I am a lone programmer working on many .Net projects. I work alone and I didn\'t used version control till now. Just recently I learned the benefits of using version control. As
https://riouxsvn.com/ provides a free subversion hosting, and very simple to use. It is very suitable for personal use or small scale projects.
I'm not sure about GoDaddy, but you shouldn't have any issues developing in a disconnected mode with Subversion. As for other hosts, you could try ProjectLocker.
You may want to look into other version control systems which aren't based on a central server. Git is the most popular choice these days.
Also, if your project is opensource GitHub is free and does all the trouble for you. It will cost if you host commercial projects.
Update:
Just to clarify my response, the way i see he's asking 2 questions, first is asking how to use subversion in his non-centralized environment OR use free hosted alternatives.
He seems to be just starting with version control, and doesn't know too many other options. I'm entirely fine with him using a free subversion hosted service, i just mentioned an alternative who natively does what he was pretending to do in the first place with his 3 computers and subversion.
This is not a comment like "omg! your [scm] sucks!!11!, just use my loved [anotherscm]!!"
Update: (response to @Yogesh)
Actually the fact that is "merge based" is a what makes it able to work decentralized and full featured while offline, it makes a breeze working with branches because actually each working copy is a branch, while branching in Subversion is a pain. I don't work too much with binaries, but by reading a bit don't think Git has much problems with them (1 | 2).
Git is not better or worse than Subversion, it depends entirely on your needs. Again, your pick, i was just pointing that Git could be a good fit to your needs, even if you're not in a team.
First, GoDaddy does not allow for Subversion to be installed. It's a seperate service that runs to provide a web-like interface - not a hosting account.
With that said, there are a few free versions still out there.
I vote for CodePlex as it's free, and uses Subversion (through the TFS hook), as well as giving you forums, documentation areas, etc.:
http://www.codeplex.com
Additionally, Google Code is also subversion-based (I kind of like the CodePlex community better though):
http://code.google.com
If you want something more private, I recommend Unfuddle as they have a free version. Just don't check in big files.
http://www.unfuddle.com
Another private one is Project Locker:
http://www.projectlocker.com
Lastly, I highly recommend picking up and reading a Subversion book on practical uses of Subverison, organizating your multiple projects, and proper branch/merge management.
Version control with SubVersion
You can also read it for free here: http://svnbook.red-bean.com/ But, it's a very long dry read. I highly recommend picking up the book to thumb through down the road.
I use assembla for my personal projects. Its free and has been good so far.
I am a lone coder that uses subversion. I was unable to use shared hosting to host my code, but it was not that hard to setup apache and subversion on my xp machine at home. I then bought a cheap domain at godaddy.com that pointed to my home.
Subversion for Windows with Apache server