
Cheap Homes for Rent in the Waterbury Neighborhood of Des Moines, IA from $500 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterbury area of Des Moines.


3607 Ingersoll Ave

3607 Ingersoll Ave

3607 Ingersoll Ave

3607 Ingersoll Ave

3607 Ingersoll Ave

3607 Ingersoll Ave
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.

3903 University Ave

1137 44th St

2905 High St

4009 University Ave, Unit 3

4010 University

901 41st St

1617 34th St
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.

1039 5th St

3724 University Ave

1829 48th St

1525 32nd St

232 1st St

1144 Polk Blvd

2002 34th St
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.

228 1st St

2002 63rd St
Waterbury, Des Moines, IA Local Guide

How much does it cost to rent a home in Waterbury?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterbury 2 Bedroom Homes for Rent | $1,250 | $900 | $1,500 |
| Waterbury 3 Bedroom Homes for Rent | $1,676 | $1,175 | $1,995 |
| Waterbury 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Waterbury Neighborhood of Des Moines, IA.
Explore Des Moines
Waterbury, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 The Acacia priced from $647. Urban Heights 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Urban Heights | 0BR/1.0BA | Studio,1BA | $650 |
| The Drake | B3 | 1BR,1BA | $695 |
| Lenox Properties | Drake B | 1BR,1BA | $695 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
Best Value Apartments for Rent in Waterbury, IA
As of July 12, 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 2 Bedroom Model at Alta Casa starting at $1,195 with a $1.14 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Normandy Terrace Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $0.60 |
| Alta Casa | 2 Bedroom | 2BR,1BA | $1.14 |
| River Oaks Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.15 |
| 560 29th St | 560 29th St | 2BR,1BA | $0.98 |
| Bennett Grand Woods Apartments | AB-2B1B | 2BR,1BA | $1.22 |
| Urban Green Apartments - Urbandale | 2 BD Oak | 2BR,1BA | $0.97 |
| Hickman One | Model A | 2BR,1BA | $1.20 |
| 2820-2822 Kingman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $0.99 |
| Hickman Hill Apartments HEAT & WATER INCLUDED | 1 Bedroom - FURNISHED | 1BR,1BA | $1.22 |
| Village on Grand | 1 B 1 B | 1BR,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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Waterbury, Des Moines, IA
Hanawalt Elementary
School data provided by Great Schools
Frequently Asked Questions about Waterbury
What type of rentals are currently available in Waterbury?
There are currently 310 Apartments for Rent in Waterbury, IA with pricing that ranges from $595 to $2,584. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterbury ranging from $525 to $1,995.
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 $525 to $1,995 with an average monthly rent of $1,219.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.