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Rent in Ames, IA

Across Ames's 5 ZIP codes, a 2-bedroom typically rents for about $1,061 a month, with figures from $970–$1,096. The highest typical rent is in 50014 ($1,096) and the lowest in 50010 ($970). 2 ZIPs have ZIP-level figures from HUD or Census; the other 3 use the county Fair Market Rent. Owner-occupied homes in Story County pay about 1.40% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Ames, IA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$891$835–$8915
1 bed$944$865–$9515
2 beds$1,061$970–$1,0965
3 beds$1,469$1,265–$1,4695
4 beds$1,768$1,379–$1,7685

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Ames ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Ames, IA?
About $1,061 a month: the median of the typical rents in 5 ZIP codes, which range from $970–$1,096. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Ames, IA?
About $944 a month: the median of the typical rents in 5 ZIP codes, which range from $865–$951. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Ames, IA?
About $1,469 a month: the median of the typical rents in 5 ZIP codes, which range from $1,265–$1,469. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Ames, IA?
About $891 a month: the median of the typical rents in 5 ZIP codes, which range from $835–$891. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Ames, IA?
About $1,768 a month: the median of the typical rents in 5 ZIP codes, which range from $1,379–$1,768. Figures are gross rent (rent plus tenant-paid utilities).
Which Ames ZIP code has the highest rent?
For a 2-bedroom, 50014 has the highest typical rent at $1,096 a month, and 50010 the lowest at $970.
What is the property tax rate in Ames, IA?
Owner-occupied homes in Story County pay a typical 1.40% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Ames rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).