Cheap Apartments for Rent in the North Ames Neighborhood of Ames, IA from $300 (100 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Ames 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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Twin Oaks Apartments
Studio to 2 Bedroom Apartments

Twin Oaks Apartments

4210 Lincoln Swing StAmes, IA 50014
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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
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312 Hayward Ave
Studio to 2 Bedroom Apartments

312 Hayward Ave

312 Hayward AveAmes, IA 50014
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3404 Coy St
2 Bedroom Apartments

3404 Coy St

3404 Coy StAmes, IA 50014
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307 Lynn Ave
1 to 4 Bedroom Apartments

307 Lynn Ave

307 Lynn AveAmes, IA 50014
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640 S. 4th St.
Studio to 2 Bedroom Apartments

640 S. 4th St.

620-640 S 4th StAmes, IA 50010
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Furman Regency Court
1 to 2 Bedroom Apartments

Furman Regency Court

3020 Regency CtAmes, IA 50010
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304 Welch Ave
Studio to 2 Bedroom Apartments

304 Welch Ave

304 Welch AveAmes, IA 50014
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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North Ames, Ames, IA Local Guide

Cheapest Available North Ames Apartments for Rent

 

The cheapest available apartment rental in the North Ames area of Ames, IA is a 3 Beds unit found at Campustown priced from $489. The Grove has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here are the most affordable North Ames apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
Campustown200 Stanton Ave - 3 Bed - 1 Bath - C - UF3BR,1BA$489
The Grove3BR/3BA Upgraded3BR,3BA$599
Copper Beech3BR/3BA3BR,3BA$660
Melrose Park Apartments1 Bed/1 Bath Apartment1BR,1BA$785
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$799
Somerset ApartmentsStudio ApartmentStudio,1BA$800
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
301 Main1 Bed 1 Bath1BR,1BA$880
Furman Somerset Apartments1 Bedroom1BR,1BA$880

Best Value Apartments for Rent in North Ames, IA

As of June 13, 2026 the best value apartment in the North Ames area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value North Ames apartment is the 3117 Northwood Dr Model at 3117 Northwood Dr, Unit 1 starting at $775 with a $0.55 price per square foot in the Eagle Ridge neighborhood. Here is today’s list of the best values for North Ames apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Ridge3515 Lincoln Way ( 4 bdrm )4BR,3BA$1.03
3117 Northwood Dr, Unit 13117 Northwood Dr2BR,1BA$0.55
Campustown200 Stanton Ave - 3 Bed - 1 Bath - A - UF3BR,1BA$0.45
Tripp Street Apartments4 Bedroom/2 Bathroom4BR,2BA$1.12
The Grove3BR/3BA Upgraded3BR,3BA$0.48
Campus Flats3 Bed - Rent by Room3BR,3BA$0.62
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1.5BA$0.98
1209 Mayfield Dr2 BR/ 2 BA2BR,2BA$1.13
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.11
The LoftsTwo Bedroom2BR,1BA$0.78

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
North Ames, Ames, IA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Ames. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, places that make kids happy, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap North Ames Apartments

What is the price of a cheap apartment in North Ames?

The cheapest apartment in North Ames is Melrose Park Apartments which is listed at $785, while the average apartment in North Ames costs $969.

What types of apartments are the cheapest in North Ames?

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 35 regular apartments in North Ames that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Ames?

Cheap apartments in North Ames have an average cost of $629 which is $340 cheaper than the average rent for all rentals in North Ames.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.