Cheap Apartments for Rent in the Waterford Neighborhood of Johnston, IA from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterford area of Johnston.

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Cornerstone Commons
1 to 2 Bedroom Apartments

Cornerstone Commons

6365 Merle Hay RdJohnston, IA 50131
Senior Living
  • Utilities Included
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Northway Apartments
1 to 2 Bedroom Apartments

Northway Apartments

205 NW 8th StGrimes, IA 50111
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612 NE 4th St
1 to 2 Bedroom Apartments

612 NE 4th St

612 NE 4th StGrimes, IA 50111
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Parkview Apartments
1 to 2 Bedroom Apartments

Parkview Apartments

403 W 1st StGrimes, IA 50111
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Latitude Lofts
1 to 3 Bedroom Apartments

Latitude Lofts

551 SE Gateway DrGrimes, IA 50111
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Grimes Park
1 to 3 Bedroom Apartments

Grimes Park

155 SW Maplewood DrGrimes, IA 50111

Waterford, Johnston, IA Local Guide

Cheapest Available Waterford Apartments for Rent

 

The cheapest available apartment rental in the Waterford area of Des Moines, IA is a 2 Beds unit found at Johnston Crossing Senior Apartments I priced from $648. Meadowlark Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here are the most affordable Waterford apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Johnston Crossing Senior Apartments I2 Bedroom2BR,1BA$648
Meadowlark PlaceB1 - 40 - Income Restricted2BR,2BA$799
Bexley Urbandale2 Bedroom2BR,1BA$825
Reserve at GlenstoneStudioStudio,1BA$861
Destination 141Apartment - StudioStudio,1BA$895

Best Value Apartments for Rent in Waterford, IA

As of April 03, 2025 the best value apartment in the Waterford area is the $1.17 price per square foot A Model at James Point Luxury Townhomes in the in the Kennybrook neighborhood starting from $1,850. The second greatest value Waterford apartment is the Echo Model at The Ave at Johnston Commons starting at $1,455 with a $1.27 price per square foot in the Green Meadows West neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
James Point Luxury TownhomesA3BR,2.5BA$1.17
The Ave at Johnston CommonsEcho3BR,2BA$1.27
The Reserve at Destination PointeTwo Bedroom2BR,2BA$1.12
White Oak Apartments2 Bedroom - 2 Bathroom2BR,2BA$1.27
Adam Ridge CondosAC.2B.2B.B/P2BR,2BA$1.21
Sterling PointeTwo Bedroom SP2BR,2BA$1.29
Westchester SquareTwo Bedroom A2BR,2BA$0.98
Johnston Crossing Senior Apartments I2 Bedroom2BR,1BA$0.73
Bexley Urbandale2 Bedroom Renovated2BR,1BA$1.15
Ashley SquareAurora1BR,1BA$1.28

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Waterford, Johnston, IA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Iowa including Waterford, Johnston, and the greater Des Moines area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Waterford Apartments

What is a cheap apartment in Waterford?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterford is under $943.

What is the price of a cheap apartment in Waterford?

The cheapest apartment in Waterford is Ashley Square which is listed at $899, while the average apartment in Waterford costs $1,595.

What types of apartments are the cheapest in Waterford?

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 Waterford 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 Waterford?

Cheap apartments in Waterford have an average cost of $118 which is $1,477 cheaper than the average rent for all rentals in Waterford.

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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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.