
Luxury Apartments for Rent in the Shadow Lakes Neighborhood of Carmel, IN (54 Rentals)
The most luxurious Apartments in the Shadow Lakes area of Carmel with high-end amenities, features, and finishes.


Signature at Carmel

Avant

The Olivia

Sophia Square

The Wren & The Windsor

Portrait Midtown

The Kent at Carmel City Center

VER at Proscenium Apartments

Alexandria of Carmel Apartments
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.

The Village on Spring Mill

Providence at Old Meridian

The Railyard at Midtown

OLD TOWN ON THE MONON

North End Apartments

3768 E Carmel Dr

210 Gilder Dr

154 Pearl St

1367 Hinault Way

428 Neuman Way
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

13807 Boiler Pl

3362 Eden Village Pl

12618 Lockerbie Cir

117 Lexington Blvd

14502 Baldwin Ln

3768 E Carmel Dr

420 W Main St

328 W Main St

4957 Shadow Rock Cir

733 E Greyhound Pass
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.

131 1st Ave NW

4957 Shadow Rock Cir

The Residences at Carmel City Center

Highpointe on Meridian

Midtown Flats

Farmhouse at Lantern Commons

Redwood Noblesville Webster Drive

Maple Knoll Apartments

620 Southridge Ct

17451 Ebling Trl

3202 Grandview Way

17491 Fetzer Ct

5213 Dunhaven Rd

45 Wisteria Way

5420 Laurel Crest Run

16026 Coleman Dr

404 E Pine Ridge Dr

129 Penn St

459 Vernon Pl

344 W Columbine Ln
Shadow Lakes, Carmel, IN Local Guide

How much does it cost to rent an apartment in Shadow Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shadow Lakes Studio Apartments | $1,409 | $1,105 | $2,087 |
| Shadow Lakes 1 Bedroom Apartments | $1,617 | $1,136 | $2,612 |
| Shadow Lakes 2 Bedroom Apartments | $2,040 | $1,280 | $3,725 |
| Shadow Lakes 3 Bedroom Apartments | $2,510 | $1,435 | $4,466 |
| Shadow Lakes 4 Bedroom Apartments | $3,594 | $3,475 | $3,713 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 3 mile radius of the Shadow Lakes Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Shadow Lakes, Carmel, IN Local Guide
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Pet Friendly LifestyleShadow Lakes, Carmel, IN
Ranked #2
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Shadow Lakes, Carmel, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States including Shadow Lakes, Carmel, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, apartment complexes for the kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Luxury Living Rating
This residential neighborhood is one of our favorite high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, concierge services, park access, and quartz countertops in the kitchen with high-end appliances. Other luxury items often include hardwood floors and fireplaces, raquetball courts, and a full-time security staff or doorman.
Frequently Asked Questions about Shadow Lakes
How much are Studio apartments in Shadow Lakes?
There are currently 13 Studio Apartments in Shadow Lakes with rent ranges from $1,105 to $2,087 with an average price of $1,409.
What is the current price range for One Bedroom Shadow Lakes Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Shadow Lakes ranges from $1,136 to $2,612 with an average monthly rent of $1,617.
What does renting a Two Bedroom Apartment in Shadow Lakes cost?
The monthly rent prices of Two Bedroom Apartments currently available in Shadow Lakes range from $1,280 to $3,725. Today's average rental price for Two Bedrooms here is $2,040.
How expensive are Shadow Lakes Three Bedroom Apartments?
There are currently 34 Three Bedroom Apartments listings available in Shadow Lakes on ApartmentHomeLiving.com. The pricing ranges from $1,435 to $4,466 - averaging $2,510 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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.