Cheap Homes for Rent in Homer, IN from $600 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

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.

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 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 ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
The CrossingsStudioStudio,1BA$595
Beckford PlaceStudioStudio,1BA$649
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$709

Best Value Apartments for Rent in Homer, IN and Nearby

As of January 28, 2026 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 E1r Model at Brixin Franklin starting at $1,699 with a $1.16 price per square foot in the Cityview Farm 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.
The Links at FranklinL33BR,2BA$1.18
Brixin FranklinE1r4BR,2BA$1.16
Summit PointeThe Everest3BR,2BA$1.14
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.21
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Academy Place Apartments2 BR 2 Bath2BR,1BA$0.94
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.01
403 E Washington St1BR/1.0BA1BR,1BA$1.25

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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, IN Rentals by Map

View Map
Homer, IN Apartments Map
View Map
Homer, IN Rental Homes Map

Frequently Asked Questions about Homer

What type of rentals are currently available in Homer?

There are currently 55 Apartments for Rent in Homer, IN with pricing that ranges from $595 to $2,750. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homer ranging from $645 to $3,995.

What is the current price range for Rental Homes in Homer?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Homer ranges from $645 to $3,995 with an average monthly rent of $1,746.

How much are larger Three and Four Bedroom Rentals in Homer?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Homer range from $1,175 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,800.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.