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Cheap Apartments for Rent in the Old Town Neighborhood of Ames, IA from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Ames.
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from $780Studio to 4 Bedroom Apartments Available Aug 4
Gateway
1300 Gateway Hills Park DrAmes, IA 50014
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Rent Specials
from $7901 to 2 Bedroom Apartments Contact Us For Availability
420 S 4th St
420 S 4th StAmes, IA 50010
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702 Carroll Ave
AmesIA50010
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
209 E 6th St
AmesIA50010
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Old Town, Ames, IA Local Guide
Ada Hayden Sunset by Max Goldberg is licensed under CC BY 2.0
How much does it cost to rent an apartment in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Studio Apartments | $996 | $780 | $1,300 |
| Old Town 1 Bedroom Apartments | $936 | $790 | $1,470 |
| Old Town 2 Bedroom Apartments | $1,131 | $599 | $1,690 |
| Old Town 3 Bedroom Apartments | $899 | $465 | $2,600 |
| Old Town 4 Bedroom Apartments | $660 | $445 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Old Town Neighborhood of Ames, IA.
See all Apartments in AmesExplore Ames
Old Town, Ames, IA Local Guide
- Nearby Ames neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Old Town Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 301 Main | 1 Bed 1 Bath | 1BR,1BA | $885 |
| Oakwood | 1 bedroom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Old Town, IA
As of April 27, 2025 the best value apartment in the Old Town area is the $0.55 price per square foot A - 3x3 Model at The Quarters Ames in the in the Grand Junction neighborhood starting from $615. The second greatest value Old Town apartment is the Cambridge A - Station Model at The Social West Ames® starting at $519 with a $0.54 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Quarters Ames | A - 3x3 | 3BR,3BA | $0.55 |
| The Social West Ames® | Cambridge A - Station | 3BR,2BA | $0.54 |
| Oakwood | 1 bedroom | 1BR,1BA | $1.20 |
| BlockOne | STUDIO - University Towers | 1BR,1BA | $2.60 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOld Town, Ames, IA
Ranked #7
Among neighborhoods in Ames, IA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Town Apartments
What types of apartments are the cheapest in Old Town?
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 29 regular apartments in Old Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.