Ankeny, IA Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ankeny is $1,361, a 4.49% increase compared to the previous year, when the average rent was $1,303.
Studio Apartments at $883 offer the most budget-friendly option with 533 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 714 square feet for $1,125, balancing privacy and affordability.
Two-beedroom units at $1,433 offer 1,072 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,341 sq ft) for $1,618, suitable for larger households.
Average rent in Ankeny, IA
Last updated: February 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,361 | 973 sq. ft. |
| Studio | $883 | 533 sq. ft. |
| 1 Bed | $1,125 | 714 sq. ft. |
| 2 Beds | $1,433 | 1,072 sq. ft. |
| 3 Beds | $1,618 | 1,341 sq. ft. |
Ankeny, IA rent trends
Rental prices in Ankeny, IA have increased by 4.49% over the past year. The average rent moved from $1,303 to $1,361.
What's the typical rent budget in Ankeny, IA?
The largest share of rentals in Ankeny, IA (62%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ankeny, IA?
7,965 or 29% of the households in Ankeny, IA are renter-occupied while 19,528 or 71% are owner-occupied.
How Ankeny Compares to Other Cities
| City | Average Rent |
|---|---|
| Ankeny | $1,361 |
| Cedar Rapids | $1,073 |
| Des Moines | $1,096 |
| Davenport | $992 |
| West Des Moines | $1,228 |
| Waukee | $1,404 |
| Council Bluffs | $1,245 |
| Iowa City | $1,497 |
| Ames | $1,370 |
| Bettendorf | $1,316 |
| Marion | $838 |
| Urbandale, IA | $1,006 |
| Johnston, IA | $1,353 |
| Grimes, IA | $1,282 |
| Norwalk | $1,172 |
| Altoona, IA | $1,271 |
| Indianola, IA | $913 |
| Windsor Heights, IA | $1,390 |
| Bondurant, IA | $1,083 |
| Pleasant Hill, IA | $974 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ankeny apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.