Cheap Homes for Rent in Ames, IA from $700 (15 Rentals)

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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.

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.

property at 215 Jewel Dr

215 Jewel Dr

AmesIA50010

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Ames, IA Local Guide

Cheapest Neighborhoods for Apartments in Ames, IA

Pricing Updated: 05/28/2025

Current apartment rentals in the Ames, IA area range in price from $404 to $2,600 with an overall median price of $1,082. The three Ames neighborhoods with the lowest median rent pricing are Downtown Ames at $650, Campustown at $459, and Grand Junction at $445. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ames Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Ames$650$6501
Campustown$940$45940
Grand Junction$940$44518
South Ames$942$404102
Dauntless$999$40482
Fountainview$999$40497
Gateway Hills$1,015$45935
Old Town$1,050$44518
West Campus Village$1,100$45973
North Ames$1,127$45967

Cheapest Available Ames Apartments for Rent

 

The cheapest available apartment rental in Ames, IA is a Studio unit found at College Creek Apartments in the Eagle Ridge neighborhood priced from $670. Melrose Park Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here is today’s list of the most affordable Ames apartments for rent:

Apartment ListingModel NameBed/BathPriced From
College Creek ApartmentsStudio, 1 bathStudio,1BA$670
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$705
Western Hills Apartments1 Bed, 1 bath1BR,1BA$745
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$775
Oakwood1 bedroom1BR,1BA$799

Best Value Apartments for Rent in Ames, IA

As of May 28, 2025 the best value apartment in the Ames area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Ames apartment is the Three Bedroom, Two Bath Model at Laverne Apartments starting at $1,265 with a $1.05 price per square foot in the South Ames 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.
Copper Beech at Ames2BR/2.5BA2BR,2.5BA$0.65
Laverne ApartmentsThree Bedroom, Two Bath3BR,2BA$1.05
The Madison3x3 Furnished3BR,3BA$0.53
The Grove at Ames2BR/2BA2BR,2BA$0.73
Western Hills Apartments2 Beds, 2 baths2BR,2BA$1.05
839-841 Dickinson Ave3 BR/ 2 BA3BR,2BA$1.10
Spacious Apartments minutes from everything2br/2ba2BR,2BA$0.99
3500 Grand Ave2BR/1.0BA2BR,1BA$1.06
Point at AmesFrisco A2BR,2BA$1.05
Oakwood1 bedroom1BR,1BA$1.07

Quick Rent Budget Calculator

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Frequently Asked Questions about Ames

What type of rentals are currently available in Ames?

There are currently 233 Apartments for Rent in Ames, IA with pricing that ranges from $404 to $2,600. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ames ranging from $775 to $2,500.

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 $775 to $2,500 with an average monthly rent of $1,577.

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 $465 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $404.

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.