
Cheap Apartments for Rent near Somerset, CO from $642 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Somerset.


521 1/2 S 3rd St

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Summit View Apartments

531 1/2 N 3rd St

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The Railyard at Rimrock

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Peppermill Lofts

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SLICK ROCK APARTMENTS

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The Junction
Rent According to Income: A Look at Income-Restricted Rentals
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1074 Cedar Way

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The Slate on 25

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The Landing on Horizon

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Copper Village Apartments

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Rya Suites

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939 Iowa Ave

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The House Apartments

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The Meadows
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.

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River Run

1023 Teller Ave

Rendezvous Apartments

703 E 5th St

10506-12100 2100 Rd

Eddy

Basecamp

13355 Marine Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1937 Court Way

646 Riverview Dr

1911 Court Way

L3 at Green Leaf Lofts

Red Table Apartments

Altitude Apartments

Flats on 2nd Apartments

2040 E Miami Rd
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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.

4122 Sky Ranch Dr

3104 Hager Ln
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 | $2,148 | $1,415 | $3,683 |
| Somerset 1 Bedroom Apartments | $3,488 | $642 | $10,000+ |
| Somerset 2 Bedroom Apartments | $6,521 | $770 | $10,000+ |
| Somerset 3 Bedroom Apartments | $3,417 | $890 | $8,884 |
| Somerset 4 Bedroom Apartments | $3,562 | $3,562 | $3,562 |
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 1 Bed unit found at Aster Place priced from $642. Summit View Apartments in the Central Grand Junction neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable Somerset apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Place | One Bedroom - 30% AMI | 1BR, 1BA | $642 |
| Summit View Apartments | 2 Bedroom 1 Bath - 83336 | 2BR, 1BA | $1,395 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR, 1BA | $1,425 |
| Eddy | A3 | 1BR, 1BA | $1,525 |
| Copper Village Apartments | The Bookcliff | 1BR, 1BA | $1,575 |
| Peppermill Lofts | 2x1 900 SF | 2BR, 1BA | $1,609 |
| Rya Suites | 2A | 2BR, 2BA | $1,909 |
| Basecamp | Two Bedroom | 2BR, 2BA | $1,950 |
| The Landing on Horizon | The Riverside | 2BR, 2BA | $2,028 |
| The Slate on 25 | Riverside | 2BR, 2BA | $2,028 |
Best Value Apartments for Rent in Somerset, CO and Nearby
As of September 18, 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 Appleton neighborhood starting from $2,557. The second greatest value Somerset apartment is the 2A Model at Rya Suites in the Appleton neighborhood starting at $1,909 with a $1.52 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 |
| Rya Suites | 2A | 2BR, 2BA | $1.52 |
| The Slate on 25 | Riverside | 2BR, 2BA | $1.83 |
| The Landing on Horizon | The Riverside | 2BR, 2BA | $1.83 |
| Basecamp | Two Bedroom | 2BR, 2BA | $1.96 |
| Peppermill Lofts | 2x1 900 SF | 2BR, 1BA | $1.79 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR, 1BA | $1.70 |
| Aster Place | One Bedroom - 40% AMI | 1BR, 1BA | $1.07 |
| Copper Village Apartments | The Bookcliff | 1BR, 1BA | $2.01 |
| Summit View Apartments | 2 Bedroom 1 Bath - 83336 | 2BR, 1BA | $1.80 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 Pike listed at $2,353.
How much is rent for a Cheap One Bedroom Somerset Apartment?
The lowest price for a Cheap One Bedroom Somerset Apartment is $642 at Aster Place.
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 $770 at Aster Place.
What is the most affordable Somerset Three Bedroom Apartment?
The best deal on a cheap Somerset Three Bedroom Apartment rental is at Aster Place and starts from $890.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.