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Apartments for Rent in Carmel, IN

295 Rentals Available
  • a living room with white furniture and a blue rug
    16
    Today

    110 W. Main St., Carmel, IN 46032
    1 BED $1,483+
    2 BEDS $2,347+
    3 BEDS Ask for Pricing
  • a living room with a fireplace and a table with a plant
    25
    Today

    1411 Fairfax Manor Dr, Carmel, IN 46032
    1 BED $1,254+
    2 BEDS $1,426+
    3 BEDS $1,937+
  • a living room with couches and a stone fireplace
    21
    Today

    3008 Warren Way, Carmel, IN 46033
    1 BED $1,199+
    2 BEDS $1,390+
    3 BEDS $1,925
  • a living room with couches and a coffee table
    18
    Today

    382 Arbor Drive, Carmel, IN 46032
    1 BED $1,301+
    2 BEDS $1,607+
  • a living room with a couch and two chairs
    13
    Today

    1111 W. Main Street, Carmel, IN 46032
    1 BED $1,513+
    2 BEDS $1,658+
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  • A living room with a fireplace and a large painting on the wall.
    14
    Today

    12415 N. Pennsylvania Street, Carmel, IN 46032
    1 BED $1,371+
    2 BEDS $1,599+
  • a living room with a couch and a television
    16
    Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,225+
    2 BEDS $1,395+
    3 BEDS $1,545+
  • A kitchen with brown cabinets and a granite countertop.
    Today

    5815 Bluestem Court, Carmel, IN 46033
    4 BEDS $2,775
  • a kitchen with white cabinets and black appliances
    6
    Today

    1010 Clubhouse Ct, Carmel, IN 46032
    1 BED $1,190+
    2 BEDS $1,280
    3 BEDS $1,608
  • a living room with couches and a glass coffee table
    10
    Today

    12890 Old Meridian Street, Carmel, IN 46032
    STUDIO $1,373+
    1 BED $1,327+
    2 BEDS $1,750+
  • a living room with a couch and a tv
    14
    Today

    1685 E. 116Th Street, Carmel, IN 46032
    STUDIO $1,120+
    1 BED $1,455+
    2 BEDS $1,775+
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  • A living room with a blue chair and a glass table.
    5 days ago

    1225 Veterans Wy, Carmel, IN 46032
    1 BED $1,381+
    2 BEDS $1,952+
  • A living room with a brown leather couch and a flat screen TV mounted on the wall.
    9
    Today

    13111 Old Meridian Street, Carmel, IN 46032
    STUDIO $1,570
    1 BED $1,520+
    2 BEDS $2,009
  • a living room with a couch and a television
    Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,225+
    2 BEDS $1,395+
    3 BEDS $1,545+
  • 1640 Barn - Axos Bank Chimera, LLC 1 Bed Apartment for Rent
    Today

    1640 Barn - Axos Bank Chimera, LLC, Carmel, IN 46280
    1 BED $1,095
  • A kitchen with a black stove top oven and white cabinets.
    Today

    3768 East Carmel Drive, Carmel, IN 46033
    5 BEDS $3,000
  • A kitchen with white cabinets and a granite countertop.
    Today

    230 Heritage Lane, Carmel, IN 46032
    3 BEDS $2,975
  • Interactive banner bedroom
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  • A kitchen with white countertops and wooden floors.
    Today

    871 Rosemary Gardens, Carmel, IN 46032
    5 BEDS $8,975
  • A white dishwasher is in a kitchen with black cabinets.
    Today

    10807 Central Avenue, Indianapolis, IN 46280
    2 BEDS $1,600
  • A kitchen with white cabinets and a black countertop.
    Today

    10790 Ruckle St, Indianapolis, IN 46280
    2 BEDS $1,595
  • A kitchen with wooden floors and white cabinets.
    Today

    1107 E 105Th St, Indianapolis, IN 46280
    2 BEDS $1,595
  • a living room with a couch and a ceiling fan
    20
    Today

    1501 Starcross Ln, Carmel, IN 46280
    1 BED $1,451+
    2 BEDS $1,900+
    3 BEDS $2,427+
  • a living room with a fireplace and a tv
    15
    Today

    1661 Sierra Springs, Carmel, IN 46280
    1 BED $1,568
    2 BEDS $1,952
    3 BEDS $2,368+
  • a living room with blue couches and a fireplace
    221
    Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED $762+
    2 BEDS $996+
  • A living room with a green couch and a coffee table with a vase on it.
    Today

    9433 Avant Ave, Indianapolis, IN 46240
    STUDIO $1,199+
    1 BED $1,399+
    2 BEDS $1,860+
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Carmel, IN rent trends

Rental prices in Carmel, IN have decreased by 0.43% over the past year. The average rent moved from $1,652 to $1,645.

Check out the average rent prices in Carmel by neighborhood.

