2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Charlestown, IN

$1,200/mo

Median asking rent for a 2-bedroom apartment in Charlestown, Indiana as of July 2026. That's +27% lower than the citywide median of $1,636 and +27% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,200
July 2026
vs city overall
-27%
$1,636 city median
vs national
-27%
$1,655 US median
Indiana rank
#28
of 65 cities

Income needed for a 2-bedroom in Charlestown

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$48,000
Monthly gross
$4,000
Hourly (full-time)
$23.08

Rent by apartment size in Charlestown

Compare Charlestown's median rent across every apartment size.

Studio
$910
1-Bedroom
$990
2-Bedroom (current)
$1,200
3-Bedroom
$1,550
4+ Bedroom
$1,790

Cheapest cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Frankfort$709
2Crawfordsville$884
3East Chicago$930
4Logansport$930
5Marion$930
6New Castle$930
7Richmond$940
8Angola$970
9Delphi$970
10La Porte$978
11Muncie$978
12Kokomo$990
13Michigan City$1,020
14Terre Haute$1,023
15Elkhart$1,055

Most expensive cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Zionsville$1,870
2Whitestown$1,790
3Carmel$1,783
4McCordsville$1,620
5Lawrence$1,620
6Avon$1,600
7Westfield$1,580
8Fishers$1,577
9Granger$1,540
10Brownsburg$1,510
11Sellersburg$1,460
12Munster$1,450
13Merrillville$1,440
14Noblesville$1,415
15Lowell$1,390

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Charlestown.

CityDistance2-Bedroom rentvs Charlestown
Prospect, KY7.9 mi$2,000+$800 (+67%)
Jeffersonville, IN10.2 mi$1,350+$150 (+13%)
Sellersburg, IN10.8 mi$1,460+$260 (+22%)
Clarksville, IN14.1 mi$1,240+$40 (+3%)
Louisville, KY18 mi$1,408+$208 (+17%)
New Albany, IN19.5 mi$1,270+$70 (+6%)
Shepherdsville, KY34.1 mi$1,230+$30 (+3%)
Shelbyville, KY34.1 mi$1,180$-20 (-2%)
Bardstown, KY47.2 mi$920$-280 (-23%)
Radcliff, KY49.6 mi$1,010$-190 (-16%)
Columbus, IN53.8 mi$1,200
Elizabethtown, KY54.5 mi$1,140$-60 (-5%)

2-Bedroom rent in Charlestown — common questions

How much is a 2-bedroom apartment in Charlestown?

As of July 2026, the median 2-bedroom apartment rent in Charlestown, Indiana is $1,200 per month. This is +27% below the citywide median of $1,636.

What income do you need to afford a 2-bedroom in Charlestown?

Using the standard 30% rent-to-income rule, you would need an annual income of about $48,000 ($4,000/month gross), which works out to roughly $23.08/hour at a full-time job.

Is Charlestown expensive for a 2-bedroom compared to the rest of the US?

Charlestown's 2-bedroom median of $1,200 is +27% below the national 2-bedroom median of $1,655. It ranks in the 20th percentile of US cities tracked.

How does Charlestown rank for 2-bedroom rent in Indiana?

Among the 65 cities in Indiana with 2-bedroom data, Charlestown ranks #28 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Charlestown?

Yes — nearby cities with cheaper 2-bedroom rents include Shelbyville ($1,180), Bardstown ($920), Radcliff ($1,010).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Charlestown, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.