What are the average rent costs in Carmel, IN?

The average rent in Carmel, IN is $1,527.

What are the average rent costs of a studio apartment in Carmel, IN?

The average rent for a studio apartment in Carmel, IN is $1,550.

What are the average rent costs of a one bedroom apartment in Carmel, IN?

The average rent for a 1 bedroom apartment in Carmel, IN is $1,527.

What are the average rent costs of a two bedroom apartment in Carmel, IN?

The average rent for a 2 bedroom apartment in Carmel, IN is $1,832.

What are the average rent costs of a three bedroom apartment in Carmel, IN?

The average rent for a 3 bedroom apartment in Carmel, IN is $2,222.

What are the average rent costs of a four bedroom apartment in Carmel, IN?

The average rent for a 4 bedroom apartment in Carmel, IN is $2,136.

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Four Bedroom Apartments under $800 for Rent in Carmel, IN

2,551 Rentals

$472 Off

Price Drop. $472 Off

|

1 BED

$888+

2 BEDS

$1,090+

Riverbend Apartments

8850 River Bend Pky, Indianapolis, IN 46250

Call (463) 240-1193
$325 Off

Price Drop. $325 Off

STUDIO

$1,230+

1 BED

$1,399+

2 BEDS

$1,699+

3 BEDS

$2,541+

Nook Nine

9433 Avant Ave, Indianapolis, IN 46240

Call (463) 223-4775
$324 Off

Price Drop. $324 Off

|

1 BED

$1,590+

2 BEDS

$1,946+

3 BEDS

$3,545+

Sophia Square

110 W Main St, Carmel, IN 46032

Call (463) 223-2856
1 BED

$1,473+

2 BEDS

$1,606+

3 BEDS

$2,040+

Bridgewater

14916 Riverdale Dr S, Carmel, IN 46033

Call (463) 223-9967
1 BED

$994+

2 BEDS

$984+

3 BEDS

$1,380+

Scandia Apartments

9250 Kungsholm Dr, Indianapolis, IN 46250

Call (463) 240-1482
$250 Off

Price Drop. $250 Off

|

1 BED

$1,014+

2 BEDS

$1,134+

College Courts

9301 Yale Dr, Indianapolis, IN 46240

Call (463) 223-8797
$245 Off

Price Drop. $245 Off

|

1 BED

$999+

2 BEDS

$1,199+

TGM Autumn Woods

9075 Autumn Woods Dr, Indianapolis, IN 46250

Call (463) 238-3668
1 BED

$1,334+

2 BEDS

$1,618+

Reserve at Williams Glen

2201 Williams Glen Blvd, Zionsville, IN 46077

Call (463) 888-7212
1 BED

$1,177+

2 BEDS

$1,263+

3 BEDS

$1,713+

Sanctuary at Fishers

11400 Gables Dr, Fishers, IN 46038

Call (317) 576-2730
$200 Off

Price Drop. $200 Off

1 BED

$1,330+

2 BEDS

$1,940+

Willow Lake Apartments

2810 Willow Lake Dr, Indianapolis, IN 46268

Call (463) 888-7309
STUDIO

$1,440+

1 BED

$1,650+

2 BEDS

$1,970+

Muse Carmel

1685 E 116th St, Carmel, IN 46032

Call (463) 210-1741
1 BED

$1,505+

2 BEDS

$1,755+

Vista Riverwest

14744 Malachi Rd, Noblesville, IN 46062

Call (463) 363-1296
1 BED

$1,325+

2 BEDS

$1,415+

3 BEDS

$1,630+

Gramercy

945 Mohawk Hills Dr, Carmel, IN 46032

Call (463) 229-6416
1 BED

$1,399+

2 BEDS

$1,817+

VITRA Apartments

8785 Keystone Xing, Indianapolis, IN 46240

Call (317) 733-7976
1 BED

$1,329+

2 BEDS

$1,699+

3 BEDS

$2,099+

Aria Apartments of Zionsville

11005 Octave Dr, Zionsville, IN 46077

Call (463) 888-6497
STUDIO

$800+

1 BED

$980+

2 BEDS

$1,309+

Slate Run Lofts and Apartments

9555 International Cir, Indianapolis, IN 46268

Call (463) 888-7274
$138 Off

Price Drop. $138 Off

|

1 BED

$1,123+

2 BEDS

$1,374+

Metropolitan Fishers

10190 Allisonville Rd, Fishers, IN 46038

Call (463) 223-9618
STUDIO

$959+

1 BED

$1,099+

2 BEDS

$1,369+

Avia Lofts at Founders Road

3553 Founders Rd, Indianapolis, IN 46268

Call (463) 888-6959
STUDIO

