Cheap Apartments for Rent in Carthage, IN from $400 (61 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176
close
View Me
Elmtree Park
Studio to 2 Bedroom Apartments

Elmtree Park

11023 Elmtree Park DrIndianapolis, IN 46229

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.

Carthage, IN Local Guide

Cheapest Available Carthage Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carthage, IN is a Studio unit found at LINCOLN PARK APARTMENTS priced from $645. Academy Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Carthage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSStudioStudio,1BA$645
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Elmtree ParkStudio 1 BathStudio,1BA$700
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$729
Willowood EastStudioStudio,1BA$760
Spanish OaksStudioStudio,1BA$775
Beckford PlaceOne Bed One Bath1BR,1BA$825
Stonecrest Apartments1 bedroom 1 bath #31BR,1BA$840
Jamestown VillageA2 Thomas Jefferson1BR,1BA$849
Knoll Ridge Townhomes1 Bed, 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Carthage, IN and Nearby

As of June 08, 2026 the best value apartment in the Carthage area is the $0.89 price per square foot Prime FHB Model at Golden Pebble Estates in the starting from $1,399. The second greatest value Carthage apartment is the 2 Bed/ 1.5 Bath TH Model at Greenfield Knoll Apartments starting at $1,199 with a $1.11 price per square foot . Here is today’s list of the best values for Carthage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Golden Pebble EstatesPrime FHB3BR,2BA$0.89
Greenfield Knoll Apartments2 Bed/ 1.5 Bath TH2BR,1.5BA$1.11
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
Water Dance Apartments2BR/1BA2BR,1BA$1.27
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.79
LINCOLN PARK APARTMENTSStudioStudio ,1BA$0.81
Cumberland Manor2 Bedroom 1 Bath2BR,1BA$1.20
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.04

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Carthage, IN Rentals by Map

View Map
Carthage, IN Apartments Map
View Map
Carthage, IN Rental Homes Map

Frequently Asked Questions about Cheap Carthage Apartments

What is the Cheapest Studio apartment in Carthage?

Currently the most affordable Cheap Studio Apartment in Carthage is at LINCOLN PARK APARTMENTS listed at $645.

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

The lowest price for a Cheap One Bedroom Carthage Apartment is $675 at Academy Place Apartments.

What is the lowest price for a Cheap Two Bedroom Carthage Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carthage is starting from $824 at Grand Avenue Commons.

What is the most affordable Carthage Three Bedroom Apartment?

The best deal on a cheap Carthage Three Bedroom Apartment rental is at Knightstown Villas and starts from $1,175.

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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.