5 BEDS, 1 BATH
$1,000
Deals & Discount Filters
Cheap Apartments for Rent in Downtown Carmel
630 Rentals
-
-
STUDIO$1,105+1 BED$1,568+2 BEDS$2,030+3 BEDS$2,810+The Kent at Carmel City Center
301 American Way N, Carmel, IN 46032 -
STUDIO$1,113+1 BED$1,164+2 BEDS$1,299+3 BEDS$1,971+MAIN STREET
60 Knoll Ct, Carmel, IN 46032 -
1 BED$1,155+2 BEDS$1,360+3 BEDS$1,495+Gramercy
945 Mohawk Hills Dr, Carmel, IN 46032 -
1 BED$1,199+2 BEDS$1,390+3 BEDS$1,925+Woodland Springs Apartment Homes
3008 Warren Way, Carmel, IN 46033 -
1 BED$1,199+2 BEDS$1,499+The Gallery Apartments
35 Rosewalk Cir, Carmel, IN 46032 -
STUDIO$1,210+1 BED$1,410+2 BEDS$1,710+Muse Carmel
1685 E 116th St, Carmel, IN 46032 -
1 BED$1,246+2 BEDS$1,448+3 BEDS$1,864+Alexandria of Carmel Apartments
1411 Fairfax Manor Dr, Carmel, IN 46032 -
1 BED$1,265+2 BEDS$1,577+3 BEDS$2,180+Highpointe on Meridian
13415 Highpointe Blvd, Carmel, IN 46032 -
1 BED$1,270+2 BEDS$1,475+3 BEDS$1,720+Governor Square
1825 Jefferson Dr W, Carmel, IN 46032 -
1 Month FreeSTUDIO$1,280+1 BED$1,368+2 BEDS$2,715+3 BEDS$2,996+The Wren & The Windsor
750 Veterans Way, Carmel, IN 46032 -
STUDIO$1,292+1 BED$1,476+2 BEDS$2,036+3 BEDS$2,753+Midtown Flats
591 Monon Blvd, Carmel, IN 46032 -
1 BED$1,295+2 BEDS$1,699+Penn Circle
12415 N Pennsylvania St, Carmel, IN 46032 -
Good Value -
1 BED$1,337+2 BEDS$1,503+3 BEDS$2,023+Providence at Old Meridian
300 Providence Blvd, Carmel, IN 46032 -
2 BEDS, 2 BATHS$1,35011750 Glenbrook Ct
11750 Glenbrook Ct, Carmel, IN 46032 -
1 BED$1,354+2 BEDS$1,791+3 BEDS$3,271+OLD TOWN ON THE MONON
111 W Main St, Carmel, IN 46032 -
Price Drop. $256 OffSTUDIO$1,373+1 BED$1,438+2 BEDS$1,750+3 BEDS$2,846+Avant
12890 Old Meridian St, Carmel, IN 46032 -
Good Value|1 BED$1,395+2 BEDS$1,795+3 BEDS$2,895+Carmel Center
675 Beacon St, Carmel, IN 46032 -
1 BED$1,398+2 BEDS$1,926+VER at Proscenium Apartments
1225 Veterans Way, Carmel, IN 46032 -
Good Value| -
1 Month Free|STUDIO$1,400+1 BED$1,400+2 BEDS$1,825+Overture at Proscenium Apartments
1155 S Rangeline Rd, Carmel, IN 46032 -
Good ValueSTUDIO$1,440+1 BED$1,520+2 BEDS$2,274+3 BEDS$2,639+
Signature at Carmel
13111 Old Meridian St, Carmel, IN 46032 -
-
|1 BED$1,544+2 BEDS$1,991+The Olivia
W Main St & Old Meridian St, Carmel, IN 46032 -
1 BED$1,632+2 BEDS$2,109+North End Apartments
525 North End Dr, Carmel, IN 46032 -
1 BED$1,659+2 BEDS$2,099+
The Apartments at 1st on Main
41 N Rangeline Rd, Carmel, IN 46032 -
1 BED$1,681+2 BEDS$2,514+3 BEDS$3,286+The Railyard at Midtown
350-410 Monon Blvd, Carmel, IN 46032 -
2 BEDS, 1 BATH$1,700503 1st Ave SE Unit A
503 1st Ave SE, Carmel, IN 46032 -
| -
3 BEDS, 2 BATHS$1,9501059 Timber Creek Dr Unit 4
1059 Timber Creek Dr, Carmel, IN 46032 -
3 BEDS, 2.5 BATHS$1,99573 Florence St
73 Florence St, Carmel, IN 46032 -
2 BEDS, 2 BATHS$2,000
209 Faulkner Ct Unit 205
209 Faulkner Ct, Carmel, IN 46032 -
2 BEDS, 2 BATHS$2,000209 Faulkner Ct Unit 205
209 Faulkner Ct, Carmel, IN 46032 -
3 BEDS, 2 BATHS$2,200130 Carmel View Dr
130 Carmel View Dr, Carmel, IN 46032 -
2 BEDS, 3 BATHS$2,200
420 Beverly Ct
420 Beverly Ct, Carmel, IN 46032 -
3 BEDS, 2 BATHS$2,200
130 Carmel View Dr
130 Carmel View Dr, Carmel, IN 46032 -
2 BEDS, 2.5 BATHS$2,200
420 Beverly Ct
420 Beverly Ct, Carmel, IN 46032 -
4 BEDS, 3 BATHS$2,395346 Atherton Dr
346 Atherton Dr, Carmel, IN 46032 -
3 BEDS, 4 BATHS$2,49032 Cricket Knoll Ln
32 Cricket Knoll Ln, Carmel, IN 46033 -
3 BEDS, 2.5 BATHS$2,499537 Steinbeck Pl
537 Steinbeck Pl, Carmel, IN 46032 -
3 BEDS, 2 BATHS$2,500Spacious 3 Bedroom Ranch in Great Carmel Location!
11542 Applewood Cir, Carmel, IN 46032
Showing 42 of 51 results, Page 1 of 2
Carmel at a Glance
Downtown Carmel Neighborhood in Carmel, IN
When looking for cheap apartments in Downtown Carmel, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Carmel.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 51 cheap apartments available in Downtown Carmel, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Carmel
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Eden Park 892 Sq Ft $1,264/mo
- Thornhurst 648 Sq Ft $1,302/mo
- Wilson Village 693 Sq Ft $1,432/mo
- Village Farms 903 Sq Ft $1,434/mo
- The Village on Springmill 903 Sq Ft $1,434/mo
- The Providence at Old Meridian Lofts 752 Sq Ft $1,481/mo
- Timber Creek 819 Sq Ft $1,515/mo
- Parkside Village 819 Sq Ft $1,515/mo
- Alexandria 720 Sq Ft $1,601/mo
- Downtown Carmel 774 Sq Ft $1,605/mo
Getting Around Carmel
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Select Bedrooms
Specialty Housing
Choose by Amenities
tooltips
Submitting Request
Thank You
About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.