
Cheap Homes for Rent in Downtown Ames Neighborhood of Ames, IA from $400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ames area of Ames.

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.

706 Hodge Ave
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.

216 S 2nd St
Downtown Ames, Ames, IA Local Guide

Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Ames Neighborhood of Ames, IA.
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Best Value Apartments for Rent in Downtown Ames, IA
As of February 07, 2026 the best value apartment in the Downtown Ames area is the $0.77 price per square foot 2bed 1bth Model at Grandview Square Apartments in the in the Eagle Ridge neighborhood starting from $765. The second greatest value Downtown Ames apartment is the 2BR/2BA Model at The Grove starting at $735 with a $0.77 price per square foot in the Grand Junction neighborhood. Here is today’s list of the best values for Downtown Ames apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.77 |
| The Grove | 2BR/2BA | 2BR,2BA | $0.77 |
| Somerset Apartments | 2 Bed/1 Bath Apartment | 2BR,1BA | $1.18 |
| Hyland Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.23 |
| Crystal Street Apartments | 2br/2ba | 2BR,2BA | $1.05 |
| Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.11 |
| Point at Ames | Frisco A | 2BR,2BA | $1.10 |
| Campustown | Student Apartments | 1x1 | 1BR,1BA | $1.21 |
| 117 5th St, Unit 201 | 117 5th St | 2BR,1BA | $1.17 |
| Melrose Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.29 |
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.