
Cheap Apartments for Rent in Homer, IN from $300 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Homer.


LINCOLN PARK APARTMENTS

The Crossings

Beckford Place

Bristol Square

Jamestown Village
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.

Cimarron Place

106 W Broadway St

214 W Franklin St

108 W Pennsylvania St

129 W Hendricks St

316 E Franklin St
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.

202 E Taylor St

48 E Mechanic St

906 W South St

4881 300W
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.

2142 W US Hwy 40
Homer, IN Local Guide

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 | $1,133 | $376 | $1,934 |
Homer 2 Bedroom Apartments | $1,459 | $459 | $3,389 |
Homer 3 Bedroom Apartments | $1,800 | $1,225 | $2,988 |
Homer 4 Bedroom Apartments | $1,736 | $1,581 | $1,900 |
Browse Top Apartments in Homer
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Homer, IN Local Guide
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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 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 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 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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.

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.