Cheap Homes for Rent in the Gateway Hills Neighborhood of Ames, IA from $509 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Gateway Hills area of Ames.

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.

property at 2401 Knapp St

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2401 Knapp St

AmesIA50014

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.

Best Value Apartments for Rent in Gateway Hills, IA

As of August 29, 2026 the best value apartment in the Gateway Hills area is the $0.36 price per square foot 4 Plus Bedroom/ 3 Bathroom - Lofted Model at 210 Gray - Sunset View in the in the Somerset neighborhood starting from $550. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
210 Gray - Sunset View4 Plus Bedroom/ 3 Bathroom - Lofted4BR,3BA$0.36
Campustown200 Stanton Ave - 3 Bed - 1 Bath - A - UF3BR,1BA$0.45
Campus Flats3 Bed - Rent by Room3BR,3BA$0.53
Point at AmesTelluride A3BR,3BA$0.69
The Lofts3 Person3BR,1BA$1.04
Total Property Management 3206 Lincoln Way4 bedroom4BR,2.5BA$0.91
2405 Knapp St, Unit 2405 Knapp St2405 Knapp St2BR,1BA$0.92
Oakwood2 Bedroom2BR,1BA$0.85
2644 Hunt Street2BD/1BR + Office Space in Campustown2BR,1BA$0.94
126 Welch Ave, Unit 312126 Welch Ave1BR,1BA$0.73

Frequently Asked Questions about Gateway Hills

What type of rentals are currently available in Gateway Hills?

There are currently 57 Apartments for Rent in Gateway Hills, IA with pricing that ranges from $489 to $2,508. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gateway Hills ranging from $990 to $2,500.

What is the current price range for Rental Homes in Gateway Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gateway Hills ranges from $990 to $2,500 with an average monthly rent of $1,675.

How much are larger Three and Four Bedroom Rentals in Gateway Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Gateway Hills range from $489 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $524.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.