Cheap Homes for Rent near Balsam Lake, WI from $1,100 (4 Rentals)

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Balsam Lake, WI Local Guide

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

As of September 06, 2026 the best value apartment in the Balsam Lake area is the $1.26 price per square foot Three Bedroom Model at Westview Apartments in the in the Washington Far Eastern Suburbs neighborhood starting from $1,599. The second greatest value Balsam Lake apartment is the Bellevue Model at Springwood Apartments starting at $1,579 with a $1.49 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.
Westview ApartmentsThree Bedroom3BR,2BA$1.26
Springwood ApartmentsBellevue3BR,1BA$1.49
Greystone ApartmentsTahoe3BR,1BA$1.42
Beebe Lofts2 Bedroom2BR,1BA$1.27
Autumn Hills ApartmentsBirch2BR,1BA$1.14
Island Glen #22 Bedroom2BR,1BA$1.25
Sarah Lane Court2BR/1BA2BR,1BA$1.46
956 Place ApartmentsSmall 2 Bedroom 1 Bath2BR,1BA$1.40
Island Glen Apartments2 Bedroom2BR,1BA$1.45
Oakridge ApartmentsWonderful 2BR in Peaceful Location 30 minutes f...2BR,1BA$1.52

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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

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Frequently Asked Questions about Balsam Lake

What type of rentals are currently available in Balsam Lake?

There are currently 53 Apartments for Rent in Balsam Lake, WI with pricing that ranges from $1,020 to $3,265. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Lake ranging from $1,100 to $6,995.

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 $1,100 to $6,995 with an average monthly rent of $2,273.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.