
Cheap Homes for Rent in Charlestown, IN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Charlestown.


1101 Foghorn Dr

4235 Mel Smith Rd

201 Stonebench Cir

3115 Lighthouse 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.

4231 Mel Smith Rd

8801 W State Hwy 22

13202 Prospect Glen Way

1104 Lighthouse Dr

1210 Market St
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.
Charlestown, IN Local Guide

How much does it cost to rent a home in Charlestown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Charlestown 2 Bedroom Homes for Rent | $1,539 | $1,100 | $2,345 |
| Charlestown 3 Bedroom Homes for Rent | $2,362 | $1,000 | $4,500 |
| Charlestown 4 Bedroom Homes for Rent | $4,164 | $2,300 | $5,500 |
| Charlestown 5 Bedroom Homes for Rent | $6,037 | $3,900 | $9,500 |
Browse Top Homes for Rent in Charlestown
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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. Beech Grove Apartments in the Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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 |
| Beech Grove Apartments | The Beech | 1BR,1BA | $825 |
| Bridgepointe Crossing | 2 br | 2BR,1BA | $887 |
Best Value Apartments for Rent in Charlestown, IN and Nearby
As of June 09, 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 2 Beds, 2 baths Model at Rivers Edge Residences starting at $1,250 with a $1.10 price per square foot in the Harrods Creek 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 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM NEW CONSTRUCTION | 2BR,2BA | $1.14 |
| Carrington Place | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
| Nicholas Landing | Two Bedroom | 2BR,2BA | $1.17 |
| Bridgepointe Crossing | 2 br large | 2BR,1.5BA | $0.97 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.17 |
| Wolf Run Park Apartments | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.14 |
| 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 Charlestown
What type of rentals are currently available in Charlestown?
There are currently 48 Apartments for Rent in Charlestown, IN with pricing that ranges from $200 to $2,255. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlestown ranging from $1,000 to $9,500.
What is the current price range for Rental Homes in Charlestown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Charlestown ranges from $1,000 to $9,500 with an average monthly rent of $3,525.
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

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.