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Rental Market Trends in Ames, IA

Updated July 2026

The average rent in Ames, IA is $882/month.

Rent in Ames is 47% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$882/month

Average Rent

610 Sq Ft

Average Size

-2.5%

Change / Year

1,179

Available Apartments

Ames rent varies by unit size and layout:

  • Studio apartments in Ames average $776 per month.
  • One-bedroom apartments in Ames average $882 per month.
  • Two-bedroom apartments in Ames average $1,105 per month.
  • Three-bedroom apartments in Ames average $1,371 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$776/month
399 Sq Ft
One Bedroom
$882/month
610 Sq Ft
Two Bedroom
$1,105/month
901 Sq Ft
Three Bedroom
$1,371/month
1,119 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,044/month
653 Sq Ft
Three Bedroom
$2,146/month
1,553 Sq Ft
Four Bedroom
$1,904/month
1,704 Sq Ft
View Ames Apartments

How much has average rent changed in Ames, IA?

In the past year, rent has decreased by 2.5%, which averages out to $21 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Ames, IA

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Ames, IA
Percentage*
Rent Range
6% Below $700/month
47% $700 - $1,000/month
36% $1,001 - $1,500/month
9% $1,501 - $2,000/month
3% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Ames?

Based on current rent prices, South Ames, West Ames and East Ames are the most affordable neighborhoods in Ames.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Ames
$893/month
675 Sq Ft
West Ames
$900/month
637 Sq Ft
East Ames
$914/month
620 Sq Ft
Campustown
$968/month
585 Sq Ft

What are the most expensive neighborhoods in Ames?

Based on current rent prices, Campustown, East Ames and West Ames are the most expensive neighborhoods in Ames.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Campustown
$968/month
585 Sq Ft
East Ames
$914/month
620 Sq Ft
West Ames
$900/month
637 Sq Ft
South Ames
$893/month
675 Sq Ft

Which Ames neighborhoods have the most rentals available?

The neighborhoods in Ames with the most apartments available are West Ames, East Ames and South Ames .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Ames
$900/month
637 Sq Ft
East Ames
$914/month
620 Sq Ft
South Ames
$893/month
675 Sq Ft
Campustown
$968/month
585 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Ames, IA?

Because the average rent in Ames is $882, you’ll want to make about $2,940 per month or $35,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Ames, IA is 5.7% lower than the national average. Generally, housing in Ames is 12.2% less expensive than the national average, with rent falling between $776 - $1,371. You can expect to pay 3.6% less for groceries, 4.8% less for utilities, and 3.8% less for transportation.

City

Ames, IA

1,179 Available Apartments for Rent

Search for Nearby Apartments

How does Ames, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Ames, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Ames Area Guide

Apartment Averages

South Ames

Ames, IA

Campustown

Ames, IA

Studio
$905/month
$827/month
One Bedroom
$941/month
$961/month
Two Bedroom
$1,281/month
$1,313/month
Three Bedroom
$1,757/month
$1,343/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Boone

    Boone

Apartment Communities in Ames We Think You'll Love

The Social West Ames®

The Social West Ames®

1320 Coconino Rd,
Ames, IA 50014

1-4 Beds | $469 - $1,278

The Madison Apartments

The Madison Apartments

4912 Mortensen Rd,
Ames, IA 50014

3-4 Beds | $439 - $595

Point at Ames

Point at Ames

3306 Lincoln Way,
Ames, IA 50014

2-4 Beds | $680 - $920

Brick Towne Ames

Brick Towne Ames

200 W Crystal St,
Ames, IA 50010

1-3 Beds | $800 - $2,300

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Frequently Asked Questions

What is the average rent in Ames?

The average rent in Ames is $882 per month, which is 47.0% lower than the national average of $1,663.

What is the average rent for a house in Ames?

The average rent for a house in Ames, IA is $2,146 per month.

Are rents going up or down in Ames?

Rents in Ames, IA are decreasing, with prices down 2.5% year-over-year and $21 less per month.

What rent range is most common in Ames?

In Ames, IA, 47% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Iowa Ames Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity