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$745 - $7652 Bedroom Apartments Contact Us For Availability
1006 Lincoln Way
1006 Lincoln WayAmes, IA 50010
Cheap Apartments for Rent in the Old Town Neighborhood of Ames, IA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Ames.
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$750
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$750
Total Monthly Price
$750
810 Clark Ave, Unit 810
810 Clark AveAmes, IA 50010
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Rent Specials
$800 - $1,3951 to 3 Bedroom Apartments Available Now
South Meadow
321 S 5th StAmes, IA 50010
611 Kellogg Ave
AmesIA50010
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Rent Specials
$860 - $9951 to 2 Bedroom Apartments Contact Us For Availability
420 S 4th St
420 S 4th StAmes, IA 50010
120 20th St
AmesIA50010
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$9803 Bedroom Apartments Available Now
1108 S. 4th Street
1108 S 4th StAmes, IA 50010
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$1,200 - $1,6752 to 3 Bedroom Apartments Available Now
Prairie West
2330 Prairie View West DrAmes, IA 50010
609 6th St
AmesIA50010
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$1,300
Total Monthly Price
4 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
2006 Grand Ave, Unit 2 - 2nd floor
2006 Grand AveAmes, IA 50010
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1 Bedroom Apartments
520 5th St
520 5th StAmes, IA 50010
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Studio to 2 Bedroom Apartments
640 S. 4th St.
620-640 S 4th StAmes, IA 50010
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Studio to 2 Bedroom Apartments
Riverbirch
201 S 5th StAmes, IA 50010
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Studio to 2 Bedroom Apartments
South Oak
221 S Oak AveAmes, IA 50010
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1 Bedroom Apartments
514-520 Carroll Ave
514-520 Carroll AveAmes, IA 50010
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2 Bedroom Apartments
205 Washington Ave
205 Washington AveAmes, IA 50010
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2 to 3 Bedroom Apartments
Oak Brooke
422 Stonehaven DrAmes, IA 50010
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1 Bedroom Apartments
Stonehaven Apartments
421 Stonehaven DrAmes, IA 50010
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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1 to 3 Bedroom Apartments
Maple Glen
229 S 5th StAmes, IA 50010
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1 Bedroom Apartments
301 Main
301 Main StAmes, IA 50010
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3 to 4 Bedroom Apartments
428 S 4th St
428 S 4th StAmes, IA 50010
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2 to 3 Bedroom Apartments
Willow Run
645 Stonehaven DrAmes, IA 50010
721 Burnett Ave
AmesIA50010
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2 Bedroom Apartments
South View
209-227 S 5th StAmes, IA 50010
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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2 to 4 Bedroom Apartments
The Phoenix
301 S 4th StAmes, IA 50010
Showing Results 1-25, 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 | $873 | $800 | $1,100 |
| Old Town 2 Bedroom Apartments | $1,153 | $745 | $2,676 |
| Old Town 3 Bedroom Apartments | $1,342 | $980 | $1,675 |
| Old Town 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 25 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
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Cheapest Available Old Town Apartments for Rent
The cheapest available apartment rental in the Old Town area of Ames, IA is a 2 Beds unit found at South Oak priced from $850. 301 Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Old Town apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Oak | 2 Bedroom B | 2BR,1BA | $850 |
| 301 Main | 1 Bed 1 Bath | 1BR,1BA | $885 |
| South Meadow | 2 BR 1 BA - Savannah | 1BR,1BA | $895 |
| Maple Glen | 2BR 1BA | 2BR,1BA | $945 |
| 1108 S. 4th Street | 3 Bed/ 1.5 Bath | 3BR,1BA | $980 |
Best Value Apartments for Rent in Old Town, IA
As of July 26, 2026 the best value apartment in the Old Town area is the $0.98 price per square foot 3 Bed/ 1.5 Bath Model at 1108 S. 4th Street in the in the Grand Junction neighborhood starting from $980. The second greatest value Old Town apartment is the 2 Bedroom (Renovated) Townhome Model at Prairie West starting at $1,405 with a $1.48 price per square foot in the Eagle Ridge 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. |
|---|---|---|---|
| 1108 S. 4th Street | 3 Bed/ 1.5 Bath | 3BR,1.5BA | $0.98 |
| Prairie West | 2 Bedroom (Renovated) Townhome | 2BR,1.5BA | $1.48 |
| South View | Compass | 2BR,1BA | $1.20 |
| South Oak | 2 Bedroom B | 2BR,1BA | $1.10 |
| Maple Glen | 2BR 1BA | 2BR,1BA | $1.31 |
| South Meadow | 2 BR 1 BA - Savannah | 1BR,1BA | $1.44 |
| 810 Clark Ave, Unit 810 | 810 Clark Ave | 2BR,1BA | $1.25 |
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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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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Pet Friendly LifestyleOld Town, Ames, IA
Ranked #9
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Old Town Apartments
What types of apartments are the cheapest in Old Town?
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 5 regular apartments in Old Town 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 Old Town?
Cheap apartments in Old Town have an average cost of $590 which is $805 cheaper than the average rent for all rentals in Old Town.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.