
Cheap Apartments for Rent in the Campustown Neighborhood of Ames, IA from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Campustown area of Ames.


203 Campus

Townhomes at Creekside

Gateway

Hyland Apartments

1108 S. 4th Street

3309 West St

930 6th St
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.

Total Monthly Price
2603 Knapp St, Unit 2603 Knapp Unit 1, Unit 2603 Knapp Unit 1

Laverne Apartments

Cranford Apartments

312 Hayward Ave

3404 Coy St

307 Lynn Ave

2929-2933 West St

230 Campus Ave
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.

1006 Lincoln Way

3319 Story St.

Oakwood

238 Village Dr

320 S Franklin Ave

South Oak

141 Campus

2644 Hunt St
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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.

121 Howard

218 Hyland

Furman Hyland Apartments

307 S Maple Ave

246 Hyland

Cardinal Terrace

Campus West

435 Hawthorne Ave
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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.
Campustown, Ames, IA Local Guide

How much does it cost to rent an apartment in Campustown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Campustown Studio Apartments | $1,100 | $799 | $1,500 |
| Campustown 1 Bedroom Apartments | $996 | $650 | $1,600 |
| Campustown 2 Bedroom Apartments | $1,203 | $675 | $2,142 |
| Campustown 3 Bedroom Apartments | $1,149 | $750 | $1,800 |
| Campustown 4 Bedroom Apartments | $1,202 | $655 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Campustown Neighborhood of Ames, IA.
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Campustown, Ames, IA Local Guide
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Cheapest Available Campustown Apartments for Rent
 The cheapest available apartment rental in the Campustown area of Ames, IA is a Studio unit found at 304 Welch Ave priced from $635. Campus Flats has the second lowest priced unit, which is a 4 Beds apartment currently listed from $655. Here are the most affordable Campustown apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 304 Welch Ave | Studio | Studio,1BA | $635 |
| Campus Flats | 4 Bed - Rent by Room | 4BR,4BA | $655 |
| Hyland Apartments | 1 Bedroom Apartment | 1BR,1BA | $820 |
| Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $950 |
| The Lofts | Efficiency Corner | Studio,1BA | $990 |
| Total Property Management 134 Campus | 134 Campus Ave ( 2 bdrm ) | 2BR,1BA | $1,190 |
| Cardinal South Apartments | 2 Bed | 2BR,2BA | $1,350 |
| Arbor Hills | 2 Bedroom Townhome | 2BR,1BA | $1,350 |
| Total Property Management 528-530 Welch Ave. | 528 Welch Ave | 3BR,1BA | $1,350 |
| Total Property Management 3206 Lincoln Way | 3 bedrooms | 3BR,1BA | $1,350 |
Best Value Apartments for Rent in Campustown, IA
As of April 14, 2026 the best value apartment in the Campustown area is the $0.66 price per square foot 3 Bed - Rent by Room Model at Campus Flats in the in the Eagle Ridge neighborhood starting from $750. The second greatest value Campustown apartment is the 4 bedroom Model at Total Property Management 3206 Lincoln Way starting at $1,700 with a $1.55 price per square foot in the Eagle Ridge neighborhood. Here is today’s list of the best values for Campustown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.66 |
| Total Property Management 3206 Lincoln Way | 4 bedroom | 4BR,2.5BA | $1.55 |
| Arbor Hills | 3 Bedroom Townhome | 3BR,1.5BA | $1.57 |
| Cardinal South Apartments | 2 Bed | 2BR,2BA | $1.35 |
| Hyland Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.23 |
| Point at Ames | Frisco B | 2BR,2BA | $1.06 |
| Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.11 |
| Total Property Management 528-530 Welch Ave. | 528 Welch Ave | 3BR,1.5BA | $1.59 |
| Total Property Management 134 Campus | 134 Campus Ave ( 2 bdrm ) | 2BR,1.5BA | $1.49 |
| Campustown | Student Apartments | 1x1 | 1BR,1BA | $1.21 |
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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Read ArticleQuick 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.
Pet Friendly LifestyleCampustown, Ames, IA
Ranked #15
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Campustown Apartments
What is a cheap apartment in Campustown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Campustown is under $1,350.
What types of apartments are the cheapest in Campustown?
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 20 regular apartments in Campustown 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 Campustown?
Cheap apartments in Campustown have an average cost of $650 which is $550 cheaper than the average rent for all rentals in Campustown.
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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.