Cheap Apartments for Rent in Carlisle, IN from $300 (45 Rentals)

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

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.

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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.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included

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.

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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
  • Utilities Included

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.

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The Deming
Studio to 2 Bedroom Apartments

The Deming

615 Cherry StTerre Haute, IN 47807

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.

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Carlisle, IN Local Guide

Cheapest Available Carlisle Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carlisle, IN is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Carlisle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Southern Meadows Senior Living1 Bed Apt1BR,1BA$650
The Annex of Terre HauteStudio CStudio,1BA$680
Cine Senior ApartmentsTwo Bedroom2BR,1BA$690
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$750
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$750
Springhill Apartments1 Bedroom1BR,1BA$750
Woodland Springs1 Bedroom1BR,1BA$775

Best Value Apartments for Rent in Carlisle, IN and Nearby

As of June 11, 2026 the best value apartment in the Carlisle area is the $1.10 price per square foot Avalon - 3 Model at Cobblestone Crossings Apartments in the starting from $1,370. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone Crossings ApartmentsAvalon - 33BR,2BA$1.10
Arbors at Honey Creek2x22BR,2BA$0.57
NorthwindThe Maple2BR,2BA$0.82
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.10
Winston Terrace2BR/1BA2BR,1BA$0.94
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$0.90
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.02
Woodland Springs1 Bedroom1BR,1BA$1.05
Sycamore Place2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,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.

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Real 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.

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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.

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

Explore Carlisle, IN Rentals by Map

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See the most popular apartments and homes in Carlisle, IN

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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 The Annex of Terre Haute listed at $680.

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

The lowest price for a Cheap One Bedroom Carlisle Apartment is $525 at Anthony Square Senior Apartments.

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 $610 at Arbors at Honey Creek.

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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.