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Cheap Apartments for Rent in Carmel, IN

254 Rentals Available
Cheap Apartments for Rent in Carmel, IN. 254 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

  • an empty kitchen with white appliances and wooden cabinets
    Today

    7110 Township Line Road, Indianapolis, IN 46260
    Income Restricted
    1 BED $721
    2 BEDS $1,041
    3 BEDS Ask for Pricing
  • a living room with blue couches and a fireplace
    Today

    951 Carlyle Lane, Indianapolis, IN 46240
    1 BED $732+
    2 BEDS $956+
  • a living room with a couch and a coffee table
    Today

    2455 Rolls Drive, Indianapolis, IN 46268
    1 BED $732+
    2 BEDS $956+
  • a living room with white couches and a television
    Today

    7601 Carlton Arms Dr, Indianapolis, IN 46256
    STUDIO $750
    1 BED $849
    2 BEDS $1,125+

Apartments Under $900

  • a living room with a couch and a table
    Today

    9000 N. College Ave, Indianapolis, IN 46240
    STUDIO $875
    1 BED $995
    2 BEDS $1,115
  • a living room with a couch and two chairs and a table
    Today

    6630 Glenbrook Drive, Indianapolis, IN 46220
    1 BED $899+
    2 BEDS $947+
    3 BEDS $1,149+

Apartments Under $1,000

  • a living room with a couch and chairs and a dining room table
    Today

    808 Clubhouse Drive W, Westfield, IN 46074
    STUDIO $943+
    1 BED $1,035+
    2 BEDS $1,346+
  • a living room with furniture and a kitchen in the background
    Today

    5934 Carvel Avenue, Indianapolis, IN 46220
    STUDIO $1,105+
    1 BED $951+
    2 BEDS $1,420+
  • a kitchen with a sink and a refrigerator
    Today

    5801 N Olney St, Indianapolis, IN 46220
    1 BED $951+
    2 BEDS Ask for Pricing
    3 BEDS $1,729+
  • a living room with a couch and a staircase
    Today

    7136 Crystal Bay Drive E, Indianapolis, IN 46260
    1 BED $990
    2 BEDS Ask for Pricing
    3 BEDS $1,165+

Apartments Under $1,100

  • a large living room with couches and chairs and a dining room table
    Today

    9414 San Miguel Drive, Indianapolis, IN 46250
    1 BED $1,008+
    2 BEDS $1,177+
    3 BEDS $1,686+
  • our apartments have a large swimming pool in front of our building
    Today

    7503 Ivywood Circle, Indianapolis, IN 46250
    1 BED Ask for Pricing
    2 BEDS $1,058+
    3 BEDS Ask for Pricing

Apartments Under $1,200

  • a living room with a couch and a coffee table
    Today

    11640 Breezy Point Drive, Fishers, IN 46037
    1 BED $1,104+
    2 BEDS $1,342+
    3 BEDS $1,615+
  • a living room with a couch and a television
    Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,140+
    2 BEDS $1,370+
    3 BEDS $1,805+
  • a living room with a couch and a television
    Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,140+
    2 BEDS $1,370+
    3 BEDS $1,805+
  • a living room with a white brick fireplace and a tv
    Today

    14637 Handel Drive, Carmel, IN 46032
    1 BED $1,160+
    2 BEDS $1,672+
    3 BEDS $2,038+
  • a large living room with couches and chairs and a table
    Today

    11757 Garden Circle East, Fishers, IN 46038
    1 BED $1,160+
    2 BEDS $1,340+
    3 BEDS $1,640+
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  • an empty living room with a brick fireplace
    Today

    9414 San Miguel Drive, Indianapolis, IN 46250
    1 BED Ask for Pricing
    2 BEDS $1,177+
    3 BEDS $1,686+

Apartments Under $1,300

  • a living room with a fireplace and a coffee table
    Today

    300 Providence Blvd, Carmel, IN 46032
    1 BED $1,247+
    2 BEDS $1,606+
    3 BEDS $1,958+
  • a living room with a couch and a television
    Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,275+
    2 BEDS $1,495+
    3 BEDS $1,850+
  • a living room with furniture and a staircase
    Today

    2223 E 151St St, Carmel, IN 46033
    1 BED $1,326+
    2 BEDS $1,436+
    3 BEDS $1,582+
  • a kitchen and living room with a blue couch and a bar
    Today

    1825 Jefferson Drive W, Carmel, IN 46032
    1 BED $1,390+
    2 BEDS $1,565+
    3 BEDS $1,875+
  • a living room with a couch and a chair
    Today

    12347 Windsor Drive, Fishers, IN 46038
    1 BED Ask for Pricing
    2 BEDS $1,410+
    3 BEDS $1,650+
  • a living room with a couch and a tv
    Today

    1685 E. 116Th Street, Carmel, IN 46032
    STUDIO $1,445+
    1 BED $1,495+
    2 BEDS $1,970+
  • a living room with a stone wall and a couch
    Today

    221 E Main Street, Carmel, IN 46032
    1 BED Ask for Pricing
    2 BEDS $1,474
    3 BEDS Ask for Pricing
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9-16-city
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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 price of a cheap apartment in Carmel, IN?

The price range of a cheap apartment is between $1,140 and $2,750.

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

There are 225 cheap rentals available on RentCafe. Prices and availability in Carmel, IN were last updated on 22 Feb 2026.

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

The average Carmel, IN cheap apartment size is 1,125 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 254 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 $1,658 per month so any rental south of $1,326 would be considered cheap here. On RentCafe, Carmel, IN rents go as low as $721/mo.

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