Cheap Apartments for Rent in Carmel, IN from $400 with Swimming Pool (44 Rentals)
Cheap Apartments in Carmel.

Woodland Springs Apartment Homes

Alexandria of Carmel Apartments

Lakes of Carmel

Carlton Apartments

Pickwick Farms Apartments

Reflections Apartments

River Road Apartments
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.

Riverbend Apartments

Scandia Apartments

Woodbridge Castleton

Grove on Harcourt

The Villages of Bent Tree Apartments

Lakeshore Reserve Off 86th Apartments and Townhomes

The Manning Apartment Homes

Oak Lake at Crooked Creek
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Ashton Brook

The Lodge at Trails Edge

Summerwood on Towne Line Apartments

The Elliott at College Park Apartment Homes

Parkside at Castleton Square Apartments and Townhomes

The Retreat Northwest

TGM Autumn Woods

Crooked Creek

Avia Lofts at Founders Road

Sunblest Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Lakeshore Apartments

River Crossing

Sunlake Apartments

Millstone of Noblesville

Flats at Spring Mill Station

Quarry at River North

Metropolitan Fishers

Woods of Britton

82 Flats At The Crossing
Carmel - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Chelsea Village

Nickel Plate Station

Nook Nine

Notch at Nora
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 | $1,351 | $800 | $5,493 |
Carmel 1 Bedroom Apartments | $1,543 | $415 | $3,206 |
Carmel 2 Bedroom Apartments | $1,986 | $1,008 | $5,000 |
Carmel 3 Bedroom Apartments | $2,380 | $1,159 | $8,454 |
Carmel 4 Bedroom Apartments | $2,531 | $1,745 | $3,200 |
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.
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 The Hub at Nora listed at $800.
How much is rent for a Cheap One Bedroom Carmel Apartment?
The lowest price for a Cheap One Bedroom Carmel Apartment is $860 at River Road 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 $1,072 at Turtle Creek.
What is the most affordable Carmel Three Bedroom Apartment?
The best deal on a cheap Carmel Three Bedroom Apartment rental is at The Eclipse and starts from $1,307.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.