8056 Pebble Creek Ct
IndianapolisIN46268
Cheap Homes for Rent in Carmel, IN from $750 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Carmel.
14998 Allisonville Rd, Unit 14998 Allisonville
14998 Allisonville Rd
NoblesvilleIN46060
14992 Allisonville Rd, Unit 14992 Allisonville
14992 Allisonville Rd
NoblesvilleIN46060
14980 Allisonville Rd, Unit 14980 Allisonville
14980 Allisonville Rd
NoblesvilleIN46060
14988 Allisonville Rd, Unit 14988 Allisonville
14988 Allisonville Rd
NoblesvilleIN46060
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$1,590Studio Apartments Available Now
Furnished Studio-Indianapolis - Northwest - I-465
9370 Waldemar RdIndianapolis, IN 46268
1117 E 105th St
CarmelIN46280
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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12833 Tradd St, Unit 2C
12833 Tradd St
CarmelIN46032
9339 Embers Way
IndianapolisIN46250
1116 Viburnum Dr
IndianapolisIN46260
6655 Fairway Ave
IndianapolisIN46250
2215 Colfax Ln
IndianapolisIN46260
8065 Hoover Ln
IndianapolisIN46260
8362 Enclave Blvd
FishersIN46038
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-14, Page 1 of 1
Carmel, IN Local Guide
How much does it cost to rent a home in Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carmel 2 Bedroom Homes for Rent | $1,918 | $1,250 | $2,950 |
| Carmel 3 Bedroom Homes for Rent | $2,461 | $1,699 | $4,000 |
| Carmel 4 Bedroom Homes for Rent | $2,633 | $1,655 | $3,600 |
| Carmel 5 Bedroom Homes for Rent | $5,292 | $3,000 | $8,500 |
| Carmel 6 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Carmel, IN Local Guide
- Carmel Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Carmel, IN
Pricing Updated: 08/22/2026Current apartment rentals in the Carmel, IN area range in price from $1,010 to $4,466 with an overall median price of $1,755. Here is today’s list neighborhoods with the lowest median pricing for Carmel Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Carmel | $1,755 | $1,010 | 201 |
Cheapest Available Carmel Apartments for Rent
The cheapest available apartment rental in Carmel, IN is a 1 Bed unit found at Carlton Apartments in the Spring Arbor neighborhood priced from $810. Dogwood Glen in the Spring Arbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Carmel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Dogwood Glen | 1 Bed 1 Bath | 1BR,1BA | $855 |
| Turtle Creek | A1 Hickory | 1BR,1BA | $859 |
| King's Reserve College Park 55+ Active Adult | Studio Nook | Studio,1BA | $875 |
| River Road Apartments | Villa | 1BR,1BA | $880 |
Best Value Apartments for Rent in Carmel, IN
As of August 22, 2026 the best value apartment in the Carmel area is the $1.25 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,749. The second greatest value Carmel apartment is the 10770 Central Ave Model at 10770 Central Ave, Unit 10770 starting at $1,895 with a $1.26 price per square foot in the Carmel neighborhood. Here is today’s list of the best values for Carmel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Meridian | 7176B1 | 2BR,2BA | $1.25 |
| 10770 Central Ave, Unit 10770 | 10770 Central Ave | 3BR,2BA | $1.26 |
| Willow Lake Apartments | Cumberland | 2BR,2BA | $1.29 |
| Woods of Britton | Sycamore | 3BR,2BA | $1.26 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.19 |
| North Willow | 2 Bed/1 Ba w/FP-Up | 2BR,1BA | $1.30 |
| The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.10 |
| Reflections Apartments | Mirage | 2BR,1.5BA | $1.31 |
| Sanctuary at Fishers | The Harmony | 1BR,1BA | $1.33 |
| Northwood on the Trail | Redbud | 1BR,1BA | $1.27 |
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.
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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.
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Carmel, INPopulation: 93,510
Ranked #348
in US Census Population by City
Best Local Schools in Carmel, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Carmel, IN
Frequently Asked Questions about Carmel
What type of rentals are currently available in Carmel?
There are currently 174 Apartments for Rent in Carmel, IN with pricing that ranges from $799 to $5,841. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carmel ranging from $750 to $8,500.
What is the current price range for Rental Homes in Carmel?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carmel ranges from $750 to $8,500 with an average monthly rent of $2,524.
How much are larger Three and Four Bedroom Rentals in Carmel?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Carmel range from $1,389 to $4,945, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,655 and Four Bedroom Apartments start at $3,450.
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.
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