Ames, IA Metro Area - Investment Guide
Metro Area • 16 Cities • 17 ZIP Codes
Avg Home Value
$275,761
Avg Monthly Rent
$1,018
Avg Cap Rate
3.04%
Avg Investability
3.0 ★
Cities
16
ZIP Codes
17
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
☀️
WARM MARKET
Ames, IA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Ames, IA
Every ZIP in the metro, ranked four ways. Free.
Cities in Ames, IA
Ames
Iowa
5 ZIPs
Boone
Iowa
1 ZIPs
Cambridge
Iowa
1 ZIPs
Collins
Iowa
1 ZIPs
Colo
Iowa
1 ZIPs
Gilbert
Iowa
1 ZIPs
Grand Junction
Iowa
1 ZIPs
Huxley
Iowa
1 ZIPs
Kelley
Iowa
1 ZIPs
Madrid
Iowa
1 ZIPs
McCallsburg
Iowa
1 ZIPs
Nevada
Iowa
1 ZIPs
Paton
Iowa
1 ZIPs
Roland
Iowa
1 ZIPs
Story City
Iowa
1 ZIPs
Zearing
Iowa
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 50056 | Colo | IA | $261,260 | $1,017 | 3.04% | |
| 50154 | McCallsburg | IA | $235,004 | $864 | 2.87% | |
| 50014 | Ames | IA | $262,394 | $1,166 | 3.47% | |
| 50236 | Roland | IA | $263,834 | $972 | 2.87% | |
| 50036 | Boone | IA | $203,831 | $927 | 3.55% | |
| 50248 | Story City | IA | $291,446 | $936 | 2.51% | |
| 50105 | Gilbert | IA | $339,240 | $945 | 2.17% | |
| 50156 | Madrid | IA | $276,551 | $918 | 2.59% | |
| 50201 | Nevada | IA | $236,568 | $1,044 | 3.44% | |
| 50046 | Cambridge | IA | $318,635 | $1,098 | 2.69% | |
| 50278 | Zearing | IA | $267,744 | $1,017 | 2.96% | |
| 50107 | Grand Junction | IA | $124,113 | $954 | 6.00% | |
| 50124 | Huxley | IA | $347,839 | $1,050 | 2.35% | |
| 50217 | Paton | IA | $194,209 | $837 | 3.36% | |
| 50055 | Collins | IA | $259,501 | $909 | 2.73% | |
| 50134 | Kelley | IA | $352,321 | $963 | 2.13% | |
| 50010 | Ames | IA | $293,990 | $1,069 | 2.84% | |
| 50236 | Roland | IA | $248,983 | $972 | 3.05% | |
| 50056 | Colo | IA | $243,266 | $1,017 | 3.26% | |
| 50105 | Gilbert | IA | $322,020 | $945 | 2.29% | |
| 50154 | McCallsburg | IA | $246,262 | $864 | 2.74% | |
| 50014 | Ames | IA | $313,054 | $1,045 | 2.60% | |
| 50248 | Story City | IA | $270,974 | $936 | 2.69% | |
| 50036 | Boone | IA | $210,615 | $1,053 | 3.90% | |
| 50278 | Zearing | IA | $250,550 | $1,017 | 3.17% | |
| 50107 | Grand Junction | IA | $117,105 | $954 | 6.35% | |
| 50156 | Madrid | IA | $290,309 | $918 | 2.47% | |
| 50201 | Nevada | IA | $249,573 | $1,044 | 3.26% | |
| 50046 | Cambridge | IA | $324,387 | $1,098 | 2.64% | |
| 50124 | Huxley | IA | $334,392 | $1,173 | 2.74% | |
| 50134 | Kelley | IA | $335,576 | $963 | 2.24% | |
| 50217 | Paton | IA | $205,914 | $837 | 3.17% | |
| 50055 | Collins | IA | $269,429 | $909 | 2.63% | |
| 50056 | Colo | IA | $254,817 | $1,017 | 3.11% | |
| 50154 | McCallsburg | IA | $235,004 | $864 | 2.87% | |
| 50010 | Ames | IA | $299,328 | $1,212 | 3.16% | |
| 50236 | Roland | IA | $260,300 | $972 | 2.91% | |
| 50014 | Ames | IA | $317,302 | $1,109 | 2.73% | |
| 50248 | Story City | IA | $288,073 | $936 | 2.53% | |
| 50105 | Gilbert | IA | $332,204 | $945 | 2.22% | |
| 50156 | Madrid | IA | $276,551 | $918 | 2.59% | |
| 50201 | Nevada | IA | $236,568 | $1,044 | 3.44% | |
| 50036 | Boone | IA | $214,633 | $770 | 2.80% | |
| 50278 | Zearing | IA | $263,394 | $1,017 | 3.01% | |
| 50107 | Grand Junction | IA | $119,327 | $954 | 6.24% | |
| 50217 | Paton | IA | $194,209 | $837 | 3.36% | |
| 50046 | Cambridge | IA | $332,983 | $1,098 | 2.57% | |
| 50124 | Huxley | IA | $346,145 | $1,050 | 2.37% | |
| 50134 | Kelley | IA | $343,163 | $963 | 2.19% | |
| 50010 | Ames | IA | $273,601 | $1,077 | 3.07% |
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About Ames, IA Real Estate Market
The Ames, IA metropolitan statistical area (MSA) encompasses 16 cities and 17 ZIP codes. The average home value across the metro is $275,761, with an average monthly rent of $1,018. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.