Last updated
Average Rent in Ankeny, IA & Rent Trends
Rent prices and market trends across 9 apartment communities in Ankeny, IA. Updated daily.
Market Average
$1,342/mo
▼ 3% from last month
Lowest Available
$730/mo
cheapest unit on market
Communities
9
tracked daily
Units Listed
42
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Rent by Neighborhood in Ankeny, IA
Compare average rent across Ankeny, IA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Ankeny 50023 | $1,367 | ▼ $62 | $730 | 8 | 97 |
| Ankeny 50021 | $1,208 | ▼ $30 | $870 | 4 | 22 |
Is Rent Going Up or Down in Ankeny, IA?
As of October 2026, the average rent in Ankeny, IA is $1,342 per month across 9 apartment communities and 42 available units. Rents have decreased $41 (3%) over the past month.
The most affordable option is The Franklin Apartments starting at $730/mo. By unit type, a 2-bedroom averages $1,342/mo.
Prices range from $730 to $2,035 per month. The most common price point is the $1,200 range, where 14 units are currently listed.
Ankeny, IA Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,447 | - | 9 |
| August 2026 | $1,369 | -$78 | 9 |
| September 2026 | $1,302 | -$67 | 11 |
| October 2026 | $1,234 | -$68 | 9 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Ankeny, IA
Rent Prices by Apartment in Ankeny, IA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Franklin Apartments | $730/mo | $1,078/mo | 15 | 4.7 |
| Timberland at Crestbruck Park | $962/mo | $969/mo | 2 | 4.3 |
| Ashbrooke | $1,085/mo | $1,118/mo | 3 | 3.7 |
| Brick Towne At Piper Apartment Complex | $1,100/mo | $1,200/mo | 2 | 2 |
| Fieldstream Apartment Homes | $1,183/mo | $1,215/mo | 5 | 4.2 |
| Prairie Lakes | $1,305/mo | $1,305/mo | 1 | 4.5 |
| Sterling at Prairie Trail North | $1,647/mo | $1,739/mo | 6 | 4.8 |
Frequently Asked Questions About Rent in Ankeny, IA
What is the average rent in Ankeny, IA?
Is rent going up or down in Ankeny, IA?
What is the cheapest apartment in Ankeny, IA?
How many apartments are available in Ankeny, IA?
What salary do I need to live comfortably in Ankeny, IA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$54,000/year
Based on the 30 percent rule, using our tracked average rent of $1,342/mo.
Comfortable income
$64,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($730/mo), you need to earn at least $29,000/year.
Median household income in Ankeny, IA is $106,603 , about 65% above the comfortable-living threshold.
Cost of living in Ankeny, IA
Overall prices in Ankeny, IA runs below the national average by about 7% (BEA Regional Price Parity index 92.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Ankeny, IA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,342 |
| Utilities | $370 |
| Groceries | $522 |
| Transportation | $882 |
| Healthcare | $430 |
| Other goods and services | $688 |
| Estimated total | $4,234/mo |
Population
70,542
Median household income
$106,603
Census median rent
$1,279/mo
Census rent burden
24.7%
Median age
33.2
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Ankeny, IA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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