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Rent Specials
$750 - $2,6861 to 2 Bedroom Apartments Available Now
Town & Country Apartments
1032 Kerr Ave EUrbana, IL 61802
Cheap Apartments for Rent near Homer, IL from $637 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Homer.
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$800 - $1,0501 to 3 Bedroom Apartments Available Now
Urbana Estates
1004 S Smith RdUrbana, IL 61802
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$800 - $1,4402 to 4 Bedroom Apartments Available Now
2008 S Vawter St
2008 S Vawter StUrbana, IL 61801
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$820 - $1,1892 to 4 Bedroom Apartments Available Soon
Smile Student Living - 615 S Wright
615 S Wright StChampaign, IL 61820
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$8252 Bedroom Apartments Available Now
Philo Estates Apartments
2007-2011 Philo RdUrbana, IL 61802
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$845 - $1,595Studio to 2 Bedroom Apartments Available Now
Eastland Apartments
1905 N Cunningham AveUrbana, IL 61802
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$850 - $1,1751 to 3 Bedroom Apartments Available Oct 3
Prairie Green Apartment Homes
2502 Prairie Green DrUrbana, IL 61802
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$875 - $1,300Studio to 3 Bedroom Apartments Available Now
Element on Main
502 W Main StUrbana, IL 61801
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$875 - $930
Total Monthly Price
Base Rent$875 - $930
Total Monthly Price$875 - $930
1304 Silver St - Newly Renovated
1304 Silver StUrbana, IL 61801
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$9301 Bedroom Apartments Available Now
1302 Silver St
1302 Silver StUrbana, IL 61801
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$950 - $1,3001 to 3 Bedroom Apartments Available Now
Aspen Court
1557 S Hunter StUrbana, IL 61802
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$9952 Bedroom Apartments Available Soon
University Park
908 N Broadway AveUrbana, IL 61801
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Rent Specials
$1,080 - $1,2102 Bedroom Apartments Available Now
Parkside
1205 E Florida AveUrbana, IL 61801
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$1,095 - $1,3431 to 2 Bedroom Apartments Available Now
202 Race
202 N Race StUrbana, IL 61801
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$1,102 - $1,4731 to 3 Bedroom Apartments Available Now
Stone Ridge Square
1714 E Colorado AveUrbana, IL 61802
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$1,1102 Bedroom Apartments Available Dec 7
Fairlawn Village
300 E Fairlawn DrUrbana, IL 61801
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Studio to 4 Bedroom Apartments
705 W Elm St
705 W Elm StUrbana, IL 61801
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1 Bedroom Apartments
302 W Locust St
302 W Locust StUrbana, IL 61801
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1 to 3 Bedroom Apartments
Michigan East - Campus Property Management
404 E Michigan AveUrbana, IL 61801
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1 Bedroom Apartments
106 N gregory
106 N Gregory StUrbana, IL 61801
1605 N Willow Rd
UrbanaIL61801
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1 to 2 Bedroom Apartments
808 N Lincoln Ave. Urbana, IL
808 N Lincoln AveUrbana, IL 61801
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1 Bedroom Apartments
211 N Central
211 N Central AveUrbana, IL 61801
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2 Bedroom Apartments
202 E Crockett
202 Crockett StCatlin, IL 61817
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
2507 Clifton Dr
UrbanaIL61802
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1 Bedroom Apartments
212 W High St
212 W High StUrbana, IL 61801
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2 Bedroom Apartments
Windsor Duplexes
907 E Harding DrUrbana, IL 61801
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Studio to 4 Bedroom Apartments
608 E Chalmers
608 E Chalmers StChampaign, IL 61820
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2 Bedroom Apartments
813 W Main
813 W Main StUrbana, IL 61801
904 N Broadway Ave
UrbanaIL61801
1002 E Harding Dr
UrbanaIL61801
908 N Gregory St
UrbanaIL61801
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.
