Cheap Homes for Rent in Downtown Ames Neighborhood of Ames, IA from $400 (3 Rentals)

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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.

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.

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grandview Square Apartments2bed 1bth2BR,1BA$0.77
The Grove2BR/2BA2BR,2BA$0.77
Somerset Apartments2 Bed/1 Bath Apartment2BR,1BA$1.18
Hyland Apartments2 Bed/2 Bath Apartment2BR,2BA$1.23
Crystal Street Apartments2br/2ba2BR,2BA$1.05
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.11
Point at AmesFrisco A2BR,2BA$1.10
Campustown | Student Apartments1x11BR,1BA$1.21
117 5th St, Unit 201117 5th St2BR,1BA$1.17
Melrose Park Apartments1 Bed, 1 bath1BR,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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.