$1,199+

1 BED

$1,144+

2 BEDS

$1,259+

Main Street on the Monon

60 Knoll Ct, Carmel, IN 46032

Call (463) 223-9106
Exceptional Value

1 BED

$1,499+

2 BEDS

$2,220+

3 BEDS

$2,599+

The Steadman Apartments of Carmel

11325 Springmill Rd, Carmel, IN 46032

Call (463) 666-2866
1 BED

$1,219+

2 BEDS

$1,515+

3 BEDS

$1,809+

River Crossing

8720 Knickerbocker Way, Indianapolis, IN 46240

Call (463) 223-2673
Exceptional Value

|

STUDIO

$829+

1 BED

$929+

2 BEDS

$1,009+

The Hub at Nora

9000 N College Ave, Indianapolis, IN 46240

Call (463) 223-1012
2 BEDS

$1,510+

3 BEDS

$2,658+

The Seasons of Carmel

9815 Seasons West Dr, Carmel, IN 46280

Call (463) 240-3304
1 BED

$1,329+

2 BEDS

$1,549+

The Gallery Apartments

35 Rosewalk Cir, Carmel, IN 46032

Call (463) 345-4712
1 BED

$1,246+

2 BEDS

$1,529+

3 BEDS

$1,842+

Alexandria of Carmel Apartments

1411 Fairfax Manor Dr, Carmel, IN 46032

Call (463) 223-3947
Good Value

1 BED

$1,296+

2 BEDS

$1,607+

Lakes of Carmel

382 Arbor Dr, Carmel, IN 46032

Call (463) 229-6448
1 BED

$1,434+

2 BEDS

$1,799+

3 BEDS

$3,715+

Old Town On The Monon

111 W Main St, Carmel, IN 46032

Call (463) 229-6390
1 BED

$1,000+

2 BEDS

$1,275+

Northwood on the Trail

8921 Compton St, Indianapolis, IN 46240

Call (463) 223-4876
2 BEDS

$1,499+

3 BEDS

$2,199+

Park Lane Apartments

221 E Main St, Carmel, IN 46032

Call (463) 223-2818
Good Value

|

1 BED

$1,395+

2 BEDS

$1,795+

3 BEDS

$3,095+

Carmel Center

675 Beacon St, Carmel, IN 46032

Call (463) 229-6398
Good Value

STUDIO

$1,280+

1 BED

$1,368+

2 BEDS

$2,715+

3 BEDS

$2,996+

The Wren & The Windsor

750 Veterans Way, Carmel, IN 46032

Call (463) 223-3810
1 BED

$1,259+

2 BEDS

$1,509+

River Ridge Apartments

4825 Cameron Rdg, Indianapolis, IN 46240

Call (463) 240-3335
1 BED

$1,027+

2 BEDS

$1,306+

The Lodge at Trails Edge

9535 Benchmark Dr, Indianapolis, IN 46240

Call (463) 223-2907
1 BED

$1,190+

2 BEDS

$1,310+

3 BEDS

$1,640+

Carmel Woods

1010 Clubhouse Ct, Carmel, IN 46032

Call (463) 210-2145
Good Value

|

1 BED

$1,495+

2 BEDS

$1,795+

3 BEDS

$2,195+

Domain at Bennett Farms

5000 Bennett Pky, Zionsville, IN 46077

Call (463) 223-1357
STUDIO

$699+

1 BED

$1,125+

2 BEDS

$1,279+

King's Reserve College Park 55+ Active Living

8810 Colby Blvd, Indianapolis, IN 46268

Call (463) 223-8202
1 BED

$1,490+

2 BEDS

$3,245+

3 BEDS

$2,377+

The Residences at Carmel City Center

720 S Rangeline Rd, Carmel, IN 46032
Good Value

STUDIO

$1,523+

1 BED

$1,479+

2 BEDS

$2,315+

3 BEDS

$2,714+

Signature at Carmel

13111 Old Meridian St, Carmel, IN 46032

Call (314) 207-3618
Good Value

|

1 BED

$1,499+

2 BEDS

$2,049+

Mezz 42

881 3rd Ave SW, Carmel, IN 46032

Call (463) 223-9413
1 BED

$1,314+

2 BEDS

$1,696+

Providence at Old Meridian

300 Providence Blvd, Carmel, IN 46032

Call (463) 229-6402
1 BED

$1,417+

2 BEDS

$2,199+

VER at Proscenium Apartments

1225 Veterans Way, Carmel, IN 46032

Call (463) 223-9102
1 BED

$1,240+

2 BEDS

$1,340+

3 BEDS

$1,740+

Carmel Landing Apartment Homes

2223 E 151st St, Carmel, IN 46033

Call (463) 229-6523

Carmel at a Glance

Average Rent

$1,527

(All bedrooms and property types)

Learn more about

Average Rent in Carmel

School Rating

out of 10 Rating

Learn more about

Schools in Carmel

Carmel, IN Apartments for Rent

