Cheap Homes for Rent in the Capitol East Neighborhood of Des Moines, IA from $655 (9 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 830 Hartford Ave
$975
2 Bedroom, 1 Bath Rentals
Available Now
Affordability

830 Hartford Ave

Des MoinesIA50315
property at 802 SE 10th St
$975
2 Bedroom, 1 Bath Rentals
Available Now
Cost Per Sq.Ft.

802 SE 10th St

Des MoinesIA50309
property at 917 Maury St
$975
2 Bedroom, 1 Bath Rentals
Available Now
Cost Per Sq.Ft.

917 Maury St

Des MoinesIA50309

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 1 Bed unit found at Pioneer Estates priced from $699. The Elliott has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Capitol East apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Pioneer EstatesB11BR,1BA$699
The ElliottStudioStudio,1BA$710
East Village SquareSayers - AffordableStudio,1BA$725

Best Value Apartments for Rent in Capitol East, IA

As of September 10, 2026 the best value apartment in the Capitol East area is the $1.17 price per square foot 430 E Locust St Model at 430 E Locust St, Unit 430 East Locust #4 in the in the Southwest Des Moines neighborhood starting from $1,477. The second greatest value Capitol East apartment is the 2BR/1.0BA Model at 2601/2603 E Walnut Street starting at $1,050 with a $0.88 price per square foot in the East 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.
430 E Locust St, Unit 430 East Locust #4430 E Locust St1BR,1BA$1.17
2601/2603 E Walnut Street2BR/1.0BA2BR,1BA$0.88
Wilkins BldgMarket Rate2BR,1BA$1.29
The Des Moines Building1 Bedroom 1 Bathroom Apartment1BR,1BA$0.89
Union at Rivers Edge2 Bed 2 Bath2BR,2BA$1.30
Vine Street Lofts1 Bedroom1BR,1BA$1.18
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.33
820 Lyon Street Apartments2BR/1.0BA2BR,1BA$1.18
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.15
1614 Arlington Ave, Unit Unit 41614 Arlington Ave1BR,1BA$1.31

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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 #19

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Capitol East

What type of rentals are currently available in Capitol East?

There are currently 208 Apartments for Rent in Capitol East, IA with pricing that ranges from $480 to $5,840. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol East ranging from $655 to $2,795.

What is the current price range for Rental Homes in Capitol East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitol East ranges from $655 to $2,795 with an average monthly rent of $1,481.

How much are larger Three and Four Bedroom Rentals in Capitol East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Capitol East range from $1,155 to $2,749, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,795. Four Bedroom Single-Family rentals are also available starting from $1,290 and Four Bedroom Apartments start at $1,262.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.