Cheap Apartments for Rent in Downtown Carmel

629 Rentals

1 BED

$1,046+

2 BEDS

$1,473+

3 BEDS

$2,371+

Highpointe on Meridian

13415 Highpointe Blvd, Carmel, IN 46032
STUDIO

$1,139+

1 BED

$1,164+

2 BEDS

$1,309+

3 BEDS

$1,971+

MAIN STREET

60 Knoll Ct, Carmel, IN 46032

Call (463) 223-9106
1 BED

$1,143+

2 BEDS

$1,536+

3 BEDS

$2,088+

Providence at Old Meridian

300 Providence Blvd, Carmel, IN 46032

Call (463) 229-6402
1 BED

$1,175+

2 BEDS

$1,460+

3 BEDS

$1,585+

Gramercy

945 Mohawk Hills Dr, Carmel, IN 46032

Call (463) 229-6416
1 BED

$1,189+

2 BEDS

$1,519+

The Gallery Apartments

35 Rosewalk Cir, Carmel, IN 46032

Call (463) 345-4712
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

$1,250+

2 BEDS

$1,420+

3 BEDS

$1,885+

Governor Square

1825 Jefferson Dr W, Carmel, IN 46032

Call (463) 229-6392
1 BED

$1,254+

2 BEDS

$1,530+

3 BEDS

$1,981+

Alexandria of Carmel Apartments

1411 Fairfax Manor Dr, Carmel, IN 46032

Call (463) 223-3947
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
STUDIO

$1,295+

1 BED

$1,490+

2 BEDS

$2,155+

Muse Carmel

1685 E 116th St, Carmel, IN 46032

Call (463) 210-1741
1 BED

$1,296+

2 BEDS

$1,607+

Lakes of Carmel

382 Arbor Dr, Carmel, IN 46032

Call (463) 229-6448
Good Value

|

1 BED

$1,319+

2 BEDS

$1,685+

The Olivia

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

Call (463) 223-2566
1 BED

$1,349+

2 BEDS

$1,499+

Penn Circle

12415 N Pennsylvania St, Carmel, IN 46032
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
STUDIO

$1,373+

1 BED

$1,420+

2 BEDS

$1,664+

3 BEDS

$2,681+

Avant

12890 Old Meridian St, Carmel, IN 46032

Call (463) 229-6634
1 BED

$1,384+

2 BEDS

$1,994+

VER at Proscenium Apartments

1225 Veterans Way, Carmel, IN 46032

Call (463) 223-9102
Exceptional Value

|

1 BED

$1,395+

2 BEDS

$1,695+

3 BEDS

$2,895+

Carmel Center

675 Beacon St, Carmel, IN 46032

Call (463) 229-6398
Good Value

|

STUDIO

$1,428+

1 BED

$1,428+

2 BEDS

$2,150+

Overture at Proscenium Apartments

1155 S Rangeline Rd, Carmel, IN 46032

Call (463) 234-7567
Good Value

1 BED

$1,499+

2 BEDS

$2,069+

Mezz 42

881 3rd Ave SW, Carmel, IN 46032

Call (463) 223-9413
STUDIO

$1,529+

1 BED

$1,738+

2 BEDS

$2,536+

3 BEDS

$2,815+

Midtown Flats

591 Monon Blvd, Carmel, IN 46032
1 BED

$1,559+

2 BEDS

$2,143+

North End Apartments

525 North End Dr, Carmel, IN 46032
Good Value

STUDIO

$1,570+

1 BED

$1,560+

2 BEDS

$2,019+

3 BEDS

$2,639+

Signature at Carmel

13111 Old Meridian St, Carmel, IN 46032

Call (314) 207-3618
2 BEDS

$1,599

Park Lane Apartments

221 E Main St, Carmel, IN 46032

Call (463) 223-2818
|

1 BED

$1,666+

2 BEDS

$2,442+

Sophia Square

110 W Main St, Carmel, IN 46032

Call (463) 223-2856
1 BED

$1,681+

2 BEDS

$2,514+

3 BEDS

$3,286+

The Railyard at Midtown

350-410 Monon Blvd, Carmel, IN 46032

Call (463) 229-6271
2 BEDS, 2 BATHS

$1,850

12598 Tennyson Ln Unit 102

12598 Tennyson Ln, Carmel, IN 46032
2 BEDS, 2 BATHS

$1,850

12598 Tennyson Ln Unit # 102

12598 Tennyson Ln, Carmel, IN 46032
3 BEDS, 2 BATHS

$1,950

1059 Timber Creek Dr Unit 4

1059 Timber Creek Dr, Carmel, IN 46032
3 BEDS, 2 BATHS

$1,975

508 Deacon St

508 Deacon St, Carmel, IN 46032
Call for Rent

The Apartments at 1st on Main

41 N Rangeline Rd, Carmel, IN 46032
4 BEDS, 2.5 BATHS

$2,100

506 Walbridge St

506 Walbridge St, Carmel, IN 46032
3 BEDS, 3.5 BATHS

$2,200

1002 Cavendish Dr

1002 Cavendish Dr, Carmel, IN 46032
4 BEDS, 3 BATHS

$2,395

346 Atherton Dr

346 Atherton Dr, Carmel, IN 46032
3 BEDS, 2.5 BATHS

$2,450

231 Legacy Lane

231 Legacy Lane, Carmel, IN 46032

Call (463) 223-4832 Apply
2 BEDS, 3 BATHS

$2,450

117 9th St NW

117 9th St NW, Carmel, IN 46032
3 BEDS, 2 BATHS

$2,550

647 Alwyne Rd

647 Alwyne Rd, Carmel, IN 46032
3 BEDS, 2 BATHS

$2,600

105 Belden Dr

105 Belden Dr, Carmel, IN 46032
4 BEDS, 2.5 BATHS

$2,600

11454 McKenzie Pkwy

11454 McKenzie Pkwy, Carmel, IN 46032
3 BEDS, 2 BATHS

$2,650

577 Steinbeck Pl

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

$2,825

32 Cricket Knoll Ln

32 Cricket Knoll Ln, Carmel, IN 46033
4 BEDS, 2 BATHS

$2,890

612 Kinzer Ave

612 Kinzer Ave, Carmel, IN 46032
4 BEDS, 2.5 BATHS

$2,900

223 Carlin Dr

223 Carlin Dr, Carmel, IN 46032

Showing 42 of 50 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 50 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
Walters Rolling Acres 803 Sq Ft $1,215/mo
Eden Park 906 Sq Ft $1,281/mo
Thornhurst 639 Sq Ft $1,299/mo
The Providence at Old Meridian Lofts 745 Sq Ft $1,319/mo
Village Farms 889 Sq Ft $1,373/mo
The Village on Springmill 889 Sq Ft $1,373/mo
Wilson Village 697 Sq Ft $1,437/mo
Timber Creek 819 Sq Ft $1,515/mo
Parkside Village 819 Sq Ft $1,515/mo
Flair North 729 Sq Ft $1,561/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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Specialty Housing

Downtown Carmel Short-Term Housing

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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

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Specialty Housing

Choose by Amenities

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