Cheap Apartments for Rent in the Waterbury Neighborhood of Des Moines, IA from $500 (75 Rentals)

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

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3809 University Ave
Studio Apartments

3809 University Ave

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

The Winona

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

Ingersoll Park

4906 Ingersoll AveDes Moines, IA 50312
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Drake Collection
1 Bedroom Apartments

Drake Collection

2931 Cottage Grove AveDes Moines, IA 50311
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Grand Terrace
Studio to 2 Bedroom Apartments

Grand Terrace

2917 Grand AveDes Moines, IA 50312
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Hickman House
1 to 2 Bedroom Apartments

Hickman House

2221 63rd StDes Moines, IA 50322
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Grand Prix Apartments
Studio to 1 Bedroom Apartments

Grand Prix Apartments

3205 Grand AveDes Moines, IA 50312
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Roosevelt Manor
2 Bedroom Apartments

Roosevelt Manor

4223 Chamberlain DrDes Moines, IA 50312
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4010 University
2 Bedroom Apartments

4010 University

4010 UniversityDes Moines, IA 50311
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4314 University Ave
1 Bedroom Apartments

4314 University Ave

4314 University AveDes Moines, IA 50311
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University Park Place
2 Bedroom Apartments

University Park Place

3725-3727 University AveDes Moines, IA 50311
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Showing Results 1-50, Page 1 of 2

Waterbury, Des Moines, IA Local Guide

Cheapest Available Waterbury Apartments for Rent

 

The cheapest available apartment rental in the Waterbury area of Des Moines, IA is a Studio unit found at Ingersoll Park Studios priced from $625. The Eddy has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Waterbury apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
The Eddy0BR/1.0BAStudio,1BA$650
Lenox PropertiesDrake1BR,1BA$675
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
Hampton House ApartmentsStudioStudio,1BA$699
3309 University Ave0BR/1.0BAStudio,1BA$700
Beaverdale Housing LLCStudioStudio,1BA$710
Windsor Terrace ApartmentsStudioStudio,1BA$725
The Drake1 Bedroom 1 Bathroom1BR,1BA$730
Inglewood Apartments2901 Ingersoll1BR,1BA$795

Best Value Apartments for Rent in Waterbury, IA

As of April 27, 2025 the best value apartment in the Waterbury area is the $0.82 price per square foot 2 bed Model at 2813 Cottage Grove Ave in the in the Drake Park neighborhood starting from $900. The second greatest value Waterbury apartment is the Witmer Model at Ingersoll Towers starting at $1,122 with a $1.07 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Waterbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
Ingersoll TowersWitmer2BR,2BA$1.07
Four Seasons Apartments2BR/1BA 2 sinks furnished2BR,1BA$1.25
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.93
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.05
Park West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.12
Nelson LLC2BR/1.0BA2BR,1BA$1.03
Urban Green Apartments1 BR Oak1BR,1BA$1.15
Village on Grand1 B 1 B1BR,1BA$1.21
The Drake1 Bedroom 1 Bathroom1BR,1BA$1.17

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Pet Friendly Lifestyle
Waterbury, Des Moines, IA

Ranked #32

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
Waterbury, Des Moines, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Iowa and customized analysis for Western Des Moines, IA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Waterbury Neighborhood in Des Moines, IA

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

25 / 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 Waterbury Apartments

What is a cheap apartment in Waterbury?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterbury is under $795.

What is the price of a cheap apartment in Waterbury?

The cheapest apartment in Waterbury is Lenox Properties which is listed at $675, while the average apartment in Waterbury costs $1,420.

What types of apartments are the cheapest in Waterbury?

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 22 regular apartments in Waterbury 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 Waterbury?

Cheap apartments in Waterbury have an average cost of $305 which is $1,115 cheaper than the average rent for all rentals in Waterbury.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.