Cheap Apartments for Rent in the Grand Junction Neighborhood of Ames, IA from $500 (16 Rentals)

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

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Willow Run
2 to 3 Bedroom Apartments

Willow Run

645 Stonehaven DrAmes, IA 50010
  • Utilities Included
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400 S 4th St
1 Bedroom Apartments

400 S 4th St

400 S 4th StAmes, IA 50010
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South View Apartments
2 Bedroom Apartments

South View Apartments

209-227 S 5th StAmes, IA 50010
Corporate Housing
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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Oak Brooke
2 to 3 Bedroom Apartments

Oak Brooke

422 Stonehaven DrAmes, IA 50010
  • Utilities Included
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Riverbirch
Studio to 2 Bedroom Apartments

Riverbirch

201 S 5th StAmes, IA 50010
  • Utilities Included
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South Oak
Studio to 2 Bedroom Apartments

South Oak

221 S Oak AveAmes, IA 50010
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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301 Main
1 Bedroom Apartments

301 Main

301 Main StAmes, IA 50010
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Maple Glen
1 to 3 Bedroom Apartments

Maple Glen

229 S 5th StAmes, IA 50010
  • Utilities Included
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Walnut Place
1 to 4 Bedroom Apartments

Walnut Place

232 S Walnut AveAmes, IA 50010
Student Housing
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Glenbrook Apartments
1 to 2 Bedroom Apartments

Glenbrook Apartments

520 S 4th StAmes, IA 50010
  • Utilities Included

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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Walnut Apartments
2 Bedroom Apartments

Walnut Apartments

419-429 S Walnut AveAmes, IA 50010
  • Utilities Included

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 640 S. 4th St. priced from $745. 301 Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Grand Junction apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
640 S. 4th St.640 S. 4th St. - Unit...1BR,1BA$745
301 Main1 Bed 1 Bath1BR,1BA$880
South View ApartmentsLandmark | Classic2BR,1BA$1,050

Best Value Apartments for Rent in Grand Junction, IA

As of February 14, 2026 the best value apartment in the Grand Junction area is the $0.77 price per square foot 2BR/2BA Model at The Grove in the in the Grand Junction neighborhood starting from $735. The second greatest value Grand Junction apartment is the Outlook | Renovated Model at South View Apartments starting at $1,065 with a $1.21 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 Grove2BR/2BA2BR,2BA$0.77
South View ApartmentsOutlook | Renovated2BR,1BA$1.21
640 S. 4th St.640 S. 4th St. - Unit...1BR,1BA$1.19

Frequently Asked Questions about Cheap Grand Junction Apartments

What types of apartments are the cheapest in Grand Junction?

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 8 regular apartments in Grand Junction that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.