Cheap Apartments for Rent in the Martin Luther King Jr. Park Neighborhood of Des Moines, IA from $500 (68 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.

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

Cheapest Neighborhoods for Apartments in Martin Luther King Jr. Park, IA

Pricing Updated: 03/21/2025

Current apartment rentals in the Martin Luther King Jr. Park, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Martin Luther King Jr. Park Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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 Studio unit found at Highland Park Apartments (DSM) priced from $575. The Aspen has the second lowest priced unit, which is a 2 Beds apartment currently listed from $697. Here are the most affordable Martin Luther King Jr. Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Highland Park Apartments (DSM)StudioStudio,1BA$575
The AspenDeluxe 2 Bedroom2BR,1BA$697
The Scott at East VillageStudioStudio,1BA$705
Wedgewood Coop1BR/1.0BA1BR,1BA$725
East Village SquareStudio 390-392Studio,1BA$725
Capitol Heights Apartments1 Bedroom1BR,1BA$725
The ElliottStudioStudio,1BA$750
Rowat LoftsS1 - OnyxStudio,1BA$758
Riverpoint LoftsA11BR,1BA$775
Court Ave LoftsCA-A2 - Income Restricted1BR,1BA$788

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

As of March 21, 2025 the best value apartment in the Martin Luther King Jr. Park area is the $0.79 price per square foot 935 E 7th St Model at 935 E 7th St, Unit 935 E 7th street Apt 2 in the in the Grandview College Area neighborhood starting from $950. The second greatest value Martin Luther King Jr. Park apartment is the C1 - Owners Suite Model at Ballyard Lofts starting at $1,561 with a $1.30 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.
935 E 7th St, Unit 935 E 7th street Apt 2935 E 7th St2BR,1BA$0.79
Ballyard LoftsC1 - Owners Suite2BR,2BA$1.30
Wilkins BldgIncome Restricted2BR,1BA$1.10
The Aspen3 Bedroom3BR,2BA$1.20
The Griffin Building2 Bedroom 1 Bathroom2BR,1BA$1.23
Vine Street Lofts1 Bedroom1BR,1BA$1.24
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$1.03
Rumely Lofts1 Bedroom Income Restricted1BR,1BA$1.31
Rivers RunNew Vibe 2 Bedrooms2BR,1BA$1.37
Wedgewood Coop1BR/1.0BA1BR,1BA$1.12

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Pet Friendly Lifestyle
Martin Luther King Jr. Park, Des Moines, IA

Ranked #18

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
Martin Luther King Jr. Park, Des Moines, IA

School data provided by Great Schools

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!

Getting Around the Martin Luther King Jr. Park Neighborhood in Des Moines, IA

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

37 / 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 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 $788.

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 (DSM) which is listed at $647, while the average apartment in Martin Luther King Jr. Park costs $1,995.

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 1,745 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 $227 which is $1,768 cheaper than the average rent for all rentals in Martin Luther King Jr. Park.

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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