
Cheap Homes for Rent in Heron Lake, MN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Heron Lake.


460 2nd St NW
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.

404 W 1st St

305 S Broadway 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.

401 E Thomas Ave, Unit 3
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 | $1,071 | $860 | $1,550 |
| Heron Lake 4 Bedroom Homes for Rent | $1,725 | $1,350 | $2,100 |
Browse Top Homes for Rent in Heron Lake
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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 Country Side priced from $425. 512 Vernon Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Heron Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Side | 1 Bedroom | 1BR,1BA | $425 |
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
Best Value Apartments for Rent in Heron Lake, MN and Nearby
As of June 12, 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 - Upper Level Model at Windom Landing starting at $975 with a $0.84 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 - Upper Level | 2BR,2BA | $0.84 |
| Parkview Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.80 |
| Prairie Trail Village | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.07 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Heron Lake, MN Rentals by Map
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 78 Apartments for Rent in Heron Lake, MN with pricing that ranges from $595 to $2,160. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Heron Lake ranging from $860 to $2,100.
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 $860 to $2,100 with an average monthly rent of $1,235.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.