
Cheap Homes for Rent in Carmi, IL from $500 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Carmi.


404 N Carroll St

410 S Shaw St

728 Renshaw Ave

510 Ellen Dr

605 W Michigan St

1618 Speaker Rd
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.

2728 W Virginia St

408 S Bosse Ave

437 S Bosse Ave

614 5th St

413 3rd St

640 Jefferson Ave

213 Taylor Ave
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.

527 N Lemcke Ave

924 SE 6th St

400 S Bosse Ave

2555 Stanley Ct

301 E Olive St

1306 W Missouri St

1330 SE 2nd St
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.

1404 Delmar Ave

1807 S Kerth Ave
Carmi, IL Local Guide

How much does it cost to rent a home in Carmi?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carmi 2 Bedroom Homes for Rent | $901 | $594 | $1,500 |
| Carmi 3 Bedroom Homes for Rent | $1,388 | $800 | $2,500 |
| Carmi 4 Bedroom Homes for Rent | $1,200 | $1,000 | $1,400 |
| Carmi 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Top Homes for Rent 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 Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $547. SPRING VALLEY FLATS in the Oakhill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Carmi apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | 1.1 | 1BR,1BA | $547 |
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| 1210 Char Lee Dr | 1bed1bath | 1BR,1BA | $660 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
Best Value Apartments for Rent in Carmi, IL and Nearby
As of July 22, 2026 the best value apartment in the Carmi area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the in the Gibson County neighborhood starting from $1,650. The second greatest value Carmi apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,600 with a $1.15 price per square foot in the Business 41 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 | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.87 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Lakewood Flats and Townhomes | 1 lg w/d | 1BR,1BA | $1.10 |
| Century Estates Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
| 1210 Char Lee Dr | 1bed1bath | 1BR,1BA | $0.88 |
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 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.
Best Local Schools in Carmi, IL
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 Carmi
What type of rentals are currently available in Carmi?
There are currently 59 Apartments for Rent in Carmi, IL with pricing that ranges from $547 to $4,449. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carmi ranging from $550 to $3,200.
What is the current price range for Rental Homes in Carmi?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carmi ranges from $550 to $3,200 with an average monthly rent of $1,541.
How much are larger Three and Four Bedroom Rentals in Carmi?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Carmi range from $1,237 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $580.
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.

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.

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.

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.