460 2nd St NW
PrimgharIA51245
Cheap Homes for Rent in Heron Lake, MN from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Heron Lake.
514 4th Ave N
EdgertonMN56128
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1507 Jackson Ave
Spirit LakeIA51360
301 S Park Ave
SpringfieldMN56087
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.
Showing Results 1-4, Page 1 of 1
Heron Lake, MN Local Guide
Evening tassles by Nic McPhee is licensed under CC BY 2.0
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 | $962 | $925 | $1,000 |
| Heron Lake 3 Bedroom Homes for Rent | $1,191 | $1,000 | $1,475 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Heron Lake, MN Local Guide
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Best Value Apartments for Rent in Heron Lake, MN and Nearby
As of April 28, 2026 the best value apartment in the Heron Lake area is the $0.79 price per square foot Three Bedroom Model at Eagle Ridge Townhomes in the starting from $1,065. The second greatest value Heron Lake apartment is the 2 Bedroom - Lower Level ADA Model at Windom Landing starting at $975 with a $0.89 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. |
|---|---|---|---|
| Eagle Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $0.79 |
| Windom Landing | 2 Bedroom - Lower Level ADA | 2BR,2BA | $0.89 |
| Parkview Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.80 |
| Red Skye Lofts | 2 Bedroom | 2BR,1BA | $0.93 |
| 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 | $0.99 |
| Meadow Bloom Apartments | 2 Bedroom | 2BR,1BA | $0.79 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in Heron Lake, MN
Frequently Asked Questions about Heron Lake
What type of rentals are currently available in Heron Lake?
There are currently 77 Apartments for Rent in Heron Lake, MN with pricing that ranges from $525 to $2,300. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Heron Lake ranging from $925 to $1,475.
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 $925 to $1,475 with an average monthly rent of $1,076.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.