Cheap Apartments for Rent in the Capitol Park Neighborhood of Des Moines, IA from $400 (90 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Capitol Park 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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Capitol Park, Des Moines, IA Local Guide

Cheapest Available Capitol Park Apartments for Rent

 

The cheapest available apartment rental in the Capitol Park area of Des Moines, IA is a 1 Bed unit found at Highland Park Apartments (DSM) priced from $547. The Aspen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $597. Here are the most affordable Capitol Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Highland Park Apartments (DSM)Standard 1 Bed1BR,1BA$547
The AspenStandard 1 Bedroom1BR,1BA$597
Village GreenStudioStudio,1BA$600
The Flats on 21st1 Bedroom1BR,1BA$650
Concord ApartmentsStudio 5Studio,1BA$675
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$675
East Village SquareStudio 390-392Studio,1BA$725
Pleasant CourtStudioStudio,1BA$725
1333 22nd Street1BR/1.0BA1BR,1BA$725

Best Value Apartments for Rent in Capitol Park, IA

As of June 08, 2025 the best value apartment in the Capitol Park area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Capitol Park apartment is the 2 Bedroom Model at Vine Street Lofts starting at $1,188 with a $1.01 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Capitol Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
Vine Street Lofts2 Bedroom2BR,2BA$1.01
Court Ave LoftsCA-C4 Income Restricted2BR,2BA$1.09
The Aspen3 Bedroom3BR,2BA$0.95
The Griffin Building2 Bedroom 1 Bathroom2BR,1BA$1.14
1818 Pleasant St, Unit 18181818 Pleasant St2BR,1BA$1.06
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$1.03
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12
The Flats on 21st1 Bedroom1BR,1BA$1.08
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$1.17

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 Park, Des Moines, IA

Ranked #11

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 Park, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Des Moines. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Capitol Park Neighborhood in Des Moines, IA

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

39 / 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 Park Apartments

What is a cheap apartment in Capitol Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol Park is under $725.

What is the price of a cheap apartment in Capitol Park?

The cheapest apartment in Capitol Park is Highland Park Apartments (DSM) which is listed at $547, while the average apartment in Capitol Park costs $2,199.

What types of apartments are the cheapest in Capitol Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 64 regular apartments in Capitol Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Capitol Park?

Cheap apartments in Capitol Park have an average cost of $225 which is $1,974 cheaper than the average rent for all rentals in Capitol Park.

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.

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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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.