Studio Apartments for Rent in Carmel, IN: from $485

Q: What are the downsides of renting a studio apartment in Carmel, IN?

1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs. You might be interested in 1 bedroom apartments , 2 bedroom apartments or 3 bedroom apartments , or browse all RentCafe apartments for rent in Carmel, IN .

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Rent prices in cities near Carmel, IN

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Rent prices in Carmel, IN's popular neighborhoods

Apartments in Carmel City Center $1,615
Apartments in Carmel Science and Technology Park $1,615
Apartments in Eden Estates $1,601
Apartments in Hunters Glen $1,615
Apartments in North Meridian Heights $1,615
Apartments in Providence at Old Meridian $1,615
Apartments in R A Franke $1,615
Apartments in Stone Haven at Haverstick $1,511
Apartments in Village Farms $1,615
Apartments in Village on the Monon $1,615

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Popular zip codes in Carmel, IN

Apartments in 46032

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Average rent in Carmel, IN

$1,601/mo Carmel, IN average rental price, May 2023

Apartments in Carmel, IN rent for $1,601 per month, on average.

Carmel, IN apartment rent ranges

1% of apartments in Carmel, IN are priced between $701-$1,000. About 43% charge rents in the $1,001-$1,500 range. Approximately 43% of Carmel’s apartment rentals are priced between $1,501-$2,000. Meanwhile, 13% of apartments are in the most expensive > $2,000 range.

Carmel, IN rent trends

Check out the average rent prices in Carmel by neighborhood.

The average monthly rent in Carmel, IN is around $1,601, while the national average rent is $1,727.

Getting around in Carmel, IN

64 /100

Somewhat Walkable

76 /100

Very Bikeable

Walk Score®: 64, Bike Score®: 76

Frequently asked questions

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

The average Carmel, IN studio apartment size is 681 sq. ft.

What are the advantages of renting a studio apartment in Carmel, IN?

Studio apartments in Carmel, IN tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in Carmel, IN?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Carmel, IN.

Carmel, IN demographics

98,137Total Population
50,942 Female

47,195 Male
40.3Median Age

The total population of Carmel, IN is 98,137, of which 47,195 are men and 50,942 are women, according to the most recent U.S. Census Bureau estimates. The residents of Carmel have a median age of 40.3.

Carmel, IN households

27,514 Family

9,715 Non-family
13,701 Children

23,528 No Children

37,229Total Number of Households
2.62Average People Per Household
$119,772Median Household Income

A total of 37,229 households live in Carmel, IN, of which 27,514 are family households and 9,715 are non-family households, per U.S. Census estimates. Of these, approximately 13,701 households have children and 23,528 households do not have children. The average size of a household in Carmel, IN is 2.62. The median household income in Carmel is $119,772 annually, with $1,504 per month going towards housing.

Carmel, IN education statistics

According to Census data, 1% of the population in Carmel, IN have no high school education, 12% went to high school, 15% have some college education, 5% earned an Associate Degree, 39% earned a Bachelor Degree, and 29% earned a Graduate Degree.

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Renting a studio apartment in Carmel, IN

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in Carmel, IN, we have great news: on RentCafe you have 53 small apartment units to choose from in 25 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment. With the average rent currently at $1,218, opting for a cheap studio for as low as $485 is certainly a decision you’ll be able to gloat about and your wallet will thank you for.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in Carmel, IN is currently $7,398.

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

Studio Apartments for Rent in Carmel, IN 53 Rentals Available

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