
Cheap Homes for Rent in Waterbury Neighborhood of Des Moines, IA from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterbury area of Des Moines.


3903 University Ave

2300 Beaver Ave

1831 Fuller Rd, Unit 3

1831 Fuller Rd
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.

901 41st St

612 29th St

1039 5th St

1145 65th St

315 5th 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.

1144 Polk Blvd

1413 63rd St

1829 48th St

1417 Cummins Pkwy

2002 63rd 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.

4204 Franklin Ave

2940 Brattleboro Ave
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 | $1,242 | $900 | $1,500 |
| Waterbury 3 Bedroom Homes for Rent | $1,510 | $1,150 | $1,850 |
| Waterbury 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Waterbury Neighborhood of Des Moines, IA.
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Waterbury, Des Moines, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lenox Properties | Greenwood A | Studio,1BA | $595 |
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Urban Heights | 0BR/1.0BA | Studio,1BA | $675 |
| The View On Hickman | 0BR/1.0BA | Studio,1BA | $675 |
| Hampton House Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Normandy Terrace Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $0.60 |
| 3000 Grand Apartments | 3 Bed | 2 Bath | 3BR,2BA | $1.02 |
| Alta Casa | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| West Glen Apartments | B1 Classic | 2BR,1.5BA | $0.92 |
| Bennett Grand Woods Apartments | AB-2B1B | 2BR,1BA | $1.14 |
| Clover Hills | B1 Classic | 2BR,1.5BA | $0.94 |
| Urban Green Apartments - Urbandale | 2B OG | 2BR,1BA | $1.03 |
| Hickman One | Model A | 2BR,1BA | $1.20 |
| Hickman Hill Apartments HEAT & WATER INCLUDED | 1 Bedroom- Call for Specials | 1BR,1BA | $1.11 |
| 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 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

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.

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.

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.

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.