
Cheap Apartments for Rent in Story County, IA from $400 (117 Rentals)
Search the lowest-cost Apartments available for rent right now in Story County.


14 1st St

Furman Regency Court

304 Welch Ave

203 Campus

Townhomes at Creekside

Western Hills Apartments

College Creek Apartments

Grandview Square Apartments

921 Duff Ave
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.

Melrose Park Apartments

Furman Western Hills

Total Monthly Price
126 Welch Ave

Windsor Pointe

Total Monthly Price
808 Clark Ave, Unit 808 Clark Ave

5-2505 Lincoln Way

Wyndsor Terrace

2721 Luther Dr

1216 S G Ave

505 E 4th St
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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.

West Field Apartments

Hickory Ridge Apartments

Gateway

Somerset Apartments

Northridge Apartments

South Meadow

Hyland Apartments

The Ridge Apartments

3500 Grand Ave

West Towne
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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.

Aspen Village

Total Property Management 134 Campus

Total Monthly Price
2715 Ferndale Ave, Unit 1

1010-1012 Delaware Ave

1108 S. 4th Street

Tall Timber Apartments

4210-4212 Harris St

Cranford Apartments

1522 Delaware Ave

1516 Delaware Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Total Monthly Price
Haven Apartments

Timbercreek Apartments

Crystal Street Apartments

Fountainview

West Village Apartments

Wessex Apartments

Fountain View Apartments

Laverne Apartments

1228-1230 Harding Ave

312 E 5th St
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Story County, IA Local Guide

How much does it cost to rent an apartment in Story County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Story County Studio Apartments | $898 | $675 | $1,500 |
| Story County 1 Bedroom Apartments | $946 | $575 | $1,600 |
| Story County 2 Bedroom Apartments | $1,072 | $609 | $2,000 |
| Story County 3 Bedroom Apartments | $956 | $465 | $2,370 |
| Story County 4 Bedroom Apartments | $1,005 | $414 | $2,880 |
Browse Apartments in Story County
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Cheapest Available Story County Apartments for Rent
 The cheapest available apartment rental in Story County, IA is a Studio unit found at 304 Welch Ave in the Somerset neighborhood priced from $635. Copper Beech in the South Ames neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $660. Here is today’s list of the most affordable Story County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 304 Welch Ave | Studio | Studio,1BA | $635 |
| Copper Beech | 3BR/3BA | 3BR,3BA | $660 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $705 |
| Windsor Pointe | Aspen 60% | 1BR,1BA | $725 |
| Western Hills Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $745 |
| College Creek Apartments | 1 Bedroom Apartment | 1BR,1BA | $755 |
| Wyndsor Terrace | Studio | Studio,1BA | $765 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $765 |
| Bergengreen Apartments | 1 Bed/1 Bath | 1BR,1BA | $785 |
Best Value Apartments for Rent in Story County, IA
As of March 03, 2026 the best value apartment in the Story County area is the $0.48 price per square foot 3x3 Unfurnished Model at The Madison in the in the Fountainview neighborhood starting from $524. The second greatest value Story County apartment is the 2405 Knapp St Model at 2405 Knapp St, Unit 2405 Knapp St starting at $1,150 with a $1.07 price per square foot in the West Campus Village neighborhood. Here is today’s list of the best values for Story County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Madison | 3x3 Unfurnished | 3BR,3BA | $0.48 |
| 2405 Knapp St, Unit 2405 Knapp St | 2405 Knapp St | 3BR,1BA | $1.07 |
| The Social Reserve | Montgomery Renovated - Reserve | 3BR,2BA | $0.51 |
| Villas at Deerwood | Villa | 3BR,1BA | $0.97 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.77 |
| The Grove | 2BR/2BA | 2BR,2BA | $0.77 |
| Western Hills Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.05 |
| Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
| Crystal Street Apartments | 2br/2ba | 2BR,2BA | $1.05 |
| Point at Ames | Frisco B | 2BR,2BA | $1.06 |
Frequently Asked Questions about Cheap Story County Apartments
What is a cheap apartment in Story County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Story County is under $785.
What is the price of a cheap apartment in Story County?
The cheapest apartment in Story County is Melrose Park Apartments which is listed at $705, while the average apartment in Story County costs $1,000.
What types of apartments are the cheapest in Story County?
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 181 regular apartments in Story County 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 Story County?
Cheap apartments in Story County have an average cost of $575 which is $425 cheaper than the average rent for all rentals in Story County.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.