
Apartments for Rent in the Downtown Carmel Neighborhood of Carmel, IN (57 Rentals)


The Signature at Carmel

The Olivia

Sophia Square

Mezz 42

Lakes of Carmel

The Wren & The Windsor

Total Monthly Price
The Steadman Apartments of Carmel

Penn Circle

Carmel Woods
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.

Portrait Midtown

The Kent at Carmel City Center

Park Lane Apartments

Muse Carmel

VER at Proscenium Apartments

Woodland Springs Apartment Homes

The Residences at Carmel City Center

The Apartments at 1st on Main

The Gallery Apartments

Providence at Old Meridian
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.

Governor Square

Icon on Main

Railyard at Midtown

Avant

Old Town On The Monon

Gramercy

Alexandria of Carmel Apartments

Main Street on the Monon

612 Kinzer Ave

235 3rd Ave NE
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.

11585 Fulham St

525 Thornberry Dr

951 Pawnee Rd

33 Rogers Rd

235 3rd Ave NE

11585 Fulham St

11581 Fulham St

730 High Dr

13770 Tender Dr

11034 Central Ave
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.

10838 Belair Dr

Lakeside Apartments Phase II

Melange

843 Templeton Dr

The Apartments on 1st on Main

511 N Range Line Rd

430-440 1st Ave NE

North End Carmel

Lennar at Bellevue

Across From New Central Park
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 | $1,470 | $1,078 | $2,087 |
| Downtown Carmel 1 Bedroom Apartments | $1,633 | $1,010 | $2,659 |
| Downtown Carmel 2 Bedroom Apartments | $2,226 | $1,200 | $4,282 |
| Downtown Carmel 3 Bedroom Apartments | $2,577 | $1,627 | $4,466 |
How much does it cost to rent a home in Downtown Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $2,750 | $2,750 | $2,750 |
| 3 Bedroom Homes | $2,676 | $1,865 | $3,300 |
| 4 Bedroom Homes | $3,390 | $3,390 | $3,390 |
| 5 Bedroom Homes | $6,175 | $5,850 | $6,500 |
Browse Apartments in this Neighborhood
There are currently 57 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 ArticleNavigating 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.
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 #9
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, September 11, 2026, there are currently 57 available Downtown Carmel apartments priced from $1,010 to $4,466, with an average monthly rent of $1,951.
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 $1,470.
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 $2,659 with an average monthly rent of $1,633.
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 $2,226.
How expensive are Downtown Carmel Three Bedroom Apartments?
There are currently 24 Three Bedroom Apartments listings available in Downtown Carmel on ApartmentHomeLiving.com. The pricing ranges from $1,627 to $4,466 - averaging $2,577 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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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
Written by: Robin Stewart
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.