
Cheap Apartments for Rent in Homer, IN from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Homer.


The Crossings

Academy Place Apartments

Beckford Place

Grand Avenue Commons

403 E Washington St

Elmtree Park

Willowood East
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.

Jamestown Village

Bristol Square

Water Dance Apartments

Cimarron Place

Reflections I

Cumberland Manor

Knightstown Villas
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.

Washington Village Apartments

Loper Commons

Martin Estates Apartments

Summit Pointe

St. Andrews

Knoll Ridge Townhomes & Apartments

The 85Twenty

Greenfield Village
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.

Sugar Creek Apartments

Historic Greensburg - 55+ Senior Living

116.5 Montgomery St

316 E Franklin St

129 W Hendricks St

202 E Taylor St

106 W Broadway St

617 W Franklin St
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.

424 S Pike St

632 S State St

229 W Pennsylvania St

217 N Hamilton St

48 E Mechanic St

4881 300W

2950 W U.S. 52
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.

170 Habig St

828 S West St

228 Tague St
Homer, IN Local Guide

How much does it cost to rent an apartment in Homer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homer Studio Apartments | $777 | $595 | $1,360 |
| Homer 1 Bedroom Apartments | $1,061 | $670 | $1,920 |
| Homer 2 Bedroom Apartments | $1,368 | $795 | $2,250 |
| Homer 3 Bedroom Apartments | $1,651 | $1,075 | $2,750 |
| Homer 4 Bedroom Apartments | $1,812 | $1,800 | $1,900 |
Browse Top Apartments in Homer
See all Apartments in HomerExplore Homer
Homer, IN Local Guide
- Nearby Cities
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Cheapest Available Homer Apartments for Rent and Nearby
 The cheapest available apartment rental in Homer, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $470. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Homer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $470 |
| The Crossings | Studio | Studio,1BA | $595 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Beckford Place | Studio | Studio,1BA | $699 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $709 |
| 403 E Washington St | 1BR/1.0BA | 1BR,1BA | $750 |
| Jamestown Village | Thomas Jefferson | 1BR,1BA | $829 |
| LILA | One Bed - 671 Sqft | 1BR,1BA | $830 |
| Bristol Square | 1 Bedroom Loft | 1BR,1BA | $860 |
| Elmtree Park | 1 Bed 1 Bath | 1BR,1BA | $925 |
Best Value Apartments for Rent in Homer, IN and Nearby
As of December 12, 2025 the best value apartment in the Homer area is the $1.18 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,899. The second greatest value Homer apartment is the 2 Bed 1.5 Bath Model at Knightstown Villas starting at $975 with a $0.93 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. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.18 |
| Knightstown Villas | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.93 |
| Reflections I | 2x2 60%csv | 2BR,1BA | $1.25 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| LINCOLN PARK APARTMENTS | Two Bedrooms One Bathroom | 2BR,1BA | $0.89 |
| Academy Place Apartments | 2 BR 2 Bath | 2BR,1BA | $0.94 |
| Summit Pointe | The Columbus | 1BR,1BA | $1.22 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.24 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.01 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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, IN
Ranked #45
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Homer, IN Rentals by Map
See the most popular apartments and homes in Homer, IN
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 Crossings listed at $595.
How much is rent for a Cheap One Bedroom Homer Apartment?
The lowest price for a Cheap One Bedroom Homer Apartment is $470 at LINCOLN PARK 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 $780 at LINCOLN PARK APARTMENTS.
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
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

