
Cheap Apartments for Rent in Carmel, IN from $500 with Swimming Pool (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Carmel.


Providence at Old Meridian

MAIN STREET

The Village on Spring Mill

Woodland Springs Apartment Homes

Alexandria of Carmel Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Wren & The Windsor

Governor Square

Carlton Apartments

Reflections Apartments

River Road Apartments

Scandia Apartments

Pickwick Farms Apartments

College Courts

Woodbridge Castleton

Chelsea Village

The Grove on 79th
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Retreat Northwest

The Manning Apartment Homes

Avia Lofts at Founders Road

The Grove on Harcourt

Oak Lake at Crooked Creek

Parkside at Castleton Square Apartments and Townhomes

Riverbend Apartments

The Villages of Bent Tree Apartments

Ashton Brook

Lakeshore Reserve Off 86th Apartments and Townhomes
It's time to soak up some sun!
One of the easiest and more obvious ways of enjoying the summer sun is to lounge out by your community pool. Learn a Few Rules to Keep in Mind while at the pool.

Summerwood on Towne Line Apartments

Greystone of Noblesville

The Lodge at Trails Edge

The Depot At Nickel Plate

The Eclipse Apartment Homes

Crooked Creek

The Elliott at College Park Apartment Homes

TGM Autumn Woods
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

The Flats at Fishers Marketplace

Nook Nine

River Crossing

Sunblest Apartments

Lakeshore Apartments

Metropolitan Fishers

Sunlake Apartments

Prairie Lakes

River Ridge

The Reserve at William's Glen

Woods of Britton

Flats at Spring Mill Station

Nickel Plate Station
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Carmel, IN Local Guide

How much does it cost to rent an apartment in Carmel?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Carmel Studio Apartments | $1,207 | $620 | $4,794 |
Carmel 1 Bedroom Apartments | $1,464 | $800 | $4,224 |
Carmel 2 Bedroom Apartments | $1,868 | $770 | $5,000 |
Carmel 3 Bedroom Apartments | $2,433 | $1,299 | $10,000+ |
Explore Carmel
Carmel, IN Local Guide
- Carmel Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCarmel, IN
Ranked #2
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Carmel, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carmel, IN Rentals by Map
See the most popular apartments and homes in Carmel, IN
Getting Around Carmel, IN
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Carmel Apartments
What is the Cheapest Studio apartment in Carmel?
Currently the most affordable Cheap Studio Apartment in Carmel is at Dogwood Glen listed at $620.
How much is rent for a Cheap One Bedroom Carmel Apartment?
The lowest price for a Cheap One Bedroom Carmel Apartment is $800 at Carlton Apartments.
What is the lowest price for a Cheap Two Bedroom Carmel Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Carmel is starting from $1,060 at Carlton Apartments.
What is the most affordable Carmel Three Bedroom Apartment?
The best deal on a cheap Carmel Three Bedroom Apartment rental is at The Grove on Harcourt and starts from $1,299.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.