Cheap Apartments for Rent in Somerset, CO from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Somerset.

property at 101-107 W Bridge St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

101-107 W Bridge St

HotchkissCO81419
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The Railyard at Rimrock
$1,460 - $2,345
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,345 - $2,230
Required Monthly Fees
$115

Total Monthly Price
$1,460 - $2,345
Studio to 3 Bedroom Apartments Available Now

The Railyard at Rimrock

800 Railyard LoopGrand Junction, CO 81505
Pet Friendly
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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.

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The Slate on 25
$1,558 - $2,413
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,385 - $2,240
Required Monthly Fees
$173

Total Monthly Price
$1,558 - $2,413
Studio to 3 Bedroom Apartments Available Now

The Slate on 25

2494 Flat Top LnGrand Junction, CO 81505
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The Landing on Horizon
Rent Specials
$1,598 - $2,423
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425 - $2,250
Required Monthly Fees
$173

Total Monthly Price
$1,598 - $2,423
Studio to 3 Bedroom Apartments Available Now

The Landing on Horizon

777 Horizon DrGrand Junction, CO 81506
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Rya Suites
$1,649 - $1,975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,639 - $1,965
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 29

Rya Suites

2535 Knollwood DrGrand Junction, CO 81505
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Peppermill Lofts
Rent Specials
$1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,640
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Peppermill Lofts

491 28 1/4 RdGrand Junction, CO 81501
Corporate Housing
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Copper Village Apartments
$1,650 - $2,030
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,650 - $2,030

Total Monthly Price
$1,650 - $2,030
1 to 2 Bedroom Apartments Available Now

Copper Village Apartments

617 Balanced Rock WayGrand Junction, CO 81505
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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.

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The Meadows
Rent Specials
$2,009 - $4,152
Total Monthly Price

Total Monthly Price

Base Rent
$1,981 - $4,124
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Meadows

515 Flat Top View DrGlenwood Springs, CO 81601
Luxury
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Rendezvous Apartments
1 to 2 Bedroom Apartments

Rendezvous Apartments

2366 Robins WayMontrose, CO 81401
Senior Living
  • Utilities Included
property at 490 SE Kohler Ct

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

490 SE Kohler Ct

CedaredgeCO81413
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Summit View Flats
1 to 2 Bedroom Apartments

Summit View Flats

306 Chipeta AveGrand Junction, CO 81501

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 311 Columbia St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Home for Rent

Available Now

311 Columbia St

DeltaCO81416
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Basecamp
1 to 2 Bedroom Apartments

Basecamp

41 N 6th StMontrose, CO 81401
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Altitude Apartments
1 to 2 Bedroom Apartments

Altitude Apartments

2769 Palmer AveGlenwood Springs, CO 81601
Corporate Housing
property at 2331 American Way

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

2331 American Way

MontroseCO81401

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.

property at 632 E Star Ct

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

632 E Star Ct

MontroseCO81401
property at 2317 Mead Ln

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

2317 Mead Ln

MontroseCO81401
property at 642 E Star Ct

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

642 E Star Ct

MontroseCO81401

Somerset, CO Local Guide

Cheapest Available Somerset Apartments for Rent and Nearby

 

The cheapest available apartment rental in Somerset, CO is a Studio unit found at The Junction in the Historic Downtown Grand Junction neighborhood priced from $1,370. SLICK ROCK APARTMENTS in the Appleton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here is today’s list of the most affordable Somerset apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The JunctionJackalope- 0BR/1BAStudio,1BA$1,370
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,425
The Slate on 25Napa1BR,1BA$1,633
Copper Village ApartmentsThe Bookcliff1BR,1BA$1,650
Peppermill Lofts2x1 900 SF2BR,1BA$1,650
The House ApartmentsStudio - S1Studio,1BA$1,699
The Landing on HorizonThe Napa1BR,1BA$1,723
The Railyard at RimrockThe Riverside - two bedroom two bath2BR,2BA$1,970
Flats on 2nd Apartments1BR/1BA - A11BR,1BA$1,999
SIX CANYONOasis1BR,1BA$2,100

Best Value Apartments for Rent in Somerset, CO and Nearby

As of June 15, 2026 the best value apartment in the Somerset area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Somerset apartment is the Three Bedroom - River View Model at River Run starting at $3,545 with a $2.73 price per square foot . Here is today’s list of the best values for Somerset apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pomona Park TownhomesEnd Unit3BR,2.5BA$1.64
River RunThree Bedroom - River View3BR,2BA$2.73
The Railyard at RimrockThe Riverside - two bedroom two bath2BR,2BA$1.78
Peppermill Lofts2x1 8952BR,1BA$1.84
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.70
The Slate on 25Malone1BR,1BA$2.41
The Landing on HorizonThe Malone1BR,1BA$2.47
Copper Village ApartmentsThe Bookcliff1BR,1BA$2.11
SIX CANYONOasis1BR,1BA$3.07
The JunctionJackalope- 0BR/1BAStudio ,1BA$2.97

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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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 Cheap Somerset Apartments

What is the Cheapest Studio apartment in Somerset?

Currently the most affordable Cheap Studio Apartment in Somerset is at The Junction listed at $1,370.

How much is rent for a Cheap One Bedroom Somerset Apartment?

The lowest price for a Cheap One Bedroom Somerset Apartment is $1,633 at The Slate on 25.

What is the lowest price for a Cheap Two Bedroom Somerset Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Somerset is starting from $1,425 at SLICK ROCK APARTMENTS.

What is the most affordable Somerset Three Bedroom Apartment?

The best deal on a cheap Somerset Three Bedroom Apartment rental is at The Slate on 25 and starts from $2,413.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.