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Rental Market Trends in Ankeny, IA

Updated July 2026

The average rent in Ankeny, IA is $1,069/month.

Rent in Ankeny is 36% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,069/month

Average Rent

708 Sq Ft

Average Size

-0.2%

Change / Year

790

Available Apartments

Ankeny rent varies by unit size and layout:

  • Studio apartments in Ankeny average $1,040 per month.
  • One-bedroom apartments in Ankeny average $1,069 per month.
  • Two-bedroom apartments in Ankeny average $1,329 per month.
  • Three-bedroom apartments in Ankeny average $1,708 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,040/month
556 Sq Ft
One Bedroom
$1,069/month
708 Sq Ft
Two Bedroom
$1,329/month
1,032 Sq Ft
Three Bedroom
$1,708/month
1,445 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$840/month
636 Sq Ft
Two Bedroom
$1,512/month
1,053 Sq Ft
Three Bedroom
$2,024/month
1,496 Sq Ft
Four Bedroom
$2,508/month
1,814 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,564/month
1,149 Sq Ft
Three Bedroom
$1,975/month
1,650 Sq Ft
View Ankeny Apartments

How much has average rent changed in Ankeny, IA?

In the past year, rent has decreased by 0.2%, which averages out to $2 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Ankeny, IA

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ankeny, IA
Percentage*
Rent Range
7% Below $700/month
28% $700 - $1,000/month
39% $1,001 - $1,500/month
17% $1,501 - $2,000/month
9% Above $2,000/month

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

Because the average rent in Ankeny is $1,069, you’ll want to make about $3,563 per month or $42,756 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

790 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.

View the Ankeny Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Johnston

    Johnston

  • Altoona

    Altoona

  • Des Moines

    Des Moines

  • Grimes

    Grimes

  • Urbandale

    Urbandale

Apartment Communities in Ankeny We Think You'll Love

Brick Towne at Piper

Brick Towne at Piper

600 NW Cherrycreek Ln,
Ankeny, IA 50023

1-2 Beds | $800 - $1,100

The Franklin Apartments

The Franklin Apartments

1210 SW 28th St,
Ankeny, IA 50023

1-3 Beds | $1,200 - $1,950

Sterling of Prairie Trail

Sterling of Prairie Trail

2337 SW Plaza Pkwy,
Ankeny, IA 50023

Studio - 2 Beds | $1,125 - $1,579

Brixin at Kimberley Crossing

Brixin at Kimberley Crossing

1424 NE 56th Ln,
Ankeny, IA 50021

3-4 Beds | $1,850 - $2,325

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Frequently Asked Questions

What is the average rent in Ankeny?

The average rent in Ankeny is $1,069 per month, which is 35.7% lower than the national average of $1,663.

What is the average rent for a house in Ankeny?

The average rent for a house in Ankeny, IA is $2,024 per month.

What is the average rent for a townhome in Ankeny?

The average rent for a townhome in Ankeny, IA is $1,564 per month.

Are rents going up or down in Ankeny?

Rents in Ankeny, IA are decreasing, with prices down 0.2% year-over-year and $2 less per month.

What rent range is most common in Ankeny?

In Ankeny, IA, 39% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity