Cheap Apartments for Rent in Homer, IN from $300 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Homer.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating 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.

property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176
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SERENITY
2 Bedroom Apartments

SERENITY

3357 W Serenity PkyConnersville, IN 47331
property at 906 W South St

906 W South St

GreenfieldIN46140
property at 4881 300W

4881 300W

New PalestineIN46163

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Homer, IN Local Guide

Cheapest Available Homer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homer, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $449. Here is today’s list of the most affordable Homer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$449
The CrossingsStudioStudio,1BA$575
Jamestown VillageThomas Jefferson1BR,1BA$933
Loper Commons.One Bedroom Apartment II1BR,1BA$966

Best Value Apartments for Rent in Homer, IN and Nearby

As of May 18, 2025 the best value apartment in the Homer area is the $1.36 price per square foot The Everest Model at Summit Pointe in the in the Southside Indianapolis neighborhood starting from $1,882. The second greatest value Homer apartment is the The Voyager 3 BR 2 BA Model at Latitudes Apartments starting at $1,752 with a $1.36 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Homer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summit PointeThe Everest3BR,2BA$1.36
Latitudes ApartmentsThe Voyager 3 BR 2 BA3BR,2BA$1.36
Washington Village ApartmentsThe Estate3BR,2BA$1.18
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.05
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.85
Beckford PlaceTwo Bed One Bath2BR,1BA$1.13
The Row ApartmentsThe Picket2BR,1BA$1.29
CrosswindsEarhart2BR,1BA$1.36
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54

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Explore Homer, IN Rentals by Map

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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 The Crossings listed at $575.

How much is rent for a Cheap One Bedroom Homer Apartment?

The lowest price for a Cheap One Bedroom Homer Apartment is $376 at Grand Avenue Commons.

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 $459 at Grand Avenue Commons.

What is the most affordable Homer Three Bedroom Apartment?

The best deal on a cheap Homer Three Bedroom Apartment rental is at Loper Commons and starts from $1,357.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.