
Cheap Apartments for Rent in the Martin Luther King Jr. Park Neighborhood of Des Moines, IA from $300 (88 Rentals)
Search the lowest-cost Apartments available for rent right now in the Martin Luther King Jr. Park area of Des Moines.


Highland Park Apartments

Riverview Oaks Apartments

2303 E 9th St

Civic Center Court Apartments

The Des Moines Building

The Elliott

East Village Square

Capitol Heights

614 Douglas Ave
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.

Randolph Apartments

City Square Lofts

Woodland Meadows

Maverick Apartments

The Griffin Building

The Fleming Building

Total Monthly Price
The Scott at East Village

Jackson Crossing

Court Ave Lofts

Northtown 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.

1809 Arlington Ave, Unit 10

Madison Flats

The Parker @ Seventh

1809 Arlington Ave, Unit 3

The Lyon

The Flats at Highland Park Apartments

1354 E 12th St

907 SE 9th St

The Edge @ Grays Landing

Cityville
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.

Rowat Lofts Apartments

R&T Lofts

E300

910 E Railroad Ave

District at 6th Apartments

Wilkins Bldg

Metro Lofts

Eagle View Lofts

418 East Grand

Riverpoint Lofts
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.

Union at Rivers Edge

Rumely Lofts

Velocity

Maxwell

The Residences at River View

Vine Street Lofts

Fourth And Court

Total Monthly Price
Tempo East Village

241-243 E 24th St

1914 10th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Martin Luther King Jr. Park, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Martin Luther King Jr. Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martin Luther King Jr. Park Studio Apartments | $989 | $480 | $1,775 |
| Martin Luther King Jr. Park 1 Bedroom Apartments | $1,292 | $480 | $3,117 |
| Martin Luther King Jr. Park 2 Bedroom Apartments | $1,501 | $767 | $2,934 |
| Martin Luther King Jr. Park 3 Bedroom Apartments | $2,080 | $1,095 | $2,798 |
| Martin Luther King Jr. Park 4 Bedroom Apartments | $9,544 | $1,291 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 88 rentals with your search options within a 2 mile radius of the Martin Luther King Jr. Park Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Martin Luther King Jr. Park, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
- Nearby Cities
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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 Mezzo on Walnut priced from $350. Highland Park Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mezzo on Walnut | Aria 3 | 1BR,1BA | $350 |
| Highland Park Apartments | Standard 1 Bed | 1BR,1BA | $597 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $597 |
| Riverview Oaks Apartments | Studio | Studio,1BA | $625 |
| The Des Moines Building | Studio | Studio,1BA | $705 |
| The Elliott | Studio | Studio,1BA | $710 |
| City Square Lofts | S1 | Studio,1BA | $784 |
| Maverick Apartments | 1/1 | 1BR,1BA | $799 |
| The Griffin Building | Studio | Studio,1BA | $800 |
| The Fleming Building | #5 - Studio | Studio,1BA | $815 |
Best Value Apartments for Rent in Martin Luther King Jr. Park, IA
As of April 25, 2026 the best value apartment in the Martin Luther King Jr. Park area is the $1.24 price per square foot Redwood I Deluxe (W/D) Model at The Aspen in the in the Grandview College Area neighborhood starting from $1,228. The second greatest value Martin Luther King Jr. Park apartment is the CA-C3 - Income Restricted Model at Court Ave Lofts starting at $1,150 with a $1.21 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Aspen | Redwood I Deluxe (W/D) | 3BR,2BA | $1.24 |
| Court Ave Lofts | CA-C3 - Income Restricted | 2BR,2BA | $1.21 |
| Northtown Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.99 |
| Vine Street Lofts | 1 Bedroom | 1BR,1BA | $1.21 |
| Riverpoint Lofts | A6 | 1BR,1BA | $1.26 |
| Maverick Apartments | 1/1 | 1BR,1BA | $1.18 |
| East Village Square | 1x1-676 | 1BR,1BA | $1.26 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.15 |
| Highland Park Apartments | Standard 1 Bed | 1BR,1BA | $1.09 |
| Highland Park Manor | Standard 1 Bed | 1BR,1BA | $1.09 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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.
Pet Friendly LifestyleMartin Luther King Jr. Park, Des Moines, IA
Ranked #16
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Martin Luther King Jr. Park, Des Moines, IA
East High School
Hiatt Middle School
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 $815.
What is the price of a cheap apartment in Martin Luther King Jr. Park?
The cheapest apartment in Martin Luther King Jr. Park is Mezzo on Walnut which is listed at $350, while the average apartment in Martin Luther King Jr. Park costs $9,450.
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 $193 which is $9,257 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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.