Cheap Houses for Rent in Carmel, IN
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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 Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,533 |
| Jul 2025 | $2,850 |
| Aug 2025 | $2,800 |
| Sep 2025 | $2,755 |
| Oct 2025 | $2,600 |
| Nov 2025 | $2,595 |
| Dec 2025 | $2,595 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,750 |
| Mar 2026 | $2,600 |
| Apr 2026 | $2,650 |
| May 2026 | $2,650 |
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 Houses for rent in Carmel, IN
- 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.
- When is the average rent cheapest in Carmel, IN?In the last year, the average rent in Carmel, IN was lowest in Jan 2025 when it was $2,515 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 Jul 2025 when it was $2,850 per month.
- How many houses are available to rent in Carmel, IN?There are 40 available houses to rent 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.