
Cheap Homes for Rent in Charlestown, IN from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Charlestown.


201 Stonebench Cir

4231 Mel Smith Rd

4235 Mel Smith Rd

1008 Sharon Dr

8009 Montero 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.

8801 W State Hwy 22

1104 Lighthouse Dr

313 Hawthorne Dr

3920 Dunbar Ave

213 Lowell Ave

13202 Prospect Glen Way
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.

1026 Sweet Amy Wy
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 | $1,923 | $1,100 | $3,200 |
| Charlestown 3 Bedroom Homes for Rent | $2,277 | $1,300 | $4,500 |
| Charlestown 4 Bedroom Homes for Rent | $3,744 | $2,150 | $5,500 |
| Charlestown 5 Bedroom Homes for Rent | $5,462 | $3,700 | $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. Bridgepointe Crossing in the Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $834. 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 | $834 |
| Clarksville Lofts | 1 br small | 1BR,1BA | $899 |
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $919 |
| Hidden Creek Apartment Homes | One Bed One Bath 850 | 1BR,1BA | $930 |
Best Value Apartments for Rent in Charlestown, IN and Nearby
As of April 25, 2026 the best value apartment in the Charlestown area is the $1.12 price per square foot 3 Bedroom, 2 Bathroom Model at Lighthouse Apartments in the in the Oak Park neighborhood starting from $1,450. The second greatest value Charlestown apartment is the 2BR/2BA Model at Thompson Square Apartments starting at $1,310 with a $1.14 price per square foot in the Oak Park 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. |
|---|---|---|---|
| Lighthouse Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.12 |
| Thompson Square Apartments | 2BR/2BA | 2BR,2BA | $1.14 |
| 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 |
| Lakeview | 1 Bedroom 1 Bath | 1BR,1BA | $1.17 |
| Bridgepointe Crossing | 1 br | 1BR,1BA | $1.20 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
10 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 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 $2,110. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Charlestown ranging from $1,100 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 $1,100 to $9,500 with an average monthly rent of $2,951.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.