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Apartments for Rent in Carmel, IN under $1200

111 Rentals Available
Apartments for Rent in Carmel, IN under $1200. 111 Rentals Available
  • a living room with a couch and a television
    Today

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

    14637 Handel Drive, Carmel, IN 46032
    1 BED $1,160+
  • a living room with a couch and a television
    Today

    945 Mohawk Hills, Carmel, IN 46032
    1 BED $1,140+
    2 BEDS Ask for Pricing

  • More Rentals Near Carmel, IN

  • 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 chairs and a tv
    Today

    9250 Evergreen Avenue, Indianapolis, IN 46240
    1 BED $1,115+
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  • 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 a rug
    Today

    1130 Racquet Club North Drive, Indianapolis, IN 46260
    1 BED $938+
    2 BEDS $1,184+
  • 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+
  • a living room with a couch and a chair and a table
    Today

    1540 Handball Lane, Indianapolis, IN 46260
    STUDIO $864+
    1 BED $940+
    2 BEDS $1,063+
  • a living room with blue couches and chairs and a dining room with a kitchen
    Today

    8717 Old Town W Dr, Indianapolis, IN 46260
    1 BED $1,110+
  • a living room with a couch and a table
    Today

    10190 Allisonville Road, Fishers, IN 46038
    1 BED $1,200+
  • Interactive banner bedroom
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  • an empty living room with a brick fireplace
    Today

    9414 San Miguel Drive, Indianapolis, IN 46250
    1 BED $1,008+
  • 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+
  • 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+
  • a living room with a couch and a coffee table
    Today

    1854 Century Way, Indianapolis, IN 46260
    1 BED $1,009
    2 BEDS $1,149
  • a kitchen with white cabinets and a sink
    Today

    8320 Spyglass Drive, Indianapolis, IN 46260
    1 BED $1,095+
    2 BEDS $1,180+
  • a living room with a couch and a table
    Today

    8760 Le Mode Ct, Indianapolis, IN 46268
    1 BED $1,180+
  • Exterior
    Today

    6401 Woods Edge N Drive, Indianapolis, IN 46250
    1 BED $1,010+
  • a living room with blue furniture and a fireplace
    Today

    3553 Founders Road, Indianapolis, IN 46268
    STUDIO $959+
    1 BED $1,020+
  • 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 leather furniture and a fireplace
    Today

    7401 Merganser Drive, Indianapolis, IN 46260
    1 BED $1,144+
  • a large living room with couches and chairs and a table
    Today

    11757 Garden Circle East, Fishers, IN 46038
    1 BED $1,160+
  • 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+
  • a living room with a couch and a table and a television
    Today

    3947 Point Bar Road, Indianapolis, IN 46268
    1 BED $1,149
  • 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+
3-22-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

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

Prices and availability in Carmel, IN were last updated on 23 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 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.

Renting apartments in Carmel, IN under $1,200

Searching for apartments for rent in Carmel, IN under $1,200 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Carmel, IN, where the average rent is $1,334 per month, there are 111 units available for less than $1,200. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,200” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Carmel, IN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Carmel, IN going for $732 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

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