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Apartments in Carmel

1 - 26 of 26 Results
37
Penn Circle Apartment for rent in Carmel, IN
$1,380 - 2,511
Penn Circle
Deal
12415 N Pennsylvania St Carmel, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
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Luxury
Air Conditioning
43
3D Tour
Alexandria of Carmel Apartments Apartment for rent in Carmel, IN
$1,396 - 2,571
Alexandria of Carmel Apartments
Deal
1411 Fairfax Manor Dr Carmel, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
46
The Steadman Apartments Of Carmel Apartment for rent in Carmel, IN
$1,560 - 2,923
The Steadman Apartments Of Carmel
Deal
11325 Springmill Rd Carmel, IN
1 - 3 BR | Available Now
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Dog Friendly
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Luxury
Surface Parking
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9
The Gallery Apartment for rent in Carmel, IN
$1,149 - 1,589
The Gallery
35 Rosewalk Cir Carmel, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Storage
Disability Access
68
3D Tour
Avant Apartment for rent in Carmel, IN
$1,475 - 4,173
Avant
12890 Old Meridian St Carmel, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Fitness Center
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30
The Apartments At 1st On Main Apartment for rent in Carmel, IN
$1,525 - 2,170
The Apartments At 1st On Main
41 N Rangeline Rd Carmel, IN
1 - 2 BR | Available Now
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Dog Friendly
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Hayden Run Meadows
12
Overture At Proscenium Apartments Apartment for rent in Carmel, IN
$1,319 - 2,412
Overture At Proscenium Apartments
Deal
1155 S Rangeline Rd Carmel, IN
Studio - 2 BR | Available Now
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Dog Friendly
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Luxury
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4
13770 Tender Dr Unit 13770 Apartment for rent in Carmel, IN
$2,800
13770 Tender Dr Unit 13770
Carmel, IN
3 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Dishwasher
13
358 Atherton Dr Apartment for rent in Carmel, IN
$2,500
358 Atherton Dr
Carmel, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
26
1884 Blenker Dr Apartment for rent in Carmel, IN
$2,420
1884 Blenker Dr
Carmel, IN
3 BR | Available Now
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Dog Friendly
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House
19
2 Bedroom - 1 Bathroom Apartment for rent in Carmel, IN
$1,200
2 Bedroom - 1 Bathroom
231 Lark Dr Apt 3 Carmel, IN
2 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Dishwasher
4
Park Lane Apartments Apartment for rent in Carmel, IN
$1,349 - 2,199
Park Lane Apartments
110 Bryn Mawr Ln Carmel, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Hayden Run Meadows
15
12880 University Crescent Unit 3B Carmel, In 46032 Apartment for rent in Carmel, IN
$1,550
12880 University Crescent Unit 3B Carmel, In 46032
12880 University Cres Apt 3B Carmel, IN
2 BR | Ask for Availability
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House
Dishwasher
Village of West Clay
9
12926 University Crescent #2c Apartment for rent in Carmel, IN
$1,350
12926 University Crescent #2c
12926 University Cres Apt 2 Carmel, IN
1 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
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1
371 Mary Ellen Court Apartment for rent in Carmel, IN
$2,795
371 Mary Ellen Court
371 Mary Ellen Ct Carmel, IN
4 BR | Available Now
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3
Mezz 42 Apartment for rent in Carmel, IN
$1,530 - 1,630
Mezz 42
881 3rd Ave SW Carmel, IN
1 BR | Available Now
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Dog Friendly
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1
2 Year Lease! Beautiful Home In The Heart Of Carmel, In Apartment for rent in Carmel, IN
$2,775
2 Year Lease! Beautiful Home In The Heart Of Carmel, In
14265 Larson Dr Carmel, IN
4 BR | Available Now
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Dog Friendly
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Dishwasher
19
Main Street On The Monon Apartment for rent in Carmel, IN
$864 - 1,429
Main Street On The Monon
2.5
60 Knoll Court Carmel, IN
2 - 3 BR | Available Now
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Dog Friendly
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Luxury
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30
$1,139 - 2,319
Alexandria Of Carmel
1411 Fairfax Manor Dr Carmel, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$1,599
Woodland Springs Apartment Homes
3008 Warren Way Carmel, IN
2 BR | Available Now
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Cat Friendly
Luxury
Townhome
Air Conditioning
Covered Parking
30
$1,458 - 2,711
Avant Apartments
12890 Old Meridian Street Carmel, IN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
18
$1,521 - 1,781
Carmel Landing
2223 E 151st St. Carmel, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
26
$1,557 - 2,448
Keystone
1111 W. Main Street Carmel, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
15
$1,064 - 1,414
Old Town On The Monon
5.0
111 West Main Street Carmel, IN
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Townhome
In Unit Laundry
1
$700 - 1,700
Highpointe On Meridian Apartments
13415 Highpointe Blvd. Carmel, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Covered Parking
1
$1,950
Move In Special: Half Off The First Month’s Rent If You Sign For 18-month Lease!!
12688 Crescent Dr Carmel, IN
3 BR | Available Now
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1 - 26 of 26 Results
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How much does it cost to rent an apartment in Carmel?

