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Apartments for Rent in Carmel, IN under $1500

Apartments for Rent in Carmel, IN under $1500. 140 Rentals Available
140 Rentals Available

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  • Rent specials 14 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 Only 2 units left
    1 bd $1,495+
    Base rent
    Verified Listing

    675 Beacon St., Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $1,301+
    Base rent
    Verified Listing

    3.0 (9)
    382 Arbor Dr, Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $1,484+
    Total monthly cost
    Verified Listing

    4.5 (8)
    12415 N. Pennsylvania Street, Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $1,431+
    Base rent
    4.0 (32)
    1411 Fairfax Manor Dr, Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • 1 bd $1,200+
    2 bd $1,420+
    Base rent
    Verified Listing

    4.5 (10)
    945 Mohawk Hills, Carmel, IN 46032
    Apply online • Pet friendly • Fitness center
  • Studio $1,350+
    Base rent
    Verified Listing

    1685 E. 116Th Street, Carmel, IN 46032
    Apply online • Pet friendly • Parking
  • Only 1 unit left
    1 bd $1,475
    Base rent
    4.5 (8)
    12880 University Crescent, Carmel, IN 46032
    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

  • Rent specials 6 units available
    Studio $1,340+
    1 bd $1,480+
    Base rent
    Verified Listing

    5.0 (4)
    8901 River Crossing Blvd, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • 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
  • Rent specials
    Studio $1,387+
    Base rent
    Verified Listing

    9433 Avant Ave, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • Rent specials 15 units available
    1 bd $1,132+
    2 bd $1,263+
    Base rent
    Verified Listing

    5.0 (9)
    9250 Evergreen Avenue, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • Rent specials 34 units available
    1 bd $950
    2 bd $1,195
    Base rent Income restricted
    Verified Listing

    8921 Compton St, Indianapolis, IN 46240
    Apply online • Pet friendly • In unit laundry
  • Rent specials
    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
    Studio $1,387+
    Base rent
    Verified Listing

    9433 Avant Ave, Indianapolis, IN 46240
    Apply online • Pet friendly
  • Rent specials
    Studio $1,447+
    Base rent
    Verified Listing

    9433 Avant Ave, Indianapolis, IN 46240
    Apply online • Pet friendly
  • Rent specials
    Studio $1,017+
    1 bd $1,073+
    2 bd $1,180+
    Base rent
    4.5 (38)
    808 Clubhouse Drive W, Westfield, IN 46074
    Apply online • Pet friendly • Fitness center
  • Rent specials
    Studio $900+
    1 bd $947+
    2 bd $1,045+
    Base rent
    4.5 (124)
    1540 Handball Lane, Indianapolis, IN 46260
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $1,305+
    Base rent
    5.0 (4)
    3914 Lake Clearwater Place, Indianapolis, IN 46240
    Apply online • Pet friendly • Parking
  • 17 units available
    1 bd $1,164+
    2 bd $1,402+
    Base rent
    Verified Listing

    4.5 (26)
    9280 Chelsea Village Drive, Indianapolis, IN 46260
    Apply online • Pet friendly • Fitness center
  • Only 3 units left
    2 bd $1,270
    Base rent Income restricted
    3.0 (4)
    8717 Old Town W Dr, Indianapolis, IN 46260
    Apply online • Pet friendly • Fitness center
  • Rent specials 10 units available
    2 bd $1,285+
    Total monthly cost
    5830 River Wood Drive, Indianapolis, IN 46250
    Apply online • Pet friendly • Parking
  • 1 bd $1,318+
    2 bd $1,224+
    Base rent
    Verified Listing

    4.0 (9)
    10190 Allisonville Road, Fishers, IN 46038
    Apply online • Pet friendly • Pool
  • 1 bd $1,473+
    Base rent
    Verified Listing

    4.5 (12)
    1501 Starcross Ln, Carmel, IN 46280
    Pet friendly • Fitness center • Pool
9-16-city



Frequently asked questions

When were prices and availability in Carmel, IN last updated?

Prices and availability in Carmel, IN were last updated on 21 Jun 2026.

What are the best apartments in Carmel, IN?
What type of rental buildings are in Carmel, IN?

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.

Your search for apartments in Carmel, IN under $1,500 stops here

Finding apartments for rent in Carmel, IN for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 140 available units in Carmel, IN, renting for under $1,500. On average, $1,583 can get you 993 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $1,500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,500 in Carmel, IN goes for $802 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.