9 Hours Ago
Location
515 S 4th St, Ames, IA 50010, USA|South Ames Business
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Property Overview
The property at 515 S 4th St (Pear Tree) demonstrates a solid Zumper Expert Rating, indicating a favorable assessment in the rental market. It is complemented by several pros, such as its convenient location and appealing amenities. Notably, the property features unique characteristics that enhance its desirability, making it an attractive option for various potential occupants.
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.
Things you’ll love
More space- Middle school nearby
- Less expensive
Great for
Social life
Floor plans
| Centrally-Located Studio Apartment | Studio | 1 bath | 400 sqft | $675 /mo | 1 unit available | ||
| 1BD/1BA Centrally-Located Apartment | 1 bed | 1 bath | 600 sqft | $775 /mo | 1 unit available | ||
| 2BD/1BA Centrally-Located Apartment | 2 bed | 1 bath | 800 sqft | $895 /mo | 1 unit available |
Let's explore this property.
Policies and fees
Building details
Property details
| Units | 24 |
|---|
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About 515 S 4th St (Pear Tree)
515 S 4th St (Pear Tree) cost $675–$895 per month. Located at 515 S 4th St, Ames, IA 50010, USA, 515 S 4th St (Pear Tree) has studio — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Ames, renting an apartment at 515 S 4th St (Pear Tree) is 19% cheaper per month.Other apartment buildings in or around Ames include but are not limited to: 710 S 11th St, 620 S 4th St, 3319 Story St, 4733 Toronto St
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 515 S 4th St (Pear Tree) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 515 S 4th St (Pear Tree) has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
515 S 4th St (Pear Tree) offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 515 S 4th St (Pear Tree) 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.
515 S 4th St (Pear Tree) 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 515 S 4th St (Pear Tree) does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
515 S 4th St (Pear Tree) is great for:
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 515 S 4th St (Pear Tree) compares to other nearby properties.
Positives
- More space
- Studio is 157 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 3 miles away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- 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
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in South Ames Business
1-bedroom apartments here are priced 13% higher than 1-bedrooms in South Ames Business.
If you decide to upgrade your space, you can expect 2-bedrooms at 515 S 4th St (Pear Tree) to be 40% less than the average for similarly sized apartments in South Ames Business.
Median rents as of Nov 1 2025.
South Ames Business
Ames
| Month | Median Rent |
|---|---|
| November 2023 | $807 |
| December 2023 | $798 |
| January 2024 | $799 |
| February 2024 | $825 |
| March 2024 | $806 |
| April 2024 | $785 |
| May 2024 | $771 |
| June 2024 | $772 |
| July 2024 | $789 |
| August 2024 | $799 |
| September 2024 | $837 |
| October 2024 | $805 |
| November 2024 | $869 |
| December 2024 | $823 |
| January 2025 | $830 |
| February 2025 | $846 |
| March 2025 | $852 |
| April 2025 | $812 |
| May 2025 | $791 |
| June 2025 | $857 |
| July 2025 | $828 |
| August 2025 | $823 |
| September 2025 | $937 |
| October 2025 | $829 |
| November 2025 | $870 |
| Month | Median Rent |
|---|---|
| March 2024 | $694 |
| April 2024 | $674 |
Affordability calculator
Can I afford to live at 515 S 4th St?
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
$27,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,000 annually to afford this studio monthly rent price of $675.
For more information on rent affordability, visit our rent calculator.
Schools near 515 S 4th St (Pear Tree)
Northwood Preschool
3012 duff ave
ames, IA, 50010
PK, KPublic
B+
Mitchell Elementary School
3521 jewel dr
ames, IA, 50010
K-5Public
B+
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Internet available near 515 S 4th St (Pear Tree)
Neighborhood
South Ames Business | Ames, IA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Ames near 515 S 4th St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
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 515 S 4th St, Ames
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 515 S 4th St
Hy-Vee
640 Lincoln Way
ALDI
108 S 5th St
Wheatsfield Cooperative
413 Northwestern Ave
Fareway
619 Burnett Ave
Walmart Supercenter
534 S Duff Ave
Mayfair One Hour Cleaners
508 Lincoln Way
Teal & Tenacious
314 Main St
Brown's Shoe Fit Ames
306 Main St
Boutique Plan LLC
232 Main St
Moorman Clothiers
226 Main St
Starbucks
640 Lincoln Way
Tropical Smoothie Cafe
517 Lincoln Way
Starbucks
507 Lincoln Way
Humble Donuts Co
637 Lincoln Way
Vinyl Cafe
303 Kellogg Ave
Buffalo Wild Wings
400 S Duff Ave
London Underground
212 Main St
Whiskey River
134 Main St
Tip Top Lounge
201 E Lincoln Way
Applebee's Grill + Bar
105 Chestnut St
Cook's Emporium
313 Main St
Dutch Oven Bakery
219 Duff Ave
Great Harvest Bread
502 Burnett Ave
Walmart Bakery
534 S Duff Ave
Cake First Then Cardio
1311 Kellogg Ave
Pizza Hut
620 Lincoln Way
Wing Street
620 Lincoln Way
Rico's Tacos LLC
226 S 3rd St
Taco John's
500 Lincoln Way
Jersey Mike's Subs
537 Lincoln Way
South 3rd Street at Pear Tree Apartments
Blue
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3 Blue
South 3rd Street at East HyVee
Blue
South 3rd Street / East Hyvee
3 Blue
Walnut Avenue / South 3rd Street Northbound
3 Blue
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