Cheap Apartments for Rent in the Waterbury Neighborhood of Des Moines, IA from $500 (79 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 Bedroom Apartments

Drake Collection

2931 Cottage Grove AveDes 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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Hickman House
1 to 2 Bedroom Apartments

Hickman House

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

Grand Prix Apartments

3205 Grand AveDes Moines, IA 50312
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Roosevelt Manor
2 Bedroom Apartments

Roosevelt Manor

4223 Chamberlain DrDes Moines, IA 50312
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4010 University
2 Bedroom Apartments

4010 University

4010 UniversityDes Moines, IA 50311
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4314 University Ave
1 Bedroom Apartments

4314 University Ave

4314 University AveDes Moines, IA 50311
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Showing Results 1-50, Page 1 of 2

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 Ingersoll Park Studios priced from $625. Urban Heights has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Waterbury apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
Urban Heights0BR/1.0BAStudio,1BA$625
The Eddy0BR/1.0BAStudio,1BA$650
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
Lenox PropertiesDrake1BR,1BA$695
Hampton House ApartmentsStudioStudio,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710
Windsor Terrace ApartmentsStudioStudio,1BA$725
The View On Hickman0BR/1.0BAStudio,1BA$725
The Drake1 Bedroom 1 Bathroom1BR,1BA$730

Best Value Apartments for Rent in Waterbury, IA

As of May 11, 2025 the best value apartment in the Waterbury area is the $0.82 price per square foot 2 bed Model at 2813 Cottage Grove Ave in the in the Drake Park neighborhood starting from $900. The second greatest value Waterbury apartment is the One Bedroom Model at Hamilton Apartments starting at $800 with a $0.84 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.
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
Bennett Grand Woods Apartments2B1B2BR,1BA$1.17
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.09
Park West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.12
Deer Ridge2 Bedroom 1.5 Bath2BR,1.5BA$1.15
Nelson LLC2BR/1.0BA2BR,1BA$1.03
Urban Green Apartments1 BR Oak1BR,1BA$1.15
The View On Hickman0BR/1.0BAStudio ,1BA$1.04
The Drake1 Bedroom 1 Bathroom1BR,1BA$1.17

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
Waterbury, Des Moines, IA

Ranked #31

Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Waterbury, Des Moines, IA

School data provided by Great Schools

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Waterbury Apartments

What is a cheap apartment in Waterbury?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterbury is under $730.

What is the price of a cheap apartment in Waterbury?

The cheapest apartment in Waterbury is Lenox Properties which is listed at $695, while the average apartment in Waterbury costs $1,420.

What types of apartments are the cheapest in Waterbury?

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 23 regular apartments in Waterbury 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 Waterbury?

Cheap apartments in Waterbury have an average cost of $275 which is $1,145 cheaper than the average rent for all rentals in Waterbury.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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