Cheap Apartments for Rent in the Old Town Neighborhood of Ames, IA from $300 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Old Town area of Ames.

property at 921 Duff Ave

921 Duff Ave

AmesIA50010
close
View Me
520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Inc.
close
View Me
Maplewood
1 to 3 Bedroom Apartments

Maplewood

1108 S 4th StAmes, IA 50010
  • Utilities Inc.
close
View Me
640 S. 4th St.
Studio Apartments

640 S. 4th St.

620-640 S 4th StAmes, IA 50010

Old Town, Ames, IA Local Guide

Cheapest Available Old Town Apartments for Rent

 

The cheapest available apartment rental in the Old Town area of Ames, IA is a 4 Beds unit found at The Social West Ames® priced from $449. 301 Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Old Town apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
The Social West Ames®Watson - Station4BR,3BA$449
301 Main1 Bed 1 Bath1BR,1BA$885
Oakwood1 bedroom1BR,1BA$899

Best Value Apartments for Rent in Old Town, IA

As of March 02, 2025 the best value apartment in the Old Town area is the $1.39 price per square foot 3 Beds, 3 baths Model at BrickTowne Ames Townhomes in the in the Grand Junction neighborhood starting from $2,500. The second greatest value Old Town apartment is the 2BR/2BA Model at The Grove at Ames starting at $695 with a $0.73 price per square foot in the Grand Junction neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
BrickTowne Ames Townhomes3 Beds, 3 baths3BR,3BA$1.39
The Grove at Ames2BR/2BA2BR,2BA$0.73
Oakwood1 bedroom1BR,1BA$1.20
The Social West Ames®Berkley - Station1BR,1BA$1.65
BlockOneSTUDIO - University Towers1BR,1BA$2.60
117 5th St, Unit 202117 5th St2BR,1BA$1.44

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Old Town, Ames, IA

Ranked #4

Among neighborhoods in Ames, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Old Town Neighborhood in Ames, IA

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Old Town Apartments

How much is rent for a Cheap One Bedroom Old Town Apartment?

The lowest price for a Cheap One Bedroom Old Town Apartment is $885 at 301 Main.

What is the lowest price for a Cheap Two Bedroom Old Town Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Town is starting from $999 at Oakwood.

What is the most affordable Old Town Three Bedroom Apartment?

The best deal on a cheap Old Town Three Bedroom Apartment rental is at The Social West Ames® and starts from $499.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.