
Cheap Homes for Rent in Story County, IA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Story County.


919 6th St

5504 Kansas Dr

238 Village Dr
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.

721 Burnett Ave

930 6th St

4503 Twain Cir, Unit 204

426 Jeffrey Ln
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.

1433 Prairie Dr
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 | $1,117 | $940 | $1,300 |
| Story County 3 Bedroom Homes for Rent | $2,041 | $1,200 | $2,600 |
| Story County 4 Bedroom Homes for Rent | $1,977 | $1,775 | $2,395 |
| Story County 5 Bedroom Homes for Rent | $1,695 | $585 | $2,300 |
| Story County 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Homes for Rent 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 3 Beds unit found at Campustown in the Somerset neighborhood priced from $489. Copper Beech in the South Ames neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $595. 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 - 3 Bed - 1 Bath - C - UF | 3BR,1BA | $489 |
| Copper Beech | 4BR/4.5BA | 4BR,4BA | $595 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $599 |
Best Value Apartments for Rent in Story County, IA
As of July 05, 2026 the best value apartment in the Story County area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value Story County apartment is the 3 Bedroom Model at Oakwood starting at $1,350 with a $1.04 price per square foot in the Gateway Hills 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. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.03 |
| Oakwood | 3 Bedroom | 3BR,2BA | $1.04 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $0.48 |
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.62 |
| The Madison | 3x3 Unfurnished | 3BR,3BA | $0.49 |
| Evergreen Lane Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.89 |
| The Landing Ames | B1 - 2x2 | 2BR,2BA | $0.68 |
| Wyndsor Terrace | 2 bed 1 bath | 2BR,1BA | $1.01 |
| The Lofts | Two Bedroom | 2BR,1BA | $0.78 |
Frequently Asked Questions about Story County
What type of rentals are currently available in Story County?
There are currently 293 Apartments for Rent in Story County, IA with pricing that ranges from $350 to $2,960. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Story County ranging from $585 to $2,700.
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 $2,700 with an average monthly rent of $1,744.
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 $465 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 $1,775 and Four Bedroom Apartments start at $350.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.