Compared to the national average rent of $1,750, the average rent in Carmel, IN is $1,645.

Average rent in Carmel, IN

$1,645/mo Carmel, IN average rental price, September 2025
Image Average Rent

The average monthly rent of apartments in Carmel, IN is $1,645.

    What's the typical rent budget in Carmel, IN?

    About 9% of apartment rents in Carmel, IN range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 4% of apartments. Around 45% of Carmel’s apartments are in the $1,501-$2,000 price range. 41% of apartments are priced between $1,001-$1,500. A share of 1% of apartment rentals in Carmel are in the > $3,000 range.

    The largest share of rentals in Carmel, IN (45%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Carmel, IN

    64 /100
    Somewhat Walkable
    76 /100
    Very Bikeable
    Walk Score®: 64, Bike Score®: 76

    Frequently asked questions

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

    Prices and availability in Carmel, IN were last updated on 18 Nov 2025.

    What are the best apartments in Carmel, IN?

    The best apartments in Carmel, IN are: Sophia Square, Alexandria of Carmel Apartments, Woodland Springs Apartment Homes, Lakes of Carmel and The Olivia.

    What is the average rent in Carmel, IN?

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

    What is the price range for a studio apartment in Carmel, IN?

    The price range for a studio apartment in Carmel, IN is between $1,155 and $4,465.

    What is the price range for a 1-bedroom apartment in Carmel, IN?

    The price range for a 1-bedroom apartment in Carmel, IN is between $1,095 and $2,652.

    What is the price range for a 2-bedroom apartment in Carmel, IN?

    The price range for a 2-bedroom apartment in Carmel, IN is between $1,280 and $4,739.

    What is the price range for a 3-bedroom apartment in Carmel, IN?

    The price range for a 3-bedroom apartment in Carmel, IN is between $1,190 and $4,739.

    What type of rental buildings are in Carmel, IN?

    In Carmel, 25% of the residents are renting compared to 75% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Carmel’s rentals, 65% are small-scale complexes with under 50 units, and 17% are single-family rentals.

    What do typical apartment communities look like in Carmel, IN?

    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.

    What apartment floorplans are common in Carmel, IN?

    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.

    Living in Carmel, IN

    Located just 20 miles north of Indianapolis, Carmel is frequently cited as one of the best places to live in the U.S. due to its peaceful environment and the amenities. It is particularly popular among families because it is very safe and has a highly rated school system. Many national and multinational companies have offices in Carmel along Meridian Street, which attracts a large crown of experienced professionals. Carmel is also known for its performing arts center, which has three theaters with a full calendar of theater, music and dance performances throughout the year. Additionally, Carmel has some of the best outdoor amenities in the Indianapolis metropolitan area. Renters have access to an outdoor waterpark, a large network of hiking and biking trails, golf clubs and a beautiful town center area.

    Renting in Carmel, IN

    Carmel has grown quickly over the last few decades, which means there are plenty of new condos and apartment buildings to accommodate demand. In Carmel, rents tend to be higher than in Indianapolis or in neighboring suburbs. Many properties here are designed with families in mind and are very safe. The architecture in Carmel tends to be stately and elegant, although there are some apartment properties with a modern industrial feel. Many of these new apartment buildings are concentrated around Old Town Carmel. These are mostly luxury developments with amenities like fitness centers, roof decks, pools, coworking spaces and more. However, there are some smaller condo buildings and detached homes located outside of the downtown area. Demand for housing in Carmel is very high and renting an apartment here can be competitive.

    Things for renting

    Shopping in Carmel, IN

    Carmel renters don’t have to travel far to go shopping. Clay Terrace is an upscale outdoor shopping center that is located on the north side of town. On the south end of town is the Carmel Marketplace and Merchant’s Square shopping centers. There are many grocery stores conveniently located throughout Carmel, including Kroger, Meijer, Whole Foods and Aldi. There is also plenty of shopping in the Carmel City Center district, which features upscale local boutiques. This is also where many of Carmel’s best restaurants are located.

    Transportation in Carmel, IN

    Carmel is very spread out and has very few walkable areas, so renters rely on cars to get to work and run most errands. As a result, many rental properties in Carmel offer free parking. There are some bike trails in the area and many roads have bike lanes as well. Biking is a popular transportation option in the summer, but cold, snowy weather can make biking difficult in the winter. There is no public transportation in Carmel. The Indianapolis bus system has stops in nearby Keystone, but does not extend to Carmel. There also aren’t any Amtrak or commuter rail trains in this area. Renters who don’t have a car typically use ridesharing services such as Uber and Lyft. For air travel, the closest major airport to Carmel is the Indianapolis International Airport, located about 33 miles from the city center.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Carmel, IN. Easily search through a wide selection of apartments for rent in Carmel, IN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Carmel, IN apartments with rents starting from $729 and submit your rental application today!

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!