The interaction between waves and ice has a crucial impact on the seasonal change in the sea ice extent. However, our comprehension of this phenomenon is restricted by a lack of observations. In recent years, availability of the low-cost and accurate Inertial Motion Units has enabled the development of affordable wave research devices. Despite advancements in designing innovative open-source instruments optimized for deployment on ice floes, their customizability and survivability remain limited, especially in open waters. This study presents a novel design concept for an affordable and customizable wave buoy, aimed for wave measurements in marginal ice zones. The central focus of this wave buoy design is the application of 3D printing as rapid prototyping technology. By utilizing the high customizability offered by 3D printing, the previously developed solar-powered wave buoy was customized to install a battery pack. Preliminary results from field deployments in the Pacific and Arctic Oceans demonstrate that the performance of the instruments is promising. The accuracy of frequency wave spectra measurements is found to be comparable to that of considerably more expensive instruments. Finally, the study concludes with a general evaluation of using rapid prototyping technologies for buoy designs and proposes recommendations for future designs.