
Apartments for Rent in Carmel, IN Under $1,500 (104 Rentals)


OLD TOWN ON THE MONON

Signature at Carmel

Bridgewater

Sunrise on the Monon

Governor Square

Alexandria of Carmel Apartments
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.

Avant

Providence at Old Meridian

The Olivia

Lakes of Carmel

The Gallery Apartments

The Wren & The Windsor

Muse Carmel
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Village on Spring Mill

Woodland Springs Apartment Homes

MAIN STREET

Carmel Landing Apartment Homes

The Domain at Bennett Farms

Farmhouse at Lantern Commons

Quarry at River North
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

District South

River Place Flats

Ivy Knoll Apartments

82 Flats At The Crossing

Flats at Switch

Vista 55+ Living

The Preserve on Allisonville Townhomes

Prairie Lakes

Ironworks at Keystone

The Lakes Apartments
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.

The Flats at Fishers Marketplace

The Edge

Lake Clearwater Apartments

Castle Creek Apartments

The Depot At Nickel Plate

Lavina

Flats at Spring Mill Station

The Reserve at William's Glen

North Willow

River Ridge

Nickel Plate Station
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 $1500 | $1,189 | $799 | $4,047 |
Carmel 1 Bedroom Apartments Under $1500 | $1,503 | $800 | $4,339 |
Carmel 2 Bedroom Apartments Under $1500 | $1,897 | $1,060 | $5,000 |
Carmel 3 Bedroom Apartments Under $1500 | $2,388 | $1,159 | $10,000+ |
Carmel 4 Bedroom Apartments Under $1500 | $3,200 | $3,200 | $3,200 |
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Carmel, IN Local Guide
- Carmel Neighborhoods
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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 Carmel
How much are Studio apartments in Carmel?
There are currently 27 Studio Apartments in Carmel with rent ranges from $799 to $4,047 with an average price of $1,189.
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 $800 to $4,339 with an average monthly rent of $1,503.
What does renting a Two Bedroom Apartment in Carmel cost?
The monthly rent prices of Two Bedroom Apartments currently available in Carmel range from $1,060 to $5,000. Today's average rental price for Two Bedrooms here is $1,897.
How expensive are Carmel Three Bedroom Apartments?
There are currently 75 Three Bedroom Apartments listings available in Carmel on ApartmentHomeLiving.com. The pricing ranges from $1,159 to $11,670 - averaging $2,388 for the location.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.