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Installing carpet can cost as little as $3.50 per square yard. According to the home renovation website House Flipping Helper, base rates for carpet installation range from about $3.50 to $6.00 per square yard. These rates vary, though, based on different factors, like the type of carpet selected.
Labor. Labor costs are one of the most flexible aspects of carpet installation and vary depending on which installer you talk to. As of this writing, expect to pay between $9 to $12 per square yard of carpet installation for a competitive, average installer.Luxury carpets can cost three times that.aterial Costs. As of 2013, carpet costs range depending on the quality you desire, with a low-end carpet ranging from $2 to $3 on average per square foot.