Cheap Apartments for Rent in Downtown Carmel

609 Rentals

STUDIO

$1,176+

1 BED

$1,164+

2 BEDS

$1,339+

3 BEDS

$1,929+

MAIN STREET

60 Knoll Ct, Carmel, IN 46032

Call (463) 223-9106
1 BED

$1,199+

2 BEDS

$1,390+

3 BEDS

$1,925+

Woodland Springs Apartment Homes

3008 Warren Way, Carmel, IN 46033

Call (463) 229-6507
1 BED

$1,254+

2 BEDS

$1,529+

3 BEDS

$1,889+

Alexandria of Carmel Apartments

1411 Fairfax Manor Dr, Carmel, IN 46032

Call (463) 223-3947
1 BED

$1,260+

2 BEDS

$1,580+

3 BEDS

$1,765+

Gramercy

945 Mohawk Hills Dr, Carmel, IN 46032

Call (463) 229-6416
1 BED

$1,266+

2 BEDS

$1,607+

Lakes of Carmel

382 Arbor Dr, Carmel, IN 46032

Call (463) 229-6448
STUDIO

$1,280+

1 BED

$1,786+

2 BEDS

$2,965+

3 BEDS

$3,296+

The Wren & The Windsor

750 Veterans Way, Carmel, IN 46032

Call (463) 223-3810
1 BED

$1,289+

2 BEDS

$1,519+

The Gallery Apartments

35 Rosewalk Cir, Carmel, IN 46032

Call (463) 345-4712
1 BED

$1,340+

2 BEDS

$1,404+

Highpointe on Meridian

13415 Highpointe Blvd, Carmel, IN 46032
Good Value

|

1 BED

$1,345+

2 BEDS

$1,808+

The Olivia

W Main St & Old Meridian St, Carmel, IN 46032

Call (463) 223-2566
1 BED

$1,348+

2 BEDS

$1,551+

3 BEDS

$1,993+

Providence at Old Meridian

300 Providence Blvd, Carmel, IN 46032

Call (463) 229-6402
1 BED

$1,354+

2 BEDS

$1,849+

3 BEDS

$3,271+

OLD TOWN ON THE MONON

111 W Main St, Carmel, IN 46032

Call (463) 229-6390
1 BED

$1,370+

2 BEDS

$1,641+

3 BEDS

$1,865+

Governor Square

1825 Jefferson Dr W, Carmel, IN 46032

Call (463) 229-6392
Discounts

Discounts

STUDIO

$1,373+

1 BED

$1,409+

2 BEDS

$1,825+

3 BEDS

$2,681+

Avant

12890 Old Meridian St, Carmel, IN 46032

Call (463) 229-6634
Exceptional Value

1 BED

$1,399+

2 BEDS

$1,799+

Mezz 42

881 3rd Ave SW, Carmel, IN 46032

Call (463) 223-9413
|

STUDIO

$1,405+

1 BED

$1,565+

2 BEDS

$2,245+

Muse Carmel

1685 E 116th St, Carmel, IN 46032

Call (463) 210-1741
|

1 BED

$1,413+

2 BEDS

$2,432+

Sophia Square

110 W Main St, Carmel, IN 46032

Call (463) 223-2856
2 BEDS

$1,450

Park Lane Apartments

221 E Main St, Carmel, IN 46032

Call (463) 223-2818
1 BED

$1,471+

2 BEDS

$1,659+

Penn Circle

12415 N Pennsylvania St, Carmel, IN 46032
Good Value

1 BED

$1,490+

2 BEDS

$2,535+

3 BEDS

$2,639+

Signature at Carmel

13111 Old Meridian St, Carmel, IN 46032

Call (314) 207-3618
Exceptional Value

|

1 BED

$1,495+

2 BEDS

$1,895+

3 BEDS

$2,895+

Carmel Center

675 Beacon St, Carmel, IN 46032

Call (463) 229-6398
1 BED

$1,588+

2 BEDS

$2,247+

VER at Proscenium Apartments

1225 Veterans Way, Carmel, IN 46032

Call (463) 223-9102
1 BED

$1,598+

2 BEDS

$2,183+

North End Apartments

525 North End Dr, Carmel, IN 46032
2 BEDS, 1 BATH

$1,600

114 1st St SE Unit Carmel art

114 1st St SE, Carmel, IN 46032

Apply
1 BED

$1,610+

2 BEDS

$2,300+

The Apartments at 1st on Main

41 N Rangeline Rd, Carmel, IN 46032
1 BED

$1,719+

2 BEDS

$2,556+

3 BEDS

$3,286+

The Railyard at Midtown

350-410 Monon Blvd, Carmel, IN 46032

