
Cheap Apartments for Rent in the Gateway Hills Neighborhood of Ames, IA from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gateway Hills area of Ames.


Total Monthly Price
126 Welch Ave, Unit 312

304 Welch Ave

Gateway Hills

Oakwood

Townhomes at Creekside
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Wessex Apartments

321 Stanton

Total Monthly Price
216 S Franklin Ave

325 Welch Ave

Total Property Management 528-530 Welch Ave.

Arbor Hills
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cardinal South Apartments

Total Property Management 3206 Lincoln Way

2715 Bobcat Dr

312 Hayward Ave

307 Lynn Ave

2644 Hunt St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Cardinal Terrace

Cranford Apartments

Campus Properties Welch Ave

525 Welch Ave

228-232 Welch Ave

125 S Hazel Ave
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.

2312 Knapp St

532 Hayward Ave

3202 Lincoln Way
Gateway Hills, Ames, IA Local Guide

How much does it cost to rent an apartment in Gateway Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gateway Hills Studio Apartments | $1,133 | $770 | $1,500 |
| Gateway Hills 1 Bedroom Apartments | $895 | $550 | $1,600 |
| Gateway Hills 2 Bedroom Apartments | $1,075 | $875 | $2,676 |
| Gateway Hills 3 Bedroom Apartments | $997 | $489 | $1,700 |
| Gateway Hills 4 Bedroom Apartments | $897 | $524 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Gateway Hills Neighborhood of Ames, IA.
See all Apartments in AmesExplore Ames
Cheapest Available Gateway Hills Apartments for Rent
 The cheapest available apartment rental in the Gateway Hills area of Ames, IA is a 3 Beds unit found at Campustown priced from $489. 304 Welch Ave has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Gateway Hills apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - C - UF | 3BR,1BA | $489 |
| 304 Welch Ave | Studio | Studio,1BA | $635 |
| Oakwood | 2 Bedroom | 2BR,1BA | $875 |
| Arbor Hills | 2 Bedroom Apartment | 2BR,1BA | $1,340 |
| 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 |
| Cardinal South Apartments | 2 Bed | 2BR,2BA | $1,350 |
Best Value Apartments for Rent in Gateway Hills, IA
As of July 25, 2026 the best value apartment in the Gateway Hills area is the $1.04 price per square foot 3 Bedroom Model at Oakwood in the in the Gateway Hills neighborhood starting from $1,350. The second greatest value Gateway Hills apartment is the 200 Stanton Ave - 3 Bed - 1 Bath - A - UF Model at Campustown starting at $584 with a $0.45 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Gateway Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oakwood | 3 Bedroom | 3BR,2BA | $1.04 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.53 |
| Total Property Management 3206 Lincoln Way | 4 bedroom | 4BR,2.5BA | $1.45 |
| Cardinal South Apartments | 2 Bed | 2BR,2BA | $1.35 |
| Arbor Hills | 2 Bedroom Apartment | 2BR,1BA | $1.53 |
| Total Property Management 528-530 Welch Ave. | 528 Welch Ave | 3BR,1.5BA | $1.59 |
| The Lofts | Two Bedroom | 2BR,1BA | $0.78 |
| 304 Welch Ave | 1bed | 1BR,1BA | $2.34 |
Frequently Asked Questions about Cheap Gateway Hills Apartments
How do the prices of cheap apartments compare to the average apartment in Gateway Hills?
Cheap apartments in Gateway Hills have an average cost of $504 which is $628 cheaper than the average rent for all rentals in Gateway Hills.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.