Cheap Apartments for Rent in the Waveland Park Neighborhood of Des Moines, IA from $500 (90 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
Uplift Manor
1 Bedroom Apartments

Uplift Manor

2916 30th StDes Moines, IA 50310
  • Utilities Included
close
View Me
3809 University Ave
Studio Apartments

3809 University Ave

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

The Winona

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

Ingersoll Park

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

Drake Collection

2931 Cottage Grove AveDes Moines, IA 50311
close
View Me
Kingman Gardens
1 to 3 Bedroom Apartments

Kingman Gardens

3010 Kingman BlvdDes Moines, IA 50311
  • Utilities Included

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. The Eddy has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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
The Eddy0BR/1.0BAStudio,1BA$650
Lenox PropertiesDrake1BR,1BA$675
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$695
Hampton House ApartmentsStudioStudio,1BA$699
3309 University Ave0BR/1.0BAStudio,1BA$700
Beaverdale Housing LLCStudioStudio,1BA$710
Oakview TerraceStudioStudio,1BA$710
Windsor Terrace ApartmentsStudioStudio,1BA$725

Best Value Apartments for Rent in Waveland Park, IA

As of April 22, 2025 the best value apartment in the Waveland Park 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 Waveland Park apartment is the 1201 34th St Model at 1201 34th St starting at $1,275 with a $1.16 price per square foot in the Merle Hay 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.
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
1201 34th St1201 34th St2BR,1BA$1.16
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.93
The Birch (Douglas Terrace)Classic 2-Bed2BR,1BA$0.94
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.09
Park West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.12
Nelson LLC2BR/1.0BA2BR,1BA$1.03
Chad Estates1 bedroom1BR,1BA$1.18
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$1.07
The Drake1 Bedroom 1 Bathroom1BR,1BA$1.17

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waveland Park, Des Moines, IA

Ranked #21

Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

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 $675, while the average apartment in Waveland Park costs $1,420.

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 21 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 $115 which is $1,305 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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.