Cheap Apartments for Rent in the Martin Luther King Jr. Park Neighborhood of Des Moines, IA from $400 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Martin Luther King Jr. Park area of Des Moines.

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.

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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.

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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.

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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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Highland Park Manor
Studio to 2 Bedroom Apartments

Highland Park Manor

3717 6th AveDes Moines, IA 50313
Senior Living
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3419 1st St
Studio to 1 Bedroom Apartments

3419 1st St

3419 1st StDes Moines, IA 50313
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Oak Park Manor
1 to 2 Bedroom Apartments

Oak Park Manor

3400 8th StDes Moines, IA 50313
Senior Living
  • Utilities Included
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Eastview Manor
1 to 2 Bedroom Apartments

Eastview Manor

3700 E 31st StDes Moines, IA 50317
Senior Living
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Martin Luther King Jr. Park, Des Moines, IA Local Guide

Cheapest Available Martin Luther King Jr. Park Apartments for Rent

 

The cheapest available apartment rental in the Martin Luther King Jr. Park area of Des Moines, IA is a 1 Bed unit found at Highland Park Apartments priced from $597. Highland Park Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $597. Here are the most affordable Martin Luther King Jr. Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Highland Park ApartmentsStandard 1 Bed1BR,1BA$597
Highland Park ManorStandard 1 Bed1BR,1BA$597
The Des Moines BuildingStudioStudio,1BA$695
City Square LoftsS1Studio,1BA$700
East Village SquareSayers - AffordableStudio,1BA$725
Capitol HeightsOne-Bedroom Apartment in a Secure Building – Li...1BR,1BA$725
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$745
Maverick Apartments0/1Studio,1BA$745
Northtown Apartments2 Bedroom 1 Bathroom2BR,1BA$795
The LyonStudio (T)Studio,1BA$797

Best Value Apartments for Rent in Martin Luther King Jr. Park, IA

As of June 09, 2026 the best value apartment in the Martin Luther King Jr. Park area is the $1.29 price per square foot Market Rate Model at Wilkins Bldg in the in the Southwest Des Moines neighborhood starting from $1,400. The second greatest value Martin Luther King Jr. Park apartment is the 1 Bedroom 1 Bathroom Model at 219 E Grand starting at $1,295 with a $1.45 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Martin Luther King Jr. Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wilkins BldgMarket Rate2BR,1BA$1.29
219 E Grand1 Bedroom 1 Bathroom1BR,1BA$1.45
Northtown Apartments2 Bedroom 1 Bathroom2BR,1BA$0.92
Vine Street Lofts1 Bedroom1BR,1BA$1.25
The AspenCypress Deluxe (W/D)2BR,1BA$1.29
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.33
10th Street Lofts0BR/1.0BAStudio ,1BA$1.39
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.15
Highland Park ApartmentsStandard 1 Bed1BR,1BA$1.09
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

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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
Martin Luther King Jr. Park, Des Moines, IA

Ranked #18

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Martin Luther King Jr. Park, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Des Moines. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Martin Luther King Jr. Park Apartments

What is a cheap apartment in Martin Luther King Jr. Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Martin Luther King Jr. Park is under $797.

What is the price of a cheap apartment in Martin Luther King Jr. Park?

The cheapest apartment in Martin Luther King Jr. Park is Highland Park Apartments which is listed at $597, while the average apartment in Martin Luther King Jr. Park costs $1,916.

What types of apartments are the cheapest in Martin Luther King Jr. 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 59 regular apartments in Martin Luther King Jr. 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 Martin Luther King Jr. Park?

Cheap apartments in Martin Luther King Jr. Park have an average cost of $177 which is $1,739 cheaper than the average rent for all rentals in Martin Luther King Jr. 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

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.