239 Harriman Ave S
AmeryWI54001
Cheap Homes for Rent in Balsam Lake, WI from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Balsam Lake.
855 Highview Dr
New RichmondWI54017
594 W 8th St
New RichmondWI54017
1232 Spruce Ct
New RichmondWI54017
607 W Broadway Ave
Forest LakeMN55025
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.
161 1st Ave N
BayportMN55003
1657 Gunston Dr
New RichmondWI54017
1582 Gunston Dr
New RichmondWI54017
1611 Gunston Dr
New RichmondWI54017
1627 Gunston Dr
New RichmondWI54017
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.
337 Williamsburg Pl
New RichmondWI54017
Showing Results 1-11, Page 1 of 1
Balsam Lake, WI Local Guide
Balsam Lake by wagon16 is licensed under CCO 1.0
How much does it cost to rent a home in Balsam Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balsam Lake 2 Bedroom Homes for Rent | $1,711 | $1,000 | $2,400 |
| Balsam Lake 3 Bedroom Homes for Rent | $2,660 | $1,950 | $4,300 |
| Balsam Lake 4 Bedroom Homes for Rent | $6,200 | $4,500 | $7,900 |
| Balsam Lake 5 Bedroom Homes for Rent | $4,466 | $3,500 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Balsam Lake
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Balsam Lake, WI Local Guide
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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 $1,025. 956 Place Apartments in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,129. Here is today’s list of the most affordable Balsam Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor View Apartments | Efficiency 4-01 | Studio,1BA | $1,025 |
| 956 Place Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,129 |
| Autumn Hills Apartments | Birch | 2BR,1BA | $1,140 |
| Beebe Lofts | 1 Bedroom | 1BR,1BA | $1,150 |
| Island Glen Apartments | 2 Bedroom | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Balsam Lake, WI and Nearby
As of June 05, 2026 the best value apartment in the Balsam Lake area is the $1.56 price per square foot Tahoe Model at Greystone Apartments in the in the Washington Far Eastern Suburbs neighborhood starting from $1,596. The second greatest value Balsam Lake apartment is the Birch Model at Autumn Hills Apartments starting at $1,140 with a $1.14 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Greystone Apartments | Tahoe | 3BR,1BA | $1.56 |
| Autumn Hills Apartments | Birch | 2BR,1BA | $1.14 |
| Island Glen #2 | 2 Bedroom | 2BR,1BA | $1.25 |
| Westview Apartments | Two Bedroom One Bath H | 2BR,1BA | $1.45 |
| Sarah Lane Court | 2BR/1BA | 2BR,1BA | $1.46 |
| Falcon Apartments | 2 Bedroom/1 Bath Apartment A | 2BR,1BA | $1.54 |
| Island Glen Apartments | 2 Bedroom | 2BR,1BA | $1.34 |
| Oakridge Apartments | Wonderful 2BR in Peaceful Location 30 minutes f... | 2BR,1BA | $1.52 |
| Beebe Lofts | 1 Bedroom | 1BR,1BA | $1.46 |
| 956 Place Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.61 |
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 Article
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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See the most popular apartments and homes in Balsam Lake, WI
Frequently Asked Questions about Balsam Lake
What type of rentals are currently available in Balsam Lake?
There are currently 52 Apartments for Rent in Balsam Lake, WI with pricing that ranges from $1,020 to $3,415. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Lake ranging from $1,000 to $7,900.
What is the current price range for Rental Homes in Balsam Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balsam Lake ranges from $1,000 to $7,900 with an average monthly rent of $3,759.
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
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.