
Apartments for Rent in Carmel, IN Under $1,200 (56 Rentals)


Main Street on the Monon

The Kent at Carmel City Center

The Wren & The Windsor

Carmel Woods

Highpointe on Meridian

Twin Lakes Apartments

Summerwood on Towne Line Apartments

Ashton Brook

Chelsea Village
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Millstone of Noblesville

The Elliott at College Park Apartment Homes

Lakeshore Apartments

Metropolitan Fishers

The Eclipse Apartment Homes

Scandia Apartments

Sanctuary at Fishers

Elevate Keystone Apartments

The Lodge at Trails Edge

Lakeshore Reserve Off 86th Apartments and Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Northview

Parkside at Castleton Square Apartments and Townhomes

Oak Lake at Crooked Creek

The Grove on Harcourt

Woodbridge Castleton

The Towers at Crooked Creek Senior Housing

The Hub at Nora

Avia Lofts at Founders Road

Total Monthly Price
ReNew at the Crossing

Retreat at Riverbend Apartment Homes
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Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

The Grove on 79th

TGM Autumn Woods

The Spring Waterside Luxury Apartments

The Manning Apartment Homes

College Courts

Slate Run Lofts and Apartments

Northwood on the Trail

River Road Apartments

Carlton Apartments

King's Reserve College Park 55+ Active Living
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Turtle Creek

8056 Pebble Creek Ct

9000 Westfield Apartments

Crooked Creek

The Villages of Bent Tree Apartments

The Jameson

Crestwood Village North

Slate Run Lofts

Pickwick Farms Apartments

College Park Apartments
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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 Under $1200 | $1,340 | $799 | $6,490 |
| Carmel 1 Bedroom Apartments Under $1200 | $1,500 | $810 | $3,265 |
| Carmel 2 Bedroom Apartments Under $1200 | $1,825 | $1,049 | $5,186 |
| Carmel 3 Bedroom Apartments Under $1200 | $2,269 | $1,389 | $5,230 |
| Carmel 4 Bedroom Apartments Under $1200 | $3,450 | $3,450 | $3,450 |
Browse Top Apartments in Carmel
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Carmel, IN Local Guide
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Carmel, INPopulation: 93,510
Ranked #348
in US Census Population by City
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
Frequently Asked Questions about Carmel
How much are Studio apartments in Carmel?
There are currently 39 Studio Apartments in Carmel with rent ranges from $799 to $6,490 with an average price of $1,340.
What is the current price range for One Bedroom Carmel Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Carmel ranges from $810 to $3,265 with an average monthly rent of $1,500.
What does renting a Two Bedroom Apartment in Carmel cost?
The monthly rent prices of Two Bedroom Apartments currently available in Carmel range from $1,049 to $5,186. Today's average rental price for Two Bedrooms here is $1,825.
How expensive are Carmel Three Bedroom Apartments?
There are currently 85 Three Bedroom Apartments listings available in Carmel on ApartmentHomeLiving.com. The pricing ranges from $1,389 to $5,230 - averaging $2,269 for the location.
Expert Rental Resources
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.
Helpful Local Expert Guides

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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.
Articles, How-To's, and Tips

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Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.