Apartments for Rent in Carmel, IN

Prices and availability in Carmel, IN were last updated on 6 Oct 2026.

The best apartments in Carmel, IN are: North End Apartments, Portrait Midtown, Carmel Woods, Carmel Center and Sophia Square.

The average rent in Carmel, IN is $1,618.

The price range for a studio apartment in Carmel, IN is between $1,334 and $3,213.

The price range for a 1-bedroom apartment in Carmel, IN is between $1,200 and $8,835.

The price range for a 2-bedroom apartment in Carmel, IN is between $1,200 and $14,521.

The price range for a 3-bedroom apartment in Carmel, IN is between $1,296 and $7,612.

In Carmel 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 19% of Carmel's apartments are found in large buildings of 50 units or more, 64% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.

The average age of rental buildings in Carmel is 23 years old, with 65% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 98% are garden-style apartment communities, 18% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Carmel are around 0.4% of rentals, while 1-bedroom floor plans represent 45% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 44% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.