Cheap Homes for Rent in Waukee, IA from $1,200 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in Waukee.

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 1320 SE Florence Dr

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 2 Bath Condo for Rent

Available Now

1320 SE Florence Dr, Unit 3

1320 SE Florence Dr
WaukeeIA50263
property at 8350 Ep True Pky

$1,360

Total Monthly Price

Total Monthly Price

Base Rent
$1,360

Total Monthly Price
$1,360

2 Bedroom, 2 Bath Condo for Rent

Available Jun 1

8350 Ep True Pky, Unit #2208

8350 Ep True Pky
West Des MoinesIA50266

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.

Waukee, IA Local Guide

Cheapest Available Waukee Apartments for Rent

 

The cheapest available apartment rental in Waukee, IA is a 1 Bed unit found at SUGAR CREEK APARTMENTS in the Glynn Village neighborhood priced from $800. Brick Towne at Prairie Crossing in the Glynn Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Waukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SUGAR CREEK APARTMENTS1 BED 1 BATH1BR,1BA$800
Brick Towne at Prairie CrossingMicroStudio,1BA$825
Sun Prairie & Vista CourtA31BR,1BA$854
Fountain TerraceNeptuneStudio,1BA$865
Prairie Grass at WaukeeIndigo VistaStudio,1BA$926

Best Value Apartments for Rent in Waukee, IA

As of May 31, 2026 the best value apartment in the Waukee area is the $1.08 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe Townhomes in the starting from $2,600. The second greatest value Waukee apartment is the Solana Model at Stratford Crossing Flats Townhomes starting at $2,200 with a $1.05 price per square foot in the Glynn Village neighborhood. Here is today’s list of the best values for Waukee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum Pointe TownhomesPlatinum Pointe - 3 Bed3BR,3BA$1.08
Stratford Crossing Flats TownhomesSolana3BR,3.5BA$1.05
Brixin at Magnolia HeightsDTH3BR,2.5BA$1.29
Greenway Square9066 Burkwood Drive #1083BR,2.5BA$1.19
Maplewood Townhouses2 Bedroom 2 Bath Townhomes2BR,2BA$1.04
11Fifty on OlsonThe Mainstay (D3)3BR,2BA$1.19
Maple Grove Villas2 Bed 2 Bath Townhome - Standard2BR,2BA$1.09
Sunrise MeadowsB2 - Barbados2BR,2BA$1.09
Prairie Grass at Jordan CreekSunflower Vista1BR,1BA$1.28
SUGAR CREEK APARTMENTS1 BED 1 BATH1BR,1BA$1.16

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Waukee

What type of rentals are currently available in Waukee?

There are currently 118 Apartments for Rent in Waukee, IA with pricing that ranges from $750 to $4,090. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukee ranging from $1,200 to $3,695.

What is the current price range for Rental Homes in Waukee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waukee ranges from $1,200 to $3,695 with an average monthly rent of $2,243.

How much are larger Three and Four Bedroom Rentals in Waukee?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waukee range from $1,073 to $2,735, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,096.

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

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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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.