The Most Affordable Neighborhoods in Capitol Park, Des Moines, IA by Home Value

 

Capitol Park, Des Moines, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Capitol Park area can be challenging. Home prices in Capitol Park are now at a median cost of $161,000, lower than the Des Moines average of $286,355.

The average cost of rent is $1,084/mo in Capitol Park, primarily driven by the current value of real estate in the Capitol Park area. In Capitol Park, 39.26% of households rent, and 32.00% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Capitol Park is $4,474 per month. Households that rent pay about 24.24% of their income on rent here. Capitol Park’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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