Cheap Homes for Rent in Balsam Lake, WI from $800 (10 Rentals)

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property at 2200 4th Ln SE

2200 4th Ln SE

CambridgeMN55008

Balsam Lake, WI Local Guide

Cheapest Available Balsam Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Balsam Lake, WI is a 2 Beds unit found at Aspen Grove priced from $850. Village Apartments in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here is today’s list of the most affordable Balsam Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Grove2 Bedroom 1 Bath2BR,1BA$850
Village ApartmentsEfficiency 6-01Studio,1BA$990
Archway ResidencesStudioStudio,1BA$1,050

Best Value Apartments for Rent in Balsam Lake, WI and Nearby

As of April 15, 2025 the best value apartment in the Balsam Lake area is the $1.44 price per square foot Pacific Dunes (2b/2b)- 1st Floor Model at Mill City Apartments in the in the St Croix Far Eastern Suburbs neighborhood starting from $1,700. The second greatest value Balsam Lake apartment is the 3 Beds, 2 baths Model at Taylors Falls Villas starting at $1,499 with a $1.30 price per square foot in the Chisago Outlying Northern Suburbs neighborhood. Here is today’s list of the best values for Balsam Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mill City ApartmentsPacific Dunes (2b/2b)- 1st Floor2BR,2BA$1.44
Taylors Falls Villas3 Beds, 2 baths3BR,2BA$1.30
FOSTER PLACE2 Bedroom 2 Bathroom - Upper2BR,2BA$1.43
Springwood ApartmentsGeneva3BR,1BA$1.50
Autumn Hills ApartmentsBirch2BR,1BA$1.11
Sarah Lane Court2Bedroom 1Bathroom2BR,1BA$1.34
Headwaters LandingTwo Bedroom2BR,2BA$1.44
Cascade Falls2 BR WITH WASHER/DRYER WITH GARAGE2BR,1BA$1.55
Aspen Grove2 Bedroom 1 Bath2BR,1BA$1.21
Oakridge Apartments2 Bedroom-A2BR,1BA$1.50

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Frequently Asked Questions about Balsam Lake

What type of rentals are currently available in Balsam Lake?

There are currently 42 Apartments for Rent in Balsam Lake, WI with pricing that ranges from $635 to $3,695. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balsam Lake ranging from $800 to $7,900.

What is the current price range for Rental Homes in Balsam Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Balsam Lake ranges from $800 to $7,900 with an average monthly rent of $2,917.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.