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.

property at 113 W 5th St

113 W 5th St

GreenfieldIN46140
property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176
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2 Bedroom Apartments

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3357 W Serenity PkyConnersville, IN 47331
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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
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$989
Beckford PlaceTwo Bed One Bath2BR,1BA$999
Loper CommonsOne Bedroom Apartment I1BR,1BA$1,000

Best Value Apartments for Rent in Homer, IN and Nearby

As of April 15, 2025 the best value apartment in the Homer area is the $1.16 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,200. The second greatest value Homer apartment is the 4 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,757 with a $1.31 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.
The Links at FranklinL3-SUN3BR,2BA$1.16
The Life at Belhaven Place4 Bed 2 Bath4BR,2BA$1.31
Washington Village ApartmentsThe Estate3BR,2BA$1.18
CrosswindsLindbergh3BR,2BA$1.15
Keeneland Crest ApartmentsCamden2BR,1BA$1.11
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.03
Beckford PlaceTwo Bed One Bath2BR,1BA$1.16
Jamestown VillageJames Madison2BR,1BA$1.22
LINCOLN PARK APARTMENTSStudioStudio ,1BA$0.78
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54

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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 LINCOLN PARK APARTMENTS listed at $620.

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 Jamestown Village and starts from $1,214.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.