Cheap Apartments for Rent in the Waterbury Neighborhood of Des Moines, IA from $500 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterbury area of Des Moines.

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3809 University Ave
Studio Apartments

3809 University Ave

3809 University AveDes Moines, IA 50311
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The Winona
1 to 2 Bedroom Apartments

The Winona

527 40th StDes Moines, IA 50312
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Ingersoll Park
Studio to 1 Bedroom Apartments

Ingersoll Park

4906 Ingersoll AveDes Moines, IA 50312
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Drake Collection
1 to 3 Bedroom Apartments

Drake Collection

2931 Cottage Grove AveDes Moines, IA 50311
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The Eddy
Studio to 2 Bedroom Apartments

The Eddy

1120 Polk BlvdDes Moines, IA 50311
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Grand Terrace
Studio to 2 Bedroom Apartments

Grand Terrace

2917 Grand AveDes Moines, IA 50312
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University West
2 Bedroom Apartments

University West

4010 UniversityDes Moines, IA 50311
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Hickman House
1 to 2 Bedroom Apartments

Hickman House

2221 63rd StDes Moines, IA 50322
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Grand Colony Apartments
Studio to 1 Bedroom Apartments

Grand Colony Apartments

2824 Grand AveDes Moines, IA 50312
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Waterbury, Des Moines, IA Local Guide

Cheapest Available Waterbury Apartments for Rent

 

The cheapest available apartment rental in the Waterbury area of Des Moines, IA is a Studio unit found at Urban Heights priced from $625. Imperial Grand Prix has the second lowest priced unit, which is a Studio apartment currently listed from $647. Here are the most affordable Waterbury apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Urban Heights0BR/1.0BAStudio,1BA$625
Imperial Grand PrixGrand Prix StudioStudio,1BA$647
The AcaciaStudio - ClassicStudio,1BA$647
The View On Hickman0BR/1.0BAStudio,1BA$650
Lenox PropertiesGreenwood AStudio,1BA$675
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
Hampton House ApartmentsStudioStudio,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710
Windsor Terrace ApartmentsStudioStudio,1BA$725

Best Value Apartments for Rent in Waterbury, IA

As of November 11, 2025 the best value apartment in the Waterbury area is the $0.81 price per square foot 2 BR/ 1 BA Model at 3612 Ingersoll Ave in the in the Southwest Des Moines neighborhood starting from $1,300. The second greatest value Waterbury apartment is the 3 Bed | 2 Bath Model at 3000 Grand Apartments starting at $1,505 with a $1.09 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Waterbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3612 Ingersoll Ave2 BR/ 1 BA2BR,1BA$0.81
3000 Grand Apartments3 Bed | 2 Bath3BR,2BA$1.09
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
2107 52nd St, Unit 20172107 52nd St2BR,1.5BA$1.00
3120 Cottage Grove Ave, Unit Apt 23120 Cottage Grove Ave1BR,1BA$0.81
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
Ingersoll TowersGreenwood2BR,1BA$0.97
Clover HillsB1 Classic2BR,1.5BA$0.94
The 4220 Grand ApartmentsTwo Bedroom2BR,1BA$1.07
Urban Green Apartments - Urbandale1 BR Oak1BR,1BA$1.15

Quick Rent Budget Calculator

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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
Waterbury, Des Moines, IA

Ranked #29

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Iowa and customized analysis for Western Des Moines, IA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Waterbury Neighborhood in Des Moines, IA

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Waterbury Apartments

What is the Cheapest Studio apartment in Waterbury?

Currently the most affordable Cheap Studio Apartment in Waterbury is at Urban Heights listed at $625.

How much is rent for a Cheap One Bedroom Waterbury Apartment?

The lowest price for a Cheap One Bedroom Waterbury Apartment is $725 at West Glen Apartments.

What is the lowest price for a Cheap Two Bedroom Waterbury Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterbury is starting from $795 at Lenox Properties.

What is the most affordable Waterbury Three Bedroom Apartment?

The best deal on a cheap Waterbury Three Bedroom Apartment rental is at Briarwood Grand Apartments and starts from $1,075.

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.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.