
Cheap Apartments for Rent in the Gateway Hills Neighborhood of Ames, IA from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gateway Hills area of Ames.


Townhomes at Creekside

Gateway

Cranford Apartments
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307 Lynn Ave

Oakwood

320 S Franklin Ave

2644 Hunt St
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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 | $998 | $635 | $1,500 |
| Gateway Hills 1 Bedroom Apartments | $1,068 | $865 | $1,590 |
| Gateway Hills 2 Bedroom Apartments | $1,397 | $675 | $1,994 |
| Gateway Hills 3 Bedroom Apartments | $1,113 | $750 | $2,025 |
| Gateway Hills 4 Bedroom Apartments | $1,070 | $705 | $2,825 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Gateway Hills Neighborhood of Ames, IA.
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Cheapest Available Gateway Hills Apartments for Rent
 The cheapest available apartment rental in the Gateway Hills area of Ames, IA is a 1 Bed unit found at Wessex Apartments priced from $1,000. Total Property Management 528-530 Welch Ave. has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,200. Here are the most affordable Gateway Hills apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wessex Apartments | 1 Bedroom / 1 Bathroom - 618 sq ft | 1BR,1BA | $1,000 |
| Total Property Management 528-530 Welch Ave. | 530 Welch Ave. | 3BR,1BA | $1,200 |
| Total Property Management 3206 Lincoln Way | 3 bedrooms | 3BR,1BA | $1,350 |
Best Value Apartments for Rent in Gateway Hills, IA
As of January 22, 2026 the best value apartment in the Gateway Hills area is the $1.55 price per square foot 4 bedroom Model at Total Property Management 3206 Lincoln Way in the in the Eagle Ridge neighborhood starting from $1,700. The second greatest value Gateway Hills apartment is the 3 Bedroom Townhome Model at Arbor Hills starting at $1,700 with a $1.57 price per square foot in the Fountainview 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. |
|---|---|---|---|
| Total Property Management 3206 Lincoln Way | 4 bedroom | 4BR,2.5BA | $1.55 |
| Arbor Hills | 3 Bedroom Townhome | 3BR,1.5BA | $1.57 |
| 2405 Knapp St, Unit 2405 Knapp St | 2405 Knapp St | 3BR,1BA | $1.07 |
| Cardinal South Apartments | 2 Bed | 2BR,2BA | $1.35 |
| Total Property Management 528-530 Welch Ave. | 528 Welch Ave | 3BR,1.5BA | $1.59 |
| Point at Ames | Frisco A | 2BR,2BA | $1.10 |
| Campustown | Student Apartments | 1x1 | 1BR,1BA | $1.21 |
| Wessex Apartments | 1 Bedroom / 1 Bathroom - 618 sq ft | 1BR,1BA | $1.62 |
| BlockOne | STUDIO - University Towers | 1BR,1BA | $2.80 |
Frequently Asked Questions about Cheap Gateway Hills Apartments
What types of apartments are the cheapest in Gateway Hills?
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 11 regular apartments in Gateway Hills 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 Gateway Hills?
Cheap apartments in Gateway Hills have an average cost of $713 which is $2,617 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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.