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Rental Market Trends in Ankeny, IA

What is the average rent in Ankeny, IA?

$1,067/month

Average Rent

721 Sq Ft

Average Apartment Size

-0.8%

Decrease in the Last Year

As of January 2026, the average rent in Ankeny, IA is $1,067 per month. This is 34% lower than the national average rent of $1,625/month, making renting in Ankeny more affordable than most cities in the US. When you rent an apartment in Ankeny, you can expect to pay about $1,004 per month for a studio, $1,067 for a one-bedroom apartment, and around $1,304 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,669 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,004/month
559 Sq Ft
One Bedroom
$1,067/month
721 Sq Ft
Two Bedroom
$1,304/month
1,024 Sq Ft
Three Bedroom
$1,669/month
1,422 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,250/month
956 Sq Ft
Three Bedroom
$1,742/month
1,357 Sq Ft
Four Bedroom
$2,353/month
2,092 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,535/month
1,193 Sq Ft
Three Bedroom
$2,075/month
1,858 Sq Ft

How much has average rent changed in Ankeny, IA?

In the past year, rent has decreased by 0.8%, which averages out to $8 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ankeny, IA
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ankeny, IA
Percentage*
Rent Range
7% Below $700/month
27% $700 - $1,000/month
38% $1,001 - $1,500/month
19% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Ankeny?

Based on current rent prices, Frontier Village, College Park Plaza Northwest and Henderson Park are the most affordable neighborhoods in Ankeny.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Frontier Village
$800/month
540 Sq Ft
College Park Plaza Northwest
$833/month
627 Sq Ft
Henderson Park
$868/month
785 Sq Ft
Green Tree Village
$881/month
732 Sq Ft
Crestbruck Acres
$1,064/month
634 Sq Ft
Fieldstream Edgewater Lake
$1,108/month
778 Sq Ft
Centennial Pointe
$1,108/month
778 Sq Ft
Estates at Prairie Trail
$1,264/month
783 Sq Ft
Mel Ray
$1,264/month
783 Sq Ft

What are the most expensive neighborhoods in Ankeny?

Based on current rent prices, Estates at Prairie Trail, Mel Ray and Fieldstream Edgewater Lake are the most expensive neighborhoods in Ankeny.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Estates at Prairie Trail
$1,264/month
783 Sq Ft
Mel Ray
$1,264/month
783 Sq Ft
Fieldstream Edgewater Lake
$1,108/month
778 Sq Ft
Centennial Pointe
$1,108/month
778 Sq Ft
Crestbruck Acres
$1,064/month
634 Sq Ft
Green Tree Village
$881/month
732 Sq Ft
Henderson Park
$868/month
785 Sq Ft
College Park Plaza Northwest
$833/month
627 Sq Ft
Frontier Village
$800/month
540 Sq Ft

Which Ankeny neighborhoods have the most rentals available?

The neighborhoods in Ankeny with the most apartments available are College Park Plaza Northwest, Frontier Village and Estates at Prairie Trail .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
College Park Plaza Northwest
$833/month
627 Sq Ft
Frontier Village
$800/month
540 Sq Ft
Estates at Prairie Trail
$1,264/month
783 Sq Ft
Mel Ray
$1,264/month
783 Sq Ft
Henderson Park
$868/month
785 Sq Ft
Green Tree Village
$881/month
732 Sq Ft
Crestbruck Acres
$1,064/month
634 Sq Ft
Fieldstream Edgewater Lake
$1,108/month
778 Sq Ft
Centennial Pointe
$1,108/month
778 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Ankeny, IA?

Because the average rent in Ankeny is $1,067, you’ll want to make about $3,556 per month or $42,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Ankeny, IA

684 Available Apartments for Rent

Search for Nearby Apartments

How does Ankeny, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Ankeny, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Ankeny, IA

Apartment Averages

Frontier Village

Ankeny, IA

Estates at Prairie Trail

Ankeny, IA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Johnston Average Rent
  • Altoona Average Rent
  • Des Moines Average Rent
  • Grimes Average Rent

Apartment communities in Ankeny we think you'll love

Brixin Townhomes at Kimberley Crossing

Brixin Townhomes at Kimberley Crossing

1424 NE 56th Ln,
Ankeny, IA 50021

$1,850 - $2,325

3-4 Beds

Fieldstream Apartment Homes

Fieldstream Apartment Homes

1735 NW Fieldstream Ln,
Ankeny, IA 50023

$1,042 - $1,616

1-2 Beds

Pointe 28

Pointe 28

905 SW 28th,
Ankeny, IA 50023

$1,275 - $1,520

2-3 Beds

The Franklin Apartments

The Franklin Apartments

1210 SW 28th St,
Ankeny, IA 50023

$1,295 - $1,795

2-3 Beds

Property Management Companies in Ankeny, IA

Caliber Company
Caliber Company
  • 31

    Communities

  • 2,671

    Units

  • 6

    Cities

17 Communities in Ankeny
ARTISAN Capital Group
ARTISAN Capital Group
  • 21

    Communities

  • 4,364

    Units

  • 16

    Cities

3 Communities in Ankeny
Indigo Living
Indigo Living
  • 34

    Communities

  • 5,233

    Units

  • 13

    Cities

3 Communities in Ankeny
Haverkamp Group
Haverkamp Group
  • 20

    Communities

  • 3,930

    Units

  • 9

    Cities

3 Communities in Ankeny
Kouri Management Inc.
Kouri Management Inc.
  • 27

    Communities

  • 1,491

    Units

  • 7

    Cities

3 Communities in Ankeny
Village Green
Village Green
  • 155

    Communities

  • 31,778

    Units

  • 94

    Cities

2 Communities in Ankeny
Timberland Partners
Timberland Partners
  • 54

    Communities

  • 13,003

    Units

  • 46

    Cities

2 Communities in Ankeny
Jensen Group
Jensen Group
  • 12

    Communities

  • 3,383

    Units

  • 4

    Cities

2 Communities in Ankeny

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United States Iowa Ankeny Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity