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Apartments for Rent in Carmel, IN
184 Rentals Available

  • Top Rated for Location
    Today

    12415 N. Pennsylvania Street, Carmel, IN 46032
    6 Units available
    • 1 BED
    • 2 BEDS
    • $1,334+
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  • Top Rated for Location
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    110 W. Main St., Carmel, IN 46032
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,446+
    • $2,100+
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  • Top Rated for Location
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    382 Arbor Drive, Carmel, IN 46032
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    • 1 BED
    • 2 BEDS
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    2223 E 151St St, Carmel, IN 46033
    15 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,080+
    • $1,350+
    • $1,644+
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  • Today

    300 Providence Blvd, Carmel, IN 46032
    30 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,274+
    • $1,880+
    • $2,177+
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  • Top Rated for Location
    Today

    12415 N. Pennsylvania Street, Carmel, IN 46032
    6 Units available
    • 1 BED
    • 2 BEDS
    • $1,334+
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  • Top Rated for Location
    Today

    12890 Old Meridian Street, Carmel, IN 46032
    23 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $1,415+
    • $1,413+
    • $1,839+
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  • Top Rated for Location
    Today

    1411 Fairfax Manor Dr, Carmel, IN 46032
    13 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,342+
    • $1,615+
    • $1,673+
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  • Top Rated for Location
    Today

    1825 Jefferson Drive W, Carmel, IN 46032
    13 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,310+
    • $1,595+
    • $1,775+
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  • Top Rated for Location
    Today

    14637 Handel Drive, Carmel, IN 46032
    25 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,285+
    • $1,500+
    • $1,840+
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    1 day ago

    3008 Warren Way, Carmel, IN 46033
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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    • Studio
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    1111 W. Main Street, Carmel, IN 46032
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    • 1 BED
    • 2 BEDS
    • $1,370+
    • $1,879+
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  • Today

    945 Mohawk Hills, Carmel, IN 46032
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,305+
    • $1,495+
    • $1,675+
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    675 Beacon Street, Carmel, IN 46032
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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    • Ask for pricing
    • $2,560
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  • Today

    5815 Bluestem Court, Carmel, IN 46033
    1 Unit available
    • 4 BEDS
    • $2,725
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  • 50 days ago

    1340 ROHRER RD, CARMEL, IN 46032
    1 Unit available
    • 3 BEDS
    • $1,995
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  • Top Rated for Location
    1 day ago

    1501 Starcross Ln, Carmel, IN 46280
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Today

    1661 Sierra Springs, Carmel, IN 46280
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Top Rated for Location
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    951 Carlyle Lane, Indianapolis, IN 46240
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    • 1 BED
    • 2 BEDS
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  • Top Rated for Location
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    9250 Evergreen Avenue, Indianapolis, IN 46240
    9 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,170+
    • $1,520+
    • Ask for pricing
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  • Today

    4940 Webster Drive, Noblesville, IN 46062
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    • 2 BEDS
    • $1,839+
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  • Top Rated for Location
    Today

    1130 Racquet Club N. Dr., Indianapolis, IN 46260
    22 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $1,197+
    • $1,076+
    • $1,098+
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  • Top Rated for Location
    Today

    8901 River Crossing Blvd, Indianapolis, IN 46240
    13 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,587+
    • $1,781+
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  • Top Rated for Location
    1 day ago

    808 Clubhouse Drive, Westfield, IN 46074
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    • Studio
    • 1 BED
    • 2+ BEDS
    • Ask for pricing
    • $1,105+
    • $1,249+
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  • Today

    1540 Handball Lane, Indianapolis, IN 46260
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    • Studio
    • 1 BED
    • 2+ BEDS
    • $899+
    • $969+
    • $1,088+
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  • Today

    3914 Lake Clearwater Place, Indianapolis, IN 46240
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    • 1 BED
    • 2 BEDS
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Frequently Asked Questions

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

Prices and availability in Carmel, IN were last updated on 19 May 2022.

What are the best apartments in Carmel, IN?

The best apartments in Carmel, IN are: Penn Circle, Sophia Square, Lakes of Carmel, Carmel Landing Apartments and Providence at Old Meridian.

What is the average rent in Carmel, IN?

The average rent in Carmel, IN is $1,455. Start your search for apartments in Carmel, IN now.

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

The price range for a studio apartment in Carmel, IN is between $1,413 and $3,585. View all studio apartments in Carmel, IN.

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 $1,080 and $2,919. Browse all available 1-bedroom apartments in Carmel, IN now.

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 $1,259 and $5,188. Browse and find a 2-bedroom apartment in Carmel, IN.

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 $1,461 and $4,139. Browse all available 3-bedroom apartments in Carmel, IN.

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.

Carmel, IN Demographics

  • Total Population97,464
  • Female 47,277
    Male 50,187
  • Median Age39.4

Carmel, IN has a population of 97,464 according to the most recent data from the U.S. Census Bureau. 50,187 of Carmel’s residents are women and 47,277 are men. The median age of those who live in Carmel, IN is 39.4.

Average Rent in Carmel, IN

  • Carmel, IN Average Rental Price, April 2022 $1,455 /mo

The average monthly rent of apartments in Carmel, IN is $1,455.

Carmel, IN Apartment Rent Ranges

About 32% of apartment rents in Carmel, IN range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 5% of apartments. Around 57% of Carmel’s apartments are in the $1,001-$1,500 price range. 5% of apartments are priced between $701-$1,000.

Carmel, IN Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Apr / 2022
Carmel, IN $1,112 $1,173 $1,179 $1,178 $1,184 $1,222 $1,227 $1,288 $1,404 $1,455
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

Compared to the national average rent of $1,628, the average rent in Carmel, IN is $1,455.

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.

Carmel, IN Households

  • Total Number of Households36,954
  • Family 27,104
    Non-family 9,850
  • Children 14,158
    No Children 22,796
  • Average People Per Household2.62
  • Median Household Income$112,765
  • Median Housing Costs Per Month$1,437

According to U.S. Census data, there are 36,954 households in Carmel, IN. 27,104 are family households and 9,850 are non-family households. There are 14,158 households with children in Carmel and 22,796 households without children. On average, about 2.62 people live in a household in Carmel, IN. The median income of a Carmel household living in Carmel is $112,765 per year. The median housing costs per month are $1,437.

Carmel, IN Education Statistics

The level of education of the population of Carmel, IN is as follows: have no high school education, 13% completed some high school, 16% partially completed college, 5% have an Associate Degree, 39% have a Bachelor Degree, and 27% have a Graduate Degree.

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.

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 $899 and submit your rental application today!

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