Neighborhood | Listings |
|---|---|
| Downtown Des Moines | 6 |
| East Village | 4 |
| Sherman Hill | 1 |
| Pioneer Park | 1 |
| North Of Grand | 1 |
These rent drops are combined with specials!
These listings not only dropped in price — they’re also offering incentives like weeks of free rent or look & lease bonuses.
| Property | Description | Special |
|---|---|---|
| Velocity | 1 bed, 1 bath, -$212 | $2k Rent Credit |
| The Scott at East Village Apartments | 3 beds, 1 bath, -$78 | 6 wks free rent |
| Sutton Hill | 2 beds, 1 bath, -$58 | 2 Mo Free Rent |
Want to keep up with future price changes?
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Note: Pricing, availability, and specials are subject to change. Please check the individual listings for the most up-to-date information.