Call (463) 229-6271
|

2 BEDS

$2,150

Overture at Proscenium Apartments

1155 S Rangeline Rd, Carmel, IN 46032

Call (463) 234-7567
3 BEDS, 2.5 BATHS

$2,150

972 Orlando St

972 Orlando St, Carmel, IN 46032
3 BEDS, 3 BATHS

$2,369

11775 Yale Dr

11775 Yale Dr, Carmel, IN 46032

Call (833) 742-0874
4 BEDS, 2.5 BATHS

$2,400

506 Walbridge St

506 Walbridge St, Carmel, IN 46032
3 BEDS, 2.5 BATHS

$2,450

541 Steinbeck Pl

541 Steinbeck Pl, Carmel, IN 46032
3 BEDS, 3.5 BATHS

$2,500

755 Ivy Ln

755 Ivy Ln, Carmel, IN 46032
2 BEDS, 2 BATHS

$2,600

Carmel Gardens

12471 Carmel Garden, Carmel, IN 46032
3 BEDS, 2.5 BATHS

$2,675

218 Heritage Ln

218 Heritage Ln, Carmel, IN 46032
3 BEDS, 2 BATHS

$2,700

647 Alwyne Rd

647 Alwyne Rd, Carmel, IN 46032
3 BEDS, 2.5 BATHS

$2,700

1050 Valentine Ln

1050 Valentine Ln, Carmel, IN 46032
3 BEDS, 3 BATHS

$2,750

1727 Creekside Ln W

1727 Creekside Ln W, Carmel, IN 46032
3 BEDS, 2.5 BATHS

$2,750

549 Gilder Dr

549 Gilder Dr, Carmel, IN 46032
3 BEDS, 2 BATHS

$2,855

577 Steinbeck Pl

577 Steinbeck Pl, Carmel, IN 46032
3 BEDS, 4 BATHS

$2,950

32 Cricket Knoll Ln

32 Cricket Knoll Ln, Carmel, IN 46033
3 BEDS, 4 BATHS

$2,955

635 Golborne St

635 Golborne St, Carmel, IN 46032
3 BEDS, 3.5 BATHS

$3,500

830 Freeland Wy

830 Freeland Wy, Carmel, IN 46032
3 BEDS, 2.25 BATHS

$3,750

230 Heritage Ln

230 Heritage Ln, Carmel, IN 46032

Showing 42 of 45 results, Page 1 of 2

Carmel at a Glance

Average Rent

N/A

(All bedrooms and property types)

School Rating

out of 10 Rating

Learn more about

Schools in Carmel

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Carmel

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in Carmel

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 45 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
Shelborne Greene 595 Sq Ft $1,153/mo
Thornhurst 659 Sq Ft $1,259/mo
Village Farms 898 Sq Ft $1,349/mo
The Village on Springmill 898 Sq Ft $1,349/mo
Eden Park 870 Sq Ft $1,353/mo
The Providence at Old Meridian Lofts 771 Sq Ft $1,540/mo
Wilson Village 758 Sq Ft $1,598/mo
North Meridian Heights 730 Sq Ft $1,668/mo
Downtown Carmel 771 Sq Ft $1,705/mo
Timber Creek 819 Sq Ft $1,720/mo

Getting Around Carmel

Transportation

Somewhat Walkable

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

Very Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

Minimal Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

College/University

Butler University

Ivy Tech Community College

Marian Univ., Indianapolis

Purdue Indianapolis

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Cheap Apartments for Rent in Downtown Carmel

Carmel at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Downtown Carmel Neighborhood in Carmel, IN

Top Budget-Friendly Neighborhoods in Carmel

Getting Around Carmel

Transportation

Somewhat Walkable

Very Bikeable

Minimal Transit

Education

Select Bedrooms

Specialty Housing

Choose by Amenities

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