3018 Woodland St
AmesIA50014
Cheap Homes for Rent in Somerset Neighborhood of Ames, IA from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Somerset area of Ames.
close
View Me
$7752 Bedroom Apartments Available Jun 1
129 Kingsbury Ave
129 Kingsbury AveAmes, IA 50010
4011 Quebec St
AmesIA50014
1120 Stafford Ave
AmesIA50010
4406 Castlewood Pl
AmesIA50014
4008 Ontario St
AmesIA50014
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.
813 Delaware Ave
AmesIA50014
925 Garfield Ave
AmesIA50014
2109 Barr Dr
AmesIA50010
924 Duff Ave
AmesIA50010
307 S Maple Ave
AmesIA50010
1610 24th St
AmesIA50010
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
205 Wellons Dr, Unit 205
205 Wellons Dr
AmesIA50014
912 Grand Ave
AmesIA50010
4307 Toronto St
AmesIA50014
435 Hawthorne Ave
AmesIA50014
207 Wellons Dr, Unit 207
207 Wellons Dr
AmesIA50014
520 Carr Dr
AmesIA50010
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
$1,1002 Bedroom Apartments Available Aug 1
201 Wellons Dr
201 Wellons DrAmes, IA 50014
Showing Results 1-19, Page 1 of 1
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 | $997 | $845 | $1,195 |
| Somerset 3 Bedroom Homes for Rent | $1,551 | $935 | $2,200 |
| Somerset 4 Bedroom Homes for Rent | $2,200 | $2,000 | $2,300 |
| Somerset 5 Bedroom Homes for Rent | $2,525 | $1,800 | $2,850 |
| Somerset 6 Bedroom Homes for Rent | $720 | $720 | $720 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Somerset Neighborhood of Ames, IA.
Explore Ames
Somerset, Ames, IA Local Guide
- Nearby Ames neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Somerset Apartments for Rent
The cheapest available apartment rental in the Somerset area of Ames, IA is a Studio unit found at 304 Welch Ave priced from $635. Melrose Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Somerset apartments for rent in Ames, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 304 Welch Ave | Studio | Studio,1BA | $635 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $705 |
| Western Hills Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $745 |
| Wyndsor Terrace | Studio | Studio,1BA | $765 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $765 |
Best Value Apartments for Rent in Somerset, IA
As of March 24, 2026 the best value apartment in the Somerset area is the $1.02 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,300. The second greatest value Somerset apartment is the 1412 North Dakota Ave Model at 1412 North Dakota Ave, Unit 1412 starting at $1,650 with a $1.00 price per square foot in the Eagle Ridge 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 | $1.02 |
| 1412 North Dakota Ave, Unit 1412 | 1412 North Dakota Ave | 4BR,2BA | $1.00 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.77 |
| Somerset Apartments | 2 Bed/1 Bath Apartment | 2BR,1BA | $1.18 |
| Western Hills Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.05 |
| Hyland Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.23 |
| Point at Ames | Frisco B | 2BR,2BA | $1.06 |
| Campus Flats | 2 Bedroom | 2BR,2BA | $0.88 |
| Northern Lights Apartments | 3327 Polaris ( 2 bedroom ) | 2BR,1.5BA | $1.22 |
| Campustown | Student Apartments | 1x1 | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Let everyone know!
Do you know the Somerset area?
If you’re an expert on all things Somerset, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSomerset, Ames, IA
Ranked #11
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 160 Apartments for Rent in Somerset, IA with pricing that ranges from $650 to $2,800. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Somerset ranging from $720 to $2,850.
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 $720 to $2,850 with an average monthly rent of $1,495.
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 $750 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $935 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $680.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.