Cheap Apartments for Rent in the Old Town Neighborhood of Ames, IA from $400 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Old Town area of Ames.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
close
View Me
South Oak
1 to 2 Bedroom Apartments

South Oak

221 S Oak AveAmes, IA 50010
  • Utilities Included
close
View Me
514-520 Carroll Ave
1 Bedroom Apartments

514-520 Carroll Ave

514-520 Carroll AveAmes, IA 50010
  • Smoke Free
close
View Me
Oak Brooke
2 to 3 Bedroom Apartments

Oak Brooke

422 Stonehaven DrAmes, IA 50010
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Old Town, Ames, IA Local Guide

Cheapest Available Old Town Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
301 Main1 Bed 1 Bath1BR,1BA$885

Best Value Apartments for Rent in Old Town, IA

As of May 06, 2025 the best value apartment in the Old Town area is the $0.55 price per square foot A - 3x3 Model at The Quarters Ames in the in the Grand Junction neighborhood starting from $615. The second greatest value Old Town apartment is the Frisco A Model at Point at Ames starting at $855 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Quarters AmesA - 3x33BR,3BA$0.55
Point at AmesFrisco A2BR,2BA$1.05
BlockOneSTUDIO - University Towers1BR,1BA$2.60
117 5th St, Unit 203117 5th St2BR,1BA$1.44

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Old Town, Ames, IA

Ranked #8

Among neighborhoods in Ames, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.