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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 $236,310, lower than the Nebraska average of $252,353.
The average cost of rent is $847/mo in Ames, primarily driven by the current value of real estate in the Ames area. In Ames, 18.53% of households rent, and 62.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ames is $6,666 per month. Households that rent pay about 12.70% of their income on rent here. Ames’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar Bluffs, NE: equally priced homes
- Fremont, NE: equally priced homes
- Inglewood, NE: higher priced homes
- North Bend, NE: equally priced homes
- Nickerson, NE: less expensive homes
- Hooper, NE: less expensive homes
- Morse Bluff, NE: equally priced homes
- Mercer, NE: higher priced homes
- Winslow, NE: less expensive homes
- Scribner, NE: less expensive homes
Cities with Similar Populations
- St. Francis, ME: less expensive homes
- Bronaugh, MO: less expensive homes
- Rixies, NV: higher priced homes
- South Colton, NY: less expensive homes
- Kelvin, ND: less expensive homes
- Whiting, MO: less expensive homes
- Counselor, NM: less expensive homes
- Jalapa, SC: less expensive homes
- Pueblo Pintado, NM: less expensive homes
- Northtown, KY: less expensive homes
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