close
View Me
Cheap Apartments for Rent in the Old Town Neighborhood of Ames, IA from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Ames.
close
View Me
Rent Specials
$790 - $9001 to 2 Bedroom Apartments Contact Us For Availability
420 S 4th St
420 S 4th StAmes, IA 50010
close
View Me
Rent Specials
$1,195 - $1,6502 to 3 Bedroom Apartments Available Now
Prairie West
2330 Prairie View West DrAmes, IA 50010
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-17, Page 1 of 1
Old Town, Ames, IA Local Guide
How much does it cost to rent an apartment in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town 1 Bedroom Apartments | $884 | $625 | $1,035 |
| Old Town 2 Bedroom Apartments | $1,027 | $850 | $1,475 |
| Old Town 3 Bedroom Apartments | $1,305 | $980 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Old Town Neighborhood of Ames, IA.
See all Apartments in AmesExplore Ames
Old Town, Ames, IA Local Guide
- Nearby Ames neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Old Town Apartments for Rent
The cheapest available apartment rental in the Old Town area of Ames, IA is a 1 Bed unit found at Maplewood priced from $625. 301 Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Old Town apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maplewood | 1108 S 4th Street: Maplewood - 1 Bed/ 1 Bath (e... | 1BR,1BA | $625 |
| 301 Main | 1 Bed 1 Bath | 1BR,1BA | $900 |
| South Meadow | 1 BR 1 BA - Timber Artisent Remodel | 1BR,1BA | $960 |
| South View Apartments | Landmark | Classic | 2BR,1BA | $1,050 |
| Prairie West | Available- 2 Bedroom (Half-Renovated) | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Old Town, IA
As of October 12, 2025 the best value apartment in the Old Town area is the $1.28 price per square foot Available- 2 Bedroom (Half-Renovated) Model at Prairie West in the in the Eagle Ridge neighborhood starting from $1,195. The second greatest value Old Town 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 Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie West | Available- 2 Bedroom (Half-Renovated) | 2BR,1BA | $1.28 |
| South View Apartments | Outlook | Renovated | 2BR,1BA | $1.21 |
| Maplewood | 1108 S 4th Street: Maplewood - 1 Bed/ 1 Bath | 1BR,1BA | $1.11 |
| South Meadow | 1 BR 1 BA - Timber Artisent Remodel | 1BR,1BA | $1.66 |
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.
Let everyone know!
Do you know the Old Town area?
If you’re an expert on all things Old Town, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOld Town, Ames, IA
Ranked #11
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Old Town Neighborhood in Ames, IA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Town Apartments
How much is rent for a Cheap One Bedroom Old Town Apartment?
The lowest price for a Cheap One Bedroom Old Town Apartment is $625 at Maplewood.
What is the lowest price for a Cheap Two Bedroom Old Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Town is starting from $880 at Maplewood.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.