
Cheap Apartments for Rent in the Capitol Park Neighborhood of Des Moines, IA from $400 (108 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capitol Park area of Des Moines.


732 19th St

Village Green

732 19th St

The Concord Building

1816 Francis Ave

1816 Francis Ave

Northtown Apartments

1036 22nd St

Arlington Hallett
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Elliott

Capitol Heights

1314 22nd St

East Village Square

732 19th St

1314 22nd St

Pleasant Court

1314 22nd St

The Des Moines Building

MLK Brickstone Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Maverick Apartments

Riverview Oaks Apartments

1438 9th St

614 Douglas Ave

1333 22nd St

Old Main & Drake Apartments

The Fleming Building

Argonne Apartments

Randolph Apartments

1303 College Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Civic Center Court Apartments

Treehouse Apartments

Stockbridge Apartments

Total Monthly Price
The Scott at East Village

Newens Dairy Lofts

722 18th St

Court Ave Lofts

Historic Wellsport Portwell Flats

The Elmhurst

High Street Brickstone
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.

1809 Arlington Ave, Unit 6

718 18th St

Harbach Lofts

Flux

District at 6th Apartments

Total Monthly Price
713 20th St, Unit 1915-3

1217 24th St

200 Grand Ave

University Place Lofts

Eagle View Lofts/Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Capitol Park, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Capitol Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol Park Studio Apartments | $969 | $480 | $1,791 |
| Capitol Park 1 Bedroom Apartments | $1,234 | $480 | $3,756 |
| Capitol Park 2 Bedroom Apartments | $1,582 | $745 | $4,055 |
| Capitol Park 3 Bedroom Apartments | $1,983 | $1,100 | $2,758 |
| Capitol Park 4 Bedroom Apartments | $1,313 | $965 | $1,634 |
Browse Apartments in this Neighborhood
There are currently 108 rentals with your search options within a 2 mile radius of the Capitol Park Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Capitol Park, Des Moines, IA Local Guide
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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 Manor priced from $597. Village Green has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Capitol Park apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $597 |
| Village Green | Studio | Studio,1BA | $600 |
| 732 19th St | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| The Concord Building | Studio | Studio,1BA | $630 |
| Northtown Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $675 |
| Arlington Hallett | Studio East | Studio,1BA | $695 |
| The Flats on 21st | 1 Bedroom | 1BR,1BA | $695 |
| The Elliott | Studio | Studio,1BA | $710 |
| Pleasant Court | Studio | Studio,1BA | $725 |
| Capitol Heights | One-Bedroom Apartment in a Secure Building – Li... | 1BR,1BA | $725 |
Best Value Apartments for Rent in Capitol Park, IA
As of July 08, 2026 the best value apartment in the Capitol Park area is the $1.14 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,450. The second greatest value Capitol Park apartment is the 1250 9th St Model at 1250 9th St, Unit Unite #1 starting at $1,200 with a $0.71 price per square foot in the Grandview College Area neighborhood. Here is today’s list of the best values for Capitol Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.14 |
| 1250 9th St, Unit Unite #1 | 1250 9th St | 3BR,1.5BA | $0.71 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| MLK Brickstone Apartments | Two Bedroom | 2BR,2BA | $0.95 |
| Vine Street Lofts | 1 Bedroom - Affordable | 1BR,1BA | $1.15 |
| 722 18th St | 1x1 | 1BR,1BA | $1.21 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.15 |
| The Flats on 21st | 1 Bedroom | 1BR,1BA | $1.16 |
| Northtown Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $1.09 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Capitol Park, Des Moines, IA
Carver Elementary
East High School
Hiatt Middle School
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.
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 Manor which is listed at $597, while the average apartment in Capitol Park costs $2,105.
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 $295 which is $1,810 cheaper than the average rent for all rentals in Capitol Park.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.