Cheap Homes for Rent in Waterbury Neighborhood of Des Moines, IA from $500 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-15, Page 1 of 1

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 1 Bed unit found at The Drake Apartments priced from $630. The View On Hickman has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Waterbury apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
The Drake ApartmentsB31BR,1BA$630
The View On Hickman0BR/1.0BAStudio,1BA$650
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
Hampton House ApartmentsStudioStudio,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710

Best Value Apartments for Rent in Waterbury, IA

As of July 30, 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 2107 52nd St Model at 2107 52nd St, Unit 2017 starting at $1,100 with a $1.10 price per square foot in the Merle Hay 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
2107 52nd St, Unit 20172107 52nd St2BR,1.5BA$1.10
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
Urban Green Apartments - Urbandale2 BD Oak2BR,1BA$0.99
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.94
Park West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.12
JK Sully10752BR/1.0BA2BR,1BA$0.99
Nelson LLC2BR/1.0BA2BR,1BA$1.00
Skyloft Apartments2BR/1.0BA2BR,1BA$1.09
Clover Hills Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.02

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Waterbury

What type of rentals are currently available in Waterbury?

There are currently 301 Apartments for Rent in Waterbury, IA with pricing that ranges from $630 to $4,991. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterbury ranging from $560 to $2,395.

What is the current price range for Rental Homes in Waterbury?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterbury ranges from $560 to $2,395 with an average monthly rent of $1,368.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.