207 Stanton Ave
AmesIA50014
Cheap Apartments for Rent in the Somerset Neighborhood of Ames, IA from $344 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in the Somerset area of Ames.
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$489 - $9991 to 5 Bedroom Apartments Available Now
Campustown
200 Stanton AveAmes, IA 50014
218 Stanton Ave
AmesIA50014
215 Stanton Ave
AmesIA50014
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$550
Total Monthly Price
Base Rent$550
Total Monthly Price$550
126 Welch Ave, Unit 312
126 Welch AveAmes, IA 50014
119 Stanton Ave
AmesIA50014
225 Stanton Ave
AmesIA50014
200 Stanton Ave
AmesIA50014
330 N Franklin Ave
AmesIA50014
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$635 - $1,020Studio to 1 Bedroom Apartments Available Now
304 Welch Ave
304 Welch AveAmes, IA 50014
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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$675 - $7951 to 2 Bedroom Apartments Available Now
Grandview Square Apartments
2505 Jensen AveAmes, IA 50010
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$675 - $1,075Studio to 2 Bedroom Apartments Available Now
Western Hills Apartments
235 SinclairAmes, IA 50014
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$699 - $1,350Studio to 3 Bedroom Apartments Available Now
Hickory Ridge Apartments
4301 Lincoln SwingAmes, IA 50014
300 Stanton Ave
AmesIA50014
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$700
Total Monthly Price
Base Rent$700
Total Monthly Price$700
117 5th St, Unit 203
117 5th StAmes, IA 50010
217 Welch Ave
AmesIA50014
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$745
Total Monthly Price
Base Rent$745
Total Monthly Price$745
1322 Harding Ave, Unit 3
1322 Harding AveAmes, IA 50010
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$745 - $7652 Bedroom Apartments Contact Us For Availability
1006 Lincoln Way
1006 Lincoln WayAmes, IA 50010
116 Welch Ave
AmesIA50014
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$785 - $1,0301 to 2 Bedroom Apartments Available Now
Melrose Park Apartments
706 24th 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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Rent Specials
$785 - $945Studio to 2 Bedroom Apartments Available Now
Wyndsor Terrace
4320 Westbrook DrAmes, IA 50014
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$790 - $990
Total Monthly Price
Base Rent$790 - $990
Total Monthly Price$790 - $990
611 Kellogg Ave
611 Kellogg AveAmes, IA 50010
611 Kellogg Ave
AmesIA50010
3309 West St
AmesIA50014
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Rent Specials
$800 - $1,290Studio to 2 Bedroom Apartments Available Now
Somerset Apartments
2430 Aspen RdAmes, IA 50010
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$800 - $9001 to 2 Bedroom Apartments Available Now
3500 Grand Ave
3500 Grand AveAmes, IA 50010
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$820 - $1,6851 to 3 Bedroom Apartments Available Now
Hyland Apartments
123 Sheldon AveAmes, IA 50014
216 Stanton Ave
AmesIA50014
726 24th St
AmesIA50010
1516 Delaware Ave
AmesIA50014
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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$9252 Bedroom Apartments Contact Us For Availability
1401 N. Dakota
1401 N Dakota AveAmes, IA 50014
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Rent Specials
$955 - $1,3751 to 2 Bedroom Apartments Available Now
Haven Apartments
1201 Florida AveAmes, IA 50014
120 20th St
AmesIA50010
2317 Clark Ave
AmesIA50010
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Rent Specials
$999 - $1,300Studio to 2 Bedroom Apartments Available Now
CORE Apartments
4415 Lincoln WayAmes, IA 50014
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$999 - $1,2493 Bedroom Apartments Available Now
Alpine Manor Apartments
1209 N Dakota AveAmes, IA 50014
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$1,000 - $1,5002 to 3 Bedroom Apartments Available Aug 1, 2027
Campus West
312-320 Hillcrest AveAmes, IA 50014
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$1,000 - $1,3503 to 4 Bedroom Apartments Available Now
Total Property Management 3206 Lincoln Way
3206 Lincoln WayAmes, IA 50014
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$1,000
Total Monthly Price
Base Rent$1,000
Total Monthly Price$1,000
216 S Franklin Ave, Unit 216
216 S Franklin AveAmes, IA 50014
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Studio to 2 Bedroom Apartments
Twin Oaks Apartments
4210 Lincoln Swing StAmes, IA 50014
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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1 Bedroom Apartments
520 5th St
520 5th StAmes, IA 50010
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1 to 4 Bedroom Apartments
307 Lynn Ave
307 Lynn AveAmes, IA 50014
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Studio to 2 Bedroom Apartments
Furman 24th Street Apartments
815-831 24th StAmes, IA 50010
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1 to 2 Bedroom Apartments
Furman Regency Court
3020 Regency CtAmes, IA 50010
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1 to 2 Bedroom Apartments
1005 28th St
1005 28th StAmes, IA 50010
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1 to 5 Bedroom Apartments
203 Campus
203 Campus AveAmes, IA 50014
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1 to 2 Bedroom Apartments
Spruce Pointe
126 Beedle DrAmes, IA 50014
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1 Bedroom Apartments
2929-2933 West St
2929-2933 West StAmes, IA 50014
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Studio to 2 Bedroom Apartments
