Cheap Apartments for Rent in Homer, IL from $600 (27 Rentals)

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

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
705 W Elm St
Studio to 2 Bedroom Apartments

705 W Elm St

705 W Elm StUrbana, IL 61801
  • Utilities Included
close
View Me
302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

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.

close
View Me
Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
  • Utilities Included

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.

close
View Me
Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801
close
View Me
813 W Main
2 Bedroom Apartments

813 W Main

813 W Main StUrbana, IL 61801

Homer, IL Local Guide

Cheapest Available Homer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homer, IL is a 2 Beds unit found at Bailey Student Apartments Available 2025! priced from $900. Town & Country Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $923. Here is today’s list of the most affordable Homer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bailey Student Apartments Available 2025!901 W Springfield - 2/12BR,1BA$900
Town & Country ApartmentsCamden1BR,1BA$923
202 E Crockett2 Bedroom2BR,1BA$945
Aspen CourtThe Sugar Maple2BR,1BA$950
Eastland ApartmentsStudio ApartmentStudio,1BA$950
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1,015
905 W Springfield Ave2 Bed2BR,1BA$1,095
The Whitney ApartmentsCharming 2 Bed, 2 Bath – Perfect for Families o...2BR,2BA$1,329
Sterling on First2x2 Silver2BR,2BA$1,369
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1,675

Best Value Apartments for Rent in Homer, IL and Nearby

As of June 21, 2025 the best value apartment in the Homer area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Homer apartment is the D2 Model at Campus Circle Urbana starting at $989 with a $0.72 price per square foot in the Downtown Champaign 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.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Campus Circle UrbanaD24BR,4BA$0.72
208 N Harvey St2 Bed / 1 Bath2BR,1BA$1.18
905 W Springfield Ave3 Bed3BR,1BA$1.36
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
202 E Crockett2 Bedroom2BR,1BA$1.05
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.32
The Whitney Apartments2 bedroom - top floor and vaulted ceilings2BR,2BA$1.59
Town & Country ApartmentsJasmine1BR,1BA$1.65

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, IL Rentals by Map

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

Getting Around Homer, IL

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Homer Apartments

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

The lowest price for a Cheap One Bedroom Homer Apartment is $923 at Town & Country 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 $900 at Bailey Student Apartments Available 2025!.

What is the most affordable Homer Three Bedroom Apartment?

The best deal on a cheap Homer Three Bedroom Apartment rental is at Aspen Court and starts from $1,112.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.