Cheap Homes for Rent in Ames, IA from $600 (6 Rentals)

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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.

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Ames, IA Local Guide

Cheapest Neighborhoods for Apartments in Ames, IA

Pricing Updated: 09/07/2025

Current apartment rentals in the Ames, IA area range in price from $375 to $2,850 with an overall median price of $1,181. The three Ames neighborhoods with the lowest median rent pricing are Grand Junction at $630, Dauntless at $409, and Fountainview at $375. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ames Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Grand Junction$940$63014
Dauntless$1,025$409116
Fountainview$1,037$375135
South Ames$1,057$375193
Downtown Ames$1,065$37585
East Ames$1,065$44551
North Ames$1,065$375169
West Ames$1,075$375254
Eagle Ridge$1,150$375113
West Campus Village$1,150$375201

Cheapest Available Ames Apartments for Rent

 

The cheapest available apartment rental in Ames, IA is a 2 Beds unit found at Townhomes at Creekside in the Fountainview neighborhood priced from $675. Grandview Square Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Ames apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Townhomes at Creekside2 Bedroom2BR,1BA$675
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$690
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$725

Best Value Apartments for Rent in Ames, IA

As of September 07, 2025 the best value apartment in the Ames area is the $0.45 price per square foot 4x4 Model at The Foundry in the in the Eagle Ridge neighborhood starting from $625. The second greatest value Ames apartment is the 4 Bedroom/2 Bathroom Model at Tripp Street Apartments starting at $275 with a $0.22 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Ames apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Foundry4x44BR,4BA$0.45
Tripp Street Apartments4 Bedroom/2 Bathroom4BR,2BA$0.22
Copper Beech at Ames2BR/2.5BA2BR,2.5BA$0.65
The Quarters AmesB - 2x22BR,2BA$0.63
The Landing AmesC3 - 3x33BR,3BA$0.47
The Madison3x3 Furnished3BR,3BA$0.53
Grandview Square Apartments2bed 1bth2BR,1BA$0.80
The Grove at Ames2BR/2BA2BR,2BA$0.73
Townhomes at Creekside2 Bedroom2BR,1BA$0.78
The Social West Ames®Davie Plus - Station2BR,1BA$0.71

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Ames, IA
Population: 67,154

Ranked #547

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Ames

What type of rentals are currently available in Ames?

There are currently 225 Apartments for Rent in Ames, IA with pricing that ranges from $375 to $2,850. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ames ranging from $695 to $3,200.

What is the current price range for Rental Homes in Ames?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ames ranges from $695 to $3,200 with an average monthly rent of $1,752.

How much are larger Three and Four Bedroom Rentals in Ames?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ames range from $430 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $375.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.