
Cheap Homes for Rent in South Ames Neighborhood of Ames, IA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the South Ames area of Ames.


238 Village Dr

930 6th St

426 Jeffrey Ln
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.

912 Grand Ave

4503 Twain Cir, Unit 204

4510 Twain Cir

4511 Twain Cir
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.
South Ames, Ames, IA Local Guide

How much does it cost to rent a home in South Ames?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Ames 2 Bedroom Homes for Rent | $1,154 | $1,000 | $1,300 |
| South Ames 3 Bedroom Homes for Rent | $2,022 | $935 | $2,700 |
| South Ames 4 Bedroom Homes for Rent | $1,871 | $1,700 | $2,100 |
| South Ames 5 Bedroom Homes for Rent | $2,037 | $585 | $2,600 |
| South Ames 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the South Ames Neighborhood of Ames, IA.
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South Ames, Ames, IA Local Guide
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Cheapest Available South Ames Apartments for Rent
 The cheapest available apartment rental in the South Ames area of Ames, IA is a 3 Beds unit found at The Grove priced from $610. Copper Beech has the second lowest priced unit, which is a 3 Beds apartment currently listed from $660. Here are the most affordable South Ames apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $610 |
| Copper Beech | 3BR/3BA | 3BR,3BA | $660 |
| Windsor Pointe | Aspen 60% | 1BR,1BA | $725 |
Best Value Apartments for Rent in South Ames, IA
As of June 05, 2026 the best value apartment in the South Ames area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value South Ames apartment is the 4 Bedroom/2 Bathroom Model at Tripp Street Apartments starting at $1,400 with a $1.12 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for South Ames apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.03 |
| Tripp Street Apartments | 4 Bedroom/2 Bathroom | 4BR,2BA | $1.12 |
| The Grove | 3BR/3BA | 3BR,3BA | $0.50 |
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.62 |
| The Madison | 3x3 Unfurnished | 3BR,3BA | $0.49 |
| 1108 S. 4th Street | 3 Bed/ 1.5 Bath | 3BR,1.5BA | $0.98 |
| Furman Western Hills | 2BR 2BA | 2BR,2BA | $1.02 |
| The Landing Ames | B1 - 2x2 | 2BR,2BA | $0.68 |
| Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.11 |
| The Lofts | Two Bedroom | 2BR,1BA | $0.78 |
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 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.
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.
Pet Friendly LifestyleSouth Ames, Ames, IA
Ranked #1
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about South Ames
What type of rentals are currently available in South Ames?
There are currently 192 Apartments for Rent in South Ames, IA with pricing that ranges from $429 to $2,788. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Ames ranging from $585 to $2,700.
What is the current price range for Rental Homes in South Ames?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Ames ranges from $585 to $2,700 with an average monthly rent of $1,791.
How much are larger Three and Four Bedroom Rentals in South Ames?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Ames range from $459 to $1,701, while Three Bedroom Homes, Condos, and Townhomes for rent range from $935 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $429.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.