
Cheap Homes for Rent in Somerset, IN from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Somerset.


805 N Washington St

918 S Bell St

59 W Riverside Dr

1211 W Spencer Ave
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.

704-706 S Boots St

110 1/2 E Jefferson St

113 S Golding St

37044 Carswell Ct

1005 N Lincoln St
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.

1011 E Taylor St
Somerset, IN Local Guide

How much does it cost to rent a home in Somerset?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Somerset 2 Bedroom Homes for Rent | $909 | $675 | $1,100 |
Somerset 3 Bedroom Homes for Rent | $1,171 | $550 | $2,350 |
Somerset 4 Bedroom Homes for Rent | $1,230 | $1,230 | $1,230 |
Browse Top Homes for Rent in Somerset
Explore Somerset
Somerset, IN Local Guide
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Cheapest Available Somerset Apartments for Rent and Nearby
 The cheapest available apartment rental in Somerset, IN is a 1 Bed unit found at MAPLE CREST priced from $643. Pechewa Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable Somerset apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MAPLE CREST | Studio | 1BR,1BA | $643 |
Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $649 |
Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $675 |
BECKFORD PLACE APARTMENTS | Apartment 1bd | 1BR,1BA | $675 |
Turtle Creek Kokomo | Spring | Studio,1BA | $685 |
Best Value Apartments for Rent in Somerset, IN and Nearby
As of October 13, 2025 the best value apartment in the Somerset area is the $0.84 price per square foot 3 bedroom Model at Granton Place Apartments in the starting from $1,125. 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. |
---|---|---|---|
Granton Place Apartments | 3 bedroom | 3BR,1.5BA | $0.84 |
Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
Thomas Jefferson Park | 2 Bedroom | 2BR,1.5BA | $0.77 |
55+ Historic Gallatin Square Senior | Two Bedroom | 2BR,1BA | $1.06 |
Carriage Place Apartments | The Lincoln - Renovated | 2BR,1BA | $1.13 |
PARK FOREST APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.03 |
Georgetown Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.05 |
Somerset Apartments | One Bedroom | 1BR,1BA | $0.98 |
MILLSTONE APARTMENTS | 1 bedroom | 1BR,1BA | $1.12 |
SOMERSET VILLAGE APARTMENTS | 1 bed small | 1BR,1BA | $1.13 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Somerset, IN Rentals by Map
See the most popular apartments and homes in Somerset, IN
Frequently Asked Questions about Somerset
What type of rentals are currently available in Somerset?
There are currently 44 Apartments for Rent in Somerset, IN with pricing that ranges from $525 to $2,200. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Somerset ranging from $550 to $2,350.
What is the current price range for Rental Homes in Somerset?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Somerset ranges from $550 to $2,350 with an average monthly rent of $985.
How much are larger Three and Four Bedroom Rentals in Somerset?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Somerset range from $825 to $1,545, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,230 and Four Bedroom Apartments start at $560.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.