Cheap Apartments for Rent in the Waveland Park Neighborhood of Des Moines, IA from $575 (131 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 1260 34th St

$695 - $860

1 To 2 Bedroom Rentals

Available Sep 2

1260 34th St

Des MoinesIA50311

Rent According to Income: A Look at Income-Restricted Rentals

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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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property at 3001 30th St

$1,130

Total Monthly Price

Total Monthly Price

Base Rent
$1,130
Total Monthly Price
$1,130

2 Bedroom, 1 Bath Home for Rent

Available Now

3001 30th St

Des MoinesIA50310

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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Showing Results 1-50, Page 1 of 3

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 3309 University Ave priced from $600. The Acacia 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
3309 University Ave0BR/1.0BAStudio,1BA$600
The AcaciaStudio - ClassicStudio,1BA$647
3119 Grand Ave2 Beds, 1 Baths2BR,1BA$675
The View on Douglas0BR/1.0BAStudio,1BA$675
The Grove at Hickman1x11BR,1BA$695
1314 22nd St1 Beds, 1 Baths1BR,1BA$695
Canary LoftsStudio AStudio,1BA$695
1123 24th0 Beds, 1 BathsStudio,1BA$695
Chad Estates1 bedroom1BR,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710

Best Value Apartments for Rent in Waveland Park, IA

As of August 23, 2026 the best value apartment in the Waveland Park area is the $1.03 price per square foot 3 Beds, 1 Baths Model at 4216 Ingersoll Ave in the in the Southwest Des Moines neighborhood starting from $1,235. The second greatest value Waveland Park apartment is the 2 Bedroom Model at Alta Casa starting at $1,150 with a $1.10 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.
4216 Ingersoll Ave3 Beds, 1 Baths3BR,1BA$1.03
Alta Casa2 Bedroom2BR,1BA$1.10
Olde English Village2 Bed | 2 Bath | 960 sq ft2BR,2BA$1.04
Crossroad Apartments2BR/1.0BA2BR,1BA$1.15
3119 Grand Ave2 Beds, 1 Baths2BR,1BA$0.90
2820-2822 Kingman Blvd1 Beds, 1 Baths1BR,1BA$0.99
Welbeck ApartmentsLegacy 2Br/1Ba2BR,1BA$0.99
Clover HillsA1 Classic1BR,1BA$1.06
Chad Estates1 bedroom1BR,1BA$1.08
Welcome to Manor Heights Apartments!1BR/1.0BA1BR,1BA$1.15

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.

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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 #26

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 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 $710.

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

The cheapest apartment in Waveland Park is The Grove at Hickman which is listed at $695, while the average apartment in Waveland Park costs $975.

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 11 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 $105 which is $870 cheaper than the average rent for all rentals in Waveland Park.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.