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Average Rent in Ankeny 50023 & Rent Trends

Rent prices and market trends across 8 apartment communities in Ankeny 50023, Ankeny, IA. Updated daily.

Market Average

$1,372/mo

▲ +0.4% from last month

Lowest Available

$730/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

97

available now

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Ankeny 50023 vs Ankeny, IA Average

Ankeny 50023 is more expensive than the Ankeny, IA average by $24/mo (2%). The citywide average is $1,348/mo across all neighborhoods.

Is Rent Going Up or Down in Ankeny 50023?

As of October 2026, the average rent in Ankeny 50023 is $1,372 per month across 8 apartment communities and 97 available units. Rents have increased $5 (0.4%) over the past month.

The most affordable option is The Franklin Apartments starting at $730/mo. By unit type, a studio averages $1,080/mo, a 1-bedroom averages $1,347/mo, a 2-bedroom averages $1,381/mo, a 3-bedroom averages $1,719/mo.

Prices range from $730 to $2,035 per month. The most common price point is the $1,200 range, where 31 units are currently listed.

Ankeny 50023 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,552 - 7
August 2026 $1,455 -$97 7
September 2026 $1,394 -$61 10
October 2026 $1,310 -$84 8

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.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Ankeny 50023

Studio
$1,080
from $1,080 · 1 units
1 Bed
$1,347
from $800 · 55 units
2 Bed
$1,381
from $730 · 37 units
3 Bed
$1,719
from $1,414 · 4 units

Rent Prices by Apartment in Ankeny 50023

Property Starting at Average Units Rating
The Franklin Apartments $730/mo $1,203/mo 21 4.7
Brick Towne At Piper Apartment Complex $800/mo $1,050/mo 4 2
Fieldstream Apartment Homes $903/mo $1,037/mo 19 4.2
The Sterling at Prairie Trail $1,080/mo $1,380/mo 6 4
District Place $1,199/mo $1,275/mo 5 3
Savannah at Ankeny $1,256/mo $1,719/mo 23 5
Prairie Lakes $1,305/mo $1,394/mo 3 4.5

Frequently Asked Questions About Rent in Ankeny 50023

What is the average rent in Ankeny 50023?

The average rent in Ankeny 50023 is $1,372 per month as of October 2026, based on 97 units across 8 apartment communities.

Is rent going up or down in Ankeny 50023?

Rent in Ankeny 50023 has increased $5 (0.4%) over the past month. The current average is $1,372/mo.

What is the cheapest apartment in Ankeny 50023?

The most affordable apartment in Ankeny 50023 is The Franklin Apartments with units starting at $730/mo.

How much is a 1-bedroom apartment in Ankeny 50023?

A 1-bedroom apartment in Ankeny 50023 averages $1,347/mo, with prices starting at $800/mo across 55 available units.

How many apartments are available in Ankeny 50023?

There are 97 units available across 8 apartment communities in Ankeny 50023.

What salary do I need to live comfortably in Ankeny 50023?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$55,000/year

Based on the 30 percent rule, using our tracked average rent of $1,372/mo.

Comfortable income

$66,000/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 50023 is $106,603 , about 62% above the comfortable-living threshold.

Cost of living in Ankeny 50023

Overall prices in Ankeny 50023 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 50023's regional price parities.

Category Monthly estimate
Rent (market average) $1,372
Utilities $370
Groceries $522
Transportation $882
Healthcare $430
Other goods and services $688
Estimated total $4,264/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.

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