Ames, IA Real Estate

According to census data in the year 2000 there were 18,709 housing units in Ames. This represents a 16.5% growth from 16,058 in 1990.

Of those housing units, 18,414 were located in either urbanized areas or urban clusters, and 295 were located in what is classified as a rural area.

Homeownership rate in Ames is about 46.1%. Ames's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Ames were built after 1973.


Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom16.90%
Two Bedrooms32.40%
Three Bedrooms30.90%
Four Bedrooms12.70%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1968
Median Value of occupied units$130,900
Median Price asked for vacant units$116,700

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1975
Median Monthly Rent asked for vacant units$492

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage4.90%
Home Equity Loan10.50%
Simple Mortgage54.80%
Debt Free28.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%