Cheap Apartments for Rent in Homer, IN from $300 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 202 E Taylor St

202 E Taylor St

ShelbyvilleIN46176
close
View Me
SERENITY
2 Bedroom Apartments

SERENITY

3357 W Serenity PkyConnersville, IN 47331
Showing Results 1-22, Page 1 of 1

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 Studio apartment currently listed from $620. 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 APARTMENTSStudioStudio,1BA$620
Beckford PlaceOne Bed One Bath1BR,1BA$879
Keeneland Crest ApartmentsClassic1BR,1BA$999
Jamestown VillageJames Madison2BR,1BA$1,010

Best Value Apartments for Rent in Homer, IN and Nearby

As of March 19, 2025 the best value apartment in the Homer area is the $0.73 price per square foot 1966 Freedom Ct Model at 1966 Freedom Ct in the starting from $2,165. The second greatest value Homer apartment is the L3-SUN Model at The Links at Franklin starting at $2,200 with a $1.16 price per square foot in the Cityview Farm 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.
1966 Freedom Ct1966 Freedom Ct4BR,2.5BA$0.73
The Links at FranklinL3-SUN3BR,2BA$1.16
1624 Wagner Dr1624 Wagner Dr3BR,2.5BA$0.97
Brixin FranklinD1r3BR,2BA$1.20
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Washington Village ApartmentsThe Gable2BR,2BA$1.19
The Row ApartmentsThe Lattice3BR,1BA$1.32
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.85
Jamestown VillageJames Madison2BR,1BA$1.22
Grand Avenue Commons1 Bed, 1 bath1BR,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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Homer, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Homer, IN

View MapHomer, IN Apartments MapView MapHomer, IN Rental Homes Map

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.