Is Ames, IA a good place to invest in rental property?

Ames, IA has a median modeled monthly cash flow of $-1,028 and a median cap rate of 2.7%, on a median sold price of $330,000. Prices changed +0.5% year over year.

What is the average cap rate in Ames, IA?

The median cap rate across recently sold homes in Ames, IA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ames, IA?

The median sold price in Ames, IA is $330,000 (about $203 per square foot).

Investing in Ames, IA Real Estate

A data-driven snapshot of the Ames, IA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$330,000Median sold price

$203Median $/sqft

2.7%Median cap rate

$-1,028Modeled cash flow / mo

+0.5%Appreciation YoY

10.7Months of supply

529Active listings

592Sold (last 12 mo)

What the Ames numbers say

In Ames, IA, the median home sold for $330,000 (about $203 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,028 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 10.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Ames cash-flowing listings

CashFlowRE ranks every for-sale home in Ames, IA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Ames deals, or browse the national market data.