Zumper
modified
2 Days Ago

Location

207 South 5th Street, Ames, Iowa 50010, United States
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Contact

Management

First Property Management of Ames, L.C.

Leasing office

(515) 292-5020

Property Overview

207 S. 5th Street garners a strong Zumper expert rating of 8 out of 10, emphasizing its appeal for renters. The property excels in location and price, with ratings of 9 and 8, respectively, offering a competitive balance of amenities and convenience. Notable features include in-unit laundry, a pet-friendly environment supported by ample nearby services, and vibrant social opportunities with numerous restaurants and mixed-use spaces within walking distance.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 207 S. 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 207 S. 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available

Great for

  • Social life
  • Pet owners

Floor plans

2 bed/ 1 bath2 bed1 bath$1,040 /mo1 unit available

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Amenities for 207 S. 5th Street

Building

Cats OK

Grounds

Outdoor Space
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units8
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About 207 S. 5th Street

HomeApartments in Ames 207 S. 5th Street

These 2-bedroom, 1-bathroom apartments, originally built in 1977, were fully remodeled in 2019 to offer a stylish and contemporary living experience. Updates include elegant LVT flooring, crisp white shaker cabinets, and sleek stainless steel appliances. A large picture window fills the spacious living room with natural light, while the two generous bedrooms each feature a full walk-in closet. The full bathroom boasts an oversized bathtub, with the added convenience of in-unit laundry nearby. The property offers a residents-only open parking lot and has a CyRide bus stop conveniently located right outside the complex. Nestled just off Duff Avenue, this location provides easy access to an array of popular dining and shopping options. Key Features: Tenant Responsibilities: Electricity Landlord Pays: Water/sewer, internet service, garbage pick-up, lawn care, and snow removal Parking: Open lot for tenants Laundry: Washer and dryer in-unit Pet-Friendly Policy: Pet rent: $50/month, no deposit required Dogs and cats welcome (maximum size: 20 lbs, 20 inches) No charge for other caged pets ESA and service animals welcome with proper documentation Contact us today to schedule a tour!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 207 S. 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 207 S. 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 207 S. 5th Street
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
207 S. 5th Street stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 207 S. 5th Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
207 S. 5th Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 207 S. 5th Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
207 S. 5th Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

207 S. 5th Street is great for:

Social life

  • Areas nearby are accessible by walking
  • 105 restaurants within 1 mile of this property
  • 205 mixed-use spaces nearby
  • A bustling neighborhood

Pet owners

  • Outdoor spaces are available at this property
  • 6 pet grooming services nearby
  • 14 pet supply stores near the property
  • 2 pet hospitals in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 207 S. 5th Street compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 2 miles away
Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Ames

2-bedroom apartments at 207 S. 5th Street cost about 10% less than the average rent price for 2-bedroom apartments in Ames.

Median rents as of Dec 13 2025.
Ames
A table of studio rental data trends in Ames
MonthMedian Rent
December 2023$753
January 2024$764
February 2024$740
March 2024$730
April 2024$666
May 2024$670
June 2024$643
July 2024$752
August 2024$757
September 2024$807
October 2024$825
November 2024$809
December 2024$792
January 2025$794
February 2025$746
March 2025$666
April 2025$660
May 2025$689
June 2025$765
July 2025$672
August 2025$630
September 2025$687
October 2025$723
November 2025$751
December 2025$755

Affordability calculator

Can I afford to live at 207 South 5th Street?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$41,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $41,600 annually to afford this 2-bedrooms monthly rent price of $1,040.
For more information on rent affordability, visit our rent calculator.

Schools near 207 S. 5th Street

Mitchell Elementary School

3521 jewel dr

ames, IA, 50010

K-5Public
B+

Northwood Preschool

3012 duff ave

ames, IA, 50010

PK, KPublic
B+
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Internet available near 207 S. 5th Street

Getting around Ames near 207 South 5th Street

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 207 South 5th Street, Ames

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

1/10
No elementary schools within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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