Cheap Apartments for Rent in the South Ames Neighborhood of Ames, IA from $344 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Ames area of Ames.

property at 218 Stanton Ave
$489 - $514
4 Bedroom Rentals
Available Now
Affordability

218 Stanton Ave

AmesIA50014
property at 215 Stanton Ave
$544
4 To 5 Bedroom Rentals
Available Now
Affordability

215 Stanton Ave

AmesIA50014
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126 Welch Ave, Unit 312
$550

Total Monthly Price

Base Rent$550
Total Monthly Price$550
1 Bedroom Apartment Available Now

126 Welch Ave, Unit 312

126 Welch AveAmes, IA 50014
Cost Per Sq.Ft.
property at 119 Stanton Ave
$514 - $569
3 To 5 Bedroom Rentals
Available Now
Affordability

119 Stanton Ave

AmesIA50014
property at 225 Stanton Ave
$549 - $574
4 Bedroom Rentals
Available Now
Affordability

225 Stanton Ave

AmesIA50014
property at 200 Stanton Ave
$524 - $594
3 To 5 Bedroom Rentals
Available Now
Affordability

200 Stanton Ave

AmesIA50014
property at 330 N Franklin Ave
$600 - $1,800

Total Monthly Price

Base Rent$600 - $1,800
Total Monthly Price$600 - $1,800
4 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

330 N Franklin Ave

AmesIA50014
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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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property at 300 Stanton Ave
$559 - $699
2 To 3 Bedroom Rentals
Available Now
Affordability

300 Stanton Ave

AmesIA50014

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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property at 116 Welch Ave
$764
1 Bedroom Rentals
Available Now
Affordability

116 Welch Ave

AmesIA50014
property at 611 Kellogg Ave
$790 - $990
1 To 2 Bedroom Rentals
Available Now
Affordability

611 Kellogg Ave

AmesIA50010

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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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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property at 2401 Knapp St
$990

Total Monthly Price

Base Rent$990
Total Monthly Price$990
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

2401 Knapp St

AmesIA50014
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Twin Oaks Apartments
Studio to 2 Bedroom Apartments

Twin Oaks Apartments

4210 Lincoln Swing StAmes, IA 50014
  • Utilities Included
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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included

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.

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South Ames, Ames, IA Local Guide

Cheapest Available South Ames Apartments for Rent

 

The cheapest available apartment rental in the South Ames area of Ames, IA is a 4 Beds unit found at The Social West Ames® priced from $469. Copper Beech has the second lowest priced unit, which is a 4 Beds apartment currently listed from $499. Here are the most affordable South Ames apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
The Social West Ames®Langley B Renovated - Station4BR,2BA$469
Copper Beech4BR/4.5BA4BR,4BA$499
Campustown200 Stanton Ave - 4 Bed - 2 Bath - B - UF4BR,2BA$524
The Grove3BR/3BA Upgraded3BR,3BA$599
304 Welch AveStudioStudio,1BA$635
RiverbirchStudioStudio,1BA$695
Fountain View Apartments1 Bedroom1BR,1BA$695
West TowneStudioStudio,1BA$699

Best Value Apartments for Rent in South Ames, IA

As of September 06, 2026 the best value apartment in the South Ames 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 South Ames 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 South Ames apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
210 Gray - Sunset View4 Plus Bedroom/ 3 Bathroom - Lofted4BR,3BA$0.36
Clocktower Place#2015BR,4BA$0.49
West Street Lofts2811 West #2044BR,3BA$0.51
The Social West Ames SteinbeckFurnished Casy Renovated - Steinbeck4BR,2BA$0.37
Campustown200 Stanton Ave - 3 Bed - 1 Bath - A - UF3BR,1BA$0.45
Point at AmesTelluride A3BR,3BA$0.69
The Quarters AmesA - 3x33BR,3BA$0.44
The Madison Apartments3x3 Furnished3BR,3BA$0.55
444 Welch#2063BR,2BA$0.65
The Social ReserveGuthrie - Reserve2BR,1BA$0.70

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.

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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 Lifestyle
South Ames, Ames, IA

Ranked #2

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Ames. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Ames Apartments

What is a cheap apartment in South Ames?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Ames is under $699.

What is the price of a cheap apartment in South Ames?

The cheapest apartment in South Ames is Fountain View Apartments which is listed at $695, while the average apartment in South Ames costs $857.

What types of apartments are the cheapest in South Ames?

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 87 regular apartments in South Ames 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 South Ames?

Cheap apartments in South Ames have an average cost of $419 which is $438 cheaper than the average rent for all rentals in South Ames.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.