close
View Me
Rent Specials
from $3761 to 2 Bedroom Apartments Available Now
Grand Avenue Commons
1628 A AveNew Castle, IN 47362
Cheap Apartments for Rent in Homer, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Homer.
close
View Me
from $449Studio to 2 Bedroom Apartments Available Now
LINCOLN PARK APARTMENTS
600 W North StGreenfield, IN 46140
close
View Me
from $575Studio to 1 Bedroom Apartments Available Now
The Crossings
3600 Western AveConnersville, IN 47331
close
View Me
Rent Specials
from $799Studio to 2 Bedroom Apartments Available Now
Beckford Place
2900 S Memorial DrNew Castle, IN 47362
close
View Me
from $8601 to 3 Bedroom Apartments Contact Us For Availability
Bristol Square
10333 E 25th StIndianapolis, IN 46229
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.
close
View Me
Rent Specials
from $8911 to 3 Bedroom Apartments Available Now
Jamestown Village
1001 W Colonial DrNew Castle, IN 47362
close
View Me
from $8951 to 3 Bedroom Apartments Contact Us For Availability
Cimarron Place
1713 Cimarron Place DrShelbyville, IN 46176
106 W Broadway St
ShelbyvilleIN46176
108 W Pennsylvania St
ShelbyvilleIN46176
129 W Hendricks St
ShelbyvilleIN46176
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.
316 E Franklin St
ShelbyvilleIN46176
202 E Taylor St
ShelbyvilleIN46176
close
View Me
close
View Me
906 W South St
GreenfieldIN46140
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.
4881 300W
New PalestineIN46163
2142 W US Hwy 40
GreenfieldIN46140
Showing Results 1-17, Page 1 of 1
Homer, IN Local Guide
Autumn color by Steve Baker is licensed under CC BY 2.0
How much does it cost to rent an apartment in Homer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homer Studio Apartments | $799 | $575 | $1,390 |
| Homer 1 Bedroom Apartments | $1,136 | $376 | $1,934 |
| Homer 2 Bedroom Apartments | $1,460 | $459 | $3,389 |
| Homer 3 Bedroom Apartments | $1,796 | $1,225 | $2,988 |
| Homer 4 Bedroom Apartments | $1,736 | $1,581 | $1,900 |
Browse Top Apartments in Homer
See all Apartments in HomerExplore Homer
Homer, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $376 |
| LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $449 |
| The Crossings | Studio | Studio,1BA | $575 |
| Jamestown Village | Thomas Jefferson | 1BR,1BA | $933 |
| Loper Commons | .One Bedroom Apartment II | 1BR,1BA | $966 |
Best Value Apartments for Rent in Homer, IN and Nearby
As of May 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summit Pointe | The Everest | 3BR,2BA | $1.36 |
| Latitudes Apartments | The Voyager 3 BR 2 BA | 3BR,2BA | $1.36 |
| Washington Village Apartments | The Estate | 3BR,2BA | $1.18 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.18 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.05 |
| LINCOLN PARK APARTMENTS | Two Bedrooms One Bathroom | 2BR,1BA | $0.85 |
| Beckford Place | Two Bed One Bath | 2BR,1BA | $1.13 |
| The Row Apartments | The Picket | 2BR,1BA | $1.29 |
| Crosswinds | Earhart | 2BR,1BA | $1.36 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
Quick 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.
Let everyone know!
Do you know the Homer area?
If you’re an expert on all things Homer, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Homer, IN Rentals by Map
See the most popular apartments and homes in Homer, IN
Homer, IN Apartments MapHomer, IN Rental Homes MapFrequently 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.
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.
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.
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.
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.