Cheap Apartments for Rent in Carlisle, KY from $600 (45 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
Rent Specials
$975 - $1,395
Total Monthly Price

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

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.

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The Paddock Apartments
$1,195 - $1,345
Total Monthly Price

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
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Valore at the Baxter
1 Bedroom Apartments

Valore at the Baxter

1597 Martha CtLexington, KY 40505
Corporate Housing

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.

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, 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
The Dawn Run ApartmentsStudio XLStudio,1BA$790
Studio 280BR/1.0BAStudio,1BA$814
Top Notch Townhomes & StorageTop Notch Rentals2BR,1BA$900
Double Tree Apartments2 Bedroom Traditional2BR,1BA$910
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$975
The Ascent1555Renovated StudioStudio,1BA$975
320 Clintonville Rd2BR 1BA2BR,1BA$995
Polo Club Park - Senior/Affordable Housing2bd2BR,1BA$1,040

Best Value Apartments for Rent in Carlisle, KY and Nearby

As of August 05, 2026 the best value apartment in the Carlisle area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Carlisle apartment is the B2 Stansbury - 2 Bedroom, 2.5 Bathroom Model at Hamburg Farms starting at $1,576 with a $1.24 price per square foot in the Liberty Area 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.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Hamburg FarmsB2 Stansbury - 2 Bedroom, 2.5 Bathroom2BR,2.5BA$1.24
Georgetown Oaks ApartmentsTwo Bedroom2BR,2BA$1.18
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.94
GleneaglesTwo Bedroom2BR,2BA$1.33
Polo Club Park - Senior/Affordable Housing2bd2BR,1BA$1.24
Double Tree Apartments2 Bedroom Deluxe-Renovated2BR,1BA$1.26
Overlook at Elkhorn CreekOverlook III - 1x11BR,1BA$1.40
Prime Hamburg ApartmentsElite 1 BR1BR,1BA$1.31
The Dawn Run ApartmentsStudio XLStudio ,1BA$1.32

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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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 The Dawn Run Apartments listed at $790.

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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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.

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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.

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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.