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Newest Homes for Rent in Homer, AK

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  • /6

    $2,200 Per Month

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • House for Rent

    1161 Virginia Lynn Way, Homer, AK 99603

    Lakeshore Cottage Unit D 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
  • /11

    $2,250 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    515 Soundview Unit 1, Homer, AK 99603

    Property Id: 2620311Available Mid-JulyEnjoy comfortable, modern living in this newer 3-bedroom, 2-bath upstairs apartment built in 2021. Conveniently located near South Peninsula Hospital and just minutes from downtown Homer, this home offers a partial view of Kachemak Bay and the surrounding mountains from your private deck.Features:Built in 2021Upstairs unit3

    515 Soundview Unit 1, Homer, AK 99603
  • /10

    $1,700 Per Month

    • 2 Beds
    • 1 Bath
    • 1,092 Sq Ft
    • House for Rent

    4720 Craftsman Rd, Homer, AK 99603

    Furnished luxury 2 bedroom, 1 bathroom apartment for rent with views! All new appliances, washer/dryer included, private yard. Rent is $1,600/mo includes electric, water, and gas. No Pets. This apartment is turn-key!3D Tour:

    4720 Craftsman Rd, Homer, AK 99603
  • /2

    $2,300 Per Month

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

    1177 Virginia Lynn Way, Homer, AK 99603

    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 en-suite bathroom featuring a relaxing jacuzzi

    1177 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
  • /13

    $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
  • /10

    $650 Per Month

    • Studio
    • 1 Bath
    • Townhouse for Rent

    1410 E St, Homer, AK 99603

    Cozy dry Cabin right in town, has heating, electricity and a shared outhouse. Will be available on September 1st. Utilities included Berkshire Hathaway HomeServices Alaska Realty is now accepting rental applications on behalf of the owner.These charming cabins are available for the summer only (April 1 - Sept 30). Each unit has a TV and WiFi Internet.Monthly rental is

    1410 E St, Homer, AK 99603
  • /14

    $1,650 Per Month

    • 2 Beds
    • 1 Bath
    • 1,480 Sq Ft
    • Condo for Rent

    3884 Wright St Unit A, Homer, AK 99603

    Property Id: 1649603In town duplex unit within walking distance of the hospital, schools, coffee shops, restaurants, and grocery store. Located in a quiet and private neighborhood, yet conveniently situated within the city limits, with hiking and walking trails at the end of the street.Features spacious common areas and plenty of closets and storage space, including a master

    3884 Wright St Unit A, Homer, AK 99603
  • /47

    $1,400 - $3,000

    Total Monthly Price

    • 1 - 3 Beds
    • 4 Baths
    • 900 Sq Ft
    • Condo for Rent

    3101 Kachemak Dr, Homer, AK 99603

    Newly constructed, sleek and modern apartments for rent, overlooking Kachemak Bay in Homer, Alaska. Breathtaking views. Quiet neighborhood. Beautiful environment.-900 sq ft -1 & 3 bedroom units-1st & 2nd story units -Inside city limits-Natural gas heating-Dryer and washer-Beautiful viewing deck-Gorgeous bayfront views-10-12 ft high

    3101 Kachemak Dr, Homer, AK 99603
  • /47

    $1,400 - $3,000

    Total Monthly Price

    • 1 - 3 Beds
    • 4 Baths
    • 900 Sq Ft
    • Condo for Rent

    3101 Kachemak Dr, Homer, AK 99603

    Newly constructed, sleek and modern apartments for rent, overlooking Kachemak Bay in Homer, Alaska. Breathtaking views. Quiet neighborhood. Beautiful environment.-900 sq ft -1 & 3 bedroom units-1st & 2nd story units -Inside city limits-Natural gas heating-Dryer and washer-Beautiful viewing deck-Gorgeous bayfront views-10-12 ft high

    3101 Kachemak Dr, Homer, AK 99603
  • /47

    $1,400 - $3,000

    Total Monthly Price

    • 1 - 3 Beds
    • 4 Baths
    • 900 Sq Ft
    • Condo for Rent

    3101 Kachemak Dr, Homer, AK 99603

    Newly constructed, sleek and modern apartments for rent, overlooking Kachemak Bay in Homer, Alaska. Breathtaking views. Quiet neighborhood. Beautiful environment.-900 sq ft -1 & 3 bedroom units-1st & 2nd story units -Inside city limits-Natural gas heating-Dryer and washer-Beautiful viewing deck-Gorgeous bayfront views-10-12 ft high

    3101 Kachemak 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 $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and 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 $68,000 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 $1,700 per month in Homer, AK, renters typically need to show $5,100 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 22.3, 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

Number of Homes for Rent
11
Median Rent
$1,700
Median Single Family Home Rent
$2,600
Median Townhouse Rent
$650
Median Condo Rent
$1,725
How to Rent a Home