
Cheap Apartments for Rent in Homer, MN from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Homer.


Total Monthly Price
Key Broadway Apartments

Thousand Oaks

Galesville Greens

Grand River Station

Fairway Woods Apartments

Lakeview Manor Apartments

The Hub on 6th
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.

541 Cass St

5th Ward Residences

617 Rose St, Unit 617

Country Valley

Golfview Crossing Apartments

Elliott Arms Apartments

Great River Residences

Madison Place
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.

1551 Loomis St

Scenic View Townhomes

The Driftless Senior Apartments and Townhomes

Roosevelt School Apartments

The Residence at Belle Square

Valley View Townhomes

The Meadows (Amy Dr)

RiverPlace
Cash 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.

Field of Dreams

Hidden Glen Apartments

Stonefield Manor Senior Apartments

302 Royal St

1026 Liberty St

923 Vine St

1513 2nd St NE

1872 Deerhaven Ln NE
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.
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 | $1,010 | $525 | $1,375 |
| Homer 1 Bedroom Apartments | $1,372 | $450 | $2,550 |
| Homer 2 Bedroom Apartments | $1,570 | $746 | $3,050 |
| Homer 3 Bedroom Apartments | $1,433 | $775 | $3,000 |
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 2 Beds unit found at Galesville Greens priced from $746. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Homer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Galesville Greens | 2BR Rent based on 30% of income | 2BR,1BA | $746 |
| Lakeview Manor Apartments | Studio | Studio,1BA | $800 |
| Thousand Oaks | 2 | 2BR,1BA | $805 |
| The Hub on 6th | Studio | Studio,1BA | $850 |
| 5th Ward Residences | STUDIO w/Alcove | Studio,1BA | $899 |
| Elliott Arms Apartments | One Bedroom | 1BR,1BA | $1,020 |
| 1551 Loomis St | 1 Bed, 1 bath | 1BR,1BA | $1,045 |
| The Driftless Senior Apartments and Townhomes | 1 Bed 1 Bath (ages 55+) - 80% Income Limit | 1BR,1BA | $1,095 |
| Michael Heights | Apt 106 - 1 Bed 1 Bath | 1BR,1BA | $1,099 |
| Roosevelt School Apartments | B1 | 2BR,1BA | $1,104 |
Best Value Apartments for Rent in Homer, MN and Nearby
As of June 09, 2026 the best value apartment in the Homer area is the $1.29 price per square foot 2 Beds, 1 bath Model at Madison Place in the starting from $1,800. The second greatest value Homer apartment is the 3 BR LARGER Rooms Apt 205/305 Model at The Vine starting at $695 with a $0.55 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. |
|---|---|---|---|
| Madison Place | 2 Beds, 1 bath | 2BR,1BA | $1.29 |
| The Vine | 3 BR LARGER Rooms Apt 205/305 | 3BR,1BA | $0.55 |
| 1125-1135 State Street | 1135 State 3 BR | 3BR,1BA | $0.53 |
| Hidden Glen Apartments | 3 Bdrm Townhome 60% | 3BR,1.5BA | $1.08 |
| Field of Dreams | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.32 |
| The Meadows (Amy Dr) | 2 Bedroom Holmen | 2BR,1BA | $1.17 |
| Valley View Townhomes | Two Bedroom, 1.5 Bathroom | 2BR,1.5BA | $1.30 |
| Fairway Woods Apartments | Two Bedroom | 2BR,1BA | $1.16 |
| Thousand Oaks | 2 | 2BR,1BA | $1.15 |
| 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 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 $900 at Lakeview Manor 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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.