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Cheap Apartments for Rent in Carmel, IN

Cheap Apartments for Rent in Carmel, IN. 289 Rentals Available
289 Rentals Available
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Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200

Apartments Under $700

  • Studio $699+
    1 bd $1,029
    2 bd $899+
    Base rent
    Verified Listing

    3.5 (3)
    9000 N. College Ave, Indianapolis, IN 46240
    Apply online • Pet friendly • Patio/Balcony

Apartments Under $800

  • Rent specials New Units Available
    Studio $731+
    1 bd $900+
    2 bd $1,100+
    Base rent
    Verified Listing

    4.0 (2)
    7601 Carlton Arms Dr, Indianapolis, IN 46256
    Apply online • Pet friendly • Fitness center
  • 1 bd $786+
    2 bd $1,110+
    3 bd $1,474+
    Base rent
    Verified Listing

    3.5 (18)
    7747 Santa Monica Drive, Indianapolis, IN 46268
    Apply online • Pet friendly • Parking

Apartments Under $900

  • 1 bd $802+
    2 bd $1,071+
    Base rent
    Verified Listing

    4.0 (31)
    951 Carlyle Lane, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • 1 bd $802+
    2 bd $1,071+
    Base rent
    Verified Listing

    4.5 (25)
    2455 Rolls Drive, Indianapolis, IN 46268
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    1 bd $865+
    2 bd $1,230
    3 bd $1,299+
    Base rent
    Verified Listing

    7136 Crystal Bay Drive E, Indianapolis, IN 46260
    Apply online • Pet friendly • Pool

Apartments Under $1,000

  • New Units Available
    Studio $900+
    1 bd $958+
    2 bd $1,045+
    Base rent
    Verified Listing

    4.5 (125)
    1540 Handball Lane, Indianapolis, IN 46260
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    1 bd $924+
    2 bd $1,108+
    3 bd $1,625+
    Base rent
    Verified Listing

    3.5 (24)
    7503 Ivywood Circle, Indianapolis, IN 46250
    Apply online • Pet friendly • Fitness center
  • 19 units available
    1 bd $930+
    2 bd $1,350
    3 bd $1,600
    Base rent Income restricted
    Verified Listing

    4.0 (21)
    7110 Township Line Road, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • New Units Available 41 units available
    1 bd $949+
    2 bd $1,027+
    3 bd $1,239+
    Base rent
    Verified Listing

    4.5 (13)
    6630 Glenbrook Drive, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center

  • More Rentals Near Carmel, IN

  • New Units Available 18 units available
    1 bd $973+
    2 bd $1,133+
    3 bd $1,986+
    Base rent Income restricted
    Verified Listing

    3.5 (14)
    7401 Merganser Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • Studio $979
    1 bd $1,079
    2 bd $1,369
    Base rent
    Verified Listing

    4.5 (12)
    3553 Founders Road, Indianapolis, IN 46268
    Apply online • Pet friendly • Fitness center
  • Only 3 units left
    1 bd $999
    2 bd $1,250
    3 bd $1,450
    Base rent
    Verified Listing

    5.0 (1)
    6111 Allisonville Rd, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center

Apartments Under $1,100

  • Rent specials New Units Available
    1 bd $1,010
    2 bd $1,200
    3 bd $1,525
    Base rent
    Verified Listing

    4.5 (4)
    1010 Clubhouse Ct, Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • 5 units available
    1 bd $1,050+
    2 bd $1,255+
    3 bd $1,840+
    Base rent
    Verified Listing

    8320 Spyglass Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • 1640 Barn - Axos Bank Chimera, LLC 1 Apartment for Rent
    Only 1 unit left
    1 bd $1,095
    Base rent
    Verified Listing

    1640 Barn - Axos Bank Chimera, LLC, Carmel, IN 46280
    Apply online • Pet friendly

Apartments Under $1,200

  • New Units Available
    1 bd $1,175+
    2 bd $1,335+
    3 bd $1,655+
    Base rent
    Verified Listing

    5.0 (5)
    11640 Breezy Point Ln, Fishers, IN 46037
    Apply online • Cat friendly • Parking
  • New Units Available
    1 bd $1,248+
    2 bd $1,180+
    Base rent
    Verified Listing

    4.5 (38)
    808 Clubhouse Drive W, Westfield, IN 46074
    Apply online • Pet friendly • Fitness center
  • New Units Available
    1 bd $1,231
    2 bd $1,801
    Base rent
    Verified Listing

    4.5 (16)
    880 Maple Avenue, Noblesville, IN 46060
    Apply online • Pet friendly • Parking
  • New Units Available
    1 bd $1,250+
    2 bd $1,390+
    3 bd $1,615+
    Base rent
    Verified Listing

    4.5 (10)
    945 Mohawk Hills, Carmel, IN 46032
    Apply online • Pet friendly • Fitness center
  • New Units Available 30 units available
    1 bd $1,275+
    2 bd $1,453+
    3 bd $2,066+
    Total monthly cost
    Verified Listing

    10950 Lantern Woods Blvd., Fishers, IN 46038
    Apply online • Pet friendly • Fireplace
  • New Units Available 6 units available
    1 bd $1,290+
    2 bd $1,470+
    3 bd $1,770+
    Base rent
    Verified Listing

    4.5 (30)
    11757 Garden Circle East, Fishers, IN 46038
    Apply online • Pet friendly • Fitness center

  • More Rentals Near Carmel, IN

  • 24 units available
    1 bd $1,290+
    2 bd $1,500+
    3 bd $1,820+
    Base rent
    Verified Listing

    4.5 (9)
    12347 Windsor Drive, Fishers, IN 46038
    Apply online • Pet friendly • Parking
  • 58 units available
    Studio $1,366+
    1 bd $1,433+
    2 bd $2,061+
    Base rent
    Verified Listing

    4.0 (1)
    170 Jersey Street, Westfield, IN 46074
    Apply online • Pet friendly • Parking
  • New Units Available
    Studio $1,390+
    1 bd $1,590+
    2 bd $2,095+
    Base rent
    Verified Listing

    1685 E. 116Th Street, Carmel, IN 46032
    Apply online • Pet friendly • Parking
4-21-city

Frequently asked questions

What is the price of a cheap apartment in Carmel, IN?

The price range of a cheap apartment is between $1,010 and $3,883.

How many cheap rentals are available in Carmel, IN on RentCafe?

There are 18 cheap rentals available on RentCafe. Prices and availability in Carmel, IN were last updated on 4 Aug 2026.

What is the average size of a cheap apartment in Carmel, IN?

The average Carmel, IN cheap apartment size is 966 sq. ft.

What are the advantages of renting a cheap apartment in Carmel, IN?

Cheap apartments in Carmel, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Carmel, IN?

A cheap apartment in Carmel, IN offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Carmel, IN? With RentCafe, finding an affordable apartment in Carmel, IN has never been easier. We feature 289 low-priced rentals directly from property managers, with rents lower than the Carmel, IN average. What is a cheap rent in Carmel, IN? The average apartment rent in Carmel is $1,704 per month so any rental south of $1,363 would be considered cheap here. On RentCafe, Carmel, IN rents go as low as $699/mo.