Cheap Apartments for Rent in the Waveland Park Neighborhood of Des Moines, IA from $500 (119 Rentals)

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

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The Drake
$680 - $960
Total Monthly Price

Total Monthly Price

Base Rent
$615 - $895
Required Monthly Fees
$65
Total Monthly Price
$680 - $960
1 to 2 Bedroom Apartments Available Now

The Drake

1260 34th StDes Moines, IA 50311
Corporate Housing
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Hampton House Apartments
Rent Specials
$699 - $1,599
Total Monthly Price

Total Monthly Price

Base Rent
$599 - $1,499
Required Monthly Fees
$100
Total Monthly Price
$699 - $1,599
Studio to 1 Bedroom Apartments Available Now

Hampton House Apartments

4200 Grand AveDes Moines, IA 50312
Furnished
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  • Utilities Included

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New Haven Apartments
$800 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$731 - $1,226
Required Monthly Fees
$69
Total Monthly Price
$800 - $1,295
1 to 4 Bedroom Apartments Available Now

New Haven Apartments

2501 24th StDes Moines, IA 50310
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Forest Avenue Village
$825 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$785 - $1,585
Required Monthly Fees
$40
Total Monthly Price
$825 - $1,625
Studio to 3 Bedroom Apartments Available Now

Forest Avenue Village

3201 Forest AveDes Moines, IA 50311
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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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Soll
$875 - $2,204
Total Monthly Price

Total Monthly Price

Base Rent
$772 - $2,101
Required Monthly Fees
$103
Total Monthly Price
$875 - $2,204
Studio to 2 Bedroom Apartments Available Now

Soll

2301 Ingersoll AveDes Moines, IA 50312
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Canary Lofts
Rent Specials
$890 - $1,775
Total Monthly Price

Total Monthly Price

Base Rent
$885 - $1,770
Required Monthly Fees
$5
Total Monthly Price
$890 - $1,775
Studio to 2 Bedroom Apartments Available Now

Canary Lofts

2530 University AveDes Moines, IA 50311
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University Village
Rent Specials
$900 - $975
Total Monthly Price

Total Monthly Price

Base Rent
$815 - $890
Required Monthly Fees
$85
Total Monthly Price
$900 - $975
1 Bedroom Apartments Available Now

University Village

2225 University AveDes Moines, IA 50311
Corporate Housing
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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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560 29th St
$975 - $1,025
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,025
Total Monthly Price
$975 - $1,025
2 Bedroom Apartment Available Now

560 29th St

560 29th StDes Moines, IA 50312
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 The Acacia priced from $647. Lenox Properties has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Waveland Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
The AcaciaStudio - ClassicStudio,1BA$647
Lenox PropertiesGreenwood AStudio,1BA$650
The View on Douglas0BR/1.0BAStudio,1BA$650
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
The DrakeB31BR,1BA$680
Hampton House ApartmentsStudioStudio,1BA$699
Park West ApartmentsStudioStudio,1BA$700
Beaverdale Housing LLCStudioStudio,1BA$710
Westpointe ApartmentsWashingtonStudio,1BA$758

Best Value Apartments for Rent in Waveland Park, IA

As of February 22, 2026 the best value apartment in the Waveland Park area is the $1.09 price per square foot 3 Bed | 2 Bath Model at 3000 Grand Apartments in the in the Southwest Des Moines neighborhood starting from $1,505. The second greatest value Waveland Park apartment is the Riley Model at Ingersoll Towers starting at $908 with a $0.85 price per square foot in the Southwest Des Moines 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.
3000 Grand Apartments3 Bed | 2 Bath3BR,2BA$1.09
Ingersoll TowersRiley2BR,2BA$0.85
560 29th St560 29th St2BR,1BA$1.03
1215 23rd St, Unit 1215 23RD apt #31215 23rd St2BR,1BA$0.80
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.05
Clover Creek2/1.5 - Classic2BR,1.5BA$0.94
Skyloft Apartments2BR/1.0BA2BR,1BA$1.08
Comfortable living minutes from Merle Hay Mall!2 bed 1 bath2BR,1BA$1.03
Crossroad Apartments1BR/1.0BA1BR,1BA$1.03
Discover Modern Comfort at Welbeck Apartments ~ Rent SpecialLegacy 2Br/1Ba2BR,1BA$1.06

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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Pet Friendly Lifestyle
Waveland Park, Des Moines, IA

Ranked #24

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!

Frequently Asked Questions about Cheap Waveland Park Apartments

What is the Cheapest Studio apartment in Waveland Park?

Currently the most affordable Cheap Studio Apartment in Waveland Park is at The Acacia listed at $647.

How much is rent for a Cheap One Bedroom Waveland Park Apartment?

The lowest price for a Cheap One Bedroom Waveland Park Apartment is $680 at The Drake.

What is the lowest price for a Cheap Two Bedroom Waveland Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waveland Park is starting from $775 at The Drake.

What is the most affordable Waveland Park Three Bedroom Apartment?

The best deal on a cheap Waveland Park Three Bedroom Apartment rental is at New Haven Apartments and starts from $1,100.

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.