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OFFER:

1 Month Free!* Receive 1 month free when you sign a lease by December 31st. *12+ month lease term required.

modified
13 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly
  • Sundeck
  • Fitness center
  • Rooftop terrace
  • In-home washers and dryers
  • Modern features
  • Polished granite countertops

Location

604 Locust St, Des Moines, IA 50309, USA|Downtown Des Moines
Hi! Let’s figure out if this property is right for you.

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Tour The Equitable Building

Contact

Management

Block Real Estate Services

Leasing office

(844) 325-6407 ext. 2426

Open 

8:30 am–5:30 pm CT

Property Overview

The Equitable Building stands out with an impressive Zumper Expert Rating of 8.8 and exceptional amenities, including a fitness center and rooftop terrace, earning a perfect 10. Its pricing is competitively rated at 8, ensuring value for money, while a location rating of 9 highlights convenient access to various attractions. Additionally, transparency in property management and numerous nearby amenities enhance its appeal for renters seeking quality living.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.2
Very Good
With a solid 8.2 out of 10 overall, The Equitable Building is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Equitable Building has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space
  • Elementary school nearby

Great for

  • Social life
  • Eco living
  • Work-from-home

Floor plans

Waltz1 bed1 bath860 sqft$1,338 /mo1 unit available
Armstrong2 bed2 bath1,156 sqft$1,471–$1,481 /mo2 units available
Bootlegger2 bed2 bath1,110 sqft$1,599–$1,659 /mo2 units available
Charleston2 bed2 bath1,200 sqft$1,762–$1,772 /mo2 units available

Let's explore this property.

Amenities for The Equitable Building

Apartment Amenities

Air ConditioningCeiling Fan
Efficient U-Shaped Kitchen DesignFire Sprinkler System
Guest RoomHistoric 1920S Gothic-Inspired Skyscraper
Historic 1920S Terrazzo FlooringModern Accent Wall Paint Scheme
Modern Flat Slab DoorOriginal 1920S Steel Window
PantryPolished Granite Countertop
Resident StorageSpacious Walk-In Closet
Stainless Steel Double-Bowl SinkSteel Outdoor Balcony
Sun-Filtering Basket Weave ShadesWalk-in Closet
Window Coverings

Appliances

Ceramic Top Electric RangesDishwasher
Energy Efficient Heating & Air ConditioningIn-Unit Laundry
MicrowaveStainless Steel Appliances
Washer and Dryer

Tech

Cable ReadyElectronic Thermostat
High-Speed Internet

Building

Cats OKControlled Access
Dogs OKElevator
Fitness CenterFree Weights
Freight ElevatorHistoric 1920s Lobby
Historic BuildingResidents Lounge
Roof DeckWheelchair Accessible

Grounds

Assigned ParkingBike Racks
Garage ParkingGate
Outdoor SpaceStorage

Services

Conveniently Located Trash and Recycling DisposalFlexible Rental Payment Options
On-Site MaintenanceOn-Site Management

Neighborhood

Close Proximity to Downtown Nightlife and Dining

Other

Short Term Lease
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

One-time. Refundable: 100%. Security Deposit.

$300

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: Breed Restrictions apply.

$25

Pet Fee

One-time fee per pet.

$300

Dog

Pet Rent

Monthly. 2 dogs max. | Restrictions: Breed Restrictions apply.

$25

Pet Fee

One-time fee per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Units146
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About The Equitable Building

HomeApartments in Des MoinesDowntown Des Moines The Equitable Building

The Equitable Building cost $1,338–$1,867 per month. A couple amenities for this apartment building include but are not limited to: wheelchair accessible and residents lounge. Located at 604 Locust St, Des Moines, IA 50309, USA, The Equitable Building has 1 — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Des Moines, renting an apartment at The Equitable Building is 80% more expensive per month.Other apartment buildings in or around Des Moines include but are not limited to: 6201 Ep True Pkwy, 3861 Woodland Ave, 5101 Hawthorne Dr, 4200 Park Avenue


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.2
/10
Very Good
With a solid 8.2 out of 10 overall, The Equitable Building is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Equitable Building has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Equitable Building
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Equitable Building is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Equitable Building stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Equitable Building is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
The Equitable Building has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 8 highest rated

Amazing building, such wonderful property managers and top-notch maintenance. Everything you’d want or need out or a downtown residency.

Matthew Quetti

Matthew Quetti

Oct 17, 2024

If you are looking for an apartment in Des Moines--look no further!! The manager and staff are the best I have worked with: caring, considerate, and VERY professional. The building is gorgeous and always kept immaculate. The apartments are beautiful and spacious with numerous amenities for a downtown community! If my career ever brings me back to DSM, I know I will be calling Angela!

Taylor Darby

Taylor Darby

Jul 27, 2021

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

The Equitable Building is great for:

Social life

  • 195 restaurants within 1 mile of this property
  • 280 mixed-use spaces nearby
  • 25 theaters, music venues, or sports arenas nearby
  • 45 local event hubs within 1 mile

Eco living

  • 26 parks within a mile
  • On-site recycling or composting options
  • Energy efficient appliances
  • Thermostats

Work-from-home

  • High speed internet is an amenity
  • 6 office supply stores within 1 mile
  • 3 coworking spaces or cafes within 1 mile
  • Large windows for natural lighting

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Equitable Building compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 171 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 1-bedroom is 78 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Downtown Des Moines

1-bedroom apartments here are priced 12% higher than 1-bedrooms in Downtown Des Moines.

If you decide to upgrade your space, you can expect 2-bedrooms at The Equitable Building to be 1% more than the average for similarly sized apartments in Downtown Des Moines.

Median rents as of Dec 20 2025.
Downtown Des Moines
Des Moines
A table of studio rental data trends in Des Moines
MonthMedian Rent
January 2024$867
February 2024$802
March 2024$871
April 2024$897
May 2024$896
June 2024$906
July 2024$898
August 2024$849
September 2024$935
October 2024$937
November 2024$884
December 2024$898
January 2025$897
February 2025$895
March 2025$825
April 2025$783
May 2025$774
June 2025$773
July 2025$773
August 2025$767
September 2025$753
October 2025$750
November 2025$750
December 2025$750
A table of studio rental data trends in Downtown Des Moines
MonthMedian Rent
January 2024$999
February 2024$925
March 2024$969
April 2024$972
May 2024$1,014
June 2024$1,018
July 2024$1,022
August 2024$1,006
September 2024$1,015
October 2024$1,011
November 2024$1,018
December 2024$1,020
January 2025$1,014
February 2025$1,014
March 2025$976
April 2025$957
May 2025$942
June 2025$907
July 2025$928
August 2025$931
September 2025$877
October 2025$891
November 2025$889
December 2025$907

Affordability calculator

Can I afford to live at 604 Locust St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$53,520/yr

With your selected rent-to-income ratio, you'd ideally want to make $53,520 annually to afford this 1-bedroom monthly rent price of $1,338.
For more information on rent affordability, visit our rent calculator.

Schools near The Equitable Building

Walnut Street School

901 walnut st

des moines, IA, 50309

PK, K-5Public
C

Woodlawn Early Childhood Center

4000 lower beaver rd

des moines, IA, 50310

PKPublic

Mitchell Early Childhood Center

111 porter

des moines, IA, 50310

PKPublic

McKee Elementary School

2115 e 39th st

des moines, IA, 50317

PKPublic
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Internet available near The Equitable Building

Getting around Des Moines near 604 Locust St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 604 Locust St, Des Moines

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Variety of bars within walking distance

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