Cheap Apartments for Rent in the Waywin Acres Neighborhood of Ankeny, IA from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waywin Acres area of Ankeny.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 201 SW State St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

201 SW State St

AnkenyIA50023
property at 802 SW 3rd St

$1,250

2 Bedroom, 1 Bath Rentals

Available Now

802 SW 3rd St

AnkenyIA50023

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1319 SE Delaware Ave

$1,399

Total Monthly Price

Total Monthly Price

Base Rent
$1,399
Total Monthly Price
$1,399

2 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 1

1319 SE Delaware Ave

AnkenyIA50021
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306 NW State St
1 Bedroom Apartments

306 NW State St

306 NW State StAnkeny, IA 50023
  • Utilities Included
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Autumn Ridge
2 to 3 Bedroom Apartments

Autumn Ridge

2050 Four Seasons DrAnkeny, IA 50021
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Fletcher Estates
1 to 3 Bedroom Apartments

Fletcher Estates

205 NE Hayes DrAnkeny, IA 50021
  • Utilities Included
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Belmont Point Apartments
2 Bedroom Apartments

Belmont Point Apartments

1102 SE Belmont DrAnkeny, IA 50021
Student Housing
  • Utilities Included
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Trailside Apartments
1 to 2 Bedroom Apartments

Trailside Apartments

1115 W 1st StAnkeny, IA 50023
  • Utilities Included
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Walnut Ridge
2 Bedroom Apartments

Walnut Ridge

201-217 NE 12th St PlAnkeny, IA 50021
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-50, Page 1 of 2

Waywin Acres, Ankeny, IA Local Guide

Cheapest Available Waywin Acres Apartments for Rent

 

The cheapest available apartment rental in the Waywin Acres area of Des Moines, IA is a Studio unit found at Trilein Village priced from $770. 218 NW State St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here are the most affordable Waywin Acres apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Trilein VillageSterling SignatureStudio,1BA$770
218 NW State St2 BD Legacy2BR,1BA$845
Lake Shore ParkB32BR,1BA$895
Timberland at CrestbruckOne Bedroom B1BR,1BA$916
Oakwood PlaceIronwood 40%2BR,1BA$927
Brick Towne at Signature Village1 Bedroom1BR,1BA$950
Lake Shore ApartmentsA1 - Red Rock1BR,1BA$965
Lake Shore PlaceB12BR,1BA$977
District Lofts ApartmentsDistrict Lofts 1 - 1st Floor Studio (ADA)1BR,1BA$990

Best Value Apartments for Rent in Waywin Acres, IA

As of July 25, 2026 the best value apartment in the Waywin Acres area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Hayes Acres neighborhood starting from $2,300. The second greatest value Waywin Acres apartment is the Elm St - Ranch Finished Basement Model at Elm St Villas starting at $2,600 with a $0.94 price per square foot in the Hayes Acres neighborhood. Here is today’s list of the best values for Waywin Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie TrailsFour bed4BR,3BA$0.77
Elm St VillasElm St - Ranch Finished Basement3BR,3BA$0.94
Pointe 28Conley Signature3BR,2BA$1.34
Tradition Pointe2Bdrm - 1115 Building (A)2BR,2BA$1.41
Delaware Crossing Apartments & Townhomes2Bedroom/1Bath2BR,1BA$1.32
Maple Apartments2BR/1.0BA2BR,1BA$1.11
Lake Shore PlaceB12BR,1BA$1.12
Lake Shore ParkB12BR,1BA$1.10
218 NW State St2 BD Legacy2BR,1BA$1.06
206 SW State St, Unit 5206 SW State St1BR,1BA$1.21

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Waywin Acres, Ankeny, IA

Ranked #5

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Waywin Acres, Ankeny, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Ankeny. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Waywin Acres Apartments

What is the price of a cheap apartment in Waywin Acres?

The cheapest apartment in Waywin Acres is Timberland at Crestbruck which is listed at $916, while the average apartment in Waywin Acres costs $1,596.

What types of apartments are the cheapest in Waywin Acres?

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 4 regular apartments in Waywin Acres 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 Waywin Acres?

Cheap apartments in Waywin Acres have an average cost of $460 which is $1,136 cheaper than the average rent for all rentals in Waywin Acres.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

Written by: Joseph Isenberg

I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.