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Cheap Apartments for Rent in Carmel, IN - 65 Rentals available

Apartments Under $800

Apartments Under $900

Apartments Under $1,000

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Looking for a cheap apartment for rent in Carmel, IN? With RENTCafé, finding an affordable apartment in Carmel, IN has never been easier. We feature 65 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 $1,073 per month so any rental south of $859 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $496 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $645, while a cheap 2-bedroom apartment will cost you about $792 per month. On RENTCafé, Carmel, IN rents go as low as $780/mo.