
Cheap Homes for Rent near Somerville, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Somerville.


2555 Stanley Ct

3509 N Kentucky Ave

4152 Bell Rd
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.

701 Beachfront Dr

615 N W St

1021 Vanderburgh Ave

7935 Circle Front Ct
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.
Somerville, IN Local Guide

How much does it cost to rent a home in Somerville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Somerville 2 Bedroom Homes for Rent | $1,242 | $915 | $1,425 |
| Somerville 3 Bedroom Homes for Rent | $1,840 | $1,295 | $2,600 |
| Somerville 4 Bedroom Homes for Rent | $2,106 | $1,275 | $2,550 |
| Somerville 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
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Somerville, IN Local Guide
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Cheapest Available Somerville Apartments for Rent and Nearby
 The cheapest available apartment rental in Somerville, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Somerville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $695 |
Best Value Apartments for Rent in Somerville, IN and Nearby
As of July 23, 2026 the best value apartment in the Somerville area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the in the Gibson County neighborhood starting from $1,650. The second greatest value Somerville apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,600 with a $1.15 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Somerville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
| Kimber Green Apartments | The Willow Townhome | 2BR,1.5BA | $1.10 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.13 |
| Pavilion Lakes Apartments | The Monroe | 2BR,1.5BA | $1.25 |
| The Westcott | 2 Bed, 2 Bath | 2BR,2BA | $1.17 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Terra Trace Apartments | 2x1.5-Q-936 | 2BR,1.5BA | $1.23 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Somerville
What type of rentals are currently available in Somerville?
There are currently 40 Apartments for Rent in Somerville, IN with pricing that ranges from $600 to $4,449. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Somerville ranging from $915 to $3,200.
What is the current price range for Rental Homes in Somerville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Somerville ranges from $915 to $3,200 with an average monthly rent of $1,890.
How much are larger Three and Four Bedroom Rentals in Somerville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Somerville range from $1,280 to $3,322, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,275 and Four Bedroom Apartments start at $1,849.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.