Cheap Apartments for Rent in the Grand Junction Neighborhood of Ames, IA from $400 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grand Junction area of Ames.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
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South Oak
1 to 2 Bedroom Apartments

South Oak

221 S Oak AveAmes, IA 50010
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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514-520 Carroll Ave
1 Bedroom Apartments

514-520 Carroll Ave

514-520 Carroll AveAmes, IA 50010
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Oak Brooke
2 to 3 Bedroom Apartments

Oak Brooke

422 Stonehaven DrAmes, IA 50010
  • Utilities Included

Grand Junction, Ames, IA Local Guide

Cheapest Available Grand Junction Apartments for Rent

 

The cheapest available apartment rental in the Grand Junction area of Ames, IA is a 1 Bed unit found at Oakwood priced from $799. 301 Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Grand Junction apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
Oakwood1 bedroom1BR,1BA$799
301 Main1 Bed 1 Bath1BR,1BA$885
The Quarters AmesA - 3x33BR,3BA$1,785

Best Value Apartments for Rent in Grand Junction, IA

As of May 28, 2025 the best value apartment in the Grand Junction area is the $1.59 price per square foot A - 3x3 Model at The Quarters Ames in the in the Grand Junction neighborhood starting from $1,785. The second greatest value Grand Junction apartment is the 2BR/2BA Model at The Grove at Ames starting at $699 with a $0.73 price per square foot in the Grand Junction neighborhood. Here is today’s list of the best values for Grand Junction apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quarters AmesA - 3x33BR,3BA$1.59
The Grove at Ames2BR/2BA2BR,2BA$0.73
Oakwood1 bedroom1BR,1BA$1.07
BlockOneSTUDIO - University Towers1BR,1BA$2.70
117 5th St, Unit 203117 5th St2BR,1BA$1.44

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Grand Junction, Ames, IA

Ranked #8

Among neighborhoods in Ames, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Grand Junction Apartments

How do the prices of cheap apartments compare to the average apartment in Grand Junction?

Cheap apartments in Grand Junction have an average cost of $485 which is $455 cheaper than the average rent for all rentals in Grand Junction.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.