Apartment Price Drops This Week in Downtown Des Moines - Des Moines, IA
Biggest Rent Drops in Downtown Des Moines, Des Moines
Data updated: October 15, 2025 at 10:27 AM PDT
Looking for an apartment deal in Downtown Des Moines? We’ve surfaced the biggest rent drops and current trends in this part of Des Moines.
Which listings in Downtown Des Moines have had the biggest price drops in the past week?
Unit 1D-30 at 5Fifty5, featuring 3 beds and 2.5 baths, recently saw a price reduction, dropping by $206 to a new rate of $2,543. Meanwhile, Unit 1210-101 at LINC, offering 3 beds and 3 baths, is now priced at $2,358 after a $191 decrease. These deals are worth checking out for anyone seeking spacious living with significant savings.
| Property Name | Unit Description | New Price (Drop) | Drop Date |
|---|---|---|---|
| 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 |
| Clemens Building | 2 beds, 2 baths | $2032 (-$64) | 10/12 |
| Ballyard Lofts | 1 bed, 1 bath | $1152 (-$42) | 10/14 |
What’s the rent trend in Downtown Des Moines?
If you’re considering renting in downtown Des Moines, here’s a quick update on the current rent trends. The average rent for a 1-bedroom apartment has seen a slight increase, now at $1,242 compared to last week’s $1,238. On the other hand, 2-bedroom apartments have experienced a small decrease, with the average rent now at $1,696, down from $1,704 last week. These subtle shifts indicate a relatively stable market, so it’s a good time to explore your options in this vibrant area.
Top 5 Price Drops This Week
5Fifty5 – 1D-30
3 beds, 2.5 baths, 2210 sq ft
Was: $2749 → Now: $2543
Price Drop: $206
Price Changed on: 10/9
LINC – 1210-101
3 beds, 3 baths, 1690 sq ft
Was: $2549 → Now: $2358
Price Drop: $191
Price Changed on: 10/12
The Deco – 519
1 bed, 1 bath, 506 sq ft
Was: $1405 → Now: $1295
Price Drop: $110
Price Changed on: 10/9
The Vue – 922-114
1 bed, 1 bath, 825 sq ft
Was: $1222 → Now: $1130
Price Drop: $92
Price Changed on: 10/11
Clemens Building – 603
2 beds, 2 baths, 1307 sq ft
Was: $2096 → Now: $2032
Price Drop: $64
Price Changed on: 10/12
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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.
