
Cheap Apartments for Rent near Homer, MN from $450 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Homer.


Total Monthly Price
Key Broadway Apartments

Stonefield Manor Senior Apartments

Thousand Oaks

Galesville Greens

Fairway Woods Apartments

Lakeview Manor Apartments

The Hub on 6th

Great River Residences
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Country Valley

Golfview Crossing Apartments

The Driftless Senior Apartments and Townhomes

Garden Terrace Apartments

Elliott Arms Apartments

Scenic View Townhomes

Roosevelt School Apartments

Grand River Station

Valley View Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

River's Edge Apartments

The Meadows (Amy Dr)

The Residences at 843 Oak

Halfway Creek Apartments

Hidden Glen Apartments

Madison Place

Field of Dreams

Washington Crossing

Pine Ridge Apartment Homes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
The Exchange

Cameron Park

RIVER BEND ESTATES

Washburn On The Park

Grasslands Apartments

The Abbey

Aguilera

1125-1135 State Street

38545 County Road 104, Unit 1
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.

109 W Oak St

1026 Liberty St

1551 Loomis St

303 Rose St

19714 Kneeland Ave

16899 S 12th St

1407 4th St S

1120 Gillette St

764 Neville Ct SE
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.

1127 Liberty St

16591 Heuston St

415 Market St
Homer, MN Local Guide

How much does it cost to rent an apartment in Homer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homer Studio Apartments | $924 | $580 | $1,375 |
| Homer 1 Bedroom Apartments | $1,255 | $450 | $2,550 |
| Homer 2 Bedroom Apartments | $1,445 | $746 | $3,050 |
| Homer 3 Bedroom Apartments | $1,547 | $786 | $2,700 |
| Homer 4 Bedroom Apartments | $2,340 | $2,340 | $2,340 |
Browse Top Apartments in Homer
See all Apartments in HomerExplore Homer
Homer, MN Local Guide
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Cheapest Available Homer Apartments for Rent and Nearby
 The cheapest available apartment rental in Homer, MN is a 1 Bed unit found at Stonefield Manor Senior Apartments priced from $675. Thousand Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here is today’s list of the most affordable Homer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonefield Manor Senior Apartments | 1B40 | 1BR,1BA | $675 |
| Thousand Oaks | 1 | 1BR,1BA | $705 |
| Galesville Greens | 2BR Rent based on 30% of income | 2BR,1BA | $746 |
| Lakeview Manor Apartments | Studio | Studio,1BA | $800 |
| The Hub on 6th | Studio | Studio,1BA | $850 |
| Elliott Arms Apartments | Deluxe Corner Studio (Includes Heat) | Studio,1BA | $970 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $979 |
| Michael Heights | Apt 101 - 1 Bed 1 Bath | 1BR,1BA | $999 |
| Scenic View Townhomes | Two Bedroom/One & Half Bathroom | 2BR,1BA | $1,088 |
| Roosevelt School Apartments | A1 | 1BR,1BA | $1,122 |
Best Value Apartments for Rent in Homer, MN and Nearby
As of September 08, 2026 the best value apartment in the Homer area is the $0.95 price per square foot Three Bedroom/One & Half Bathroom Model at Scenic View Townhomes in the starting from $1,236. The second greatest value Homer apartment is the 1135 State 3 BR Model at 1125-1135 State Street starting at $1,500 with a $1.22 price per square foot in the Downtown La Crosse neighborhood. Here is today’s list of the best values for Homer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Scenic View Townhomes | Three Bedroom/One & Half Bathroom | 3BR,1.5BA | $0.95 |
| 1125-1135 State Street | 1135 State 3 BR | 3BR,1BA | $1.22 |
| Valley View Townhomes | Two Bedroom with basement | 2BR,1BA | $1.21 |
| Hidden Glen Apartments | 3 Bdrm Townhome 60% | 3BR,1.5BA | $1.08 |
| The Meadows (Amy Dr) | 3 Bedroom | 3BR,1BA | $1.18 |
| Field of Dreams | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.32 |
| Stonefield Manor Senior Apartments | 2B60 | 2BR,1BA | $1.03 |
| Roosevelt School Apartments | A1 | 1BR,1BA | $1.29 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.27 |
| Galesville Greens | 2BR Rent based on 30% of income | 2BR,1BA | $1.07 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Homer, MN Rentals by Map
See the most popular apartments and homes in Homer, MN
Frequently Asked Questions about Cheap Homer Apartments
What is the Cheapest Studio apartment in Homer?
Currently the most affordable Cheap Studio Apartment in Homer is at Lakeview Manor Apartments listed at $800.
How much is rent for a Cheap One Bedroom Homer Apartment?
The lowest price for a Cheap One Bedroom Homer Apartment is $675 at Stonefield Manor Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Homer Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Homer is starting from $746 at Galesville Greens.
What is the most affordable Homer Three Bedroom Apartment?
The best deal on a cheap Homer Three Bedroom Apartment rental is at Galesville Greens and starts from $786.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.