201 W Wisconsin Ave
GrantsburgWI54840
Cheap Homes for Rent near Balsam Lake, WI from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Balsam Lake.
128 S Washington St
Saint Croix FallsWI54024
660 Circle Pine Dr
New RichmondWI54017
161 1st Ave N
BayportMN55003
1657 Gunston Dr
New RichmondWI54017
1582 Gunston Dr
New RichmondWI54017
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.
337 Williamsburg Pl
New RichmondWI54017
1611 Gunston Dr
New RichmondWI54017
360 N Knowles Ave
New RichmondWI54017
1627 Gunston Dr
New RichmondWI54017
647 W 9th St
New RichmondWI54017
1551 Gunston Dr
New RichmondWI54017
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.
1539 Gunston Dr
New RichmondWI54017
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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 | $1,846 | $1,600 | $2,400 |
| Balsam Lake 3 Bedroom Homes for Rent | $2,307 | $1,500 | $4,250 |
| Balsam Lake 4 Bedroom Homes for Rent | $5,750 | $3,600 | $7,900 |
| Balsam Lake 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
| Balsam Lake 6 Bedroom Homes for Rent | $5,997 | $5,000 | $6,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 1 Bed unit found at Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,099. 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 | One Bedroom 1-01 | 1BR,1BA | $1,099 |
| 956 Place Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,129 |
| Autumn Hills Apartments | Birch | 2BR,1BA | $1,140 |
| Island Glen Apartments | 2 Bedroom | 2BR,1BA | $1,200 |
| Oakridge Apartments | Wonderful 2BR in Peaceful Location 30 minutes f... | 2BR,1BA | $1,237 |
Best Value Apartments for Rent in Balsam Lake, WI and Nearby
As of July 22, 2026 the best value apartment in the Balsam Lake area is the $1.56 price per square foot Laguna Model at Legacy Pointe Apartments in the in the Washington Far Eastern Suburbs neighborhood starting from $1,778. The second greatest value Balsam Lake apartment is the 2 Bedroom Model at Beebe Lofts starting at $1,300 with a $1.30 price per square foot in the St Croix 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. |
|---|---|---|---|
| Legacy Pointe Apartments | Laguna | 3BR,1BA | $1.56 |
| Beebe Lofts | 2 Bedroom | 2BR,1BA | $1.30 |
| Autumn Hills Apartments | Birch | 2BR,1BA | $1.14 |
| Island Glen #2 | 2 Bedroom | 2BR,1BA | $1.25 |
| Oakridge Apartments | Wonderful 3BR Available at Oakridge Apartments!... | 3BR,1BA | $1.56 |
| Hidden Lane Apartments | Upper Floorplan | 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 |
| Westview Apartments | Two Bedroom + Den | 2BR,1BA | $1.56 |
| Island Glen Apartments | 2 Bedroom | 2BR,1BA | $1.34 |
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.
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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 53 Apartments for Rent in Balsam Lake, WI with pricing that ranges from $981 to $4,065. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Lake ranging from $1,300 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 $1,300 to $7,900 with an average monthly rent of $3,700.
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
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.