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Cheap Apartments for Rent in Carmel, IN
188 Rentals Available

Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,300

Apartments Under $800

  • Today

    7747 Santa Monica Drive, Indianapolis, IN 46268
    1 BED $726+
    2 BEDS $1,005+
    3 BEDS $1,284+
  • Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED $733+
    2 BEDS $966+
  • Today

    2455 Rolls Drive, Indianapolis, IN 46268
    1 BED $742+
    2 BEDS $966+
  • 4 days ago

    1130 Racquet Club North Drive, Indianapolis, IN 46260
    1 BED $745+
    2 BEDS $1,243+
    3 BEDS Ask for Pricing
  • Today

    7110 Township Line Road, Indianapolis, IN 46260
    Income Restricted
    1 BED $779
    2 BEDS Ask for Pricing
    3 BEDS $1,266
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Apartments Under $900

  • Today

    9000 N. College Ave, Indianapolis, IN 46240
    STUDIO $800
    1 BED $895+
    2 BEDS $1,115
  • Today

    1540 Handball Lane, Indianapolis, IN 46260
    STUDIO $872+
    1 BED $946+
    2 BEDS $1,082+

Apartments Under $1,000

  • Today

    7503 Ivywood Circle, Indianapolis, IN 46250
    1 BED $949+
    2 BEDS $1,079+
    3 BEDS $1,558+
  • Today

    8850 River Bend Parkway, Indianapolis, IN 46250
    1 BED $972
    2 BEDS $1,225+
  • Today

    7136 Crystal Bay Drive E, Indianapolis, IN 46260
    1 BED $990
    2 BEDS $1,230
    3 BEDS $1,015+

Apartments Under $1,100

  • Today

    808 Clubhouse Drive W, Westfield, IN 46074
    STUDIO $1,090+
    1 BED $1,203+
    2 BEDS $1,229+

Apartments Under $1,200

  • Today

    1854 Century Way, Indianapolis, IN 46260
    1 BED $1,130
    2 BEDS $1,271
  • Today

    11640 Breezy Point Drive, Fishers, IN 46037
    1 BED $1,136+
    2 BEDS $1,379+
    3 BEDS $1,584+
  • Today

    3553 Founders Road, Indianapolis, IN 46268
    STUDIO Ask for Pricing
    1 BED $1,145+
    2 BEDS $1,494
  • Today

    11757 Garden Circle East, Fishers, IN 46038
    1 BED $1,180+
    2 BEDS $1,360+
    3 BEDS $1,660+

Apartments Under $1,300

  • Today

    880 Maple Avenue, Noblesville, IN 46060
    1 BED $1,215
    2 BEDS $1,740
  • 3 days ago

    10950 Lantern Woods Blvd., Fishers, IN 46038
    1 BED $1,220+
    2 BEDS $1,516+
    3 BEDS Ask for Pricing
  • Today

    12347 Windsor Drive, Fishers, IN 46038
    1 BED $1,230+
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    1010 Clubhouse Ct, Carmel, IN 46032
    1 BED $1,233+
    2 BEDS $1,280+
    3 BEDS $1,608+
  • Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,245+
    2 BEDS $1,540+
    3 BEDS $1,705+
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  • Today

    300 Providence Blvd, Carmel, IN 46032
    1 BED $1,342+
    2 BEDS $1,791+
    3 BEDS $2,468+
  • Today

    1825 Jefferson Drive W, Carmel, IN 46032
    1 BED $1,360+
    2 BEDS $1,570+
    3 BEDS $1,815+
  • Today

    2201 Williams Glen Blvd, Zionsville, IN 46077
    1 BED $1,380+
    2 BEDS $1,565+
  • Today

    1685 E. 116Th Street, Carmel, IN 46032
    STUDIO $1,480+
    1 BED $1,490+
    2 BEDS $2,030+
  • Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
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6-19-city
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Getting around in Carmel, IN

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

Frequently asked questions

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

The price range of a cheap apartment is between $1,233 and $2,925.

How many cheap rentals are available in Carmel, IN on RentCafe?

There are 135 cheap rentals available on RentCafe. Prices and availability in Carmel, IN were last updated on 26 Apr 2025.

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

The average Carmel, IN cheap apartment size is 1,163 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.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

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 190 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 $1,627 per month so any rental south of $1,302 would be considered cheap here. On RentCafe, Carmel, IN rents go as low as $726/mo.

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