Carmel is a suburban city just north of Indianapolis that's built more than 155 roundabouts since 1997, earning its title as the "Roundabout Capital of the U.S." If you're searching for apartments for rent in Carmel, you'll discover a community designed with walkability at its core, featuring trails, parks, and green spaces throughout its 51 square miles. The city centers around its Arts & Design District and the Palladium at the Center for the Performing Arts, which hosts live productions year-round. The Monon Greenway threads through the area, connecting neighborhoods and providing paths for walking, running, and cycling.

Renting in Carmel puts you close to dining and shopping options, including the Carmel City Center development and Clay Terrace, an outdoor mall featuring both national chains and local boutiques. The city provides easy commutes via Keystone Parkway and U.S. Highway 31, with quick access to Interstate 465 for travel throughout the greater Indianapolis area. Apartment communities range from those in the City Center district to residential areas along major corridors like 116th Street and Main Street. Renters enjoy proximity to over 500 acres of parkland, the Carmel Farmers Market that operates Saturdays year-round, and the Monon Community Center with its water park and fitness facilities.

Renting in Carmel

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 718 Sq Ft $1,550 / mo
1 Bedroom 789 Sq Ft $1,527 / mo
2 Bedrooms 1,138 Sq Ft $1,832 / mo
3 Bedrooms 1,468 Sq Ft $2,222 / mo
4 Bedrooms 1,400 Sq Ft $2,136 / mo

Top Budget-Friendly Neighborhoods in Carmel

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Thornhurst 686 Sq Ft $1,268/mo
The Providence at Old Meridian Lofts 733 Sq Ft $1,449/mo
Timber Creek 819 Sq Ft $1,502/mo
Village Farms 880 Sq Ft $1,516/mo
The Village on Springmill 880 Sq Ft $1,516/mo
Alexandria 719 Sq Ft $1,567/mo
North Meridian Heights 716 Sq Ft $1,648/mo
Downtown Carmel 782 Sq Ft $1,708/mo
Newark 778 Sq Ft $1,806/mo
Wilson Village 830 Sq Ft $1,877/mo

Education

College/University High School Middle School Elementary School

Butler University

Private University

Marian Univ., Indianapolis

Private University

Ivy Tech Community College Downtown Indianapolis Campus

Public University

IU - School of Medicine

Public University

IU - Indianapolis

Public University

GreatSchools Rating

Carmel High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

Creekside Middle School

Public Middle School

Public

Grades 6-8

Students

GreatSchools Rating

Carmel Middle School

Public Middle School

Public

Grades 6-8

Students

GreatSchools Rating

Clay Middle School

Public Middle School

Public

Grades 6-8

Students

GreatSchools Rating

College Wood Elementary School

Public Elementary School

Public

Grades K-5

Students

GreatSchools Rating

Woodbrook Elementary School

Public Elementary School

Public

Grades K-5

Students

GreatSchools Rating

Prairie Trace Elementary School

Public Elementary School

Public

Grades K-5

Students

Carmel Apartments for Rent in Your Budget

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Four Bedroom Apartments under $800 for Rent in Carmel, IN

Carmel at a Glance

Average Rent

School Rating

Carmel, IN Apartments for Rent

Renting in Carmel

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Carmel

Education

Carmel Apartments for Rent in Your Budget

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