Cheap Apartments for Rent near Carthage, IN from $400 (63 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
property at 316 Glenwood Dr

$505

3 Bedroom, 2 Bath Home for Rent

Available Now

316 Glenwood Dr

New CastleIN47362
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
close
View Me
523 Miller Ave
1 Bedroom Apartments

523 Miller Ave

523 Miller AveShelbyville, IN 46176

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 in the Henry County neighborhood 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$695
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$729
Willowood EastStudioStudio,1BA$760
Spanish OaksStudioStudio,1BA$775
523 Miller Ave1BR/1.0BA1BR,1BA$775
Jamestown VillageA2 Thomas Jefferson1BR,1BA$779
Knoll Ridge Townhomes1 Bed, 1 Bath1BR,1BA$850
The Vineyards Apartment HomesStudio ClassicStudio,1BA$889

Best Value Apartments for Rent in Carthage, IN and Nearby

As of July 23, 2026 the best value apartment in the Carthage area is the $1.14 price per square foot 3 bedroom 1.5 bath Model at Stonecrest Apartments in the in the Barrington Estates neighborhood starting from $1,505. The second greatest value Carthage apartment is the Blazer 76 4A Model at Golden Pebble Estates starting at $1,374 with a $1.13 price per square foot in the Henry County neighborhood. 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.
Stonecrest Apartments3 bedroom 1.5 bath3BR,1.5BA$1.14
Golden Pebble EstatesBlazer 76 4A4BR,2BA$1.13
Greenfield Knoll Apartments2 Bed/2 Bath Up2BR,2BA$1.11
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
Reflections I2x2 50%x2BR,2BA$1.19
ApplecreekThe Golden2BR,1BA$1.16
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.79
LINCOLN PARK APARTMENTSStudioStudio ,1BA$0.81
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

Decorative image of map

See the most popular apartments and homes in Carthage, IN

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.