Cheap Apartments for Rent in Homecroft, IN from $700 (39 Rentals)

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

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.

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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.

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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.

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Encore Apartments
Studio to 2 Bedroom Apartments

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
Affordability
  • Utilities Included
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Stonehedge Apartments
1 to 2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
Corporate Housing
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Homecroft, IN Local Guide

Cheapest Available Homecroft Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homecroft, IN is a Studio unit found at 5700 Madison Apartments & Edgewood on Madison in the Winchester Village neighborhood priced from $790. Brookwood Apartments in the Shelby Street-Epler Avenue neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $796. Here is today’s list of the most affordable Homecroft apartments for rent:

Apartment ListingModel NameBed/BathPriced From
5700 Madison Apartments & Edgewood on MadisonEdgewood - CypressStudio,1BA$790
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$796
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850
The SterlingThe Lexington1BR,1BA$850
Thompson Village ApartmentsOne Bedroom Apartment1BR,1BA$850
Buckridge at Southport1BR/1.0BA1BR,1BA$875
Greentree Apartments1x1 Classic1BR,1BA$889
Capital PlaceOne Bedroom One Bath1BR,1BA$899
Sherman VillageGarden Apt1BR,1BA$925

Best Value Apartments for Rent in Homecroft, IN and Nearby

As of July 02, 2026 the best value apartment in the Homecroft area is the $1.27 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,699. The second greatest value Homecroft apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,090 with a $1.09 price per square foot in the Shelby Street-Epler Avenue neighborhood. Here is today’s list of the best values for Homecroft apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.27
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.09
Oak ParkB2 Timber Upgrade2BR,1BA$1.21
Berkley CommonsTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.27
SOUTHPORT AT BUCK CREEK2 Bedroom2BR,1BA$1.34
Martinique Terrace1 Bed/1 Ba Up Mini W/D1BR,1BA$1.18
The SterlingThe Lexington1BR,1BA$1.15
Buckridge at Southport1BR/1.0BA1BR,1BA$1.22
Sherman VillageGarden Apt1BR,1BA$1.28
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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.

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Real 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.

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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.

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

Explore Homecroft, IN Rentals by Map

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Frequently Asked Questions about Cheap Homecroft Apartments

What is the Cheapest Studio apartment in Homecroft?

Currently the most affordable Cheap Studio Apartment in Homecroft is at 5700 Madison Apartments & Edgewood on Madison listed at $790.

How much is rent for a Cheap One Bedroom Homecroft Apartment?

The lowest price for a Cheap One Bedroom Homecroft Apartment is $796 at Brookwood Apartments.

What is the lowest price for a Cheap Two Bedroom Homecroft Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Homecroft is starting from $892 at Brookwood Apartments.

What is the most affordable Homecroft Three Bedroom Apartment?

The best deal on a cheap Homecroft Three Bedroom Apartment rental is at Brookwood Apartments and starts from $1,332.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.