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.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Lily Lake Terrace
$1,119
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100
Required Monthly Fees
$19
Total Monthly Price
$1,119
Studio to 2 Bedroom Apartments Available Aug 31

Lily Lake Terrace

1402-1410 Greeley StStillwater, MN 55082
Student Housing
  • Verified
  • Smoke Free

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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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.

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Springs at Willowbrooke
Rent Specials
$1,541 - $2,847
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,681
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs at Willowbrooke

7700 36th St NOakdale, MN 55128
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Vista Point
1 to 3 Bedroom Apartments

Vista Point

830 Wildwood RdMahtomedi, MN 55115
Corporate Housing
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

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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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 2 Beds unit found at The Maxwell - After 55 Community in the St Croix Far Eastern Suburbs neighborhood priced from $1,150. Hanley Place Apartments in the St Croix Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Somerset apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Maxwell - After 55 Community2 Bedroom2BR,1BA$1,150
Hanley Place Apartments2BR/1.0BA2BR,1BA$1,200
Gray's Landing2BR/2.0BA2BR,2BA$1,325
Hidden Lane ApartmentsUpper Floorplan2BR,1BA$1,395
Cedar RidgeOne Bedroom1BR,1BA$1,395
Cascade Falls2 Bedroom - Top Floor2BR,1BA$1,399
Sarah Lane Court2BR/1BA2BR,1BA$1,399
Vista Point1 Bedroom 1 Bathroom1BR,1BA$1,420
Mill City FlatsMeadow Lake (1b/1b)- 3rd Floor1BR,1BA$1,425

Best Value Apartments for Rent in Somerset, WI and Nearby

As of August 17, 2026 the best value apartment in the Somerset area is the $1.69 price per square foot Balsam Model at BRIARCLIFF APARTMENTS in the in the Ledgestone neighborhood starting from $1,795. The second greatest value Somerset apartment is the 2 Bedroom 2 Bathroom - Lower Model at FOSTER PLACE starting at $1,805 with a $1.70 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.
BRIARCLIFF APARTMENTSBalsam3BR,2BA$1.69
FOSTER PLACE2 Bedroom 2 Bathroom - Lower2BR,2BA$1.70
Vista Point2 Bedroom 2 Bathroom2BR,2BA$1.71
Hidden Lane ApartmentsUpper Floorplan2BR,1BA$1.45
Sarah Lane Court2BR/1BA2BR,1BA$1.46
Hanley Place Apartments2BR/1.0BA2BR,1BA$1.26
The Maxwell - After 55 Community2 Bedroom2BR,1BA$1.28
Gray's Landing2BR/1.5BA2BR,1.5BA$1.56
Cascade Falls2 Bedroom - Top Floor2BR,1BA$1.67
118 Spring St118 Spring St2BR,1BA$1.43

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

Explore Somerset, WI Rentals by Map

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Frequently Asked Questions about Cheap Somerset Apartments

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

The lowest price for a Cheap One Bedroom Somerset Apartment is $1,395 at Cedar Ridge.

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

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.