
Cheap Homes for Rent in Somerset, KY from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Somerset.


230 New Oak Rd

261 Scott Ln

33 Driftwood Cir

50 Driftwood Cir
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.

71 Driftwood Cir

19 Driftwood Cir

426 College St

302 American Greeting Card Rd

51 Lee's Ford Dock Rd
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.

21 Weesner Dr
Somerset, KY 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 | $1,189 | $900 | $2,000 |
| Somerset 3 Bedroom Homes for Rent | $1,540 | $850 | $2,300 |
| Somerset 4 Bedroom Homes for Rent | $1,958 | $1,300 | $2,975 |
Browse Top Homes for Rent in Somerset
Explore Somerset
Somerset, KY Local Guide
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Cheapest Available Somerset Apartments for Rent
 The cheapest available apartment rental in Somerset, KY is a 1 Bed unit found at Eagle Creek Apartments priced from $700. Shawnee Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $741. Here is today’s list of the most affordable Somerset apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Creek Apartments | one bdr with balcony | 1BR,1BA | $700 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Town Pointe Apartments | Studio | Studio,1BA | $795 |
| Meadow Pointe Apartments | 2 Bedrooms | 2BR,1BA | $849 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $900 |
Best Value Apartments for Rent in Somerset, KY
As of May 20, 2026 the best value apartment in the Somerset area is the $1.40 price per square foot Three Bedroom 2 Bath Cottage Home Model at Legacy Lake Apartments in the starting from $2,100. The second greatest value Somerset apartment is the Newly Built Units Model at Polo Springs Apartments starting at $1,500 with a $1.36 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. |
|---|---|---|---|
| Legacy Lake Apartments | Three Bedroom 2 Bath Cottage Home | 3BR,2BA | $1.40 |
| Polo Springs Apartments | Newly Built Units | 2BR,2BA | $1.36 |
| 12 Charlottes Pl | 12 Charlottes Pl | 2BR,1BA | $1.19 |
| Meadow Pointe Apartments | 2 Bedrooms | 2BR,1BA | $0.94 |
| Mason Greene | 3 Bedroom Townhouse | 3BR,1.5BA | $1.14 |
| 22 Roks Pl, Unit 22 | 22 Roks Pl | 1BR,1BA | $1.14 |
| Ashton on Main | 2 Bedroom | 2BR,1BA | $1.33 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Town Pointe Apartments | Studio | Studio ,1BA | $1.33 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $1.41 |
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.
Best Local Schools in Somerset, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Somerset, KY Rentals by Map
See the most popular apartments and homes in Somerset, KY
Frequently Asked Questions about Somerset
What type of rentals are currently available in Somerset?
There are currently 63 Apartments for Rent in Somerset, KY with pricing that ranges from $606 to $2,100. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Somerset ranging from $650 to $2,975.
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 $650 to $2,975 with an average monthly rent of $1,226.
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.