913 N Gregory St
UrbanaIL61801
1905 Christopher Cir
UrbanaIL61802
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1 to 2 Bedroom Apartments
1003 W Stoughton
1003 W Stoughton StUrbana, IL 61801
Showing Results 1-35, Page 1 of 1
Homer, IL Local Guide
Sunrise over field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent an apartment in Homer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homer Studio Apartments | $1,856 | $845 | $2,470 |
| Homer 1 Bedroom Apartments | $1,386 | $750 | $2,440 |
| Homer 2 Bedroom Apartments | $1,304 | $825 | $2,686 |
| Homer 3 Bedroom Apartments | $1,258 | $738 | $2,350 |
| Homer 4 Bedroom Apartments | $1,226 | $637 | $2,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Homer
See all Apartments in HomerExplore Homer
Homer, IL Local Guide
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Cheapest Available Homer Apartments for Rent and Nearby
The cheapest available apartment rental in Homer, IL is a 1 Bed unit found at Town & Country Apartments priced from $750. 2008 S Vawter St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $800. Here is today’s list of the most affordable Homer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town & Country Apartments | Danbury | 1BR, 1BA | $750 |
| 2008 S Vawter St | 4 Beds | 4BR, 2BA | $800 |
| Philo Estates Apartments | 2BR, 1BA | 2BR, 1BA | $825 |
| Eastland Apartments | Studio Apartment | Studio, 1BA | $845 |
| 808 N Lincoln Ave. Urbana, IL | 2 Bed / 1 Bath | 2BR, 1BA | $895 |
| Urbana Estates | 2X1Urbana Estates | 2BR, 1BA | $900 |
| 1304 Silver St - Newly Renovated | 1 Bed, 1 Bath | 1BR, 1BA | $930 |
| 1302 Silver St | Fletcher St Apartments | 1BR, 1BA | $930 |
| Aspen Court | The Beech | 1BR, 1BA | $950 |
| 608 E Chalmers | $2,000 Gift Card! 5 Beds left! Available Now, f... | 4BR, 4BA | $979 |
Best Value Apartments for Rent in Homer, IL and Nearby
As of September 19, 2026 the best value apartment in the Homer area is the $0.38 price per square foot Three Bedroom Mix Model at Capstone Quarters starting from $535. The second greatest value Homer apartment is the D2 Model at Campus Circle Urbana in the Downtown Champaign neighborhood starting at $899 with a $0.66 price per square foot. 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. |
|---|---|---|---|
| Capstone Quarters | Three Bedroom Mix | 3BR, 3BA | $0.38 |
| Campus Circle Urbana | D2 | 4BR, 4BA | $0.66 |
| The Forge on Lincoln | 4x2 | 4BR, 2BA | $0.55 |
| The Foundry | 3x3 | 3BR, 3BA | $0.65 |
| 2008 S Vawter St | 3 Beds | 3BR, 1BA | $0.97 |
| 519 E. Green St by Bankier Apartments | 3 bed 3 bath - 519 E. Green St. (Move in on 8/1... | 3BR, 3BA | $1.20 |
| Urbana Estates | 2X1Urbana Estates | 2BR, 1BA | $1.07 |
| The Mansion | Individual Bedroom Leases | 3BR, 1BA | $0.61 |
| 808 N Lincoln Ave. Urbana, IL | 2 Bed / 1 Bath | 2BR, 1BA | $1.15 |
| Philo Estates Apartments | 2BR, 1BA | 2BR, 1BA | $1.11 |
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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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.
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.
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Quick Rent Budget Calculator
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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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See the most popular apartments and homes in Homer, IL
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 Eastland Apartments listed at $845.
How much is rent for a Cheap One Bedroom Homer Apartment?
The lowest price for a Cheap One Bedroom Homer Apartment is $795 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 $825 at Philo Estates Apartments.
What is the most affordable Homer Three Bedroom Apartment?
The best deal on a cheap Homer Three Bedroom Apartment rental is at Urbana Estates and starts from $1,000.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.