11750 Glenbrook Ct
CarmelIN46032
Cheap Homes for Rent in Downtown Carmel Neighborhood of Carmel, IN from $1,300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Carmel area of Carmel.
503 1st Ave SE
CarmelIN46032
1059 Timber Creek Dr
CarmelIN46032
73 Florence St
CarmelIN46032
1311 Lawrence Rd
CarmelIN46033
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
209 Faulkner Ct
CarmelIN46032
209 Faulkner Ct
CarmelIN46032
130 Carmel View Dr
CarmelIN46032
130 Carmel View Dr
CarmelIN46032
420 Beverly Ct
CarmelIN46032
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
420 Beverly Ct
CarmelIN46032
Showing Results 1-11, Page 1 of 1
Downtown Carmel, Carmel, IN Local Guide
Carmel, Indiana art and design district. by Wiki User: Tysto is licensed under Internal
How much does it cost to rent a home in Downtown Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Carmel 2 Bedroom Homes for Rent | $2,300 | $1,350 | $3,200 |
| Downtown Carmel 3 Bedroom Homes for Rent | $2,498 | $1,950 | $2,995 |
| Downtown Carmel 4 Bedroom Homes for Rent | $2,986 | $2,395 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Carmel Neighborhood of Carmel, IN.
Explore Carmel
Downtown Carmel, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
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- Local Counties
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Cheapest Available Downtown Carmel Apartments for Rent
The cheapest available apartment rental in the Downtown Carmel area of Carmel, IN is a Studio unit found at MAIN STREET priced from $1,113. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,155. Here are the most affordable Downtown Carmel apartments for rent in Carmel, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAIN STREET | The Maple | Studio,1BA | $1,113 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1,155 |
| Carmel Woods | The Cypress | 1BR,1BA | $1,190 |
| The Gallery Apartments | Van Gogh | 1BR,1BA | $1,241 |
| Highpointe on Meridian | U2 Blackburn - 1.1 | 1BR,1BA | $1,265 |
Best Value Apartments for Rent in Downtown Carmel, IN
As of January 07, 2026 the best value apartment in the Downtown Carmel area is the $1.68 price per square foot Carnegie Model at OLD TOWN ON THE MONON in the in the Beacon Point neighborhood starting from $3,271. The second greatest value Downtown Carmel apartment is the Two Bedroom TH Model at Woodland Springs Apartment Homes starting at $1,749 with a $1.09 price per square foot in the Spring Mill neighborhood. Here is today’s list of the best values for Downtown Carmel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| OLD TOWN ON THE MONON | Carnegie | 3BR,2.5BA | $1.68 |
| Woodland Springs Apartment Homes | Two Bedroom TH | 2BR,2.5BA | $1.09 |
| Alexandria of Carmel Apartments | The Republic 3 BR 2 BA | 3BR,2BA | $1.59 |
| Muse Carmel | Haring | 2BR,2BA | $1.68 |
| Carmel Woods | The Willows | 2BR,2BA | $1.54 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.41 |
| Overture at Proscenium Apartments | Scot | Studio ,1BA | $1.72 |
| 17 Woodland Dr, Unit Upstair Rental | 17 Woodland Dr | 5BR,1BA | $1.27 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.52 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1.73 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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Pet Friendly LifestyleDowntown Carmel, Carmel, IN
Ranked #10
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Carmel, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about Downtown Carmel
What type of rentals are currently available in Downtown Carmel?
There are currently 43 Apartments for Rent in Downtown Carmel, IN with pricing that ranges from $1,000 to $4,466. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Carmel ranging from $1,350 to $3,900.
What is the current price range for Rental Homes in Downtown Carmel?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Carmel ranges from $1,350 to $3,900 with an average monthly rent of $2,594.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!