Cheap Apartments for Rent in Story County, IA from $300 (83 Rentals)

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

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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property at 418 Ash Ave

418 Ash Ave

AmesIA50014
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Gateway
Rent Specials
$799 - $1,299Studio to 4 Bedroom Apartments Available Aug 4, 2026

Gateway

1300 Gateway Hills Park DrAmes, IA 50014
Student Housing
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Twin Oaks Apartments
Studio to 2 Bedroom Apartments

Twin Oaks Apartments

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

520 5th St

520 5th StAmes, IA 50010
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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
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3404 Coy St
2 Bedroom Apartments

3404 Coy St

3404 Coy StAmes, IA 50014
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307 Lynn Ave
1 to 4 Bedroom Apartments

307 Lynn Ave

307 Lynn AveAmes, IA 50014
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Oak Park Estates
1 to 3 Bedroom Apartments

Oak Park Estates

634 Academy CirNevada, IA 50201
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640 S. 4th St.
Studio to 2 Bedroom Apartments

640 S. 4th St.

620-640 S 4th StAmes, IA 50010

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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
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Spruce Pointe
1 to 2 Bedroom Apartments

Spruce Pointe

126 Beedle DrAmes, IA 50014
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Ballard LLC
1 to 3 Bedroom Apartments

Ballard LLC

102 Oak BlvdHuxley, IA 50124
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2929 West Street
1 Bedroom Apartments

2929 West Street

2929-2933 West StAmes, IA 50014
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2713 Luther Dr
2 Bedroom Apartments

2713 Luther Dr

2713 Luther DrAmes, IA 50010
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4112 Lincoln Swing
1 to 2 Bedroom Apartments

4112 Lincoln Swing

4112 Lincoln Swing StAmes, IA 50014
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230 Campus Ave
1 to 2 Bedroom Apartments

230 Campus Ave

230 Campus AveAmes, IA 50014
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4518 Hutchison
Studio to 2 Bedroom Apartments

4518 Hutchison

4518 Hutchison StAmes, IA 50014
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514-520 Carroll Ave
1 Bedroom Apartments

514-520 Carroll Ave

514-520 Carroll AveAmes, IA 50010
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Cheapest Available Story County Apartments for Rent

 

The cheapest available apartment rental in Story County, IA is a 3 Beds unit found at Copper Beech in the South Ames neighborhood priced from $600. College Creek Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $670. Here is today’s list of the most affordable Story County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copper Beech3BR/3BA3BR,3BA$600
College Creek ApartmentsStudio ApartmentStudio,1BA$670
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$690
4112 Lincoln Swing2 Bed/ 1 Bath2BR,1BA$720
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$725
Western Hills Apartments1 Bed/1 Bath Apartment1BR,1BA$745
The Ridge Apartments1 Bedroom/1 Bathroom1BR,1BA$775
Oakwood1 bedroom1BR,1BA$799
Northridge Apartments2 BR/ 1 BA2BR,1BA$800
Somerset ApartmentsStudio ApartmentStudio,1BA$800

Best Value Apartments for Rent in Story County, IA

As of November 22, 2025 the best value apartment in the Story County area is the $0.56 price per square foot 3 Bedroom Model at Townhomes at Creekside in the in the Fountainview neighborhood starting from $815. The second greatest value Story County apartment is the 4 Bedroom/2 Bathroom Model at Tripp Street Apartments starting at $300 with a $0.24 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Story County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Creekside3 Bedroom3BR,2BA$0.56
Tripp Street Apartments4 Bedroom/2 Bathroom4BR,2BA$0.24
1311 Delaware Ave, Unit 11311 Delaware Ave2BR,1BA$0.67
The Quarters AmesB - 2x22BR,2BA$0.63
The Madison3x3 Unfurnished3BR,3BA$0.48
Grandview Square Apartments2bed 1bth2BR,1BA$0.78
The Grove2BR/2BA2BR,2BA$0.75
Northridge Apartments2 BR/ 1 BA2BR,1BA$0.89
Melrose Park Apartments2 Beds, 1 bath2BR,1BA$0.98
4112 Lincoln Swing2 Bed/ 1 Bath2BR,1BA$0.95

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 $800.

What is the price of a cheap apartment in Story County?

The cheapest apartment in Story County is Grandview Square Apartments which is listed at $690, while the average apartment in Story County costs $1,150.

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 76 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 $665 which is $485 cheaper than the average rent for all rentals in Story County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.