Cheap Apartments for Rent in the Capitol East Neighborhood of Des Moines, IA from $400 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Capitol East area of Des Moines.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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421 College Ave
1 Bedroom Apartments

421 College Ave

421 College AveDes Moines, IA 50314
  • Utilities Included
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Capitol East, Des Moines, IA Local Guide

Cheapest Available Capitol East Apartments for Rent

 

The cheapest available apartment rental in the Capitol East area of Des Moines, IA is a Studio unit found at Riverview Oaks Apartments priced from $625. East Village Square has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Capitol East apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Riverview Oaks ApartmentsStudioStudio,1BA$625
East Village SquareStudio 390-392Studio,1BA$725
The Scott at East VillageStudioStudio,1BA$767
The Elliott1 Bedroom1BR,1BA$775
Sevastopol Station1 Bedroom 1 Bathroom1BR,1BA$800
R&T LoftsCropStudio,1BA$830
City Square LoftsS1Studio,1BA$831
The Fleming Building#5 - StudioStudio,1BA$835
The Des Moines BuildingS3Studio,1BA$875
Eagle View LoftsA1 - Income Restricted1BR,1BA$895

Best Value Apartments for Rent in Capitol East, IA

As of June 23, 2025 the best value apartment in the Capitol East area is the $1.25 price per square foot C3 Model at 5Fifty5 in the in the Southwest Des Moines neighborhood starting from $2,758. The second greatest value Capitol East apartment is the C2 Model at 7th Street Brownstones starting at $2,249 with a $1.44 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Capitol East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5Fifty5C33BR,2.5BA$1.25
7th Street BrownstonesC23BR,2.5BA$1.44
Vine Street Lofts2 Bedroom - Affordable2BR,2BA$0.81
Court Ave LoftsCA-C4 Income Restricted2BR,2BA$1.09
Wilkins BldgMarket Rate1BR,1BA$1.30
Union at Rivers Edge111_1b61BR,1BA$1.41
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.32
Rivers RunNew Vibe 2 Bedrooms2BR,1BA$1.37
Ballyard LoftsA1 - Homeplate Club1BR,1BA$1.44
Riverview Oaks ApartmentsStudioStudio ,1BA$1.14

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Capitol East, Des Moines, IA

Ranked #20

Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Capitol East, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Iowa including Capitol East, Des Moines, and the greater Des Moines area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Capitol East Neighborhood in Des Moines, IA

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Capitol East Apartments

What is the Cheapest Studio apartment in Capitol East?

Currently the most affordable Cheap Studio Apartment in Capitol East is at Riverview Oaks Apartments listed at $625.

How much is rent for a Cheap One Bedroom Capitol East Apartment?

The lowest price for a Cheap One Bedroom Capitol East Apartment is $695 at Riverview Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Capitol East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Capitol East is starting from $825 at Riverview Oaks Apartments.

What is the most affordable Capitol East Three Bedroom Apartment?

The best deal on a cheap Capitol East Three Bedroom Apartment rental is at Union at Rivers Edge and starts from $1,374.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

Written by: Joseph Isenberg

I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.