
Cheap Apartments for Rent in Charlestown, IN from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Charlestown.


Parkside Trace Apartments

380 Main Cross St

Total Monthly Price
228 Jennings St, Unit 228 Jennings St

Renaissance Park Apartments

Forest Edge Apartments

The Flats of River Ridge

Creekside Apartments

1811 Edgewood Dr
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.

Yellowwood Terrace Affordable Senior Housing

Hidden Creek Apartment Homes

Beech Grove Apartments

Bridgepointe Crossing

The Woods Apartments

Ashby

Clarksville Lofts

Lighthouse Apartments

Stonebridge Apartments
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.

Orchard Hills Apartments

The Jeff On 10th

Nicholas Landing

Carrington Place

Heritage Square

Wolf Run Park Apartments

Total Monthly Price
Greenbrier Apartments

Holmans Crossing Apartments

The Reserve at the Riverbend
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.

Flats on 10th

The Slate

Rivers Edge Residences

The Laurel

Total Monthly Price
Jefferson Park Senior Apartments

The Warren Apartments

Thompson Square Apartments

Armstrong Farm

Lakeside Gardens
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.

Arbour Place Apartments

Total Monthly Price
Plum Ridge Apartments

Foxtail Pointe

1101 Stonebench Cir

312 Apple Tree Ln

Autumn Ridge Apartments

1101 Foghorn Dr

201 Stonebench Cir

Koehler Springs
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

3115 Lighthouse Dr

4231 Mel Smith Rd

Williams Crossing Townhomes

8801 W State Hwy 22
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 | $1,119 | $879 | $1,266 |
| Charlestown 1 Bedroom Apartments | $1,209 | $200 | $1,585 |
| Charlestown 2 Bedroom Apartments | $1,466 | $769 | $2,699 |
| Charlestown 3 Bedroom Apartments | $1,745 | $1,200 | $2,588 |
Browse Top Apartments in Charlestown
See all Apartments in CharlestownExplore Charlestown
Charlestown, IN Local Guide
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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 |
| 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 |
| Hidden Creek Apartment Homes | One Bed One Bath 850 | 1BR,1BA | $960 |
| Clarksville Lofts | 1 br small | 1BR,1BA | $976 |
| Lighthouse Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $980 |
| Charlestown Flats | One Bedroom Flat | 1BR,1BA | $995 |
| Stonebridge Apartments | Second Floor 1Bed/1Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Charlestown, IN and Nearby
As of June 19, 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 $1,375 with a $1.21 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 | $1.21 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Carrington Place | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
| Nicholas Landing | Two Bedroom | 2BR,2BA | $1.17 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.19 |
| Wolf Run Park Apartments | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.17 |
| 228 Jennings St, Unit 228 Jennings St | 228 Jennings St | 2BR,1BA | $1.18 |
| Lakeview | 1 Bedroom 1 Bath | 1BR,1BA | $1.17 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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 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 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 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 $887 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.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips

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.

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.

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.