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Rental Market Trends in Somerset, WI

What is the average rent in Somerset, WI?

$399/month

Average Rent

400 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of June 2025, the average rent in Somerset, WI is $399 per month. This is 75% lower than the national average rent of $1,627/month, making renting in Somerset more affordable than most cities in the US. When you rent an apartment in Somerset, you can expect to pay about per month for a studio, $399 for a one-bedroom apartment, and around $976 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $865 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$399/month
400 Sq Ft
Two Bedroom
$976/month
798 Sq Ft
Three Bedroom
$865/month
900 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Somerset, WI?

In the past year, rent has increased by 1%, which averages out to $4 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Somerset, WI
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Somerset, WI
Percentage*
Rent Range
67% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Somerset, WI?

Because the average rent in Somerset is $399, you’ll want to make about $1,330 per month or $15,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Somerset, WI

9 Available Apartments for Rent

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How does Somerset, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Somerset, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Somerset, WI

Apartment Averages

Nearby City Rent Trends

  • New Richmond Average Rent
  • Stillwater Average Rent
  • Hudson Average Rent

Apartment communities in Somerset we think you'll love

Sarah Lane Court

Sarah Lane Court

120 Sarah Ln,
Somerset, WI 54025

2 Beds | $1,079 - $1,119

520-580 Spring St

520-580 Spring St

520-580 Spring St,
Somerset, WI 54025

2 Beds | $1,045

402 Meadow Ln

402 Meadow Ln

402 Meadow Ln,
Somerset, WI 54025

2 Beds | $1,700

702 Raymond St

702 Raymond St

702 Raymond St,
Somerset, WI 54025

2 Beds | $1,600

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United States Wisconsin Somerset Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity