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 1 Bed unit found at Pioneer Estates priced from $690. East Village Square has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Capitol East apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Pioneer EstatesB11BR,1BA$690
East Village SquareStudio 390-392Studio,1BA$725
Capitol Heights1BR/1.0BA1BR,1BA$725
Civic Center Court ApartmentsStudio - Apply NowStudio,1BA$750
The ElliottStudioStudio,1BA$750
The Des Moines BuildingS1Studio,1BA$757
Riverpoint LoftsA11BR,1BA$775
Randolph ApartmentsThe WarrenStudio,1BA$800
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$825

Best Value Apartments for Rent in Capitol East, IA

As of May 15, 2025 the best value apartment in the Capitol East area is the $1.16 price per square foot Vega Model at Rocket Transfer Lofts in the in the Southwest Des Moines neighborhood starting from $1,620. The second greatest value Capitol East apartment is the 935 E 7th St Model at 935 E 7th St, Unit 935 E 7th street Apt 2 starting at $950 with a $0.79 price per square foot in the Grandview College Area 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$1.16
935 E 7th St, Unit 935 E 7th street Apt 2935 E 7th St2BR,1BA$0.79
Court Ave LoftsCA-C42BR,2BA$1.15
Wilkins BldgMarket Rate1BR,1BA$1.30
Vine Street Lofts1 Bedroom1BR,1BA$1.27
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$1.03
Sevastopol Station1 Bedroom 1 Bathroom1BR,1BA$1.10
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.31
Rivers RunNew Vibe 2 Bedrooms2BR,1BA$1.37
Pioneer EstatesB11BR,1BA$1.38

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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Pet Friendly Lifestyle
Capitol East, Des Moines, IA

Ranked #19

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 $825.

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

The cheapest apartment in Capitol East is Pioneer Estates which is listed at $690, while the average apartment in Capitol East costs $2,158.

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 56 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 $172 which is $1,986 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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