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$7001 Bedroom Apartments Available May 22
Welcome to Somerset Village!
150 White DrSomerset, IN 46984
Cheap Apartments for Rent in Somerset, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Somerset.
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Rent Specials
$398 - $1,2271 to 3 Bedroom Apartments Available Now
Apperson Way Apartments
512 N Apperson WayKokomo, IN 46901
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$643 - $9771 to 3 Bedroom Apartments Available May 14
MAPLE CREST
419 W Lincoln RdKokomo, IN 46902
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$6501 Bedroom Apartments Contact Us For Availability
Your new home awaits!
337 N Butler AveMarion, IN 46952
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$675 - $7001 Bedroom Apartments Available Now
Green Town Apartments
615 S Harvey DrGreentown, IN 46936
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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$675 - $8501 to 2 Bedroom Apartments Available Jun 5
Beckford Place
1315 N Beckford PlMarion, IN 46952
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$695 - $975Studio to 2 Bedroom Apartments Contact Us For Availability
Turtle Creek Apartments
2116 W 2nd StMarion, IN 46952
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$699 - $725Studio to 1 Bedroom Apartments Available Now
Walnut Manor
1231 W Walnut StKokomo, IN 46901
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1 to 2 Bedroom Apartments
Senior Living 55+ - Historic Gallatin Square
304 S Gallatin StMarion, IN 46952
610 S Gallatin St
MarionIN46953
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.
805 N Washington St
MarionIN46952
362 W 5th St
PeruIN46970
701 E Walnut St
KokomoIN46901
1 E Superior St
KokomoIN46901
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1 to 2 Bedroom Apartments
2930 Albright
2930 Albright RdKokomo, IN 46902
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.
371 W 12th St
PeruIN46970
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1 to 4 Bedroom Apartments
Lincolnwood Apartments
2101 Mark LnKokomo, IN 46902
Showing Results 1-17, Page 1 of 1
Somerset, IN Local Guide
Somerset by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent an apartment in Somerset?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Somerset Studio Apartments | $802 | $695 | $1,100 |
| Somerset 1 Bedroom Apartments | $899 | $398 | $1,676 |
| Somerset 2 Bedroom Apartments | $3,687 | $479 | $10,000+ |
| Somerset 3 Bedroom Apartments | $1,236 | $550 | $1,750 |
| Somerset 4 Bedroom Apartments | $945 | $505 | $1,805 |
Browse Top Apartments in Somerset
See all Apartments in SomersetExplore Somerset
Somerset, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Somerset Apartments for Rent and Nearby
The cheapest available apartment rental in Somerset, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $550. Here is today’s list of the most affordable Somerset apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $550 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $675 |
| Walnut Manor | STUDIO | Studio,1BA | $699 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
Best Value Apartments for Rent in Somerset, IN and Nearby
As of May 09, 2026 the best value apartment in the Somerset area is the $0.71 price per square foot 2 Bedroom Unit Model at Brentwood Greene in the starting from $850. The second greatest value Somerset apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 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. |
|---|---|---|---|
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $0.71 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Winding Brook Apartments | 3 Bedroom Town Home | 3BR,1.5BA | $1.19 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.87 |
| Ashbury Apartments | 2 Bedroom - 2nd Level + W/D Hookups | 2BR,1BA | $1.03 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.19 |
| Somerset Apartments | One Bedroom | 1BR,1BA | $1.02 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.80 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.22 |
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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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.
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Explore Somerset, IN Rentals by Map
See the most popular apartments and homes in Somerset, IN
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 Walnut Manor listed at $699.
How much is rent for a Cheap One Bedroom Somerset Apartment?
The lowest price for a Cheap One Bedroom Somerset Apartment is $398 at Apperson Way Apartments.
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 $479 at Apperson Way Apartments.
What is the most affordable Somerset Three Bedroom Apartment?
The best deal on a cheap Somerset Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $550.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.