
Cheap Homes for Rent in Carmi, IL from $600 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Carmi.


6515 Uebelhack Rd

1521 Irvington Ave

1231 Culver Ave

1207 Tree Top Ln

510 Ellen Dr

205 N Mill St

605 W Michigan St
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.

640 Jefferson Ave

413 3rd St

924 SE 6th St

2501 N Evans Ave

2102 W Delaware St

1306 W Missouri St

2517 W Illinois St

1112 Bellemeade Ave
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.

1025 Covert Ave

1630 E Division St

1330 SE 2nd St

1317 Harriet St

1900 W Indiana St

1404 Delmar Ave

1807 S Kerth Ave

1111 Stanley Ave
Cash 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.
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 | $967 | $675 | $1,375 |
| Carmi 3 Bedroom Homes for Rent | $1,119 | $800 | $1,395 |
| Carmi 4 Bedroom Homes for Rent | $1,266 | $975 | $1,595 |
| 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 SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Anchor Court in the Howell 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 |
| Anchor Court | 1BR/1.0BA | 1BR,1BA | $625 |
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $640 |
| Embassy Apartments | 0.1 | Studio,1BA | $660 |
Best Value Apartments for Rent in Carmi, IL and Nearby
As of June 04, 2026 the best value apartment in the Carmi area is the $1.15 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,600. The second greatest value Carmi apartment is the Kensington Model at North Park starting at $1,199 with a $1.00 price per square foot in the Mt Auburn 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. |
|---|---|---|---|
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
| North Park | Kensington | 2BR,1.5BA | $1.00 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.85 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.18 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.15 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $1.18 |
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!
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Frequently Asked Questions about Carmi
What type of rentals are currently available in Carmi?
There are currently 58 Apartments for Rent in Carmi, IL with pricing that ranges from $580 to $4,449. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carmi ranging from $650 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 $650 to $3,200 with an average monthly rent of $1,495.
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 $1,219 to $1,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,395. Four Bedroom Single-Family rentals are also available starting from $975 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.