Cheap Homes for Rent in Somerset Neighborhood of Ames, IA from $700 (14 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. Western Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. 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
Western Hills Apartments1 Bed, 1 bath1BR,1BA$745
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$775
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Somerset Apartments1 Bedroom1BR,1BA$880

Best Value Apartments for Rent in Somerset, IA

As of May 10, 2025 the best value apartment in the Somerset area is the $1.07 price per square foot 3304 Polaris ( 3 bedroom ) Model at Northern Lights Apartments in the in the Eagle Ridge neighborhood starting from $1,140. The second greatest value Somerset apartment is the 3 Bedroom, 2 Bath Remodel Model at Alpine Manor Apartments starting at $1,150 with a $1.12 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.
Northern Lights Apartments3304 Polaris ( 3 bedroom )3BR,2BA$1.07
Alpine Manor Apartments3 Bedroom, 2 Bath Remodel3BR,2BA$1.12
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
117 5th St, Unit 203117 5th St2BR,1BA$1.44

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Frequently Asked Questions about Somerset

What type of rentals are currently available in Somerset?

There are currently 149 Apartments for Rent in Somerset, IA with pricing that ranges from $600 to $2,500. There are also 38 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 $1,496.

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 $660 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,280 and Four Bedroom Apartments start at $645.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.