Average Rent in Homer, MI and Rent Price Trends

Rent trends in Homer, MI

Average rent prices in Homer have remained the same over the last month and have increased by 53% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Homer, MI

Rent prices in Homer vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Homer is $950, whereas a house costs $2,000. 1-bedroom apartments in Homer run $750 on average, while 2-bedroom apartments are $995.


Studio	$995	19%	-
1 bedroom	$885	No Change	21%
2 bedroom	$1,100	No Change	39%
3 bedroom	$1,900	No Change	54%
4 bedroom	$2,000	-	-


Apartments	$950	1%	No Change
Condos	$1,300	-	No Change
Houses	$2,000	No Change	No Change

Studio

Average rent

$995

Last 30 days

19%

1 bedroom

Average rent

$885

Last year

21%

2 bedroom

Average rent

$1,100

Last year

39%

3 bedroom

Average rent

$1,900

Last year

54%

4 bedroom

Average rent

$2,000

The table above reflects average rent prices in Homer, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Homer, MI compare to other cities?

Compare median rent prices in Homer and Albion by all bedroom counts and property types.

Homer

Median rent price$1,220

37%

lower than the national median

Median rent price$975

50%

lower than the national median

Takeaway

The median rent for all rentals in Homer, MI is 25% higher than the median rent in Albion, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$975

$1,487

$1,043

$1,010

$1,100

$1,100

$995

$950

$895

$1,225

$1,275

$1,117

Discover rentals in Homer, MI

402 South Clay Street 2019 - Photo 1 of 1

2h ago

8.8

Very good

402 South Clay Street 2019

402 S Clay St, Homer, MI 49245

3 beds

1 bath

$850

Apartment for rent

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Frequently asked questions for Homer, MI

Quick answers to common questions about the Homer rental market.

How much is rent in Homer?

The average rent in Homer is $1,220 per month as of June 4, 2026.

Is rent up or down in Homer?

Average rent prices in Homer have remained the same over the last month and have increased by 53% since last year.

How does Homer rent compare to the national average?

Rent in Homer is 37% below the national average, which means renters are paying approximately $730 less per month.

What salary do I need to afford rent in Homer?

To comfortably afford rent in Homer, you'd need to earn approximately $49,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Homer?

Homer offers excellent options for pet owners, with 83% of rental listings welcoming pets. This high percentage means pet-friendly apartments are widely available across the rental market. With an average of 6 listings available monthly, pet owners should find good selection when apartment hunting.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).