Cheap Homes for Rent in Capitol Park Neighborhood of Des Moines, IA from $500 (20 Rentals)

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

property at 732 19th St

$595

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314
property at 732 19th St

$625

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

property at 732 19th St

$725

1 Bedroom, 1 Bath Rentals

Available Now

732 19th St

Des MoinesIA50314
property at 1314 22nd St

$725

1 Bedroom, 1 Bath Rentals

Available Now

1314 22nd St

Des MoinesIA50311
property at 1314 22nd St

$725

1 Bedroom, 1 Bath Rentals

Available Now

1314 22nd St

Des MoinesIA50311
property at 1314 22nd St

$725

1 Bedroom, 1 Bath Rentals

Available Now

1314 22nd St

Des MoinesIA50311

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.

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.

property at 802 SE 10th St

$975

2 Bedroom, 1 Bath Rentals

Available Now

802 SE 10th St

Des MoinesIA50309

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 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 ListingModel NameBed/BathPriced From
Highland Park ManorStandard 1 Bed1BR,1BA$597
Village GreenStudioStudio,1BA$600
732 19th St1 Beds, 1 Baths1BR,1BA$625
The Concord BuildingStudioStudio,1BA$630
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$675

Best Value Apartments for Rent in Capitol Park, IA

As of July 06, 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 Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown 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.
Matilda 235 TownhomesB22BR,2.5BA$1.14
The ElmhurstModel A2BR,2BA$1.00
MLK Brickstone ApartmentsTwo Bedroom2BR,2BA$0.95
Vine Street Lofts1 Bedroom1BR,1BA$1.19
The AspenCypress Deluxe (W/D)2BR,1BA$1.21
722 18th St1x11BR,1BA$1.21
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.15
The Flats on 21st1 Bedroom1BR,1BA$1.16
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$1.17
Highland Park ManorStandard 1 Bed1BR,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.

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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

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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Frequently Asked Questions about Capitol Park

What type of rentals are currently available in Capitol Park?

There are currently 350 Apartments for Rent in Capitol Park, IA with pricing that ranges from $480 to $4,055. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol Park ranging from $595 to $4,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitol Park ranges from $595 to $4,200 with an average monthly rent of $1,928.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Capitol Park range from $1,100 to $2,758, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $965.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.