Cheap Apartments for Rent in the Waveland Park Neighborhood of Des Moines, IA from $500 (154 Rentals)

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

property at 1108 25th St

$700

1 Bedroom, 1 Bath Rentals

Available Now

1108 25th St

Des MoinesIA50311

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.

property at 1314 22nd St

$725

1 Bedroom, 1 Bath Rentals

Available Now

1314 22nd St

Des MoinesIA50311
property at 1314 22nd St

$725

1 Bedroom, 1 Bath Rentals

Available Now

1314 22nd St

Des MoinesIA50311
property at 1314 22nd St

$725

1 Bedroom, 1 Bath Rentals

Available Now

1314 22nd St

Des MoinesIA50311

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.

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 1215 25th St

$810

1 Bedroom, 1 Bath Rentals

Available Now

1215 25th St

Des MoinesIA50311

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.

property at 2300 Beaver Ave

$900

2 Bedroom, 1 Bath Rentals

Available Now

2300 Beaver Ave

Des MoinesIA50310

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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. The 2800 Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Waveland Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
The AcaciaStudio - ClassicStudio,1BA$647
The 2800 Residences2nd Floor - 1 Bed1BR,1BA$675
The DrakeB31BR,1BA$695
Lenox PropertiesDrake B1BR,1BA$695
Clover Creek1/1 - Grand1BR,1BA$697
The View on Douglas0BR/1.0BAStudio,1BA$699
Chad Estates1 bedroom1BR,1BA$700
Beaverdale Housing LLCStudioStudio,1BA$710
Hampton House ApartmentsStudioStudio,1BA$720
1314 22nd St1 Beds, 1 Baths1BR,1BA$725

Best Value Apartments for Rent in Waveland Park, IA

As of July 08, 2026 the best value apartment in the Waveland Park area is the $1.14 price per square foot 2 Bedroom Model at Alta Casa in the in the Southwest Des Moines neighborhood starting from $1,195. The second greatest value Waveland Park apartment is the 560 29th St Model at 560 29th St starting at $975 with a $0.98 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.
Alta Casa2 Bedroom2BR,1BA$1.14
560 29th St560 29th St2BR,1BA$0.98
Hickman OneModel A2BR,1BA$1.20
2820-2822 Kingman Blvd1 Beds, 1 Baths1BR,1BA$0.99
Crossroad Apartments1BR/1.0BA1BR,1BA$1.03
2921 High St, Unit 2917 High Apt.#12921 High St1BR,1BA$1.24
Village on Grand1 B 1 B1BR,1BA$1.21
Chad Estates1 bedroom1BR,1BA$1.08
Lenox PropertiesWinona A1BR,1BA$1.25
Clover Creek1/1 - Grand1BR,1BA$1.18

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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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
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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 #23

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $675 at The 2800 Residences.

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 $747 at Clover Creek.

What is the most affordable Waveland Park Three Bedroom Apartment?

The best deal on a cheap Waveland Park Three Bedroom Apartment rental is at Sunrise Valley 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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.