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Ames, IA Home Values and Rents
The typical home value in Ames is $301,900, 36th highest of 281 cities and towns in Iowa. Median rent is $1,240 a month.
- Typical home value
- $301,900
- 36th of 281 in IA
- Median rent
- $1,240/mo
- Zillow observed rent
- Price change, 1 year
- +2.6%
- Sep 2026
- Homeownership
- 42.1%
- IA: 71.7%
Typical home value in Ames
Zillow Home Value Index, all homes, middle tier
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| Period | Ames |
|---|---|
| Sep 2026 | $301,900 |
| Dec 2025 | $295,104 |
| Dec 2024 | $286,557 |
| Dec 2023 | $283,586 |
| Dec 2022 | $286,291 |
| Dec 2021 | $264,579 |
| Dec 2020 | $241,826 |
| Dec 2019 | $230,945 |
| Dec 2018 | $227,943 |
| Dec 2017 | $221,374 |
| Dec 2016 | $209,358 |
| Dec 2015 | $201,807 |
| Dec 2014 | $189,213 |
| Dec 2013 | $180,376 |
| Dec 2012 | $166,884 |
Over five years, Ames prices changed +16.5%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
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Fair Market Rents, FY2027
HUD rent standard for Ames, IA HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $891 | -8.3% |
| 1 bedroom | $944 | -8.0% |
| 2 bedrooms | $1,061 | -8.0% |
| 3 bedrooms | $1,469 | -8.2% |
| 4 bedrooms | $1,768 | -8.6% |
Frequently asked questions
- What is the typical home value in Ames, IA?
- The typical home value in Ames is $301,900 (Zillow Home Value Index, Sep 2026). The Iowa median is $208,000.
- How much is rent in Ames?
- The median rent in Ames is $1,240 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,061.
- Are home prices going up in Ames?
- The typical home value in Ames changed +2.6% over one year and +16.5% over five years, as of Sep 2026.
- How does Ames compare with the rest of Iowa?
- Ames has the 36th highest median home value of 281 cities and towns with 1,000+ residents in Iowa.
- Which ZIP code in Ames has the highest home values?
- ZIP code 50014 has the highest median home value at $336,800, and 50010 has the lowest at $253,500.