4008 Ontario St
AmesIA50014
Cheap Homes for Rent in Somerset Neighborhood of Ames, IA from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Somerset area of Ames.
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$9502 Bedroom Apartments Available Aug 1
930 6th St
930 6th StAmes, IA 50010
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
2109 Barr Dr
AmesIA50010
912 Grand Ave
AmesIA50010
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Somerset, Ames, IA Local Guide
How much does it cost to rent a home in Somerset?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Somerset 2 Bedroom Homes for Rent | $1,070 | $850 | $1,300 |
| Somerset 3 Bedroom Homes for Rent | $1,930 | $1,250 | $2,400 |
| Somerset 4 Bedroom Homes for Rent | $1,800 | $1,600 | $2,000 |
| Somerset 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Somerset 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Somerset Neighborhood of Ames, IA.
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Somerset, Ames, IA Local Guide
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Best Value Apartments for Rent in Somerset, IA
As of June 23, 2026 the best value apartment in the Somerset area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value Somerset apartment is the 200 Stanton Ave - 3 Bed - 1 Bath - A - UF Model at Campustown starting at $584 with a $0.45 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Somerset apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.03 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| Total Property Management 125 Campus Ave. | 125 Campus | 4BR,2BA | $1.30 |
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.62 |
| Alpine Manor Apartments | 3 Bedroom, 2 Bath Remodel | 3BR,2BA | $1.22 |
| Total Property Management 134 Campus | 134 Campu Ave ( 3 bdrm ) | 3BR,1.5BA | $1.44 |
| Hyland Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.23 |
| Aspen Village | 2724 Stange (2 bdrm) | 2BR,2BA | $1.22 |
| Wyndsor Terrace | 2 bed 1 bath | 2BR,1BA | $1.10 |
| The Lofts | Two Bedroom | 2BR,1BA | $0.78 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleSomerset, Ames, IA
Ranked #12
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Somerset
What type of rentals are currently available in Somerset?
There are currently 159 Apartments for Rent in Somerset, IA with pricing that ranges from $489 to $2,300. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Somerset ranging from $850 to $2,700.
What is the current price range for Rental Homes in Somerset?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Somerset ranges from $850 to $2,700 with an average monthly rent of $1,825.
How much are larger Three and Four Bedroom Rentals in Somerset?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Somerset range from $489 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $524.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.