
Cheap Apartments for Rent in Somerset, CO from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Somerset.


101-107 W Bridge St

1074 Cedar Way

The Junction

SLICK ROCK APARTMENTS

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The Railyard at Rimrock

210 2nd St, Unit 2
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

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The Landing on Horizon

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Rya Suites

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Peppermill Lofts

939-951 Iowa Ave

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Copper Village Apartments

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The House Apartments
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

SIX CANYON

The Residences at Dry Cedar Creek

Rendezvous Apartments

490 SE Kohler Ct

Summit View Flats

The Eddy Apartments
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.

311 Columbia St

Basecamp

L3 at Green Leaf Lofts

Red Table Apartments

Altitude Apartments

Flats on 2nd Apartments

2331 American Way
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.

632 E Star Ct

2317 Mead Ln

642 E Star Ct
Somerset, CO Local Guide

How much does it cost to rent an apartment in Somerset?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Somerset Studio Apartments | $1,991 | $1,370 | $3,483 |
| Somerset 1 Bedroom Apartments | $3,446 | $1,580 | $10,000+ |
| Somerset 2 Bedroom Apartments | $5,813 | $800 | $10,000+ |
| Somerset 3 Bedroom Apartments | $3,364 | $1,485 | $6,562 |
| Somerset 4 Bedroom Apartments | $6,587 | $3,562 | $8,200 |
Browse Top Apartments in Somerset
See all Apartments in SomersetExplore Somerset
Somerset, CO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,370 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,650 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The House Apartments | Studio - S1 | Studio,1BA | $1,699 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1,970 |
| Flats on 2nd Apartments | 1BR/1BA - A1 | 1BR,1BA | $1,999 |
| SIX CANYON | Oasis | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| River Run | Three Bedroom - River View | 3BR,2BA | $2.73 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Slate on 25 | Malone | 1BR,1BA | $2.41 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.11 |
| SIX CANYON | Oasis | 1BR,1BA | $3.07 |
| The Junction | Jackalope- 0BR/1BA | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Somerset, CO Rentals by Map
See the most popular apartments and homes in Somerset, CO
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

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.

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.

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.

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.