4

Newest Homes for Rent in Homer, AK

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  • /2

    $3,500 Per Month

    • 2 Beds
    • 2 Baths
    • 928 Sq Ft
    • House for Rent

    1177 Virginia Lynn Way, Homer, AK 99603

    Only available for the summer months!Lakeshore Cottage Unit H is a modern and stylish loft style 2-bedroom, 2-bath unit designed for comfort and convenience. Each bedroom offers direct access to the private outdoor deck. While the loft provides an abundance of storage or additional office space. Both bathrooms are out-fitted with double vanities. The primary bedroom includes an

    1177 Virginia Lynn Way, Homer, AK 99603
  • /9

    $2,100 Per Month

    • 2 Beds
    • 2 Baths
    • 928 Sq Ft
    • House for Rent

    1161 Virginia Lynn Way, Homer, AK 99603

    Lakeshore Cottage Unit E is a modern and stylish loft style 2-bedroom, 2-bath unit designed for comfort and convenience. Each bedroom offers direct access to the private outdoor deck. While the loft provides an abundance of storage or additional office space. Both bathrooms are out-fitted with double vanities. The primary bedroom includes an en-suite bathroom featuring a relaxing jacuzzi

    1161 Virginia Lynn Way, Homer, AK 99603
  • /12

    $3,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • House for Rent

    38126 Bobby Rufus Rd, Homer, AK 99603

    Luxury Kilcher home with 3 bedrooms, 2 1/2 bathrooms, furnished. Tenant pays all utilities (electric, water, oil, lawn mowing and snow removal). Available now through June 15, 2025. Pet's on approval.

    38126 Bobby Rufus Rd, Homer, AK 99603
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    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • Townhouse for Rent

    41385 Ptarmigan Heights Dr, Homer, AK 99603

    Available Now 1 Year LeasePrivate Entrance into this Spacious & Bright 3 Bed/2 Bath 1,550 sq ft unit in the downstairs of this comfortable, well-maintained home in a serene and quiet Bear Creek setting.Security Deposit: $2,400Utilities Included (tenant pays WIFI/Cable and garbage removal)1 small dog considered with owner approval and a $650 pet fee.Listed through Bay Realty, IncContact us

    41385 Ptarmigan Heights Dr, Homer, AK 99603

Frequently Asked Questions

How much does it cost to rent a home in Homer, AK?
The median rent for a home in Homer, AK is $2,100 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Homer, AK?
To comfortably afford the median rent in Homer, AK, a household needs to earn roughly $84,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,100 per month in Homer, AK, renters typically need to show $6,300 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Homer, AK?
In Homer, AK, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Homer, AK

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,100
Median Single Family Home Rent
$2,800
Median Condo Rent
$1,800
How to Rent a Home