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Cheap Apartments for Rent in Carmel, IN

Cheap Apartments for Rent in Carmel, IN. 290 Rentals Available
290 Rentals Available

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Apartments Under $600

  • Rent specials
    2 bd $991+
    3 bd $569+
    Base rent Income restricted
    17754 Copse Drive, Noblesville, IN 46062
    Pet friendly

Apartments Under $800

  • 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

Apartments Under $900

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

    4.0 (30)
    951 Carlyle Lane, Indianapolis, IN 46240
    Apply online • Pet friendly
  • 1 bd $802+
    2 bd $1,071+
    Base rent
    Verified Listing

    4.5 (24)
    2455 Rolls Drive, Indianapolis, IN 46268
    Apply online • Pet friendly
  • New units available
    Studio $809+
    1 bd $929+
    2 bd $1,009+
    Base rent
    Verified Listing

    3.5 (3)
    9000 N. College Ave, Indianapolis, IN 46240
    Apply online • Pet friendly
  • Rent specials New units available
    Studio $864+
    1 bd $936+
    2 bd $1,045+
    Base rent
    4.5 (123)
    1540 Handball Lane, Indianapolis, IN 46260
    Apply online • Pet friendly
  • More Rentals Near Carmel, IN

  • Rent specials New units available
    Studio $947+
    1 bd $896+
    2 bd $1,194+
    Base rent
    7601 Carlton Arms Dr, Indianapolis, IN 46256
    Apply online • Pet friendly
  • 5 units available
    1 bd $899
    2 bd $1,299+
    3 bd $1,450
    Base rent
    Verified Listing

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

Apartments Under $1,000

  • Rent specials New units available
    1 bd $919+
    2 bd $997+
    3 bd $1,249+
    Base rent
    Verified Listing

    5.0 (11)
    6630 Glenbrook Drive, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center
  • Studio $979+
    1 bd $1,079
    2 bd $1,369
    Base rent
    4.5 (11)
    3553 Founders Road, Indianapolis, IN 46268
    Apply online • Pet friendly

Apartments Under $1,100

  • 16 units available
    1 bd $1,009+
    2 bd $1,102+
    Base rent Income restricted
    Verified Listing

    3.5 (14)
    7401 Merganser Drive, Indianapolis, IN 46260
    Apply online • Pet friendly
  • Rent specials New units available
    1 bd $1,020+
    2 bd $1,290+
    Base rent
    8320 Spyglass Drive, Indianapolis, IN 46260
    Apply online • Pet friendly
  • Rent specials New units available
    1 bd $1,070
    3 bd $1,580
    Base rent Income restricted
    Verified Listing

    4.0 (21)
    7110 Township Line Road, Indianapolis, IN 46260
    Apply online • Pet friendly
  • Only 1 unit left
    1 bd $1,095
    Base rent
    1640 Barn - Axos Bank Chimera, LLC, Carmel, IN 46280
    Apply online • Pet friendly
  • More Rentals Near Carmel, IN

Apartments Under $1,200

  • Rent specials New units available
    2 bd $1,108+
    Base rent
    Verified Listing

    3.5 (24)
    7503 Ivywood Circle, Indianapolis, IN 46250
    Apply online • Pet friendly
  • New units available
    2 bd $1,230
    3 bd $1,165+
    Base rent
    Verified Listing

    7136 Crystal Bay Drive E, Indianapolis, IN 46260
    Apply online • Pet friendly
  • Rent specials
    1 bd $1,169+
    2 bd $1,379+
    3 bd $1,655+
    Base rent
    Verified Listing

    5.0 (5)
    11640 Breezy Point Ln, Fishers, IN 46037
    Apply online • Cat friendly
  • Rent specials
    1 bd $1,224+
    2 bd $1,193+
    Base rent
    4.5 (38)
    808 Clubhouse Drive W, Westfield, IN 46074
    Apply online • Pet friendly
  • More Rentals Near Carmel, IN

  • Rent specials New units available
    1 bd $1,210
    2 bd $1,379
    3 bd $1,608
    Base rent
    Verified Listing

    4.5 (4)
    1010 Clubhouse Ct, Carmel, IN 46032
    Apply online • Pet friendly
  • 13 units available
    1 bd $1,240+
    2 bd $1,420+
    3 bd $1,720+
    Base rent
    Verified Listing

    4.5 (30)
    11757 Garden Circle East, Fishers, IN 46038
    Apply online • Pet friendly
  • 26 units available
    1 bd $1,247+
    2 bd $1,507+
    3 bd $1,751+
    Total monthly cost
    10950 Lantern Woods Blvd., Fishers, IN 46038
    Apply online • Pet friendly
  • New units available
    1 bd $1,250+
    2 bd $1,405+
    3 bd $1,665+
    Base rent
    Verified Listing

    4.5 (10)
    945 Mohawk Hills, Carmel, IN 46032
    Apply online • Pet friendly
  • More Rentals Near Carmel, IN

  • 17 units available
    1 bd $1,250+
    2 bd $1,390+
    3 bd $1,710+
    Base rent
    Verified Listing

    4.5 (9)
    12347 Windsor Drive, Fishers, IN 46038
    Apply online • Pet friendly
  • New units available
    Studio $1,395+
    1 bd $1,635+
    2 bd $2,190+
    Base rent
    Verified Listing

    1685 E. 116Th Street, Carmel, IN 46032
    Apply online • Pet friendly
  • Rent specials New units available
    Studio $1,423+
    1 bd $1,617+
    2 bd $2,340+
    Base rent
    4.0 (1)
    170 Jersey Street, Westfield, IN 46074
    Apply online • Pet friendly
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 $1,095 and $4,103.

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

There are 15 cheap rentals available on RentCafe. Prices and availability in Carmel, IN were last updated on 15 May 2026.

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

The average Carmel, IN cheap apartment size is 967 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.