Cheap Apartments for Rent in Homer, IN from $300 (36 Rentals)

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

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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Summit Pointe
$955 - $1,739
Total Monthly Price

Total Monthly Price

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$923 - $1,707
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1 to 3 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
Corporate Housing
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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.

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SERENITY
2 Bedroom Apartments

SERENITY

3357 W Serenity PkyConnersville, IN 47331

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.

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Showing Results 1-36, Page 1 of 1

Homer, IN Local Guide

Cheapest Available Homer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homer, IN is a Studio unit found at The Crossings priced from $595. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Homer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The CrossingsStudioStudio,1BA$595
LINCOLN PARK APARTMENTSStudioStudio,1BA$645
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
The MillPembertonStudio,1BA$690
Beckford PlaceOne Bed One Bath1BR,1BA$750
Willowood EastStudioStudio,1BA$775
Grand Avenue Commons2 Beds, 1.5 baths2BR,1BA$799
Jamestown VillageThomas Jefferson1BR,1BA$829
Knoll Ridge Townhomes1 Bed, 1 Bath1BR,1BA$850
Bristol Square1 Bedroom Loft1BR,1BA$910

Best Value Apartments for Rent in Homer, IN and Nearby

As of March 14, 2026 the best value apartment in the Homer area is the $1.11 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,799. The second greatest value Homer apartment is the 3 Bed 2 Bath Model at Knightstown Villas starting at $1,175 with a $1.12 price per square foot . 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.
The Links at FranklinL33BR,2BA$1.11
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
Reflections I2x2 60%cs2BR,1BA$1.25
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
Grand Avenue Commons2 Beds, 1.5 baths2BR,1.5BA$0.89
Summit PointeThe Tanzania1BR,1BA$1.27
Academy Place Apartments2 BR 2 Bath2BR,1BA$0.94
Bristol Square1 Bedroom Loft1BR,1.5BA$1.13
LINCOLN PARK APARTMENTSStudioStudio ,1BA$0.81
Cumberland Manor2 Bedroom 1 Bath2BR,1BA$1.20

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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The 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.

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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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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!

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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 $675 at Academy Place 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 $795 at The Crossings.

What is the most affordable Homer Three Bedroom Apartment?

The best deal on a cheap Homer Three Bedroom Apartment rental is at Knightstown Villas and starts from $1,175.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.