Brick Towne at Piper
600 NW Cherrycreek Ln,
Ankeny, IA 50023
1-2 Beds | $800 - $1,150
Rental Market Trends in Ankeny, IA
Updated September 2026
The average rent in Ankeny, IA is $1,054/month.
Rent in Ankeny is 37% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,054/month
Average Rent
709 Sq Ft
Average Size
-2.5%
Change / Year
700
Available Apartments
Ankeny rent varies by unit size and layout:
- Studio apartments in Ankeny average $1,041 per month.
- One-bedroom apartments in Ankeny average $1,054 per month.
- Two-bedroom apartments in Ankeny average $1,341 per month.
- Three-bedroom apartments in Ankeny average $1,694 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Ankeny, IA?
In the past year, rent has decreased by 2.5%, which averages out to $26 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Ankeny, IA
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
32%
$700 - $1,000/month
35%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
7%
Above $2,000/month
What salary do I need to live comfortably in Ankeny, IA?
Because the average rent in Ankeny is $1,054, you’ll want to make about $3,513 per month or $42,156 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.
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.
View the Ankeny Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Johnston
Avg Rent: $1,112/month
-
Polk City
Avg Rent: $1,590/month
-
Bondurant
Avg Rent: $966/month
-
Altoona
Avg Rent: $1,117/month
-
Windsor Heights
Avg Rent: $1,197/month
-
Des Moines
Avg Rent: $1,022/month
-
Grimes
Avg Rent: $1,127/month
-
Urbandale
Avg Rent: $968/month
Apartment Communities in Ankeny We Think You'll Love
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Frequently Asked Questions
What is the average rent in Ankeny?
The average rent in Ankeny is $1,054 per month, which is 36.7% lower than the national average of $1,665.
What is the average rent for a house in Ankeny?
The average rent for a house in Ankeny, IA is $2,009 per month.
What is the average rent for a townhome in Ankeny?
The average rent for a townhome in Ankeny, IA is $1,416 per month.
Are rents going up or down in Ankeny?
Rents in Ankeny, IA are decreasing, with prices down 2.5% year-over-year and $26 less per month.
What rent range is most common in Ankeny?
In Ankeny, IA, 35% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.