210 W 5th Ave
Shell LakeWI54871
Cheap Homes for Rent in Balsam Lake, WI from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Balsam Lake.
1521 Summit St
BaldwinWI54002
1008 7th St SE
Forest LakeMN55025
161 1st Ave N
BayportMN55003
702 Raymond St
SomersetWI54025
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.
902 N Hamilton St
Saint Croix FallsWI54024
402 Meadow Ln
SomersetWI54025
14643 62nd St N
StillwaterMN55082
456 Meadow Ln
SomersetWI54025
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.
376 Pierson Ave S
New RichmondWI54017
561 Lulu Ln
RobertsWI54023
35505 Wild Mountain Rd
Taylors FallsMN55084
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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 | $1,962 | $1,600 | $2,700 |
| Balsam Lake 3 Bedroom Homes for Rent | $2,534 | $1,525 | $5,500 |
| Balsam Lake 4 Bedroom Homes for Rent | $3,954 | $1,795 | $8,900 |
| Balsam Lake 5 Bedroom Homes for Rent | $6,433 | $4,900 | $7,900 |
| Balsam Lake 6 Bedroom Homes for Rent | $7,900 | $7,900 | $7,900 |
Browse Top Homes for Rent in Balsam Lake
Explore Balsam Lake
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 2 Beds unit found at Aspen Grove priced from $850. Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here is today’s list of the most affordable Balsam Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aspen Grove | 2 Bedroom 1 Bath | 2BR,1BA | $850 |
| Arbor View Apartments | Efficiency 6-01 | Studio,1BA | $990 |
| Island Glen #2 | 1 Bedroom | 1BR,1BA | $1,075 |
| Sarah Lane Court | 2BR/1BA | 2BR,1BA | $1,079 |
| Cascade Falls | TWO BR WASHER/DRYER UNIT W/GARAGE | 2BR,1BA | $1,099 |
Best Value Apartments for Rent in Balsam Lake, WI and Nearby
As of June 05, 2025 the best value apartment in the Balsam Lake area is the $1.19 price per square foot 3 Bedroom Model at Kestrel Meadows Townhomes in the in the Chisago Outlying Northern Suburbs neighborhood starting from $1,499. The second greatest value Balsam Lake apartment is the Laguna Model at Mill Pond Apartments starting at $1,806 with a $1.58 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. |
|---|---|---|---|
| Kestrel Meadows Townhomes | 3 Bedroom | 3BR,1.5BA | $1.19 |
| Mill Pond Apartments | Laguna | 3BR,1BA | $1.58 |
| Springwood Apartments | Geneva | 3BR,1BA | $1.50 |
| Autumn Hills Apartments | Birch | 2BR,1BA | $1.11 |
| North Shore Apartments | 2 Bedroom | 2BR,1BA | $1.61 |
| Stonebridge Apartments | 2BR/1.0BA | 2BR,1BA | $1.55 |
| Cascade Falls | 2 BR WITH WASHER/DRYER WITH GARAGE | 2BR,1BA | $1.31 |
| Sarah Lane Court | 2BR/1BA | 2BR,1BA | $1.30 |
| Aspen Grove | 2 Bedroom 1 Bath | 2BR,1BA | $1.21 |
| Oakridge Apartments | 2 Bedroom-A | 2BR,1BA | $1.50 |
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Frequently Asked Questions about Balsam Lake
What type of rentals are currently available in Balsam Lake?
There are currently 42 Apartments for Rent in Balsam Lake, WI with pricing that ranges from $635 to $3,745. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Lake ranging from $800 to $8,900.
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 $800 to $8,900 with an average monthly rent of $3,930.
How much are larger Three and Four Bedroom Rentals in Balsam Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Balsam Lake range from $969 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,645.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.