Cheap Apartments for Rent in the Waveland Woods Neighborhood of Des Moines, IA from $500 (104 Rentals)

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

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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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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property at 2300 Beaver Ave

$900

2 Bedroom, 1 Bath Rentals

Available Now

2300 Beaver Ave

Des MoinesIA50310
property at 901 41st St

$995

2 Bedroom, 1 Bath Rentals

Available Now

901 41st St

Des MoinesIA50312

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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property at 1617 34th St

$1,075

2 Bedroom, 1 Bath Rentals

Available Now

1617 34th St

Des MoinesIA50310
property at 1829 48th St

$1,200

1 Bedroom, 1 Bath Rentals

Available Now

1829 48th St

Des MoinesIA50310
property at 1525 32nd St

$1,220

2 Bedroom, 1 Bath Rentals

Available Now

1525 32nd St

Des MoinesIA50311
property at 1144 Polk Blvd

$1,250

2 Bedroom, 1 Bath Rentals

Available Now

1144 Polk Blvd

Des MoinesIA50311
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Uplift Manor
1 to 2 Bedroom Apartments

Uplift Manor

2916 30th StDes Moines, IA 50310
  • Utilities Included

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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3809 University Ave
Studio Apartments

3809 University Ave

3809 University AveDes Moines, IA 50311
  • Utilities Included
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The Winona
1 to 2 Bedroom Apartments

The Winona

527 40th StDes Moines, IA 50312
  • Utilities Included
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Ingersoll Park
Studio to 1 Bedroom Apartments

Ingersoll Park

4906 Ingersoll AveDes Moines, IA 50312
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Eddy Apartments
Studio to 2 Bedroom Apartments

Eddy Apartments

1120 Polk BlvdDes Moines, IA 50311
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3607 Ingersoll Ave
Studio to 2 Bedroom Apartments

3607 Ingersoll Ave

3607 Ingersoll AveDes Moines, IA 50312
  • Utilities Included
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University West
2 Bedroom Apartments

University West

4010 UniversityDes Moines, IA 50311
  • Utilities Included
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Hickman House
1 to 2 Bedroom Apartments

Hickman House

2221 63rd StDes Moines, IA 50322
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 3

Waveland Woods, Des Moines, IA Local Guide

Cheapest Available Waveland Woods Apartments for Rent

 

The cheapest available apartment rental in the Waveland Woods area of Des Moines, IA is a Studio unit found at The Acacia priced from $647. Urban Heights has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Waveland Woods apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
The AcaciaStudio - ClassicStudio,1BA$647
Urban Heights0BR/1.0BAStudio,1BA$650
The DrakeB31BR,1BA$695
Lenox PropertiesDrake B1BR,1BA$695
Chad Estates1 bedroom1BR,1BA$700
Beaverdale Housing LLCStudioStudio,1BA$710
Hampton House ApartmentsStudioStudio,1BA$720
The View On Hickman0BR/1.0BAStudio,1BA$725
Hickman Hill Apartments HEAT & WATER INCLUDED1 Bedroom - UNFURNISHED1BR,1BA$799
Village on Grand1 B 1 B1BR,1BA$799

Best Value Apartments for Rent in Waveland Woods, IA

As of July 03, 2026 the best value apartment in the Waveland Woods area is the $0.60 price per square foot 2 Bedroom 1.5 Bath Model at Normandy Terrace Apartments in the in the Golf & Country Club neighborhood starting from $900. The second greatest value Waveland Woods apartment is the 2 Bedroom Model at Alta Casa starting at $1,195 with a $1.14 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Waveland Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Normandy Terrace Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.60
Alta Casa2 Bedroom2BR,1BA$1.14
Regency Woods2 Bed | 1.5 Bath2BR,1.5BA$1.02
Urban Green Apartments - Urbandale2 BD Oak2BR,1BA$0.97
Park West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.22
Hickman OneModel A2BR,1BA$1.20
Hickman Hill Apartments HEAT & WATER INCLUDED1 Bedroom - FURNISHED1BR,1BA$1.22
Village on Grand1 B 1 B1BR,1BA$1.21
Chad Estates1 bedroom1BR,1BA$1.08
Lenox PropertiesWinona A1BR,1BA$1.25

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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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 Woods, Des Moines, IA

Ranked #34

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 Woods, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals in cities across the United States, including Des Moines. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Waveland Woods Apartments

What is a cheap apartment in Waveland Woods?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waveland Woods is under $799.

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

The cheapest apartment in Waveland Woods is The Drake which is listed at $695, while the average apartment in Waveland Woods costs $1,583.

What types of apartments are the cheapest in Waveland Woods?

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 10 regular apartments in Waveland Woods 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 Woods?

Cheap apartments in Waveland Woods have an average cost of $124 which is $1,459 cheaper than the average rent for all rentals in Waveland Woods.

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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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.