
Cheap Apartments for Rent near Lake Carmel, NY from $1,000 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Carmel.


Olde Post Mall Apartments

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Simeon Village- AGE RESTRICTED

Mountainview Garden Apartments

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Innovation Studios

702 Fox Run Ln

Barnbeck Place

The Hamlet at Carmel
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Residences at The Summit

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Brookview Commons

THE GRAND AT BETHEL

Towne Brooke Commons

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1 Kennedy Flats Apartments

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Emporium Plaza Apartments

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Ashwood Valley Apartments

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Brookfield Village Apartments
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.

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Ridgeway Place

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Federal Road Apartments

Overlook at Fort Hill Apartments

The Grand at Stony Hill Village

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Overland Crossing

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Hopewell Gardens

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Arrive Danbury

189 Fair St
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.

2205 Mayor Mitchell Court

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Marin Village

Abbey Lane

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Eagle Rock Apartments at Fishkill

Ridgefield Commons

Westview Apartments

Eagle Rock Apartments at Mohegan Lake

Kinsley
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.

Hillcrest Commons II Senior Living 55+

Hillcrest Commons II

1751 US-6, Unit A

Ivy Hall Estate

The Lofts at Beacon

222 CT-37

Willow Park Apartments

11 Curry Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

121 E Hook Cross Rd

10 Balmforth Ave

15 Park St
Lake Carmel, NY Local Guide

How much does it cost to rent an apartment in Lake Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Carmel Studio Apartments | $1,747 | $1,300 | $2,287 |
| Lake Carmel 1 Bedroom Apartments | $2,451 | $1,675 | $3,749 |
| Lake Carmel 2 Bedroom Apartments | $2,909 | $1,700 | $4,549 |
| Lake Carmel 3 Bedroom Apartments | $3,398 | $1,922 | $5,419 |
| Lake Carmel 4 Bedroom Apartments | $5,100 | $5,100 | $5,100 |
Browse Top Apartments in Lake Carmel
See all Apartments in Lake CarmelExplore Lake Carmel
Lake Carmel, NY Local Guide
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Cheapest Available Lake Carmel Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Carmel, NY is a Studio unit found at Mountain View Knolls in the Old Hopewell Estates neighborhood priced from $1,300. Simeon Village- AGE RESTRICTED in the Danbury Newtown Monroe neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Lake Carmel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Knolls | Studio | Studio,1BA | $1,300 |
| Simeon Village- AGE RESTRICTED | Studio Unit | Studio,1BA | $1,550 |
| Innovation Studios | Studio | Studio,1BA | $1,625 |
| The Hamlet at Carmel | Three Bed One Bath | 3BR,1BA | $1,922 |
| Towne Brooke Commons | Hawley | 1BR,1BA | $2,020 |
| 1 Kennedy Flats Apartments | S1 | Studio,1BA | $2,041 |
| Residences at The Summit | ELLSWORTH | 1BR,1BA | $2,140 |
| The Point at Still River | 1 Bed 1 Bath - A2 | 1BR,1BA | $2,147 |
| Federal Road Apartments | Open One Bed 0.2A | Studio,1BA | $2,155 |
| Overlook at Fort Hill Apartments | 2 Bedroom | 2BR,1BA | $2,200 |
Best Value Apartments for Rent in Lake Carmel, NY and Nearby
As of July 11, 2026 the best value apartment in the Lake Carmel area is the $1.94 price per square foot Sx1 J Model at The Lofts at Beacon in the in the Beacon neighborhood starting from $3,350. The second greatest value Lake Carmel apartment is the 2Br/2Bth Model at Ridgefield Commons starting at $2,475 with a $1.83 price per square foot in the Danbury Newtown Monroe neighborhood. Here is today’s list of the best values for Lake Carmel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lofts at Beacon | Sx1 J | Studio ,1BA | $1.94 |
| Ridgefield Commons | 2Br/2Bth | 2BR,2BA | $1.83 |
| Mountainview Garden Apartments | Large First Floor Two Bedroom | 2BR,1BA | $2.12 |
| Ridgeway Place | Danbury | 3BR,2BA | $2.27 |
| THE GRAND AT BETHEL | Canterbury | 3BR,2BA | $2.50 |
| Willow Grove Apartment Homes | 2 Bed/2 Bath-Laurel Terrace | 2BR,2BA | $2.42 |
| Arrive Danbury | Brookside | 2BR,2BA | $2.54 |
| The Grand at Stony Hill Village | B Floorplan | 2BR,2BA | $2.56 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $2.37 |
| 2205 Mayor Mitchell Court | 2 bedroom | 2BR,1BA | $2.45 |
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 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Carmel, NY Rentals by Map
See the most popular apartments and homes in Lake Carmel, NY
Frequently Asked Questions about Cheap Lake Carmel Apartments
What is the Cheapest Studio apartment in Lake Carmel?
Currently the most affordable Cheap Studio Apartment in Lake Carmel is at Mountain View Knolls listed at $1,300.
How much is rent for a Cheap One Bedroom Lake Carmel Apartment?
The lowest price for a Cheap One Bedroom Lake Carmel Apartment is $1,675 at Mountain View Knolls.
What is the lowest price for a Cheap Two Bedroom Lake Carmel Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Carmel is starting from $1,700 at Mountain View Knolls.
What is the most affordable Lake Carmel Three Bedroom Apartment?
The best deal on a cheap Lake Carmel Three Bedroom Apartment rental is at The Hamlet at Carmel and starts from $1,922.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.