Cheap Apartments for Rent in Ames, IA from $400 with Washer/Dryer (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ames.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 813 Delaware Ave

$935

Total Monthly Price

Total Monthly Price

Base Rent
$935
Total Monthly Price
$935

3 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

813 Delaware Ave

AmesIA50014

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 1227 Jefferson St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Home for Rent

Available Aug 1

1227 Jefferson St

AmesIA50010

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1525 Idaho Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 2.5 Bath Townhome for Rent

Available Aug 1

1525 Idaho Ave

AmesIA50014
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640 S. 4th St.
Studio to 2 Bedroom Apartments

640 S. 4th St.

620-640 S 4th StAmes, IA 50010
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Windsor Pointe
1 to 3 Bedroom Apartments

Windsor Pointe

3815 Tripp StAmes, IA 50014
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakview Apartments
1 to 4 Bedroom Apartments

Oakview Apartments

1429 Walton DrAmes, IA 50014
  • Utilities Included
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Pointe West II
2 to 4 Bedroom Apartments

Pointe West II

826 Dickinson AveAmes, IA 50014
  • Utilities Included
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Cardinal Terrace
1 to 2 Bedroom Apartments

Cardinal Terrace

211 Lynn AveAmes, IA 50014
Student Housing
  • Utilities Included
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Campus West
2 to 3 Bedroom Apartments

Campus West

312-320 Hillcrest AveAmes, IA 50014
  • Utilities Included
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Pointe West I
3 to 4 Bedroom Apartments

Pointe West I

823-825 Dickinson AveAmes, IA 50014
  • Utilities Included
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4536 Twain Circle
3 to 4 Bedroom Apartments

4536 Twain Circle

4536 Twain CirAmes, IA 50014
  • Utilities Included
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Aurora Heights
1 to 2 Bedroom Apartments

Aurora Heights

2110-2126 Cottonwood RdAmes, IA 50014
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Ames, IA Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Best Local Schools in
Ames, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ames, IA Rentals by Map

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See the most popular apartments and homes in Ames, IA

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Frequently Asked Questions about Cheap Ames Apartments

What is a cheap apartment in Ames?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ames is under $800.

What is the price of a cheap apartment in Ames?

The cheapest apartment in Ames is Melrose Park Apartments which is listed at $785, while the average apartment in Ames costs $1,143.

What types of apartments are the cheapest in Ames?

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 872 regular apartments in Ames 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 Ames?

Cheap apartments in Ames have an average cost of $594 which is $549 cheaper than the average rent for all rentals in Ames.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.