
Cheap Apartments for Rent in Carthage, IN from $400 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Carthage.


Reflections I

Academy Place Apartments

The Mill

Beckford Place

Grand Avenue Commons

403-407 E Washington St

Willowood East

Spanish Oaks

LILA
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.

Stonecrest Apartments

Jamestown Village

Knoll Ridge Townhomes

Applecreek

The Vineyards Apartment Homes

Water Dance Apartments

Lake Marina Apartments

Greenfield Village

Cimarron Place

Bristol Square
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.

Eight37 Lofts

Cumberland Manor

The Life at Belhaven Place

Willow Glen East

SPICELAND VILLAS

STONE RUN VILLAS

Knightstown Villas

Preserve on Blue Road Apartments

Cedar Ridge

Gateway Crossing Apartments
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.

Loper Commons

Greenfield Knoll Apartments

Greenfield Crossing

Washington Village Apartments

Crosswinds

Teal Run Apartments

RUSHVILLE VILLAS

Grace Lane Apartments

Iron Trail

BroadAcre Apartments of McCordsville
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.

Jefferson Place Apartments

202 E Taylor St

392 W Broadway St

529 West Washington St

316 E Franklin St

Elmtree Park

2142 W US Hwy 40

Bavarian Village Apartments

216 Progress Rd

1402 Alabama St
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

How much does it cost to rent an apartment in Carthage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carthage Studio Apartments | $748 | $481 | $1,078 |
| Carthage 1 Bedroom Apartments | $1,235 | $479 | $1,566 |
| Carthage 2 Bedroom Apartments | $1,504 | $780 | $2,260 |
| Carthage 3 Bedroom Apartments | $1,790 | $1,115 | $2,789 |
| Carthage 4 Bedroom Apartments | $2,193 | $1,585 | $2,854 |
Browse Top Apartments in Carthage
See all Apartments in CarthageExplore Carthage
Carthage, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $700 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Willowood East | Studio | Studio,1BA | $760 |
| Spanish Oaks | Studio | Studio,1BA | $775 |
| Beckford Place | One Bed One Bath | 1BR,1BA | $825 |
| Stonecrest Apartments | 1 bedroom 1 bath #3 | 1BR,1BA | $840 |
| Jamestown Village | A2 Thomas Jefferson | 1BR,1BA | $849 |
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golden Pebble Estates | Prime FHB | 3BR,2BA | $0.89 |
| Greenfield Knoll Apartments | 2 Bed/ 1.5 Bath TH | 2BR,1.5BA | $1.11 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.20 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,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 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.
Pet Friendly Lifestyle
Ranked #
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carthage, IN Rentals by Map
See the most popular apartments and homes in Carthage, IN
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

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.

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.