close
View Me
$805 - $1,5601 to 3 Bedroom Apartments Available Aug 4
South Meadow
321 S 5th StAmes, IA 50010
Cheap Apartments for Rent in the Old Town Neighborhood of Ames, IA from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Ames.
close
View Me
Rent Specials
$860 - $9951 to 2 Bedroom Apartments Contact Us For Availability
420 S 4th St
420 S 4th StAmes, IA 50010
close
View Me
$860
Total Monthly Price
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$860
Total Monthly Price
$860
924 Kellogg Ave, Unit #1
924 Kellogg AveAmes, IA 50010
close
View Me
$880 - $9802 to 3 Bedroom Apartments Available Now
Maplewood
1108 S 4th StAmes, IA 50010
close
View Me
$9502 Bedroom Apartments Available Aug 1
930 6th St
930 6th StAmes, IA 50010
1904 Douglas Ave
AmesIA50010
close
View Me
$1,050
Total Monthly Price
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,050
Total Monthly Price
$1,050
922 Burnett Ave, Unit 922 Burnett Ave
922 Burnett AveAmes, 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.
close
View Me
Rent Specials
$1,200 - $1,6752 to 3 Bedroom Apartments Available Now
Prairie West
2330 Prairie View West DrAmes, IA 50010
609 6th St, Unit 2
609 6th St
AmesIA50010
718 Clark Ave
AmesIA50010
close
View Me
$1,500
Total Monthly Price
4 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
2006 Grand Ave, Unit 2 - 2nd floor
2006 Grand AveAmes, IA 50010
1212 S 3rd St, Unit 1212 S 3rd
1212 S 3rd St
AmesIA50010
close
View Me
1 Bedroom Apartments
520 5th St
520 5th StAmes, IA 50010
close
View Me
Studio to 2 Bedroom Apartments
640 S. 4th St.
620-640 S 4th StAmes, IA 50010
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.
close
View Me
1 Bedroom Apartments
514-520 Carroll Ave
514-520 Carroll AveAmes, IA 50010
close
View Me
2 Bedroom Apartments
1006 Lincoln Way
1006 Lincoln WayAmes, IA 50010
close
View Me
2 Bedroom Apartments
205 Washington Ave
205 Washington AveAmes, IA 50010
close
View Me
2 to 3 Bedroom Apartments
Oak Brooke
422 Stonehaven DrAmes, IA 50010
close
View Me
Studio to 2 Bedroom Apartments
South Oak
221 S Oak AveAmes, IA 50010
close
View Me
1 Bedroom Apartments
Stonehaven Apartments
421 Stonehaven DrAmes, IA 50010
close
View Me
1 Bedroom Apartments
301 Main St
301 Main StAmes, IA 50010
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.
close
View Me
3 to 4 Bedroom Apartments
428 S 4th St
428 S 4th StAmes, IA 50010
close
View Me
2 to 3 Bedroom Apartments
Willow Run
645 Stonehaven DrAmes, IA 50010
close
View Me
Studio to 2 Bedroom Apartments
Riverbirch
201 S 5th StAmes, IA 50010
close
View Me
1 to 3 Bedroom Apartments
Maple Glen
229 S 5th StAmes, IA 50010
close
View Me
2 Bedroom Apartments
South View Apartments
209-227 S 5th StAmes, IA 50010
2307 Prairie View E
AmesIA50010
107 S Riverside Dr
AmesIA50010
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.
Showing Results 1-28, 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 | $909 | $805 | $1,035 |
| Old Town 2 Bedroom Apartments | $1,208 | $860 | $3,121 |
| Old Town 3 Bedroom Apartments | $1,243 | $980 | $1,675 |
| Old Town 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
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 28 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 640 S. 4th St. priced from $785. 301 Main St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Old Town apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 1BR,1BA | $785 |
| 301 Main St | 1 Bed 1 Bath | 1BR,1BA | $880 |
| Maplewood | 3 Bed/ 1.5 Bath | 3BR,1BA | $980 |
| South View Apartments | Landmark | Classic | 2BR,1BA | $1,050 |
| Prairie West | 2 Bedroom (Renovated) | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Old Town, IA
As of June 11, 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 Maplewood 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. |
|---|---|---|---|
| Maplewood | 3 Bed/ 1.5 Bath | 3BR,1.5BA | $0.98 |
| Prairie West | 2 Bedroom (Renovated) Townhome | 2BR,1.5BA | $1.48 |
| South View Apartments | Outlook | Renovated | 2BR,1BA | $1.21 |
| 640 S. 4th St. | 640 S. 4th St. - Unit... | 1BR,1BA | $1.26 |
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.
Read Article
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.
Read ArticleQuick 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 #8
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 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 $940 at 640 S. 4th St..
What is the most affordable Old Town Three Bedroom Apartment?
The best deal on a cheap Old Town Three Bedroom Apartment rental is at Maplewood and starts from $980.
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
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.
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.
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.
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.