Cheap Apartments for Rent in the Waveland Park Neighborhood of Des Moines, IA from $500 (113 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waveland Park area of Des Moines.

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.

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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.

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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.

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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.

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Rent Specials
$931 - $2,308Studio to 2 Bedroom Apartments Available Now

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2301 Ingersoll AveDes Moines, IA 50312
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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.

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Waveland Park, Des Moines, IA Local Guide

Cheapest Available Waveland Park Apartments for Rent

 

The cheapest available apartment rental in the Waveland Park area of Des Moines, IA is a Studio unit found at Clover Creek priced from $611. Imperial Grand Prix has the second lowest priced unit, which is a Studio apartment currently listed from $647. Here are the most affordable Waveland Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Clover Creek0/1 - ClassicStudio,1BA$611
Imperial Grand PrixGrand Prix StudioStudio,1BA$647
The AcaciaStudio - ClassicStudio,1BA$647
The View on Douglas0BR/1.0BAStudio,1BA$650
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
The Grove at Hickman1x11BR,1BA$695
Hampton House ApartmentsStudioStudio,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710
West Glen ApartmentsA1 Classic1BR,1BA$725

Best Value Apartments for Rent in Waveland Park, IA

As of November 14, 2025 the best value apartment in the Waveland Park area is the $0.81 price per square foot 2 BR/ 1 BA Model at 3612 Ingersoll Ave in the in the Southwest Des Moines neighborhood starting from $1,300. The second greatest value Waveland Park apartment is the 2 bed Model at 2813 Cottage Grove Ave starting at $900 with a $0.82 price per square foot in the Drake Park neighborhood. Here is today’s list of the best values for Waveland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3612 Ingersoll Ave2 BR/ 1 BA2BR,1BA$0.81
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
2107 52nd St, Unit 20172107 52nd St2BR,1.5BA$1.00
3120 Cottage Grove Ave, Unit Apt 23120 Cottage Grove Ave1BR,1BA$0.81
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
Ingersoll TowersGreenwood2BR,1BA$0.95
Clover HillsB1 Classic2BR,1.5BA$0.94
Alley LandingTwo Bedroom2BR,1BA$1.09
The 4220 Grand ApartmentsTwo Bedroom2BR,1BA$1.09
Discover Modern Comfort at Welbeck ApartmentsLegacy 2Br/1Ba2BR,1BA$1.06

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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
Waveland Park, Des Moines, IA

Ranked #21

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Waveland Park, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Waveland Park, Des Moines, and the greater Des Moines area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Waveland Park Neighborhood in Des Moines, IA

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 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 Waveland Park Apartments

What is a cheap apartment in Waveland Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waveland Park is under $725.

What is the price of a cheap apartment in Waveland Park?

The cheapest apartment in Waveland Park is Clover Creek which is listed at $685, while the average apartment in Waveland Park costs $3,541.

What types of apartments are the cheapest in Waveland Park?

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 48 regular apartments in Waveland Park 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 Waveland Park?

Cheap apartments in Waveland Park have an average cost of $177 which is $3,364 cheaper than the average rent for all rentals in Waveland Park.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.