Cheap Homes for Rent in Somerset Neighborhood of Ames, IA from $700 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Somerset area of Ames.

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Somerset, Ames, IA Local Guide

Cheapest Available Somerset Apartments for Rent

 

The cheapest available apartment rental in the Somerset area of Ames, IA is a 1 Bed unit found at Melrose Park Apartments priced from $705. Wyndsor Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Somerset apartments for rent in Ames, IA:

Apartment ListingModel NameBed/BathPriced From
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$705
Wyndsor TerraceStudioStudio,1BA$740
Western Hills Apartments1 Bed, 1 bath1BR,1BA$745
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$799
Hyland Apartments1 Bedroom Apartment1BR,1BA$820

Best Value Apartments for Rent in Somerset, IA

As of April 15, 2025 the best value apartment in the Somerset area is the $1.30 price per square foot 2 Bedroom/2 Bathroom - 1,137 sq ft Model at Grayhawk Apartments in the in the Eagle Ridge neighborhood starting from $1,479. The second greatest value Somerset apartment is the 3304 Polaris ( 3 bedroom ) Model at Northern Lights Apartments starting at $1,140 with a $1.07 price per square foot in the Eagle Ridge 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.
Grayhawk Apartments2 Bedroom/2 Bathroom - 1,137 sq ft2BR,2BA$1.30
Northern Lights Apartments3304 Polaris ( 3 bedroom )3BR,2BA$1.07
Alpine Manor Apartments3 Bedroom, 2 Bath Remodel3BR,2BA$1.22
Somerset Apartments2 Bedroom2BR,1BA$1.18
Western Hills Apartments2 Beds, 2 baths2BR,2BA$1.05
Hyland Apartments2 Bedroom Apartment2BR,2BA$1.23
3500 Grand Ave2BR/1.0BA2BR,1BA$1.06
Point at AmesFrisco A2BR,2BA$1.05
Haven ApartmentsCotton1BR,1BA$1.33
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$1.29

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Frequently Asked Questions about Somerset

What type of rentals are currently available in Somerset?

There are currently 159 Apartments for Rent in Somerset, IA with pricing that ranges from $600 to $2,500. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Somerset ranging from $775 to $2,800.

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 $775 to $2,800 with an average monthly rent of $1,595.

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 $775 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,080 and Four Bedroom Apartments start at $670.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.