12598 Tennyson Ln
CarmelIN46032
Cheap Homes for Rent in Downtown Carmel Neighborhood of Carmel, IN from $1,800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Carmel area of Carmel.
12598 Tennyson Ln
CarmelIN46032
133 1st Ave SE
CarmelIN46032
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.
508 Deacon St
CarmelIN46032
1059 Timber Creek Dr
CarmelIN46032
749 Emerson Rd
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.
506 Walbridge St
CarmelIN46032
Showing Results 1-7, 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 | $2,150 | $1,850 | $2,600 |
| Downtown Carmel 3 Bedroom Homes for Rent | $2,878 | $1,975 | $3,700 |
| Downtown Carmel 4 Bedroom Homes for Rent | $2,536 | $2,200 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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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Cheapest Available Downtown Carmel Apartments for Rent
The cheapest available apartment rental in the Downtown Carmel area of Carmel, IN is a 1 Bed unit found at Highpointe on Meridian priced from $1,127. Providence at Old Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,148. Here are the most affordable Downtown Carmel apartments for rent in Carmel, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highpointe on Meridian | U2 Blackburn - 1.1 | 1BR,1BA | $1,127 |
| Providence at Old Meridian | 1 Bdrm -Renovated | 1BR,1BA | $1,148 |
| MAIN STREET | The Maple | Studio,1BA | $1,164 |
Best Value Apartments for Rent in Downtown Carmel, IN
As of September 12, 2025 the best value apartment in the Downtown Carmel area is the $1.16 price per square foot 2 bed 2.5 bath Townh Renovated - Ralston Model at Governor Square in the in the Spring Mill neighborhood starting from $1,870. The second greatest value Downtown Carmel apartment is the Two Bedroom Study Model at Lakes of Carmel starting at $1,737 with a $1.31 price per square foot in the Beacon Point 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. |
|---|---|---|---|
| Governor Square | 2 bed 2.5 bath Townh Renovated - Ralston | 2BR,2.5BA | $1.16 |
| Lakes of Carmel | Two Bedroom Study | 2BR,2BA | $1.31 |
| Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
| Park Lane Apartments | 7183B2 2x1.5 Townhome (1056 sqft) | 2BR,1.5BA | $1.51 |
| Mezz 42 | 7175A4 1x1.5 (885 sqft) | 1BR,1.5BA | $1.66 |
| OLD TOWN ON THE MONON | Foster | 1BR,1BA | $1.62 |
| Carmel Woods | The Cypress | 1BR,1BA | $1.54 |
| The Olivia | Lisbon | 1BR,1BA | $1.87 |
| Highpointe on Meridian | U6-H Hubbard 2 - 1.1.5 (Gar / HC) | 1BR,1.5BA | $1.84 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.64 |
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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
2.5Pet 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 42 Apartments for Rent in Downtown Carmel, IN with pricing that ranges from $1,148 to $4,466. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Carmel ranging from $1,850 to $3,700.
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 $1,850 to $3,700 with an average monthly rent of $2,521.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.