Cheap Apartments for Rent in Homer, IN from $300 (17 Rentals)

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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.

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.

property at 20 Wilson St

20 Wilson St

GreenfieldIN46140
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SERENITY
2 Bedroom Apartments

SERENITY

3357 W Serenity PkyConnersville, IN 47331

Homer, IN Local Guide

Cheapest Available Homer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homer, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $470. Here is today’s list of the most affordable Homer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
The CrossingsStudioStudio,1BA$595
Vita of Greenfield Independent LivingOne Bed - 671 Sqft1BR,1BA$610
Academy Place Apartments1 BR 1 Bath1BR,1BA$675

Best Value Apartments for Rent in Homer, IN and Nearby

As of July 27, 2025 the best value apartment in the Homer area is the $1.13 price per square foot HARMONY Model at Sandalwood in the starting from $1,695. The second greatest value Homer apartment is the 3 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,387 with a $1.18 price per square foot in the Southeast Indianapolis 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.
SandalwoodHARMONY3BR,2BA$1.13
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Emerald LakesWaterford2BR,2BA$1.36
Keeneland Crest ApartmentsBrentwood2BR,2BA$1.36
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.68
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.09
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Vita of Greenfield Independent LivingTwo Bed - 874 Sqft2BR,1BA$0.91
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54

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Pet Friendly Lifestyle
Homer, IN

Ranked #45

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $376 at Grand Avenue Commons.

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 $459 at Grand Avenue Commons.

What is the most affordable Homer Three Bedroom Apartment?

The best deal on a cheap Homer Three Bedroom Apartment rental is at Summit Pointe and starts from $1,382.

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.

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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.

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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.

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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.

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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.