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Apartments for Rent in Charlestown, IN

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What to Know About

Life in Charlestown & Beyond

Charlestown shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Charlestown, IN

As of November 2026, Charlestown's rental market is balanced, with rentals spending about 32 days on the market, slower than in Indiana (27), and rents down 2.7% over the past year. Charlestown's average rent is 1.1% ($16) higher than the Indiana average of $1,452 and 27.9% ($568) lower than the U.S. average of $2,036.

Average Rent
$1,468
Monthly ChangeMonth Over Month Change
Decreased0.26% ($4)
Yearly ChangeYear Over Year Change
Decreased2.7% ($40)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $997 Decreased0.15% ($1) Decreased3.8% ($39)
2 Beds $1,257 Decreased0.04% ($1) Decreased2.0% ($25)
3 Beds $1,704 Decreased0.21% ($4) Increased0.4% ($7)
Nearby Cities Average Rent Avg. Rent vs. CharlestownAverage Rent vs. Charlestown Days on Market
Prospect $2,070 Increased41.0% ($602) 33 days
Memphis $1,369 Decreased6.7% ($99) 33 days
Sellersburg $1,516 Increased3.3% ($48) 33 days
Crestwood $1,852 Increased26.2% ($384) 33 days
Pewee Valley $1,549 Increased5.5% ($81) 33 days
Based on rentals advertised on RentalSource in and around Charlestown.
Frequently Asked Questions
Charlestown Rental Market FAQs

Explore rental prices, market conditions, and affordability in Charlestown, IN.

The average rent in Charlestown, IN is about $1,468 per month.
In Charlestown, the average rent is about $997 per month for a 1-bedroom apartment, about $1,257 for a 2-bedroom apartment and about $1,704 for a 3-bedroom apartment.
The average rent in Charlestown is 27.9% ($568) lower than the national average of $2,036 per month.
The rental market in Charlestown, IN is currently balanced, with rentals spending about 32 days on the market, slower than in Indiana (27), and rents down 2.7% over the past year.
Based on the current averages, a household would need an annual income of about $50,300 to comfortably afford a 2-bedroom apartment in Charlestown.
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