Cheap Apartments for Rent in Somerset, WI from $400 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Somerset.

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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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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Cottages of Stillwater
$1,461 - $1,756
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450 - $1,745
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Cottages of Stillwater

2204-2358 Cottage DrStillwater, MN 55082
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Springs at Willowbrooke
Rent Specials
$1,476 - $2,671
Total Monthly Price

Total Monthly Price

Base Rent
$1,316 - $2,511
Required Monthly Fees
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Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Springs at Willowbrooke

7700 36th St NOakdale, MN 55128
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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.

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property at 161 1st Ave N

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

161 1st Ave N

BayportMN55003

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 16 Cimarron

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

3 Bedroom, 2 Bath Home for Rent

Available Now

16 Cimarron

Lake ElmoMN55042
Showing Results 1-46, Page 1 of 1

Somerset, WI Local Guide

Cheapest Available Somerset Apartments for Rent and Nearby

 

The cheapest available apartment rental in Somerset, WI is a 1 Bed unit found at Hanley Place Apartments in the St Croix Far Eastern Suburbs neighborhood priced from $1,000. The Maxwell - After 55 Community in the St Croix Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,150. Here is today’s list of the most affordable Somerset apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hanley Place Apartments1BR/1.0BA1BR,1BA$1,000
The Maxwell - After 55 Community2 Bedroom2BR,1BA$1,150
Cascade Falls2 BR WITH GARAGE2BR,1BA$1,249
Vista Point1 Bedroom 1 Bathroom1BR,1BA$1,280
Cedar RidgeOne Bedroom1BR,1BA$1,289
Gray's Landing - Section 42 income guidelines apply2BR/2.0BA2BR,2BA$1,375
Sarah Lane Court2BR/1BA2BR,1BA$1,399
Mill City FlatsMeadow Lake (1b/1b)- 3rd Floor1BR,1BA$1,425
Springs at WillowbrookeStudio Grand OverlookStudio,1BA$1,476
Archway Residences1 Bedroom | 1 Bath1BR,1BA$1,500

Best Value Apartments for Rent in Somerset, WI and Nearby

As of May 14, 2026 the best value apartment in the Somerset area is the $1.82 price per square foot Grove-A Model at Woodhelm Townhomes in the in the Washington Far Eastern Suburbs neighborhood starting from $3,325. The second greatest value Somerset apartment is the 2 Bed / 2 Bath - ADA Model at Liberty Villas starting at $1,645 with a $1.46 price per square foot in the St Croix Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Somerset apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodhelm TownhomesGrove-A2BR,2.5BA$1.82
Liberty Villas2 Bed / 2 Bath - ADA2BR,2BA$1.46
FOSTER PLACE2 Bedroom 2 Bathroom - Lower2BR,2BA$1.58
Sarah Lane Court2BR/1BA2BR,1BA$1.46
The Maxwell - After 55 Community2 Bedroom2BR,1BA$1.28
Cottages of StillwaterTwo Bedroom B2BR,1BA$1.94
Gray's Landing - Section 42 income guidelines apply2BR/2.0BA2BR,2BA$1.59
Cascade Falls2 BR WASHER/DRYER UNIT WITH GARAGE2BR,1BA$1.67
Mill City FlatsMeadow Lake (1b/1b)- 3rd Floor1BR,1BA$1.86
Hanley Place Apartments1BR/1.0BA1BR,1BA$1.67

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Springs at Willowbrooke listed at $1,476.

How much is rent for a Cheap One Bedroom Somerset Apartment?

The lowest price for a Cheap One Bedroom Somerset Apartment is $1,000 at Hanley Place 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 $1,150 at The Maxwell - After 55 Community.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.