Cheap Apartments for Rent in 46032
63 rentals
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- SPECIAL OFFERPET FRIENDLY$1,254 - $1,992/mo1-3 Beds1-2 BathsProvidence at Old Meridian | 300 Providence Blvd #20214,
Carmel, IN 46032 - PET FRIENDLY$1,259 - $1,609/mo1-2 Beds1-2 BathsThe Gallery Apartments | 35 Rosewalk Cir #3-03-2A,
Carmel, IN 46032 - PET FRIENDLY$1,280 - $4,466/moStudio-3 Beds1-3 BathsThe Wren & The Windsor | 750 Veterans Way #cad157cda,
Carmel, IN 46032 - $1,378 - $4,466/moStudio-3 Beds1-3 BathsThe Wren & The Windsor in Carmel City Center | 770 3rd Ave SW #721,
Carmel, IN 46032 - $1,380 - $1,862/mo1-2 Beds1-3 BathsHighpointe on Meridian | 13415 Highpointe Blvd #5-206,
Carmel, IN 46032 - $1,435 - $3,235/moStudio-3 Beds1-2 BathsResidences at The Playfair | 880 Monon Green Blvd #311,
Carmel, IN 46032 - $1,437 - $1,998/mo1-3 Beds1-2 BathsThe Village on Spring Mill | 14637 Handel Dr #826,
Carmel, IN 46032 - $1,564 - $2,208/mo1-3 Beds1-2 BathsLakeside of Carmel Apartments | 12484 Breaklines St #17-204,
Carmel, IN 46032 - $1,570 - $3,345/mo1-2 Beds1-2 BathsThe Residences at Carmel City Center | 720 S Rangeline Rd #c89bc76ab,
Carmel, IN 46032 - $1,650 - $2,980/mo1-3 Beds1-2 BathsThe Kent at Carmel City Center | 301 American Way N #bd02589b9,
Carmel, IN 46032 - $1,663 - $2,993/mo1-3 Beds1-2 BathsThe Steadman Apartments of Carmel | 11325 Springmill Rd #204,
Carmel, IN 46032 - Total price$1,685 - $3,485/mo1-2 Beds1-2 BathsLetolie Apartments | 833 W Main St #203,
Carmel, IN 46032 - $1,685 - $2,413/mo1-2 Beds1-2 BathsVER at Proscenium Apartments | 1225 Veterans Way #104,
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Average Rent Trends in 46032
Rent in 46032 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,279 |
| Jul 2025 | $2,339 |
| Aug 2025 | $2,400 |
| Sep 2025 | $2,350 |
| Oct 2025 | $2,200 |
| Nov 2025 | $2,200 |
| Dec 2025 | $2,101 |
| Jan 2026 | $2,283 |
| Feb 2026 | $2,325 |
| Mar 2026 | $2,255 |
| Apr 2026 | $2,151 |
| May 2026 | $2,101 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,570 | $1,998 | $2,400 | $2,967 | $2,160 |
| Townhomes | — | $1,850 | $2,790 | $3,700 | $2,650 |
| Apartments and Condos | $1,700 | $2,000 | $1,900 | $2,400 | $2,000 |
| Houses | $1,200 | $1,950 | $2,295 | $2,983 | $2,850 |
Frequently Asked Questions about Rentals in 46032
- What is the average rent of an apartment in 46032?The average rent of an apartment in 46032 is $1,943 per month. This is about 1% higher than the national average.
- What is the average rent of a house in 46032?The average rent of a house in 46032 is $2,850 per month. This is about 48% higher than the national average.
- What is the average rent of a townhome in 46032?The average rent of a townhome in 46032 is $2,650 per month. This is about 37% higher than the national average.
- When is the average rent cheapest in 46032?In the last year, the average rent in 46032 was lowest in Jan 2025 when it was $2,079 per month.
- When is the average rent most expensive in 46032?In the last year, the average rent in 46032 was highest in Aug 2025 when it was $2,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46032?The average rent of a 1 bedroom apartment in 46032 is $1,570 per month. That is about $145 more than the cost of a studio apartment.
- How many available rental listings are in 46032?There are 81 available rental listings in 46032.
- What are some cities near 46032?Some nearby cities include: Carmel, Westfield, Zionsville, Whitestown, Fishers, Lawrence. These cities may have more rental options to explore.