
Apartments for Rent in Carmel, IN Under $1,500 (115 Rentals)


The Residences at Carmel City Center

The Olivia

Signature at Carmel

Wentworth at WestClay Condominiums

Sunrise on the Monon

Muse Carmel

Old Town On The Monon

Alexandria of Carmel Apartments

The Village on Spring Mill
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.

Overture at Proscenium Apartments

Avant

Governor Square

Lakes of Carmel

Gramercy

The Gallery Apartments

Providence at Old Meridian

Woodland Springs Apartment Homes

Carmel Landing Apartment Homes

Main Street on the Monon
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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The Kent at Carmel City Center

The Wren & The Windsor in Carmel City Center

Carmel Center

741 N Rangeline Rd

Carmel Woods

12840 University Crescent

741 N Rangeline Rd N

Lakeside Apartments Phase II

Penn Circle

Midtown Flats
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Highpointe on Meridian

Twin Lakes Apartments

Total Monthly Price
District South

Domain at Bennett Farms

Farmhouse at Lantern Commons

Ironworks at Keystone

Millstone of Noblesville

Flats at Spring Mill Station

Reserve at Williams Glen

Prairie Lakes
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The Preserve on Allisonville Townhomes

The Lakes Apartments

Notch at Nora

Depot at Nickel Plate

The Edge

River Place Flats

Ivy Knoll Apartments

Quarry at River North

Nickel Plate Station

Aria Apartments of Zionsville
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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 $1500 | $1,264 | $690 | $4,010 |
| Carmel 1 Bedroom Apartments Under $1500 | $1,493 | $810 | $3,766 |
| Carmel 2 Bedroom Apartments Under $1500 | $1,834 | $1,009 | $5,655 |
| Carmel 3 Bedroom Apartments Under $1500 | $2,356 | $1,330 | $7,707 |
| Carmel 4 Bedroom Apartments Under $1500 | $5,283 | $5,283 | $5,283 |
Browse Top Apartments in Carmel
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Carmel, IN Local Guide
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleYour 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 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!
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Frequently Asked Questions about Carmel
How much are Studio apartments in Carmel?
There are currently 36 Studio Apartments in Carmel with rent ranges from $690 to $4,010 with an average price of $1,264.
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 $3,766 with an average monthly rent of $1,493.
What does renting a Two Bedroom Apartment in Carmel cost?
The monthly rent prices of Two Bedroom Apartments currently available in Carmel range from $1,009 to $5,655. Today's average rental price for Two Bedrooms here is $1,834.
How expensive are Carmel Three Bedroom Apartments?
There are currently 81 Three Bedroom Apartments listings available in Carmel on ApartmentHomeLiving.com. The pricing ranges from $1,330 to $7,707 - averaging $2,356 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

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.

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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.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.