South Oak
221 S Oak AveAmes, IA 50010
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2 Bedroom Apartments
2713 Luther Dr
2713 Luther DrAmes, 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.
Showing Results 1-50, Page 1 of 2
Somerset, Ames, IA Local Guide
How much does it cost to rent an apartment in Somerset?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Somerset Studio Apartments | $852 | $675 | $1,500 |
| Somerset 1 Bedroom Apartments | $888 | $550 | $1,605 |
| Somerset 2 Bedroom Apartments | $1,081 | $699 | $2,196 |
| Somerset 3 Bedroom Apartments | $1,109 | $489 | $2,370 |
| Somerset 4 Bedroom Apartments | $1,068 | $514 | $2,450 |
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 83 rentals with your search options within a 2 mile radius of the Somerset Neighborhood of Ames, IA.
See all Apartments in AmesExplore Ames
Somerset, Ames, IA Local Guide
- Nearby Ames neighborhoods
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Cheapest Available Somerset Apartments for Rent
The cheapest available apartment rental in the Somerset area of Ames, IA is a 4 Beds unit found at Campustown priced from $524. 304 Welch Ave has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Somerset apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campustown | 200 Stanton Ave - 4 Bed - 2 Bath - B - UF | 4BR,2BA | $524 |
| 304 Welch Ave | Studio | Studio,1BA | $635 |
| Grandview Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $675 |
| Hickory Ridge Apartments | 1 bed, 1 bath | 1BR,1BA | $775 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| 1007 Lincoln Way | Half Month FREE!! Spacious 2 Bedroom in Central... | 2BR,1BA | $795 |
| South Oak | 1 Bedroom XL | 1BR,1BA | $795 |
Best Value Apartments for Rent in Somerset, IA
As of September 06, 2026 the best value apartment in the Somerset area is the $0.36 price per square foot 4 Plus Bedroom/ 3 Bathroom - Lofted Model at 210 Gray - Sunset View in the in the Somerset neighborhood starting from $550. The second greatest value Somerset apartment is the #201 Model at Clocktower Place starting at $700 with a $0.49 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Somerset apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 210 Gray - Sunset View | 4 Plus Bedroom/ 3 Bathroom - Lofted | 4BR,3BA | $0.36 |
| Clocktower Place | #201 | 5BR,4BA | $0.49 |
| West Street Lofts | 2811 West #204 | 4BR,3BA | $0.51 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| Total Property Management 125 Campus Ave. | 125 Campus | 4BR,2BA | $0.81 |
| Point at Ames | Telluride A | 3BR,3BA | $0.69 |
| Total Property Management 3206 Lincoln Way | 4 bedroom | 4BR,2.5BA | $0.91 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.80 |
| Triangle Apartments | #104 | 3BR,2BA | $0.75 |
| 126 Welch Ave, Unit 312 | 126 Welch Ave | 1BR,1BA | $0.73 |
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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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.
Read ArticleReal 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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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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If you’re an expert on all things Somerset, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleSomerset, Ames, IA
Ranked #12
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Ames. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Somerset Apartments
What is a cheap apartment in Somerset?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Somerset is under $795.
What is the price of a cheap apartment in Somerset?
The cheapest apartment in Somerset is Grandview Square Apartments which is listed at $675, while the average apartment in Somerset costs $900.
What types of apartments are the cheapest in Somerset?
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 19 regular apartments in Somerset 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 Somerset?
Cheap apartments in Somerset have an average cost of $366 which is $534 cheaper than the average rent for all rentals in Somerset.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.