Cheap Apartments for Rent in Balsam Lake, WI from $600 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Balsam Lake.

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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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.

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Aspen Grove
2 to 3 Bedroom Apartments

Aspen Grove

650 Candy LnBarron, WI 54812
  • Utilities Included
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Taylors Falls Villas
1 to 3 Bedroom Apartments

Taylors Falls Villas

621-667 Linden CtTaylors Falls, MN 55084
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956 Place Apartments
1 to 2 Bedroom Apartments

956 Place Apartments

956 12th St SWForest Lake, MN 55025
  • Utilities Included

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.

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Headwaters Landing
1 to 3 Bedroom Apartments

Headwaters Landing

20041 Fitzgerald Trl NForest Lake, MN 55025
  • Utilities Included
Showing Results 1-23, Page 1 of 1

Balsam Lake, WI Local Guide

Cheapest Available Balsam Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Balsam Lake, WI is a Studio unit found at Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,030. 844 4th St SW in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Balsam Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbor View ApartmentsEfficiency 1-01Studio,1BA$1,030
844 4th St SW1 bedroom1BR,1BA$1,100
Autumn Hills ApartmentsBirch2BR,1BA$1,140
Stonebridge Apartments2BR/1.0BA2BR,1BA$1,179
Forest Lake NorthShore Apartments LLC (1167)1BR/1.0BA1BR,1BA$1,195

Best Value Apartments for Rent in Balsam Lake, WI and Nearby

As of March 07, 2026 the best value apartment in the Balsam Lake area is the $1.50 price per square foot Two Bedrooms Two Bathrooms Model at JACK PINE PLACE APARTMENTS in the in the Victor Gardens neighborhood starting from $1,785. The second greatest value Balsam Lake apartment is the Bellevue Model at Springwood Apartments starting at $1,588 with a $1.50 price per square foot in the Washington Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Balsam Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
JACK PINE PLACE APARTMENTSTwo Bedrooms Two Bathrooms2BR,2BA$1.50
Springwood ApartmentsBellevue3BR,1BA$1.50
FOSTER PLACE2 Bedroom 2 Bathroom - Lower2BR,2BA$1.58
Greystone ApartmentsTahoe3BR,1BA$1.41
Autumn Hills ApartmentsBirch2BR,1BA$1.14
Island Glen #22 Bedroom2BR,1BA$1.25
Westview ApartmentsTwo Bedroom One Bath H2BR,1BA$1.45
Falcon Apartments2 Bedroom/1 Bath Apartment A2BR,1BA$1.54
Cascade Falls2 BR WITH WASHER/DRYER WITH GARAGE2BR,1BA$1.43
Stonebridge Apartments2BR/1.0BA2BR,1BA$1.47

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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The 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.

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Cash 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Balsam Lake, WI Rentals by Map

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Frequently Asked Questions about Cheap Balsam Lake Apartments

What is the Cheapest Studio apartment in Balsam Lake?

Currently the most affordable Cheap Studio Apartment in Balsam Lake is at Arbor View Apartments listed at $1,030.

How much is rent for a Cheap One Bedroom Balsam Lake Apartment?

The lowest price for a Cheap One Bedroom Balsam Lake Apartment is $1,100 at 844 4th St SW.

What is the lowest price for a Cheap Two Bedroom Balsam Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Balsam Lake is starting from $1,140 at Autumn Hills Apartments.

What is the most affordable Balsam Lake Three Bedroom Apartment?

The best deal on a cheap Balsam Lake Three Bedroom Apartment rental is at Greystone Apartments and starts from $1,439.

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

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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.

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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.

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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.

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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.