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

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-36, Page 1 of 1

Carbon, IN Local Guide

Cheapest Available Carbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carbon, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Lakewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Carbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Lakewood ApartmentsStudioStudio,1BA$500
Sullivan Downtown Townhomes3 Bed 2.5 Bath Duplex3BR,2BA$534
Union Pointe1 Bedroom1BR,2BA$550
NorthwindThe BirchStudio,1BA$635
Arbors at Honey Creek3x23BR,2BA$706
Winston Terrace1BR/1BA1BR,1BA$725
Center City ApartmentsCity Center 11BR,1BA$750
101 Locust St2 Bedroom2BR,1BA$750
University Village Student Housing1 bd Standard1BR,1BA$760

Best Value Apartments for Rent in Carbon, IN and Nearby

As of August 21, 2025 the best value apartment in the Carbon area is the $0.80 price per square foot 4BR/4.0BA Model at Ashton Apartments in the starting from $1,200. The second greatest value Carbon apartment is the Single Family Home Model at Sullivan Downtown Townhomes starting at $1,598 with a $1.16 price per square foot . Here is today’s list of the best values for Carbon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton Apartments4BR/4.0BA4BR,4BA$0.80
Sullivan Downtown TownhomesSingle Family Home3BR,2.5BA$1.16
Arbors at Honey Creek2x22BR,2BA$0.94
Highland Terrace2 Bed 2 Bath Single Level with Washer/Dryer Con...2BR,2BA$0.96
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
The Landings1 Bedroom1BR,1BA$1.22
The Village Quarter1 Bed 1Bath1BR,1BA$1.25
101 Locust St2 Bedroom2BR,1BA$1.07
Union Pointe1 Bedroom1BR,2BA$0.92

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Carbon, IN

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Carbon Apartments

How much is rent for a Cheap One Bedroom Carbon Apartment?

The lowest price for a Cheap One Bedroom Carbon Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Carbon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carbon is starting from $417 at Historic Walnut Square.

What is the most affordable Carbon Three Bedroom Apartment?

The best deal on a cheap Carbon Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.