Ames, IA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ames is $1,333, a 4.28% increase compared to the previous year, when the average rent was $1,278.
Studio Apartments at $897 offer the most budget-friendly option with 453 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 657 square feet for $940, balancing privacy and affordability.
Two-beedroom units at $1,189 offer 937 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,265 sq ft) for $1,730, suitable for larger households.
Average rent in Ames, IA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,333 | 965 sq. ft. |
| Studio | $897 | 453 sq. ft. |
| 1 Bed | $940 | 657 sq. ft. |
| 2 Beds | $1,189 | 937 sq. ft. |
| 3 Beds | $1,730 | 1,265 sq. ft. |
Ames, IA rent trends
Rental prices in Ames, IA have increased by 4.28% over the past year. The average rent moved from $1,278 to $1,333.
What's the typical rent budget in Ames, IA?
The largest share of rentals in Ames, IA (37%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ames, IA?
14,530 or 57% of the households in Ames, IA are renter-occupied while 10,915 or 43% are owner-occupied.
How Ames Compares to Other Cities
| City | Average Rent |
|---|---|
| Ames | $1,333 |
| Des Moines | $1,090 |
| West Des Moines | $1,237 |
| Waukee | $1,361 |
| Davenport | $1,007 |
| Ankeny | $1,366 |
| Council Bluffs | $1,251 |
| Iowa City | $1,527 |
| Clinton | $1,372 |
| Johnston, IA | $1,352 |
| Grimes, IA | $1,278 |
| Urbandale, IA | $1,030 |
| Altoona, IA | $1,281 |
| Pleasant Hill, IA | $989 |
| Clive, IA | $1,220 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ames apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.