
Cheap Apartments for Rent in Charlestown, IN from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Charlestown.


Parkside Trace Apartments

Renaissance Park Apartments

Forest Edge Apartments

The Flats of River Ridge

380 Main Cross St

213 Lowell Ave

121 Level St

Creekside Apartments

Yellowwood Terrace Affordable Senior Housing
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.

Beech Grove Apartments

Bridgepointe Crossing

The Woods Apartments

Clarksville Lofts

Hidden Creek Apartment Homes

Ashby

Lighthouse Apartments

Stonebridge Apartments

Carrington Place

The Jeff On 10th
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.

Greenbrier Apartments

Orchard Hills Apartments

Armstrong Farm

Wolf Run Park Apartments

Heritage Square

Holmans Crossing Apartments

The Laurel

The Reserve at the Riverbend

Nicholas Landing

Flats on 10th
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.

Lakeside Gardens

Rivers Edge Residences

Plum Ridge Apartments

Jefferson Park Senior Apartments

The Warren Apartments

Thompson Square Apartments

Arbour Place Apartments

The Slate

3920 Dunbar Ave

Foxtail Pointe
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

3212 Lighthouse Cove

Autumn Ridge Apartments

1101 Foghorn Dr

4231 Mel Smith Rd

4235 Mel Smith Rd

201 Stonebench Cir

1008 Sharon Dr

Koehler Springs

Williams Crossing Townhomes

8801 W State Hwy 22
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.
Charlestown, IN Local Guide

How much does it cost to rent an apartment in Charlestown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Charlestown Studio Apartments | $1,125 | $879 | $1,266 |
| Charlestown 1 Bedroom Apartments | $1,241 | $200 | $1,535 |
| Charlestown 2 Bedroom Apartments | $1,357 | $927 | $2,091 |
| Charlestown 3 Bedroom Apartments | $1,657 | $1,200 | $1,885 |
Browse Top Apartments in Charlestown
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Charlestown, IN Local Guide
- Nearby Cities
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Cheapest Available Charlestown Apartments for Rent and Nearby
 The cheapest available apartment rental in Charlestown, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Bridgepointe Crossing in the Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $852. Here is today’s list of the most affordable Charlestown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Bridgepointe Crossing | 1 br | 1BR,1BA | $852 |
| Clarksville Lofts | 1 br small | 1BR,1BA | $899 |
| Hidden Creek Apartment Homes | One Bed One Bath 850 | 1BR,1BA | $915 |
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $919 |
| Ashby | 1 Bedroom 1 Bathroom - Small | 1BR,1BA | $937 |
| Lakeview | 1 Bedroom 1 Bath | 1BR,1BA | $942 |
| Lighthouse Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $980 |
| Stonebridge Apartments | First Floor 1Bed/1Bath | 1BR,1BA | $995 |
| Charlestown Flats | One Bedroom Flat | 1BR,1BA | $995 |
Best Value Apartments for Rent in Charlestown, IN and Nearby
As of May 04, 2026 the best value apartment in the Charlestown area is the $1.14 price per square foot 2BR/2BA Model at Thompson Square Apartments in the in the Oak Park neighborhood starting from $1,310. The second greatest value Charlestown apartment is the Two Bed Model at Plum Ridge Apartments starting at $1,250 with a $1.10 price per square foot in the Southern Indiana neighborhood. Here is today’s list of the best values for Charlestown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Thompson Square Apartments | 2BR/2BA | 2BR,2BA | $1.14 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.10 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Carrington Place | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
| Wolf Run Park Apartments | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.14 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.17 |
| Renaissance Park Apartments | New Construction Two Bedroom Two Bathroom | 2BR,2BA | $1.22 |
| Beech Grove Apartments | The Jefferson | 2BR,2BA | $1.21 |
| Lakeview | 1 Bedroom 1 Bath | 1BR,1BA | $1.17 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
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 Charlestown, IN
Jonathan Jennings Elementary School
Charlestown Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Charlestown, IN Rentals by Map
See the most popular apartments and homes in Charlestown, IN
Frequently Asked Questions about Cheap Charlestown Apartments
How much is rent for a Cheap One Bedroom Charlestown Apartment?
The lowest price for a Cheap One Bedroom Charlestown Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Charlestown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Charlestown is starting from $927 at Bridgepointe Crossing.
What is the most affordable Charlestown Three Bedroom Apartment?
The best deal on a cheap Charlestown Three Bedroom Apartment rental is at Charlestown Flats and starts from $1,384.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.
Articles, How-To's, and Tips

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.