
Apartments for Rent in the Downtown Carmel Neighborhood of Carmel, IN (61 Rentals)


Total Monthly Price
L’Etoile Apartments

Total Monthly Price
The Steadman Apartments of Carmel

Overture at Proscenium Apartments

The Signature at Carmel

The Wren & The Windsor

The Olivia

Sophia Square

Mezz 42

Penn Circle
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Lakes of Carmel

Carmel Woods

Portrait Midtown

Muse Carmel

The Kent at Carmel City Center

Park Lane Apartments

The Apartments at 1st on Main

VER at Proscenium Apartments

Woodland Springs Apartment Homes

The Residences at Carmel City Center
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.

The Gallery Apartments

Providence at Old Meridian

Governor Square

Railyard at Midtown

Avant

Old Town On The Monon

Gramercy

Main Street on the Monon

Alexandria of Carmel Apartments

Total Monthly Price
17 Woodland Dr, Unit Upstair Rental
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

12754 Crescent Dr

235 3rd Ave NE

11506 Rolling Springs Dr

951 Pawnee Rd

335 1st Ave NW

420 W Main St

333 Alden Way

512 Lexington Blvd

537 Steinbeck Pl

11794 Harvard Ln
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.

235 3rd Ave NE

11610 Buttonwood Dr

12022 Otto Ln

738 Howe Dr

505 Vista Dr

10838 Belair Dr

Lakeside Apartments Phase II

Melange

Icon on Main

843 Templeton Dr
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.
Downtown Carmel, Carmel, IN Local Guide

How much does it cost to rent an apartment in Downtown Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Carmel Studio Apartments | $1,467 | $1,078 | $2,087 |
| Downtown Carmel 1 Bedroom Apartments | $1,648 | $1,010 | $2,577 |
| Downtown Carmel 2 Bedroom Apartments | $2,153 | $1,200 | $4,282 |
| Downtown Carmel 3 Bedroom Apartments | $2,587 | $1,525 | $4,466 |
How much does it cost to rent a home in Downtown Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $2,683 | $2,200 | $2,950 |
| 3 Bedroom Homes | $2,393 | $1,835 | $2,900 |
| 4 Bedroom Homes | $3,733 | $3,400 | $4,000 |
| 5 Bedroom Homes | $6,500 | $6,500 | $6,500 |
| 6 Bedroom Homes | $12,500 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the Downtown Carmel Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Downtown Carmel, Carmel, IN Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
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.
Pet Friendly LifestyleDowntown Carmel, Carmel, IN
Ranked #8
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Carmel, Carmel, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Indiana and customized analysis for Central Carmel. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Downtown Carmel
What is the current pricing and availability for apartments for rent in the Downtown Carmel area of Carmel, IN?
As of today, July 27, 2026, there are currently 61 available Downtown Carmel apartments priced from $950 to $4,466, with an average monthly rent of $1,914.
How much are Studio apartments in Downtown Carmel?
There are currently 11 Studio Apartments in Downtown Carmel with rent ranges from $1,078 to $2,087 with an average price of $1,467.
What is the current price range for One Bedroom Downtown Carmel Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Carmel ranges from $1,010 to $2,577 with an average monthly rent of $1,648.
What does renting a Two Bedroom Apartment in Downtown Carmel cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Carmel range from $1,200 to $4,282. Today's average rental price for Two Bedrooms here is $2,153.
How expensive are Downtown Carmel Three Bedroom Apartments?
There are currently 23 Three Bedroom Apartments listings available in Downtown Carmel on ApartmentHomeLiving.com. The pricing ranges from $1,525 to $4,466 - averaging $2,587 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.
Articles, How-To's, and Tips

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.