Cheap Homes for Rent in the South Ames Neighborhood of Ames, IA from $509 (7 Rentals)

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

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.
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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.

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

2401 Knapp St

AmesIA50014
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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

Best Value Apartments for Rent in South Ames, IA

As of September 05, 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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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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Frequently Asked Questions about South Ames

What type of rentals are currently available in South Ames?

There are currently 212 Apartments for Rent in South Ames, IA with pricing that ranges from $344 to $2,505. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Ames ranging from $509 to $2,500.

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 $509 to $2,500 with an average monthly rent of $1,526.

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 $450 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $350.

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

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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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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.