Cheap Apartments for Rent in Story County, IA from $300 (46 Rentals)

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

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.

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4713 Ontario St, Unit #3
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
1 Bedroom Apartment Available Aug 1

4713 Ontario St, Unit #3

4713 Ontario StAmes, IA 50014
Affordability
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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 Hayward Ave
Studio to 2 Bedroom Apartments

312 Hayward Ave

312 Hayward AveAmes, IA 50014

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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3404 Coy St
2 Bedroom Apartments

3404 Coy St

3404 Coy StAmes, IA 50014
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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
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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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304 Welch Ave
Studio to 2 Bedroom Apartments

304 Welch Ave

304 Welch AveAmes, IA 50014
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1005 28th St
1 to 2 Bedroom Apartments

1005 28th St

1005 28th StAmes, IA 50010
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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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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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2713 Luther Dr
2 Bedroom Apartments

2713 Luther Dr

2713 Luther DrAmes, IA 50010
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230 Campus Ave
1 to 2 Bedroom Apartments

230 Campus Ave

230 Campus AveAmes, IA 50014
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Windsor Pointe
1 to 3 Bedroom Apartments

Windsor Pointe

3815 Tripp StAmes, IA 50014
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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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2707 Luther Dr
2 Bedroom Apartments

2707 Luther Dr

2707 Luther DrAmes, IA 50010
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4606 Ontario St
2 Bedroom Apartments

4606 Ontario St

4606 Ontario 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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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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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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4518 Hutchison St
Studio to 2 Bedroom Apartments

4518 Hutchison St

4518 Hutchison 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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Oakwood
1 to 3 Bedroom Apartments

Oakwood

2101 Oakwood RdAmes, IA 50014
  • Utilities Included

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.

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Oak Brooke
2 to 3 Bedroom Apartments

Oak Brooke

422 Stonehaven DrAmes, IA 50010
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Showing Results 1-46, Page 1 of 1

Cheapest Available Story County Apartments for Rent

 

The cheapest available apartment rental in Story County, IA is a 3 Beds unit found at The Grove in the Grand Junction neighborhood priced from $610. 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 ListingModel NameBed/BathPriced From
The Grove3BR/3BA Upgraded3BR,3BA$610
Copper Beech3BR/3BA3BR,3BA$660
College Creek Apartments1 Bedroom Apartment1BR,1BA$755
Melrose Park Apartments1 Bed/1 Bath Apartment1BR,1BA$785
640 S. 4th St.640 S. 4th St. - Unit...1BR,1BA$785
Grandview Square Apartments2bed 1bth2BR,1BA$790
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$799
Somerset ApartmentsStudio ApartmentStudio,1BA$800
Hyland Apartments1 Bedroom Apartment1BR,1BA$820

Best Value Apartments for Rent in Story County, IA

As of June 02, 2026 the best value apartment in the Story County area is the $0.58 price per square foot Boulder B Model at Point at Ames in the in the Eagle Ridge neighborhood starting from $790. The second greatest value Story County apartment is the 3BR/3BA Model at The Grove starting at $625 with a $0.50 price per square foot in the Grand Junction 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.
Point at AmesBoulder B4BR,4BA$0.58
The Grove3BR/3BA3BR,3BA$0.50
Campus Flats3 Bed - Rent by Room3BR,3BA$0.62
The Madison3x3 Unfurnished3BR,3BA$0.49
Grandview Square Apartments2bed 1bth2BR,1BA$0.79
1025 C Ave, Unit 1025 C Ave Unit 21025 C Ave2BR,1BA$0.80
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1.5BA$0.98
Furman Western Hills2BR 2BA2BR,2BA$1.02
The Landing AmesB1 - 2x22BR,2BA$0.68
The LoftsTwo Bedroom2BR,1BA$0.78

Frequently Asked Questions about Cheap Story County Apartments

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

The cheapest apartment in Story County is College Creek Apartments which is listed at $755, while the average apartment in Story County costs $1,045.

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 49 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 $519 which is $526 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.