Cheap Apartments for Rent in the Waywin Acres Neighborhood of Ankeny, IA from $500 (57 Rentals)

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

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 209 SW School St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

209 SW School St

AnkenyIA50023

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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Vintage Lofts
$1,200 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,550
Total Monthly Price
$1,200 - $1,550
1 Bedroom Apartments Available Jul 31

Vintage Lofts

1675 SW Magazine RdAnkeny, IA 50023
Affordability
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 402 SE 11th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

402 SE 11th St

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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Oakwood Place
1 to 3 Bedroom Apartments

Oakwood Place

2810 SE Rio DrAnkeny, IA 50021
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Walnut Ridge
2 Bedroom Apartments

Walnut Ridge

201-217 NE 12th St PlAnkeny, IA 50021
  • 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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The Maples
1 to 2 Bedroom Apartments

The Maples

1011 SE 3rd StAnkeny, IA 50021
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Peach Tree
1 to 2 Bedroom Apartments

Peach Tree

2701 SE Peachtree DrAnkeny, IA 50021
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218 NW State St
2 Bedroom Apartments

218 NW State St

218 NW State StAnkeny, IA 50023
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310 NW Chapel Dr
2 Bedroom Apartments

310 NW Chapel Dr

310 NW Chapel DrAnkeny, IA 50023

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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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 1 Bed unit found at The Maples priced from $795. 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
The Maples1BR/1.0BA1BR,1BA$795
218 NW State St2 BD Legacy2BR,1BA$845
Timberland at CrestbruckStudioStudio,1BA$885
Lake Shore ParkB52BR,1BA$949
Brick Towne at Signature Village1 Bedroom1BR,1BA$950
Lake Shore ApartmentsS3 - Sun ValleyStudio,1BA$1,044
AshbrookeCypress2BR,1BA$1,080
Delaware Crossing Apartments & Townhomes2Bedroom/1Bath2BR,1BA$1,088
Pine MeadowsB1 Renovated2BR,1BA$1,100
RoseannRoseann 1st Floor 1 bed Corner1BR,1BA$1,199

Best Value Apartments for Rent in Waywin Acres, IA

As of June 10, 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 2Bdrm - 1115 Building (A) Model at Tradition Pointe starting at $1,367 with a $1.22 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
Tradition Pointe2Bdrm - 1115 Building (A)2BR,2BA$1.22
Lake Shore PlaceC13BR,2BA$1.17
Prairie LakesTwo Bedroom2BR,2BA$1.34
Delaware Crossing Apartments & Townhomes2Bedroom/1Bath - Upgraded2BR,1BA$1.29
Lake Shore ParkB32BR,1BA$1.18
Pine MeadowsB1 Renovated2BR,1BA$1.32
218 NW State St2 BD Legacy2BR,1BA$1.06
AshbrookeCypress2BR,1BA$1.36
The Maples1BR/1.0BA1BR,1BA$1.06

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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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 #4

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 The Maples which is listed at $795, while the average apartment in Waywin Acres costs $1,790.

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 $248 which is $1,542 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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.