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Rental Market Trends in Somerset, WI

Updated July 2026

The average rent in Somerset, WI is $1,224/month.

Rent in Somerset is 26% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,224/month

Average Rent

715 Sq Ft

Average Size

+0.9%

Change / Year

5

Available Apartments

Somerset rent varies by unit size and layout:

  • Studio apartments in Somerset average per month.
  • One-bedroom apartments in Somerset average $1,224 per month.
  • Two-bedroom apartments in Somerset average $1,483 per month.
  • Three-bedroom apartments in Somerset average $1,906 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,224/month
715 Sq Ft
Two Bedroom
$1,483/month
818 Sq Ft
Three Bedroom
$1,906/month
997 Sq Ft
View Somerset Apartments

How much has average rent changed in Somerset, WI?

In the past year, rent has increased by 0.9%, which averages out to $11 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Somerset, WI

July 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Somerset, WI
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
25% $1,001 - $1,500/month
25% $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 $1,224, you’ll want to make about $4,080 per month or $48,960 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

5 Available Apartments for Rent

Search for Nearby Apartments

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.

View the Somerset Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • New Richmond

    New Richmond

  • Stillwater

    Stillwater

  • Hudson

    Hudson

Apartment Communities in Somerset We Think You'll Love

Sarah Lane Court

Sarah Lane Court

120 Sarah Ln,
Somerset, WI 54025

2 Beds | $1,399

Latitude 45

Latitude 45

763 Parent St,
Somerset, WI 54025

1 Bed | $1,410

118 Spring St

118 Spring St

118 Spring St,
Somerset, WI 54025

2 Beds | $1,000

118 Spring St

118 Spring St

118 Spring St,
Somerset, WI 54025

2 Beds | $1,000

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Frequently Asked Questions

What is the average rent in Somerset?

The average rent in Somerset is $1,224 per month, which is 26.4% lower than the national average of $1,663.

Are rents going up or down in Somerset?

Rents in Somerset, WI are increasing, with prices up 0.9% year-over-year and $11 more per month.

What rent range is most common in Somerset?

In Somerset, WI, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity