Save search
Skip the filters. Search with AI Mode instead.

Cheap Apartments for Rent in Carmel, IN

Cheap Apartments for Rent in Carmel, IN. 302 Rentals Available
302 Rentals Available

Quick filters

Apartments Under $600

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

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
    Pet friendly • Parking • Pool

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 (24)
    2455 Rolls Drive, Indianapolis, IN 46268
    Apply online • Pet friendly • Parking
  • Rent specials New units available
    Studio $849
    1 bd $929+
    2 bd $1,049+
    Base rent
    Verified Listing

    3.5 (3)
    9000 N. College Ave, Indianapolis, IN 46240
    Apply online • Pet friendly • Patio/Balcony
  • 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 • Fitness center
  • More Rentals Near Carmel, IN

Apartments Under $1,000

Apartments Under $1,100

  • Rent specials New units available
    1 bd $1,003+
    2 bd $1,148+
    3 bd $1,980+
    Base rent Income restricted
    Verified Listing

    3.5 (14)
    7401 Merganser Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • Rent specials New units available
    Studio $1,011+
    1 bd $1,053+
    2 bd $1,180+
    Base rent
    4.5 (38)
    808 Clubhouse Drive W, Westfield, IN 46074
    Apply online • Pet friendly • Fitness center
  • Rent specials New units available
    1 bd $1,034+
    2 bd $1,127+
    3 bd $1,324+
    Base rent
    Verified Listing

    5.0 (12)
    6630 Glenbrook Drive, Indianapolis, IN 46220
    Apply online • Pet friendly • Fitness center
  • Rent specials 7 units available
    1 bd $1,060+
    2 bd $1,235+
    3 bd $1,785+
    Base rent
    8320 Spyglass Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Parking
  • More Rentals Near Carmel, IN

  • Only 1 unit left
    1 bd $1,095
    Base rent
    1640 Barn - Axos Bank Chimera, LLC, Carmel, IN 46280
    Apply online • Pet friendly

Apartments Under $1,200

  • Rent specials
    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
  • Rent specials New units available
    1 bd $1,210
    2 bd $1,130+
    3 bd $1,458+
    Base rent
    Verified Listing

    4.5 (4)
    1010 Clubhouse Ct, Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • Rent specials New units available
    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 • 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 $1,095 and $3,867.

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 23 Jun 2026.

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

The average Carmel, IN cheap apartment size is 962 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 302 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 $1,685 per month so any rental south of $1,348 would be considered cheap here. On RentCafe, Carmel, IN rents go as low as $569/mo.