Cheap Apartments for Rent in the Waveland Park Neighborhood of Des Moines, IA from $500 (107 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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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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The Art of the Rental Viewing: What to look for during a property tour

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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 Ingersoll Park Studios priced from $625. Ingersoll Park Studio Apartments 3607 has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Waveland Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$625
The View on Douglas0BR/1.0BAStudio,1BA$650
2413 24th St2 Bedroom- 2411 24th2BR,1BA$675
Lenox PropertiesDrake1BR,1BA$695
Hampton House ApartmentsStudioStudio,1BA$699
Oakview TerraceStudioStudio,1BA$710
Beaverdale Housing LLCStudioStudio,1BA$710
Grand Colony ApartmentsStudioStudio,1BA$725
Windsor Terrace ApartmentsStudioStudio,1BA$725

Best Value Apartments for Rent in Waveland Park, IA

As of June 10, 2025 the best value apartment in the Waveland Park area is the $1.17 price per square foot 2 BR/ 1 BA Furnished Model at 3612 Ingersoll Ave in the in the Southwest Des Moines neighborhood starting from $2,100. 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 BA Furnished2BR,1BA$1.17
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
2107 52nd St, Unit 20172107 52nd St2BR,1.5BA$1.15
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
The Birch (Douglas Terrace)Classic 2-Bed2BR,1BA$0.94
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.01
Park West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.12
Harsunvest HKM - 5902-5906 Hickman Rd2BR/1.0BA2BR,1BA$1.03
Alley LandingOne Bedroom1BR,1BA$1.13
2413 24th St2 Bedroom- 2411 24th2BR,1BA$1.13

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Waveland Park, Des Moines, IA

Ranked #27

Among neighborhoods in Des Moines, IA 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 Lenox Properties which is listed at $695, while the average apartment in Waveland Park costs $1,431.

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 19 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 $106 which is $1,325 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.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.