Updated 5+ Days Ago
Highlights
- Modern floor plans
- Large 2-bedroom
- Multiple closets
Location
401 Sw Elm St, Ankeny, IA 50023, USA
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Property Overview
401 Southwest Elm Street earns a solid Zumper Expert Rating of 7.7, with especially strong marks for location, amenities, and price value. It features modern floor plans, large 2-bedroom layouts, and multiple closets, while also offering the practical advantage of nearby top-rated schools and 10 photos that provide a helpful preview.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- High school nearby
- Elementary school nearby
Floor plans
| 2/1 | 2 bed | 1 bath | 825 sqft | $975 /mo |
Let's explore this property.
Policies and fees
Applicants
Application Fee
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$20
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 13 |
|---|
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About 401 Southwest Elm Street
Colonial House on 401 SW Elm Street offers Large 2-bedroom, modern floor plans, Multiple Closets, at an affordable rate!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good401 Southwest Elm Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 401 Southwest Elm Street is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 401 Southwest Elm Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
401 Southwest Elm Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 401 Southwest Elm Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
401 Southwest Elm Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 401 Southwest Elm Street compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- High school nearby
- There is a high school 0.3 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
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Rent trends in Ankeny
2-bedroom apartments at 401 Southwest Elm Street cost about 33% less than the average rent price for 2-bedroom apartments in Ankeny.
Median rents as of Jul 25 2026.
Ankeny
| Month | Median Rent |
|---|---|
| August 2024 | $936 |
| September 2024 | $1,003 |
| October 2024 | $950 |
| November 2024 | $892 |
| December 2024 | $950 |
| January 2025 | $920 |
| February 2025 | $910 |
| March 2025 | $926 |
| April 2025 | $1,787 |
| May 2025 | $1,641 |
| June 2025 | $1,064 |
| July 2025 | $1,627 |
| August 2025 | $1,746 |
| September 2025 | $1,041 |
| October 2025 | $1,449 |
| November 2025 | $2,020 |
| December 2025 | $2,510 |
| January 2026 | $2,164 |
| February 2026 | $1,044 |
| March 2026 | $1,029 |
| April 2026 | $970 |
| May 2026 | $1,035 |
| June 2026 | $1,044 |
| July 2026 | $1,041 |
Affordability calculator
Can I afford to live at 401 Sw Elm St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$39,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 2-bedrooms monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.
Schools near 401 Southwest Elm Street
Terrace Learning Center
310 nw school st
ankeny, IA, 50023
PKPublic
Heritage Elementary School
301 sw prairie trail pky
ankeny, IA, 50023
K-5Public
A-
Jessie Franklin Taylor Preschool
1801 16th st
des moines, IA, 50314
PKPublic
Olmsted Elementary School
7110 prairie ave
urbandale, IA, 50322
PK, K-5Public
B-
Heritage Elementary
500 ne beaverbrooke blvd
grimes, IA, 50111
PK, K-4Public
B+
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Internet available near 401 Southwest Elm Street
Neighborhood
Getting around Ankeny near 401 Sw Elm St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 401 Sw Elm St, Ankeny
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 401 Sw Elm St
West Forty Market
315 SW Maple St
Hy-Vee
410 N Ankeny Blvd
The Olive Tap
1610 SW Main St
Midwest Foods Group
1802 N Ankeny Blvd
ALDI
2075 N Ankeny Blvd
Fuzed Permanent Jewelry-Des Moines Permanent Bracelets Ankl
508 SW 3rd St
Strawberry Patch Ltd Inc
625 S Ankeny Blvd
Lillybug Designs By TJ
The Salvation Army Family Store & Donation Center
801 S Ankeny Blvd
Strawberry Patch Ltd Inc
110 SW State St
Porch Light Coffehouse
417 SW 3rd St
Blue Bean
110 N Ankeny Blvd
Donutnv of Central Iowa
Starbucks
410 N Ankeny Blvd
Ambrosia Donuts LLC
106 SW State St
Yankee Clipper
312 SW Maple St
Grubb's Pub
1165 SW Ordnance Rd
Benchwarmers
705 S Ankeny Blvd
Hy-Vee Market Grille Express
410 N Ankeny Blvd
Jake's
605 N Ankeny Blvd
Hawgeyes BBQ
1313 SW Ordnance Rd
Cinnaholic
1465 SW Park Square Dr
Sweet to Eat Bakery & Cake Shop
1802 N Ankeny Blvd
Kooky Cakes LLC
Fresh Fit Meals Ankeny
2405 SW White Birch Dr
Haubert Park
Ankeny Market & Pavillion
Wagner Park
Sunset Park
Hawkeye Park
Yankee Clipper
312 SW Maple St
Uptown Food & Beverage
302 SW Maple St
Uptown Dairy
617 SW 3rd St
Leaning Tower of Pizza
512 SW 3rd St
Ankeny Cafe
310 S Ankeny Blvd
W 1st St / Hawkeye Park, Ank
Ankeny Express, Ankeny Express
W 1st St / N Ankeny Blvd (Far-Side), Ank
Ankeny Express, Ankeny Express
S Ankeny Blvd / SE 8th St, Ank
Ankeny Express
S Ankeny Blvd / SE 8th St, Ank
Ankeny Express
E 1st St / Mercy North P&R, Ank
Ankeny Express, Ankeny Express
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