Cheap Apartments for Rent in Carmel, IN
120 rentals
Use arrow keys to navigate
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigate
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,238 - $1,948/mo
1-3 Beds
1-2 BathsProvidence at Old Meridian | 300 Providence Blvd #20214,
Carmel, IN 46032
Use arrow keys to navigatePET FRIENDLY$1,259 - $1,609/mo1-2 Beds1-2 BathsThe Gallery Apartments | 35 Rosewalk Cir #3-03-2A,
Carmel, IN 46032
PET FRIENDLY
PET FRIENDLY$1,280 - $4,466/moStudio-3 Beds1-3 BathsThe Wren & The Windsor | 750 Veterans Way #cad157cda,
Carmel, IN 46032
SPECIAL OFFERPET FRIENDLY$1,282 - $2,208/mo1-3 Beds1-3 BathsLegacy Towns & Flats | 14471 Community Dr #14446-2D,
Carmel, IN 46033
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,290 - $1,722/mo1-2 Beds1-3 BathsHighpointe on Meridian | 13415 Highpointe Blvd #5-206,
Carmel, IN 46032
SPECIAL OFFERPET FRIENDLY$1,300 - $1,855/mo1-3 Beds1-2 BathsNorth Haven of Carmel Apartments | 4690 Haven Point Blvd #4669C,
Indianapolis, IN 46280
NEW - 10 HRS AGOPET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY$1,413 - $1,998/mo1-3 Beds1-2 BathsThe Village on Spring Mill | 14637 Handel Dr #1527,
Carmel, IN 46032
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,564 - $2,208/mo1-3 Beds1-2 BathsLakeside of Carmel Apartments | 12484 Breaklines St #17-204,
Carmel, IN 46032
PET FRIENDLY$1,570 - $3,345/mo1-2 Beds1-2 BathsThe Residences at Carmel City Center | 720 S Rangeline Rd #c89bc76ab,
Carmel, IN 46032
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY$1,649 - $2,993/mo1-3 Beds1-2 BathsThe Steadman Apartments of Carmel | 11325 Springmill Rd #204,
Carmel, IN 46032
PET FRIENDLY$1,650 - $2,980/mo1-3 Beds1-2 BathsThe Kent at Carmel City Center | 301 American Way N #bd02589b9,
Carmel, IN 46032
SPECIAL OFFERPET FRIENDLYTotal price$1,685 - $3,485/mo1-2 Beds1-2 BathsLetolie Apartments | 833 W Main St #203,
Carmel, IN 46032
SPECIAL OFFERPET FRIENDLY
NEW - 8 HRS AGOPET FRIENDLYFURNISHED
SPECIAL OFFERPET FRIENDLY$1,735 - $2,443/mo1-2 Beds1-2 BathsVER at Proscenium Apartments | 1225 Veterans Way #20-208,
Carmel, IN 46032
$1,762 - $3,345/mo2-3 Beds2-3 BathsThe Residences at Carmel City Center | 770 3rd Ave SW #416,
Carmel, IN 46032
SPECIAL OFFERPET FRIENDLY$1,787 - $3,235/mo1-3 Beds1-2 BathsThe Residences at The Playfair | 880 Monon Green Blvd #316,
Carmel, IN 46032
PET FRIENDLY
APPLY INSTANTLY
Save Search in Carmel, IN
CarmelGet emails when new homes match this search
Average Rent Trends in Carmel, IN
Rent in Carmel, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,400 |
| Jul 2025 | $2,445 |
| Aug 2025 | $2,500 |
| Sep 2025 | $2,400 |
| Oct 2025 | $2,295 |
| Nov 2025 | $2,295 |
| Dec 2025 | $2,346 |
| Jan 2026 | $2,295 |
| Feb 2026 | $2,400 |
| Mar 2026 | $2,295 |
| Apr 2026 | $2,250 |
| May 2026 | $2,250 |
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 | $1,563 | $1,995 | $2,650 | $2,950 | $2,216 |
| Townhomes | — | $1,955 | $2,650 | $2,899 | $2,500 |
| Apartments and Condos | $950 | $1,995 | $2,650 | $2,400 | $1,850 |
| Houses | $1,200 | $1,850 | $2,450 | $2,950 | $2,850 |
Frequently Asked Questions about Rentals in Carmel, IN
- What is the average rent of an apartment in Carmel, IN?The average rent of an apartment in Carmel, IN is $1,938 per month. This is about 0% higher than the national average.
- What is the average rent of a house in Carmel, IN?The average rent of a house in Carmel, IN is $2,850 per month. This is about 48% higher than the national average.
- What is the average rent of a townhome in Carmel, IN?The average rent of a townhome in Carmel, IN is $2,500 per month. This is about 30% higher than the national average.
- When is the average rent cheapest in Carmel, IN?In the last year, the average rent in Carmel, IN was lowest in Oct 2025 when it was $2,295 per month.
- When is the average rent most expensive in Carmel, IN?In the last year, the average rent in Carmel, IN was highest in Aug 2025 when it was $2,500 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Carmel, IN?The average rent of a 1 bedroom apartment in Carmel, IN is $1,563 per month. That is about $185 more than the cost of a studio apartment.
- How many available rental listings are in Carmel, IN?There are 114 available rental listings in Carmel, IN.
- What are some neighborhoods in Carmel, IN?Some neighborhoods in Carmel, IN include: Home Place.
- What are some zip codes in Carmel, IN?
- What are some cities near Carmel, IN?Some nearby cities include: Westfield, Zionsville, Fishers, Lawrence, Whitestown. These cities may have more rental options to explore.