Cheap Homes for Rent in Waterbury Neighborhood of Des Moines, IA from $600 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

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.

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.

property at 1413 63rd St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1413 63rd St

Des MoinesIA50311

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.

property at 4204 Franklin Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

4204 Franklin Ave

Des MoinesIA50310

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 Lenox Properties priced from $595. The Acacia 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
Lenox PropertiesGreenwood AStudio,1BA$595
The AcaciaStudio - ClassicStudio,1BA$647
Urban Heights0BR/1.0BAStudio,1BA$675
The View On Hickman0BR/1.0BAStudio,1BA$675
Hampton House ApartmentsStudioStudio,1BA$700

Best Value Apartments for Rent in Waterbury, IA

As of May 27, 2026 the best value apartment in the Waterbury area is the $0.60 price per square foot 2 Bedroom 1.5 Bath Model at Normandy Terrace Apartments in the in the Golf & Country Club neighborhood starting from $900. The second greatest value Waterbury apartment is the 3 Bed | 2 Bath Model at 3000 Grand Apartments starting at $1,405 with a $1.02 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.
Normandy Terrace Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.60
3000 Grand Apartments3 Bed | 2 Bath3BR,2BA$1.02
Alta Casa2 Beds, 1 bath2BR,1BA$1.14
West Glen ApartmentsB1 Classic2BR,1.5BA$0.92
Bennett Grand Woods ApartmentsAB-2B1B2BR,1BA$1.14
Clover HillsB1 Classic2BR,1.5BA$0.94
Urban Green Apartments - Urbandale2B OG2BR,1BA$1.03
Hickman OneModel A2BR,1BA$1.20
Hickman Hill Apartments HEAT & WATER INCLUDED1 Bedroom- Call for Specials1BR,1BA$1.11
Village on Grand1 B 1 B1BR,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.

Read Article
Decorative image

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.

Read Article
Decorative image

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 306 Apartments for Rent in Waterbury, IA with pricing that ranges from $525 to $2,161. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterbury ranging from $650 to $1,850.

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 $650 to $1,850 with an average monthly rent of $1,261.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.