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Showing all nearby results for Carmel, IN.

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Carmel at a Glance

Average Rent

$1,527
(All bedrooms and property types)
Learn more about
Average Rent in Carmel
8

School Rating

out of 10 Rating
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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

Top Budget-Friendly Neighborhoods in Carmel

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

Private University
Private University
Public University
Public University
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

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Carmel

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Frequently asked questions about renting in Carmel, IN

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 $2,223.

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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