228-232 Welch Ave
228-232 Welch Ave,
Ames, IA 50014
1-2 Beds | $1,100 - $1,690
Rental Market Trends in Ames, IA
What is the average rent in Ames, IA?
$878/month
Average Rent
611 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of December 2024, the average rent in Ames, IA is $878 per month. This is 44% lower than the national average rent of $1,560/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 $750 per month for a studio, $878 for a one-bedroom apartment, and around $1,057 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,304 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 1.9%, which averages out to $18 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 December 2024
Legend
2023
2024
Rent Ranges in Ames, IA
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
10%
Below $700/month
47%
$700 - $1,000/month
32%
$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, North 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 West 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, Campustown and East Ames .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ames, IA?
Because the average rent in Ames is $878, you’ll want to make about $2,926 per month or $35,112 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
-
$800/month
One Bedroom
-
$830/month
Two Bedroom
-
$1,060/month
Three Bedroom
-
$1,475/month
Nearby City Rent Trends
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Trinity Property Consultants
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The Scion Group
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TWG Development
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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.