Cheap Apartments for Rent in Carlisle, KY from $600 (33 Rentals)

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

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.

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The Ascent1555
$975 - $1,395

Total Monthly Price

Base Rent$975 - $1,395

Total Monthly Price$975 - $1,395
Studio to 2 Bedroom Apartments Available Now

The Ascent1555

1555 Eastland PkyLexington, KY 40505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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The Paddock Apartments
Rent Specials
$1,195 - $1,345

Total Monthly Price

Base Rent$1,195 - $1,345

Total Monthly Price$1,195 - $1,345
1 to 2 Bedroom Apartments Available Now

The Paddock Apartments

416 Hollow Creek RdLexington, KY 40511
Affordability
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  • Customer Reviewed
  • Utilities Included
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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing
property at 1811 Dalton Ct
$1,000
2 Bedroom Rentals
Available Now
Affordability

1811 Dalton Ct

LexingtonKY40505

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.

Carlisle, KY Local Guide

Cheapest Available Carlisle Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carlisle, KY is a 2 Beds unit found at McGinnis Properties priced from $700. Williamsburg Terrace in the Bourbon County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Carlisle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McGinnis PropertiesTownhome2BR, 1BA$700
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR, 1BA$755
Valore at the Baxter1 Bed | 1 Bath1BR, 1BA$799
Studio 280BR/1.0BAStudio, 1BA$814
Double Tree ApartmentsStudioStudio, 1BA$875
Prime Hamburg ApartmentsElite 1BR - 1BTH1BR, 1BA$900
Caballo Crossing2 Bedroom 1 Bath2BR, 1BA$900
The Dawn Run Apartments2x1 SM2BR, 1BA$920
The Ascent1555Renovated StudioStudio, 1BA$975
Pine Tree PathA11BR, 1BA$995

Best Value Apartments for Rent in Carlisle, KY and Nearby

As of September 19, 2026 the best value apartment in the Carlisle area is the $0.46 price per square foot Townhome Model at McGinnis Properties starting from $700. The second greatest value Carlisle apartment is the Top Notch Rentals Model at Top Notch Townhomes & Storage starting at $1,000 with a $1.04 price per square foot. 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.
McGinnis PropertiesTownhome2BR, 1.5BA$0.46
Top Notch Townhomes & StorageTop Notch Rentals2BR, 1.5BA$1.04
Williams Estates ApartmentsTwo Bedroom2BR, 1BA$1.17
Caballo Crossing2 Bedroom 1 Bath2BR, 1BA$1.00
The Lofts at Winchester2BR/1.0BA2BR, 1BA$1.17
GleneaglesTwo Bedroom2BR, 2BA$1.33
The Dawn Run Apartments2x1 SM2BR, 1BA$1.08
Polo Club Park - Senior/Affordable Housing2bd2BR, 1BA$1.24
Prime Hamburg ApartmentsElite 1BR - 1BTH1BR, 1BA$1.21
Valore at the Baxter1 Bed | 1 Bath1BR, 1BA$1.34

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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Navigating 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.

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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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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!

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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 Studio 28 listed at $814.

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

The lowest price for a Cheap One Bedroom Carlisle Apartment is $755 at Williamsburg Terrace.

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 $700 at McGinnis Properties.

What is the most affordable Carlisle Three Bedroom Apartment?

The best deal on a cheap Carlisle Three Bedroom Apartment rental is at Williamsburg Terrace and starts from $1,063.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.