Cheap 1 Bedroom Apartments for Rent in the Downtown Carmel Neighborhood of Carmel, IN from $1,174 (26 Rentals)

Woodland Springs Apartment Homes

Providence at Old Meridian

The Gallery

Alexandria of Carmel Apartments

Lakes of 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.

OLD TOWN ON THE MONON

Carmel Center

VER at Proscenium Apartments
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.

Signature at Carmel

Muse Carmel

The Steadman Apartments of Carmel
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.
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 | $1,521 | $1,159 | $2,141 |
Downtown Carmel 1 Bedroom Apartments | $1,695 | $1,174 | $2,980 |
Downtown Carmel 2 Bedroom Apartments | $2,199 | $1,280 | $3,900 |
Downtown Carmel 3 Bedroom Apartments | $2,557 | $1,608 | $4,432 |
Browse Apartments in this Neighborhood
There are currently 26 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
- Nearby 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 the Downtown Carmel Neighborhood in Carmel, IN
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
75 / 100
Very Bikeable
Biking is convenient for most trips
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 Cheap Downtown Carmel Apartments
How much is rent for a Cheap One Bedroom Downtown Carmel Apartment?
The lowest price for a Cheap One Bedroom Downtown Carmel Apartment is $1,174 at MAIN STREET.
What is the lowest price for a Cheap Two Bedroom Downtown Carmel Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Carmel is starting from $1,174 at MAIN STREET.
What is the most affordable Downtown Carmel Three Bedroom Apartment?
The best deal on a cheap Downtown Carmel Three Bedroom Apartment rental is at MAIN STREET and starts from $1,174.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.