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Housing in Ames

A typical Ames home is worth roughly $309,000

Typical home value
$309K
OH $249K
Estimate
2-bedroom rent
$1,150
a month, utilities in · HUD
Median tax bill
$2,409
OH $2,822

What kind of housing town is Ames?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.7 years of income

About the same as across Ohio. Try your own numbers below.

You could afford about
$333,000
Typical Ames home $309K

That covers a typical Ames home, with $24K to spare.

The typical home, each month
$1,820
Loan $1,530Tax $200Insurance $90

A two-bedroom rents for about $1,150 a month here, $670 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ames’s typical property tax (0.78% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

91% of Ames households own their home

Half of Ames’s homes were built before 1990.

Owners and renters
Own 91%Rent 9%

Ohio: 67% own.

1990
typical home built · OH 1970
$2,409
median property tax bill · OH $2,822
0.78%
of a home’s value, a year in tax · OH 1.31%
17%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,150

Renters already here pay a median of $1,056.

Fair Market Rent a month, utilities included

Studio$950
1 bedroom$970
2 bedrooms$1,150
3 bedrooms$1,410
4 bedrooms$1,600
9%
of households rent · OH 33%
28
renter households
75%
of renters spend 30%+ of income on rent · OH 46%
17%
of the median income, for a two-bedroom
$1,056
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Athens County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Ames vs. its neighbors

Ames is the priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Ames$309K*—$1,150$83,500
Dover$153K*—$1,010$55,170
Canaan$277K*+6.3%†$1,260$57,955
Homer$189K*—$1,000$75,712

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Ames buyers, sellers and renters are saying.

Town Square →
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Is Ames still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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