
Cheap Apartments for Rent in Carlisle, IN from $300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Carlisle.


Cine Senior Apartments

River Valley Apartments

Anthony Square Senior Apartments

Arbors at Honey Creek

Union Pointe

Springhill Apartments

Northwind
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Southern Meadows Senior Living

Winston Terrace

Woodland Springs

Harrison West

Willow Crossings

THE GROVE AT FARRINGTON

The Village Quarter

Lakewood Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Riverside Apartments

Elmdale Apartments

Ashton Apartments

The Deming

Basswood Apartments

The Landings

Indian Trail Apartments

Historic Walnut Square
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

143 E Griffith St

Sugar Creek Crossing

Newton Senior Housing

1103 Broadway St

2015 Washington Ave

626 E Curry Dr

1520 Main St

415 N Section St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1712 E Morgan Dr

108 E Main St

1268 E Dawn Dr

Ironton at Shoals

4276 S Kian St

1822 E Southern Manor Dr

207 Lincoln Dr

824 E Harris St
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.

7452 IN-59
Carlisle, IN Local Guide

How much does it cost to rent an apartment in Carlisle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carlisle Studio Apartments | $883 | $425 | $1,329 |
| Carlisle 1 Bedroom Apartments | $1,272 | $525 | $1,619 |
| Carlisle 2 Bedroom Apartments | $1,331 | $460 | $2,275 |
| Carlisle 3 Bedroom Apartments | $1,722 | $549 | $2,615 |
| Carlisle 4 Bedroom Apartments | $1,225 | $399 | $1,980 |
Browse Top Apartments in Carlisle
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Carlisle, IN Local Guide
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Cheapest Available Carlisle Apartments for Rent and Nearby
 The cheapest available apartment rental in Carlisle, IN is a 2 Beds unit found at River Valley Apartments in the Downtown Terre Haute neighborhood priced from $460. Springhill Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Carlisle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $460 |
| Springhill Apartments | Efficiency - 1 Person | Studio,1BA | $550 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Northwind | The Hickory | 1BR,1BA | $650 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $650 |
| Anthony Square Senior Apartments | 2 BR, 1 BA | 2BR,1BA | $662 |
| Cine Senior Apartments | Two Bedroom | 2BR,1BA | $690 |
| Harrison West | 1 Bedroom | 1BR,1BA | $725 |
| Winston Terrace | 1BR/1BA | 1BR,1BA | $725 |
Best Value Apartments for Rent in Carlisle, IN and Nearby
As of July 26, 2026 the best value apartment in the Carlisle area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the in the Gibson County neighborhood starting from $1,650. The second greatest value Carlisle apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Carlisle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $0.50 |
| THE GROVE AT FARRINGTON | 2 Bed 1 Bath | 2BR,1BA | $0.90 |
| The Annex of Terre Haute | 2 Bed 1 Bath | 2BR,1BA | $0.77 |
| Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $0.97 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $0.98 |
| Harrison West | 1 Bedroom | 1BR,1BA | $1.08 |
| Sycamore Place | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carlisle, IN Rentals by Map
See the most popular apartments and homes in Carlisle, IN
Frequently Asked Questions about Cheap Carlisle Apartments
What is the Cheapest Studio apartment in Carlisle?
Currently the most affordable Cheap Studio Apartment in Carlisle is at Springhill Apartments listed at $550.
How much is rent for a Cheap One Bedroom Carlisle Apartment?
The lowest price for a Cheap One Bedroom Carlisle Apartment is $550 at Union Pointe.
What is the lowest price for a Cheap Two Bedroom Carlisle Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Carlisle is starting from $460 at River Valley Apartments.
What is the most affordable Carlisle Three Bedroom Apartment?
The best deal on a cheap Carlisle Three Bedroom Apartment rental is at Arbors at Honey Creek and starts from $706.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.