Carmel Apartments
Bed Type Average Rent Range
Studio $1,390 $1,320 - $1,460
1BR $1,530 $700 - $1,680
2BR $1,760 $1,000 - $2,480
3BR $2,230 $1,400 - $2,850
Frequently Asked Questions

How many apartments are available in Carmel, IN on Rentable.co?

Rentable.co has over 3,705 apartments available in Carmel.

What is the average rent for a studio apartment in Carmel, IN?

The average rent for a studio apartment in Carmel is around $1,390 per month.

What is the average rent for a one-bedroom apartment in Carmel, IN?

The average rent for a one-bedroom apartment in Carmel is around $1,530 per month.

What is the average rent for a two-bedroom apartment in Carmel, IN?

The average rent for a two-bedroom apartment in Carmel is around $1,760 per month.

How expensive is it to rent an apartment in Carmel, IN?

For a two-bedroom apartment in Carmel, the average rent price is $1,760 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Carmel, IN?

Based on average rent prices in Carmel, to afford a studio apartment you would need an annual household income of $56,000 to live comfortably.

Neighborhoods

Cheswick Place
Hayden Run Meadows
Hunter's Creek Village
Ponds
Spring Mill
Springmill Crossing
The Westons
Village Farms

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Carmel:
March Rent Report

Welcome to the March 2025 Carmel Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 key findings and figures for the Carmel rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Carmel and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Carmel average rent prices in the chart below.

Monthly Rent Report

$2,300
$1,730
$1,150
$580
$0
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
1 BR       2 BR

Carmel Rent Prices Decrease From February to March

Carmel rent prices decreased over the last month. From February to March, the city experienced a -1.27% decrease for the price of a one-bedroom apartment. The rent price for a Carmel one-bedroom apartments currently stands at $1,551.0.

When we take a look at the two-bedroom comparison from February to March, Carmel experienced a -4.11% decrease for the price of a two-bedroom apartment. The rent price for a Carmel two-bedroom apartments currently stands at $1,938.0.

March Prices: Carmel vs. Surrounding Areas

Rent Prices in Carmel and Surrounding Areas

Rent prices have decreased in Carmel over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Carmel suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Carmel suburbs

  • Rents did not decrease in any of the Carmel suburbs.

March 2025 Pricing Trends: Carmel vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,076
$3,129
$2,387
$2,328
$1,905
$1,262
$1,247
$1,197
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Carmel Rent Prices More Affordable Than Major Cities

Rent growth in Carmel over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Carmel average rent prices appear to be relatively affordable for local residents.

The price for a Carmel one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Carmel and surrounding area rent prices, take a look at the complete data set below.

Data set for Carmel and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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