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These days, finding an affordable place to live in the Ames area can be challenging. Home prices in Ames are now at a median cost of $161,200, lower than the Kansas average of $243,949.
The average cost of rent is $698/mo in Ames, primarily driven by the current value of real estate in the Ames area. In Ames, 26.11% of households rent, and 63.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ames is $5,535 per month. Households that rent pay about 12.61% of their income on rent here. Ames’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rice, KS: equally priced homes
- Clyde, KS: less expensive homes
- St. Joseph, KS: equally priced homes
- Huscher, KS: less expensive homes
- Vining, KS: less expensive homes
- Aurora, KS: equally priced homes
- Clifton, KS: less expensive homes
- Agenda, KS: less expensive homes
- Concordia, KS: less expensive homes
- Wayne, KS: less expensive homes
Cities with Similar Populations
- Rio Chiquito, NM: higher priced homes
- Sand Cut, FL: higher priced homes
- Model, CO: higher priced homes
- Cloverton, MN: higher priced homes
- Moriah, AL: less expensive homes
- Spofford, TX: higher priced homes
- Jenkins, NJ: higher priced homes
- Spring Valley Colony, SD: less expensive homes
- Three Lynx, OR: higher priced homes
- Stargo, AZ: higher priced homes
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