Cheap Apartments for Rent in Story County, IA from $350 (93 Rentals)

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

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126 Welch Ave, Unit 312
$550
Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550
1 Bedroom Apartment Available Now

126 Welch Ave, Unit 312

126 Welch AveAmes, IA 50014
Cost Per Sq.Ft.

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Twin Oaks Apartments
Studio to 2 Bedroom Apartments

Twin Oaks Apartments

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

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
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312 Hayward Ave
Studio to 2 Bedroom Apartments

312 Hayward Ave

312 Hayward AveAmes, IA 50014
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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

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

3404 Coy St

3404 Coy StAmes, IA 50014
  • Utilities Included

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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Story City 18-Unit
Studio to 2 Bedroom Apartments

Story City 18-Unit

804 Roosevelt StStory City, IA 50248
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307 Lynn Ave
1 to 4 Bedroom Apartments

307 Lynn Ave

307 Lynn AveAmes, IA 50014
  • Utilities Included
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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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203 Campus
1 to 5 Bedroom Apartments

203 Campus

203 Campus AveAmes, IA 50014
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Spruce Pointe
1 to 2 Bedroom Apartments

Spruce Pointe

126 Beedle DrAmes, IA 50014
  • Utilities Included

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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Cheapest Available Story County Apartments for Rent

 

The cheapest available apartment rental in Story County, IA is a 4 Beds unit found at The Social West Ames® in the Fountainview neighborhood priced from $469. Copper Beech in the South Ames neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $499. Here is today’s list of the most affordable Story County apartments for rent:

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
Story City 18-UnitStudio ApartmentStudio,1BA$550
The Grove3BR/3BA Upgraded3BR,3BA$599
304 Welch AveStudioStudio,1BA$635
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$675
RiverbirchStudioStudio,1BA$695
West TowneStudioStudio,1BA$699

Best Value Apartments for Rent in Story County, IA

As of September 01, 2026 the best value apartment in the Story County 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 Story County 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 Story County 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
The Quarters AmesA - 3x33BR,3BA$0.44
The Madison Apartments3x3 Furnished3BR,3BA$0.55
The Social West Ames®Cambridge A Renovated - Station3BR,2BA$0.52
444 Welch#2043BR,2BA$0.61
Triangle Apartments#2023BR,2BA$0.65

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 $699.

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 $675, while the average apartment in Story County costs $925.

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 90 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 $353 which is $572 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 Rent According to Income: A Look at Income-Restricted Rentals article

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 Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.