
Cheap Homes for Rent in Heron Lake, MN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Heron Lake.


2102 Gary Ave

820 N Cedar St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

703 N 5th St

301 Luverne St.

321 9th St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Heron Lake, MN Local Guide

How much does it cost to rent a home in Heron Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Heron Lake 2 Bedroom Homes for Rent | $1,247 | $700 | $2,150 |
| Heron Lake 3 Bedroom Homes for Rent | $1,613 | $1,225 | $2,500 |
| Heron Lake 4 Bedroom Homes for Rent | $1,275 | $1,200 | $1,350 |
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Heron Lake, MN Local Guide
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Cheapest Available Heron Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Heron Lake, MN is a 1 Bed unit found at Downtown Estates priced from $525. Meadow Bloom Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $607. Here is today’s list of the most affordable Heron Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $525 |
| Meadow Bloom Apartments | 2 Bedroom | 2BR,1BA | $607 |
| Windcrest Village Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $617 |
Best Value Apartments for Rent in Heron Lake, MN and Nearby
As of December 13, 2025 the best value apartment in the Heron Lake area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Heron Lake apartment is the 2 Bedroom 2 Bath Model at 131 W 11th St starting at $950 with a $1.00 price per square foot . Here is today’s list of the best values for Heron Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
| 131 W 11th St | 2 Bedroom 2 Bath | 2BR,2BA | $1.00 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.66 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| Circle Pines Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
| 551 Lakeview Rd, Unit 1 | 551 Lakeview Rd | 1BR,1BA | $1.00 |
| 172 North St, Unit 168 | 172 North St | 1BR,1BA | $0.98 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Heron Lake
What type of rentals are currently available in Heron Lake?
There are currently 72 Apartments for Rent in Heron Lake, MN with pricing that ranges from $525 to $3,757. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Heron Lake ranging from $700 to $2,500.
What is the current price range for Rental Homes in Heron Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Heron Lake ranges from $700 to $2,500 with an average monthly rent of $1,258.
How much are larger Three and Four Bedroom Rentals in Heron Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Heron Lake range from $1,150 to $3,757, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $975.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.