Homes for Rent in Shadow Lakes Neighborhood of Carmel, IN (61 Rentals)

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property at 865 W 136th St

$2,300

3 Bedroom, 1.5 Bath Home for Rent

Available Now

865 W 136th St

CarmelIN46032

Cash 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.

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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.

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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.

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property at 420 Beverly Ct

$2,200

2 Bedroom, 3 Bath Townhome for Rent

Available Now

420 Beverly Ct

CarmelIN46032
property at 4391 Barrel Ln

$2,650

3 Bedroom, 3 Bath Townhome for Rent

Available Jan 1, 2026

4391 Barrel Ln

WestfieldIN46062

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.

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Showing Results 1-50, Page 1 of 2

Shadow Lakes, Carmel, IN Local Guide

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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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.

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How a Move-In Inspection Can Protect Your Security Deposit

Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.

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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.

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Pet Friendly Lifestyle
Shadow Lakes, Carmel, IN

Ranked #2

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Shadow Lakes, Carmel, IN

School data provided by Great Schools

Frequently Asked Questions about Shadow Lakes

What type of rentals are currently available in Shadow Lakes?

There are currently 57 Apartments for Rent in Shadow Lakes, IN with pricing that ranges from $1,105 to $4,466. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shadow Lakes ranging from $1,395 to $8,950.

What is the current price range for Rental Homes in Shadow Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shadow Lakes ranges from $1,395 to $8,950 with an average monthly rent of $2,955.

How much are larger Three and Four Bedroom Rentals in Shadow Lakes?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shadow Lakes range from $1,495 to $4,466, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,685 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,975.

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

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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.

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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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!