Cheap Apartments for Rent in the North Ames Neighborhood of Ames, IA from $300 (97 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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property at 915 Garfield Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

915 Garfield Ave

AmesIA50014

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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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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Twin Oaks Apartments
Studio to 2 Bedroom Apartments

Twin Oaks Apartments

4210 Lincoln Swing StAmes, IA 50014
  • Utilities Included
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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
  • Utilities Included
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1005 28th St
1 to 2 Bedroom Apartments

1005 28th St

1005 28th StAmes, 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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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 Studio unit found at 304 Welch Ave priced from $635. Campus Flats has the second lowest priced unit, which is a 4 Beds apartment currently listed from $655. Here are the most affordable North Ames apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
304 Welch AveStudioStudio,1BA$635
Campus Flats4 Bed - Rent by Room4BR,4BA$655
Copper Beech3BR/3BA3BR,3BA$660
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$660
640 S. 4th St.640 S. 4th St. - Unit...1BR,1BA$785
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$799
The Social West Ames®Avondale - Station1BR,1BA$799
Aspen Village2522 Aspen (1 Bedroom)1BR,1BA$820
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Windsor PointeHickory 60%2BR,1BA$825

Best Value Apartments for Rent in North Ames, IA

As of April 26, 2026 the best value apartment in the North Ames area is the $1.02 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,300. The second greatest value North Ames apartment is the 4 Bedroom/2 Bathroom Model at Tripp Street Apartments starting at $1,400 with a $1.12 price per square foot in the Fountainview 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$1.02
Tripp Street Apartments4 Bedroom/2 Bathroom4BR,2BA$1.12
Campus Flats3 Bed - Rent by Room3BR,3BA$0.66
The Social ReserveJasper Renovated - Reserve2BR,2BA$0.63
Grandview Square Apartments2bed 1bth2BR,1BA$0.77
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1.5BA$0.98
The Grove2BR/2BA2BR,2BA$0.77
Point at AmesFrisco B2BR,2BA$1.06
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.11
Beautiful Location with Lots of Trees and Greenspace2BR/1.0BA2BR,1BA$1.10

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 a cheap apartment in North Ames?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Ames is under $825.

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

The cheapest apartment in North Ames is The Social West Ames® which is listed at $799, while the average apartment in North Ames costs $995.

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 118 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 $631 which is $364 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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.