The Social West Ames®
1320 Coconino Rd,
Ames, IA 50014
1-5 Beds | $399 - $1,497
Rental Market Trends in Ames, IA
What is the average rent in Ames, IA?
$889/month
Average Rent
622 Sq Ft
Average Apartment Size
+2.5%
Increase in the Last Year
As of January 2025, the average rent in Ames, IA is $889 per month. This is 43% lower than the national average rent of $1,554/month, making renting in Ames more affordable than most cities in the US. When you rent an apartment in Ames, you can expect to pay about $759 per month for a studio, $889 for a one-bedroom apartment, and around $1,060 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,316 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Ames, IA?
In the past year, rent has increased by 2.5%, which averages out to $22 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Ames, IA
Last Updated January 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
10%
Below $700/month
46%
$700 - $1,000/month
33%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Ames?
Based on current rent prices, Old Town, Downtown Ames and East Ames are the most affordable neighborhoods in Ames.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Ames?
Based on current rent prices, Somerset, Campustown and South Ames are the most expensive neighborhoods in Ames.
Neighborhood
Average Rent
Average 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 Campustown .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ames, IA?
Because the average rent in Ames is $889, you’ll want to make about $2,963 per month or $35,556 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.
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.
Studio
-
$801/month
One Bedroom
-
$830/month
Two Bedroom
-
$1,060/month
Three Bedroom
-
$1,476/month
Apartment communities in Ames we think you'll love
Property Management Companies in Ames, IA
Jensen Group
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12
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3,085
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4
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7 Communities in Ames
Haverkamp Properties
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21
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4,120
Units
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10
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6 Communities in Ames
Seldin Company
-
57
Communities
-
7,737
Units
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20
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3 Communities in Ames
Cardinal Group Management and Advisory, LLC
-
160
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35,452
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-
85
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2 Communities in Ames
The Tailwind Group
-
19
Communities
-
4,861
Units
-
14
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2 Communities in Ames
Trinity Property Consultants
-
160
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-
42,900
Units
-
102
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1 Community in Ames
The Scion Group
-
26
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-
6,699
Units
-
20
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1 Community in Ames
TWG Development
-
19
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-
3,225
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15
Cities
1 Community in Ames
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Methodology
† 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.
* Percentages may not total 100 due to rounding.