
Cheap Apartments for Rent near Carlisle, IN from $425 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Carlisle.


Anthony Square Senior Apartments

Arbors at Honey Creek

Union Pointe

Northwind

Southern Meadows

Woodland Springs

Harrison West

Winston Terrace
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.

Willow Crossings

Lakewood Apartments

THE GROVE AT FARRINGTON

Ashton Apartments

Elmdale Apartments

Total Monthly Price
Riverside Apartments

Springhill Apartments

The Village Quarter

The Deming
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.

Basswood Apartments

The Village

The Landings

1117 N State St

Indian Trail Apartments

Historic Walnut Square

Sugar Creek Crossing

Newton Senior Housing

110 Daleview Dr
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.

626 E Curry Dr

100 Daleview Dr

1103 Broadway St

1244 E Dawn Dr

1931 College Ave

2025 College Ave

1520 Main St

1465 S 18th St

1818 E Morgan Dr
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.

2875 S 6th St

332 N French St

Ironton at Shoals

1001 E Voorhees St

209 Damon Dr

2765 Noel Ln

1119 N State St

207 Lincoln Dr

1419 S 11th 1/2 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.
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 | $950 | $425 | $1,259 |
| Carlisle 1 Bedroom Apartments | $1,239 | $525 | $1,739 |
| Carlisle 2 Bedroom Apartments | $1,368 | $519 | $2,275 |
| Carlisle 3 Bedroom Apartments | $1,713 | $549 | $2,615 |
| Carlisle 4 Bedroom Apartments | $1,307 | $425 | $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 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Sycamore Place in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Carlisle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Sycamore Place | 3 Bedroom 1.5 Bathroom Townhouse Fall 2026 | 3BR,1BA | $549 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Northwind | The Hickory | 1BR,1BA | $660 |
| Cine Senior Apartments | Two Bedroom | 2BR,1BA | $690 |
| Southern Meadows | 1 Bed Apt | 1BR,1BA | $695 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $725 |
| Willow Crossings | Phase I - Studio | Studio,1BA | $730 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $750 |
Best Value Apartments for Rent in Carlisle, IN and Nearby
As of September 10, 2026 the best value apartment in the Carlisle area is the $1.09 price per square foot Barcelona - 2.Lower.Garage Model at Cobblestone Crossings Apartments in the starting from $1,716. The second greatest value Carlisle apartment is the 3BR Villa Model at Circle Point Villas starting at $1,595 with a $1.04 price per square foot in the Gibson County 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. |
|---|---|---|---|
| Cobblestone Crossings Apartments | Barcelona - 2.Lower.Garage | 2BR,2BA | $1.09 |
| Circle Point Villas | 3BR Villa | 3BR,2BA | $1.04 |
| The Annex of Terre Haute | 4 Bed 2 bath | 4BR,2BA | $0.35 |
| Harrison West | 3 Bedroom | 3BR,2BA | $0.91 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| Ashton Apartments | 2BR/2.0BA | 2BR,2BA | $1.00 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| Springhill Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $0.98 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Willow Crossings listed at $730.
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 $571 at Sycamore Place.
What is the most affordable Carlisle Three Bedroom Apartment?
The best deal on a cheap Carlisle Three Bedroom Apartment rental is at Sycamore Place and starts from $549.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.