Cheap Apartments for Rent in the Capitol East Neighborhood of Des Moines, IA from $400 (54 Rentals)

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

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421 College Ave
1 Bedroom Apartments

421 College Ave

421 College AveDes Moines, IA 50314
  • Utilities Included
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Capitol East, Des Moines, IA Local Guide

Cheapest Available Capitol East Apartments for Rent

 

The cheapest available apartment rental in the Capitol East area of Des Moines, IA is a Studio unit found at City Square Lofts priced from $680. Pioneer Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Capitol East apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
City Square LoftsS1Studio,1BA$680
Pioneer EstatesB11BR,1BA$700
East Village SquareStudio 390-392Studio,1BA$725
Capitol Heights Apartments1 Bedroom1BR,1BA$725
The ElliottStudioStudio,1BA$750
The Des Moines BuildingS1Studio,1BA$757
Court Ave LoftsCA-A2 - Income Restricted1BR,1BA$788
Randolph ApartmentsThe WarrenStudio,1BA$800
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$825
Riverpoint LoftsA61BR,1BA$830

Best Value Apartments for Rent in Capitol East, IA

As of April 30, 2025 the best value apartment in the Capitol East area is the $1.15 price per square foot Vega Model at Rocket Transfer Lofts in the in the Southwest Des Moines neighborhood starting from $1,605. The second greatest value Capitol East apartment is the 2 Bedroom 2 Bathroom Model at AP Lofts starting at $1,485 with a $1.33 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Capitol East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rocket Transfer LoftsVega2BR,2BA$1.15
AP Lofts2 Bedroom 2 Bathroom2BR,2BA$1.33
Wilkins BldgMarket Rate1BR,1BA$1.30
Vine Street Lofts1 Bedroom1BR,1BA$1.27
Union at Rivers Edge111_1b61BR,1BA$1.41
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.31
Riverpoint LoftsA51BR,1BA$1.15
Rivers RunNew Vibe 2 Bedrooms2BR,1BA$1.37
Riverview Oaks Apartments1 Bedroom 1 Bathroom1BR,1BA$1.07
Pioneer EstatesB11BR,1BA$1.40

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Capitol East, Des Moines, IA

Ranked #20

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 East, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Iowa including Capitol East, Des Moines, and the greater Des Moines area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Capitol East Neighborhood in Des Moines, IA

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

40 / 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 East Apartments

What is a cheap apartment in Capitol East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol East is under $830.

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

The cheapest apartment in Capitol East is Pioneer Estates which is listed at $700, while the average apartment in Capitol East costs $2,100.

What types of apartments are the cheapest in Capitol East?

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 58 regular apartments in Capitol East 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 East?

Cheap apartments in Capitol East have an average cost of $176 which is $1,924 cheaper than the average rent for all rentals in Capitol East.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.