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Apartments for Rent in Carmel, IN

498 Rentals Available
Apartments for Rent in Carmel, IN. 498 Rentals Available
  • Today

    3008 Warren Way, Carmel, IN 46033
    1 BED $1,199+
    2 BEDS $1,390+
    3 BEDS $1,810+
  • Today

    1825 Jefferson Drive W, Carmel, IN 46032
    1 BED $1,390+
    2 BEDS $1,565+
    3 BEDS $1,875+
  • Today

    12890 Old Meridian Street, Carmel, IN 46032
    STUDIO $1,272+
    1 BED $1,353+
    2 BEDS $1,704+
  • Today

    1111 W. Main Street, Carmel, IN 46032
    1 BED $1,387+
    2 BEDS $1,877+
  • Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,140+
    2 BEDS $1,370+
    3 BEDS $1,805+
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  • Today

    1685 E. 116Th Street, Carmel, IN 46032
    STUDIO $1,445+
    1 BED $1,495+
    2 BEDS $1,970+
  • Today

    221 E Main Street, Carmel, IN 46032
    1 BED Ask for Pricing
    2 BEDS $1,474
    3 BEDS Ask for Pricing
  • Today

    382 Arbor Drive, Carmel, IN 46032
    1 BED $1,236+
    2 BEDS $1,592+
  • Today

    501 1St Ave. SE, Carmel, IN 46032
    1 BED Ask for Pricing
    2 BEDS $1,500
    3 BEDS Ask for Pricing
  • Today

    14637 Handel Drive, Carmel, IN 46032
    1 BED $1,160+
    2 BEDS $1,672+
    3 BEDS $2,038+
  • Today

    300 Providence Blvd, Carmel, IN 46032
    1 BED $1,247+
    2 BEDS $1,606+
    3 BEDS $1,958+
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  • Today

    110 W. Main St., Carmel, IN 46032
    1 BED $1,247+
    2 BEDS $1,546+
    3 BEDS $3,035+
  • Today

    1411 Fairfax Manor Dr, Carmel, IN 46032
    1 BED $1,204+
    2 BEDS $1,550+
    3 BEDS $2,000+
  • Today

    1225 Veterans Wy, Carmel, IN 46032
    1 BED $1,539+
    2 BEDS $2,159
  • Today

    12415 N. Pennsylvania Street, Carmel, IN 46032
    1 BED $1,447+
    2 BEDS $1,668+
  • Today

    881 3Rd Ave. SW, Carmel, IN 46032
    STUDIO Ask for Pricing
    1 BED $1,503
    2 BEDS Ask for Pricing
  • Today

    2223 E 151St St, Carmel, IN 46033
    1 BED $1,326+
    2 BEDS $1,436+
    3 BEDS $1,582+
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  • Today

    13111 Old Meridian Street, Carmel, IN 46032
    STUDIO $1,390
    1 BED $1,490+
    2 BEDS $1,965
  • Today

    11550 N. Meridian Street, Carmel, IN 46032
  • Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,140+
    2 BEDS $1,370+
    3 BEDS $1,805+
  • Today

    1630 House - Axos Bank Chimera, LLC, Carmel, IN 46280
    3 BEDS $2,000
  • Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,275+
    2 BEDS $1,495+
    3 BEDS $1,850+
  • Today

    14516 Baldwin Lane, Carmel, IN 46032
    4 BEDS $2,280
  • Today

    13721 Adios Pass, Carmel, IN 46032
    4 BEDS $2,845
  • Today

    1127 Farmview Court, Carmel, IN 46032
    4 BEDS $2,385
26-0-city
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Carmel, IN rent trends

Rental prices in Carmel, IN have increased by 2.22% over the past year. The average rent moved from $1,622 to $1,658.

Average rent in Carmel, IN

$1,658/mo Carmel, IN average rental price, January 2026
Image Average Rent

The average monthly rent of apartments in Carmel, IN is $1,658.

    What's the typical rent budget in Carmel, IN?

    About 10% of apartment rents in Carmel, IN range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 4% of apartments. Around 50% of Carmel’s apartments are in the $1,501-$2,000 price range. 35% of apartments are priced between $1,001-$1,500. A share of 1% of apartment rentals in Carmel are in the > $3,000 range.

    The largest share of rentals in Carmel, IN (50%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Carmel, IN

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

    Frequently asked questions

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

    Prices and availability in Carmel, IN were last updated on 22 Feb 2026.

    What are the best apartments in Carmel, IN?

    The best apartments in Carmel, IN are: Woodland Springs Apartment Homes, Governor Square Apartments, Avant & Avant II, The Olivia and Gramercy.

    What is the average rent in Carmel, IN?

    The average rent in Carmel, IN is $1,623.

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

    The price range for a studio apartment in Carmel, IN is between $1,272 and $1,891.

    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 $1,140 and $2,674.

    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 $1,370 and $3,511.

    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 $1,390 and $5,539.

    What type of rental buildings are in Carmel, IN?

    In Carmel, 25% of the residents are renting compared to 75% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Carmel's rentals, 65% are small-scale complexes with under 50 units, and 17% are single-family rentals.

    What do typical apartment communities look like in Carmel, IN?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Carmel are about 21 years old, on average. Of these, 64% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 97% of the rental communities here are low-rise, garden-style communities, 13% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Carmel, IN?

    Studio apartments in Carmel are around 0.4% of rentals, while 1-bedroom floor plans represent 45% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 45% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

    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.

    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.

    Things for renting

    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.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    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 $1,140 and submit your rental application today!

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