
Cheap Homes for Rent in Story County, IA from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Story County.


330 N Franklin Ave

116 Shepard St

215 N Main St

919 6th St

1423 K Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

4008 Ontario St

814 Burnett Ave

1250 24th St

251 S Franklin Ave

4511 Twain Cir

2401 Knapp St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

3321 West St
Story County, IA Local Guide

How much does it cost to rent a home in Story County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Story County 2 Bedroom Homes for Rent | $1,040 | $700 | $1,300 |
| Story County 3 Bedroom Homes for Rent | $1,818 | $1,200 | $2,600 |
| Story County 4 Bedroom Homes for Rent | $1,943 | $600 | $3,250 |
| Story County 5 Bedroom Homes for Rent | $1,678 | $585 | $2,350 |
| Story County 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
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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 Campustown in the Somerset neighborhood priced from $524. The Grove in the Grand Junction neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here is today’s list of the most affordable Story County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campustown | 200 Stanton Ave - 4 Bed - 2 Bath - B - UF | 4BR,2BA | $524 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $599 |
| 304 Welch Ave | Studio | Studio,1BA | $635 |
| Riverbirch | Studio | Studio,1BA | $695 |
| The Ridge Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $695 |
Best Value Apartments for Rent in Story County, IA
As of August 20, 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 200 Stanton Ave - 3 Bed - 1 Bath - A - UF Model at Campustown starting at $584 with a $0.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 210 Gray - Sunset View | 4 Plus Bedroom/ 3 Bathroom - Lofted | 4BR,3BA | $0.36 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.53 |
| Point at Ames | Telluride A | 3BR,3BA | $0.69 |
| The Quarters Ames | A - 3x3 | 3BR,3BA | $0.44 |
| The Madison Apartments | 3x3 Furnished | 3BR,3BA | $0.55 |
| Beach View | 2 Bed/ 2 Bath | 2BR,2BA | $0.75 |
| The Grove | 2BR/2BA Upgraded | 2BR,2BA | $0.73 |
| Mortensen Heights | 2B | 2BR,2BA | $0.71 |
| 126 Welch Ave, Unit 312 | 126 Welch Ave | 1BR,1BA | $0.73 |
Frequently Asked Questions about Story County
What type of rentals are currently available in Story County?
There are currently 306 Apartments for Rent in Story County, IA with pricing that ranges from $439 to $2,561. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Story County ranging from $585 to $3,250.
What is the current price range for Rental Homes in Story County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Story County ranges from $585 to $3,250 with an average monthly rent of $1,653.
How much are larger Three and Four Bedroom Rentals in Story County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Story County range from $479 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,600. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $439.
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

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.

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.

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.

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.