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Studio Apartments for Rent in Carmel, IN - 11 Rentals available

We found 2 rentals in Carmel, IN and 9 rentals nearby

  • Apartment in
    12890 Old Meridian Street, Carmel, IN
    $989 - $2,264
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 510-8859

We found 2 rentals within a 5-mile radius of Carmel, IN

We found 7 rentals within a 10-mile radius of Carmel, IN

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Carmel, IN Demographics

  • Total Population85,367
  • Female 40,865
    Male 44,502
  • Median Age39.2

Average Rent for Studios in Carmel, IN

  • The average rent for studios in Carmel, IN, September 2018$1,073/mo
  • Studio$708
  • 1 Bedroom$922
  • 2 Bedrooms$1,132

Carmel, IN Studios Rent Ranges

  • $501-$70072%
  • $701-$1,00028%

Carmel, IN Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Sep / 2018 $1,073 $708
Jan / 2018 $1,070 $708
Sept / 2017 $1,059 $695
May / 2017 $1,072 $705
Jan / 2017 $1,071 $661
Sept / 2016 $1,070 $654
May / 2016 $1,060 $632
Jan / 2016 $1,056 $612
Sept / 2015 $1,045 $649
May / 2015 $1,042 $641

Carmel, IN Households

  • Total Number of Households31,462
  • Children 12,838
    No Children 18,624
  • Average People Per Household2.7
  • Median Household Income$106,433
  • Median Housing Costs Per Month$1,469

Carmel, IN Education Statistics

  • No High School1%
  • Some High School14%
  • Some College15%
  • Associate Degree4%
  • Bachelor Degree38%
  • Graduate Degree28%

Renting a studio apartment in Carmel, IN

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Carmel, IN is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 2 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time.

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Carmel, IN with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Carmel, IN costs a monthly $2,264.