Cheap Homes for Rent in Ames, IA from $700 (27 Rentals)

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property at 215 Jewel Dr

215 Jewel Dr

AmesIA50010

Ames, IA Local Guide

Cheapest Neighborhoods for Apartments in Ames, IA

Pricing Updated: 03/24/2025

Current apartment rentals in the Ames, IA area range in price from $745 to $2,800 with an overall median price of $2,094. The three Ames neighborhoods with the lowest median rent pricing are Old Town at $770, East Ames at $770, and Grand Junction at $770. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ames Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Old Town$1,572$77097
East Ames$1,600$77050
Grand Junction$1,650$77050
Bel-Air$1,725$770150
Dauntless$2,075$85038
Campustown$2,300$80030
Eagle Ridge$2,300$745303
Fountainview$2,300$90038
Gateway Hills$2,300$80030
North Ames$2,300$745246

Cheapest Available Ames Apartments for Rent

 

The cheapest available apartment rental in Ames, IA is a 4 Beds unit found at The Social West Ames® in the Fountainview neighborhood priced from $519. Grandview Square Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Ames apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Social West Ames®Watson - Station4BR,3BA$519
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$675
College Creek Apartments1 Bed, 1 bath1BR,1BA$725
Wyndsor TerraceStudioStudio,1BA$740
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$799
Somerset ApartmentsStudioStudio,1BA$800
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$875
Spacious Apartments minutes from everything2br/2ba2BR,2BA$875
301 Main1 Bed 1 Bath1BR,1BA$885

Best Value Apartments for Rent in Ames, IA

As of March 24, 2025 the best value apartment in the Ames area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the Grand Junction neighborhood starting from $800. The second greatest value Ames apartment is the Three Bedroom, Two Bath Model at Laverne Apartments starting at $1,265 with a $1.05 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Ames apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Copper Beech at Ames2BR/2.5BA2BR,2.5BA$0.65
Laverne ApartmentsThree Bedroom, Two Bath3BR,2BA$1.05
The Quarters AmesA - 3x33BR,3BA$0.55
The Madison3x3 Furnished3BR,3BA$0.53
Northern Lights Apartments3304 Polaris ( 3 bedroom )3BR,2BA$1.01
The Grove at Ames2BR/2BA2BR,2BA$0.73
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$0.75
Spacious Apartments minutes from everything2br/2ba2BR,2BA$0.99
3500 Grand Ave2BR/1.0BA2BR,1BA$1.06
Point at AmesFrisco A2BR,2BA$1.05

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Frequently Asked Questions about Ames

What type of rentals are currently available in Ames?

There are currently 240 Apartments for Rent in Ames, IA with pricing that ranges from $404 to $2,600. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ames ranging from $745 to $2,800.

What is the current price range for Rental Homes in Ames?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ames ranges from $745 to $2,800 with an average monthly rent of $1,559.

How much are larger Three and Four Bedroom Rentals in Ames?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ames range from $465 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,800. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $404.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.