Cost of Living in Ames

Ames's cost of living centers on housing costs close to Iowa's own statewide average, with a real, disclosed rent spread across sources.

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Housing near the Iowa statewide average

Ames's typical home value ran approximately $248,721 (up 7.2% YoY), running close to, and modestly above, Iowa's own statewide typical home value (~$241,255).

A real, disclosed rent spread

Rent ran approximately $1,025-$1,032/month per Zillow Rental Manager and Zumper, versus a notably higher $1,411/month cited by RentCafe -- a real, disclosed spread this record does not resolve to one figure.

A property tax rate below Iowa's own median

Ames's effective property tax rate ran approximately 1.42% -- modestly below Iowa's own statewide median (~1.55%).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.