Cheap Apartments for Rent in Mount Carmel, IL from $300 (35 Rentals)

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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.

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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.

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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

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.

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Anchor Court Apartments
1 Bedroom Apartments

Anchor Court Apartments

2025 W Columbia StEvansville, IN 47712
Senior Living
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
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Elmdale Apartments
1 to 2 Bedroom Apartments

Elmdale Apartments

3924 N Elmdale RdOlney, IL 62450
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-35, Page 1 of 1

Mount Carmel, IL Local Guide

Cheapest Available Mount Carmel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Carmel, IL is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Lakewood Flats and Townhomes in the Howell neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Mount Carmel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Lakewood Flats and Townhomes2 small wd2BR,1BA$670
Princeton Court1 Bed 1 Bath1BR,1BA$680
Valoré at Hidden HillsThe Pine - One Bedroom Apartment Home1BR,1BA$725
Foxfire West Apartments1.1f1BR,1BA$795
The Forge on MainStudio AStudio,1BA$800
North ParkMcCallister1BR,1BA$825
TERRA TRACEThe Dogwood1BR,1BA$849
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$865
Woodbridge PlaceThe Dogwood1BR,1BA$900

Best Value Apartments for Rent in Mount Carmel, IL and Nearby

As of December 26, 2025 the best value apartment in the Mount Carmel area is the $1.05 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,615. The second greatest value Mount Carmel apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,450 with a $1.19 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Mount Carmel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Point Villas3BR Villa3BR,2BA$1.05
Apartments@413BR/2.0BA3BR,2BA$1.19
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
The Brickyard ApartmentsKeystone1BR,1BA$1.16
Baldwin Heights1 Bedroom1BR,1BA$1.21
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.23
North ParkMcCallister1BR,1BA$1.10
Princeton Court1 Bed 1 Bath1BR,1BA$1.18

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.

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The 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.

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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.

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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.

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Best Local Schools in
Mount Carmel, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Carmel, IL Rentals by Map

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See the most popular apartments and homes in Mount Carmel, IL

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Frequently Asked Questions about Cheap Mount Carmel Apartments

What is the Cheapest Studio apartment in Mount Carmel?

Currently the most affordable Cheap Studio Apartment in Mount Carmel is at The Forge on Main listed at $800.

How much is rent for a Cheap One Bedroom Mount Carmel Apartment?

The lowest price for a Cheap One Bedroom Mount Carmel Apartment is $599 at SPRING VALLEY FLATS.

What is the lowest price for a Cheap Two Bedroom Mount Carmel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Carmel is starting from $670 at Lakewood Flats and Townhomes.

What is the most affordable Mount Carmel Three Bedroom Apartment?

The best deal on a cheap Mount Carmel Three Bedroom Apartment rental is at Baldwin Heights and starts from $1,255.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!