Cheap Homes for Rent in Gateway Hills Neighborhood of Ames, IA from $1,700 (4 Rentals)

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

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.

property at 1212 S 3rd St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

5 Bedroom, 2 Bath Home for Rent

Available Aug 1

1212 S 3rd St, Unit 1212 S 3rd

1212 S 3rd St
AmesIA50010

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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.

Best Value Apartments for Rent in Gateway Hills, IA

As of May 30, 2026 the best value apartment in the Gateway Hills area is the $0.58 price per square foot Boulder B Model at Point at Ames in the in the Eagle Ridge neighborhood starting from $790. The second greatest value Gateway Hills apartment is the 3 Bed - Rent by Room Model at Campus Flats starting at $699 with a $0.62 price per square foot in the Eagle Ridge 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.
Point at AmesBoulder B4BR,4BA$0.58
Campus Flats3 Bed - Rent by Room3BR,3BA$0.62
Total Property Management 3206 Lincoln Way4 bedroom4BR,2.5BA$1.45
Cardinal South Apartments2 Bed2BR,2BA$1.35
Arbor Hills2 Bedroom Apartment2BR,1BA$1.53
Total Property Management 528-530 Welch Ave.528 Welch Ave3BR,1.5BA$1.59
Campustown | Student Apartments1x11BR,1BA$1.21
The LoftsTwo Bedroom2BR,1BA$0.78
BlockOneSTUDIO - University Towers1BR,1BA$2.86

Frequently Asked Questions about Gateway Hills

What type of rentals are currently available in Gateway Hills?

There are currently 44 Apartments for Rent in Gateway Hills, IA with pricing that ranges from $675 to $1,935. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gateway Hills ranging from $1,700 to $2,999.

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 $1,700 to $2,999 with an average monthly rent of $2,260.

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 $800 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $680.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.