Cheap Apartments for Rent in Story City, IA from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in Story City.

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.

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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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
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Furman Regency Court
1 to 2 Bedroom Apartments

Furman Regency Court

3020 Regency CtAmes, IA 50010
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1005 28th St
1 to 2 Bedroom Apartments

1005 28th St

1005 28th StAmes, IA 50010
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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1006 Lincoln Way
2 Bedroom Apartments

1006 Lincoln Way

1006 Lincoln WayAmes, IA 50010
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3319 Story St.
2 to 4 Bedroom Apartments

3319 Story St.

3319 Story StAmes, IA 50014
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2721 Luther Dr
1 to 2 Bedroom Apartments

2721 Luther Dr

2721 Luther DrAmes, IA 50010
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141 Campus
2 Bedroom Apartments

141 Campus

141 Campus AveAmes, IA 50014
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Delaware Woods
2 to 3 Bedroom Apartments

Delaware Woods

1121 Delaware AveAmes, IA 50014

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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246 Hyland
1 to 3 Bedroom Apartments

246 Hyland

246 N Hyland AveAmes, IA 50014
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South View Apartments
2 Bedroom Apartments

South View Apartments

209-227 S 5th StAmes, IA 50010
Corporate Housing
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Cardinal Terrace
1 to 2 Bedroom Apartments

Cardinal Terrace

211 Lynn AveAmes, IA 50014
Student Housing
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Campus West
2 to 3 Bedroom Apartments

Campus West

312-320 Hillcrest AveAmes, IA 50014
  • Utilities Included
property at 4511 Twain Cir

$980 - $1,030

1 Bedroom Rentals

Available Aug 1

4511 Twain Cir

AmesIA50014

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Story City, IA Local Guide

Cheapest Available Story City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Story City, IA is a 1 Bed unit found at Melrose Park Apartments in the Eagle Ridge neighborhood priced from $785. Grandview Square Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $790. Here is today’s list of the most affordable Story City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Melrose Park Apartments1 Bed/1 Bath Apartment1BR,1BA$785
Grandview Square Apartments2bed 1bth2BR,1BA$790
Somerset ApartmentsStudio ApartmentStudio,1BA$800
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Furman Somerset Apartments1 Bedroom1BR,1BA$880
Timbercreek Apartments2 Bedrooms / 2 Bathrooms2BR,2BA$950
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1BA$980
South View ApartmentsLandmark | Classic2BR,1BA$1,050
Alpine Manor Apartments3 bedroom 2 Bath3BR,2BA$1,149
2706 Kent Ave2706 Kent (2 bedroom)2BR,2BA$1,160

Best Value Apartments for Rent in Story City, IA and Nearby

As of May 23, 2026 the best value apartment in the Story City area is the $0.62 price per square foot 3 Bed - Rent by Room Model at Campus Flats in the in the Eagle Ridge neighborhood starting from $699. The second greatest value Story City apartment is the 3305 Roy Key ( 3 bedroom ) Model at Northern Lights Apartments starting at $1,170 with a $1.11 price per square foot in the Eagle Ridge neighborhood. Here is today’s list of the best values for Story City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Campus Flats3 Bed - Rent by Room3BR,3BA$0.62
Northern Lights Apartments3305 Roy Key ( 3 bedroom )3BR,2BA$1.11
Alpine Manor Apartments3 bedroom 2 Bath3BR,2BA$1.12
Grandview Square Apartments2bed 1bth2BR,1BA$0.79
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1.5BA$0.98
Hyland Apartments2 Bed/2 Bath Apartment2BR,2BA$1.23
South View ApartmentsOutlook | Renovated2BR,1BA$1.21
Timbercreek Apartments2 Bedrooms / 2 Bathrooms2BR,2BA$1.16
Campustown | Student Apartments1x11BR,1BA$1.21
The LoftsTwo Bedroom2BR,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.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Story City Apartments

How much is rent for a Cheap One Bedroom Story City Apartment?

The lowest price for a Cheap One Bedroom Story City Apartment is $785 at Melrose Park Apartments.

What is the lowest price for a Cheap Two Bedroom Story City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Story City is starting from $790 at Grandview Square Apartments.

What is the most affordable Story City Three Bedroom Apartment?

The best deal on a cheap Story City Three Bedroom Apartment rental is at 1108 S. 4th Street and starts from $980.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.