
Cheap Apartments for Rent in Carmi, IL from $500 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Carmi.


510 Ellen Dr

1015 Stewart St

SPRING VALLEY FLATS

Graystone Henderson

Anchor Court

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Lakewood Flats and Townhomes

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Valoré at Hidden Hills

Embassy Apartments

Fairway Plaza
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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Foxfire West Apartments

The Timbers Apartments

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Princeton Court

TERRA TRACE

Woodbridge Place

The Manning

Total Monthly Price
Bradford Pointe Apartments

Parkside Apartments

North Park

Century Estates
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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Market Street Apartments

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Western Hills Apartments

Saddlebrook

Canoe Creek Apartments

Copper Creek Townhomes

Mission Viejo Villas

Central Lofts

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Leisure Living Lakeside

Ross Center Village

Colonial Manor Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Vail Estates Apartments

The Brickyard Apartments

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The Forge on Main

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Liv at Locust Creek

Baldwin Heights Apartments

1900 N Willow Rd

1231 Culver Ave

1323 E Olive St

Maple Valley Townhomes

Donaldson Arms
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Valore at Pine Hills

1115 W Virginia St

The Rathbone Apartments

215 W Louisiana St

640 Jefferson Ave

6501 Uebelhack Rd

1419 SE 2nd St

815 SE 6th St

306 S Elm Ave

Legacy Commons
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.
Carmi, IL Local Guide

How much does it cost to rent an apartment in Carmi?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carmi Studio Apartments | $1,659 | $685 | $2,340 |
| Carmi 1 Bedroom Apartments | $1,003 | $599 | $3,410 |
| Carmi 2 Bedroom Apartments | $1,259 | $740 | $4,449 |
| Carmi 3 Bedroom Apartments | $1,399 | $1,209 | $1,595 |
| Carmi 4 Bedroom Apartments | $590 | $580 | $600 |
Browse Top Apartments in Carmi
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Carmi, IL Local Guide
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Cheapest Available Carmi Apartments for Rent and Nearby
 The cheapest available apartment rental in Carmi, IL is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Graystone Henderson in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Carmi apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $785 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $787 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $799 |
Best Value Apartments for Rent in Carmi, IL and Nearby
As of March 24, 2026 the best value apartment in the Carmi area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Carmi apartment is the 3 Bedroom Townhome Model at Western Hills Apartments starting at $1,550 with a $1.07 price per square foot in the Howell neighborhood. Here is today’s list of the best values for Carmi apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | 3BR Villa | 3BR,2BA | $1.04 |
| Western Hills Apartments | 3 Bedroom Townhome | 3BR,2.5BA | $1.07 |
| Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.11 |
| North Park | Kensington | 2BR,1.5BA | $1.04 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.15 |
| Princeton Court | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Best Local Schools in Carmi, IL
Jefferson Attendance Center
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carmi, IL Rentals by Map
See the most popular apartments and homes in Carmi, IL
Frequently Asked Questions about Cheap Carmi Apartments
What is the Cheapest Studio apartment in Carmi?
Currently the most affordable Cheap Studio Apartment in Carmi is at Embassy Apartments listed at $685.
How much is rent for a Cheap One Bedroom Carmi Apartment?
The lowest price for a Cheap One Bedroom Carmi Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Carmi Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Carmi is starting from $670 at Lakewood Flats and Townhomes.
What is the most affordable Carmi Three Bedroom Apartment?
The best deal on a cheap Carmi Three Bedroom Apartment rental is at Canoe Creek Apartments and starts from $1,219.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.