Cheap Homes for Rent in Balsam Lake, WI from $1,000 (10 Rentals)

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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.

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.

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 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 $1,040. Here is today’s list of the most affordable Balsam Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Grove2 Bedroom 1 Bath2BR,1BA$850
Arbor View ApartmentsStudio 6-01Studio,1BA$1,040
Beebe Lofts1 Bedroom1BR,1BA$1,075

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

As of July 23, 2025 the best value apartment in the Balsam Lake area is the $1.02 price per square foot Three Bedroom Two Bath Model at Dakota Meadows in the in the St Croix Far Eastern Suburbs neighborhood starting from $1,399. The second greatest value Balsam Lake apartment is the Geneva Model at Springwood Apartments starting at $1,560 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.
Dakota MeadowsThree Bedroom Two Bath3BR,2BA$1.02
Springwood ApartmentsGeneva3BR,1BA$1.49
Autumn Hills ApartmentsBirch2BR,1BA$1.11
Northbrook ApartmentsTahoe3BR,1BA$1.44
Ashwood Birchwood Apartments2BR1BA-968-Balcony2BR,1BA$1.31
Sarah Lane Court2Bedroom 1Bathroom2BR,1BA$1.20
Forest Park II Apartments LLC2BR/1.0BA2BR,1BA$1.35
Cascade Falls2 BR WASHER/DRYER UNIT WITH GARAGE2BR,1BA$1.43
Aspen Grove2 Bedroom 1 Bath2BR,1BA$1.21
Beebe Lofts1 Bedroom1BR,1BA$1.36

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Frequently Asked Questions about Balsam Lake

What type of rentals are currently available in Balsam Lake?

There are currently 45 Apartments for Rent in Balsam Lake, WI with pricing that ranges from $635 to $5,995. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Lake ranging from $1,085 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 $1,085 to $8,900 with an average monthly rent of $4,084.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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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.