
Cheap Apartments for Rent in the Homer Neighborhood of Elkhart, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homer area of Elkhart.


Woodwind Apartments

River Point West

The Retreat Apartment Homes

Stonewater at the Riverwalk
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

La Casa Estates

River Park Villa Apartments

616 W High St

1164 Bresseau St

Gladstone Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Oak Ridge Estates

20 East Elkhart

Carriage House

Ridgewood Apartments

Roosevelt Center
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Water Tower Place
Homer, Elkhart, IN Local Guide

How much does it cost to rent an apartment in Homer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homer Studio Apartments | $1,031 | $605 | $1,445 |
| Homer 1 Bedroom Apartments | $1,184 | $655 | $1,845 |
| Homer 2 Bedroom Apartments | $1,330 | $810 | $3,505 |
| Homer 3 Bedroom Apartments | $1,563 | $940 | $3,174 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Homer Neighborhood of Elkhart, IN.
See all Apartments in ElkhartExplore Elkhart
Homer, Elkhart, IN Local Guide
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Cheapest Available Homer Apartments for Rent
 The cheapest available apartment rental in the Homer area of South Bend, IN is a 1 Bed unit found at Old Farm Apartments priced from $890. River Point West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,163. Here are the most affordable Homer apartments for rent in South Bend, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Old Farm Apartments | One Bedroom | 1BR,1BA | $890 |
| River Point West | 1/1 | 1BR,1BA | $1,163 |
| The Delta | The Irish | Studio,1BA | $1,445 |
| Stonewater at the Riverwalk | A1 | 1BR,1BA | $1,575 |
Best Value Apartments for Rent in Homer, IN
As of June 14, 2026 the best value apartment in the Homer area is the $1.58 price per square foot 2/2 Model at River Point West in the in the East Jackson neighborhood starting from $1,689. The second greatest value Homer apartment is the A1 Model at Stonewater at the Riverwalk starting at $1,575 with a $2.05 price per square foot in the East Jackson 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. |
|---|---|---|---|
| River Point West | 2/2 | 2BR,2BA | $1.58 |
| Stonewater at the Riverwalk | A1 | 1BR,1BA | $2.05 |
| The Delta | The Irish | Studio ,1BA | $2.38 |
| Old Farm Apartments | One Bedroom | 1BR,1BA | $1.59 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleHomer, Elkhart, IN
Ranked #41
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 Delta listed at $1,445.
How much is rent for a Cheap One Bedroom Homer Apartment?
The lowest price for a Cheap One Bedroom Homer Apartment is $890 at Old Farm Apartments.
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 $1,689 at River Point West.
Expert Rental Resources
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.
Articles, How-To's, and Tips

The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.