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Rental Market Trends in Waukee, IA

What is the average rent in Waukee, IA?

$1,149/month

Average Rent

723 Sq Ft

Average Apartment Size

-1.6%

Decrease in the Last Year

As of May 2025, the average rent in Waukee, IA is $1,149 per month. This is 29% lower than the national average rent of $1,625/month, making renting in Waukee more affordable than most cities in the US. When you rent an apartment in Waukee, you can expect to pay about $886 per month for a studio, $1,149 for a one-bedroom apartment, and around $1,458 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,761 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$886/month
469 Sq Ft
One Bedroom
$1,149/month
723 Sq Ft
Two Bedroom
$1,458/month
1,074 Sq Ft
Three Bedroom
$1,761/month
1,394 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$2,946/month
2,041 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,053/month
1,691 Sq Ft

How much has average rent changed in Waukee, IA?

In the past year, rent has decreased by 1.6%, which averages out to $18 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Waukee, IA
Last Updated May 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Waukee, IA
Percentage*
Rent Range
3% Below $700/month
24% $700 - $1,000/month
41% $1,001 - $1,500/month
24% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Waukee?

Based on current rent prices, Williams Pointe and Prairie Crossing" are the most affordable neighborhoods in Waukee.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Williams Pointe
$1,287/month
697 Sq Ft
Prairie Crossing
$1,410/month
815 Sq Ft

What are the most expensive neighborhoods in Waukee?

Based on current rent prices, Prairie Crossing and Williams Pointe" are the most expensive neighborhoods in Waukee.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Prairie Crossing
$1,410/month
815 Sq Ft
Williams Pointe
$1,287/month
697 Sq Ft

Which Waukee neighborhoods have the most rentals available?

The neighborhoods in Waukee with the most apartments available are Williams Pointe and Prairie Crossing" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Williams Pointe
$1,287/month
697 Sq Ft
Prairie Crossing
$1,410/month
815 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Waukee, IA?

Because the average rent in Waukee is $1,149, you’ll want to make about $3,830 per month or $45,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Waukee, IA

705 Available Apartments for Rent

Search for Nearby Apartments

How does Waukee, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Waukee, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Williams Pointe

Waukee, IA

Prairie Crossing

Waukee, IA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Clive Average Rent
  • Urbandale Average Rent
  • West Des Moines Average Rent

Apartment communities in Waukee we think you'll love

Stratford Pointe

Stratford Pointe

191 NW Lexington Dr,
Waukee, IA 50263

1-2 Beds | $1,199 - $1,549

Rialto Townhomes

Rialto Townhomes

865 NW Sproul Dr,
Waukee, IA 50263

2-3 Beds | $2,147 - $2,726

Converge NW

Converge NW

350 NW 6th St,
Waukee, IA 50263

1-3 Beds | $1,345 - $2,396

Painted Woods Villas

Painted Woods Villas

3681 Jasmine Ln,
Waukee, IA 50263

3 Beds | $1,749 - $2,475

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United States Iowa Waukee Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity