All Filters
Price
Beds

Select two tiles for min/max range

Baths
Home Type
Home Styles
Specialty Housing

Housing Type

Additional Specialties

Pet Policy
Move-In Date
Popular Amenities
Square Feet
to

Rating
Show Only
Keyword

Searching for student living options?

Select your school and find the perfect place nearby or on-campus.

All Universities
Pricing Type
Amenities
Clear
Nearby
Nearby

Cheap Apartments for Rent in Carmel IN - 2,638 Rentals

Carmel, IN Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments and affordable rent in Carmel. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Carmel hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Carmel, IN

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Carmel that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Carmel, IN Cheapest?

If you want to find cheap rent in Carmel, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Carmel tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Carmel, IN Rental Insights

Average Rent Rates

What is the average rent in Carmel, IN?

The average monthly rent in Carmel, IN is around $1,474.

Where can I find cheap apartments in Carmel, IN?

Apartments in Carmel, IN rent for around $1,474 but there are plenty of rentals to be found for $1,443 throughout the city.

How many cheap rentals are available in Carmel, IN on Apartments.com?

With over 72 affordable apartments on Apartments.com, you’re sure to find an Carmel, IN apartment at the right price.

What is the average rent for a studio in Carmel, IN?

You can expect to pay roughly $1,443 per month for a studio in Carmel, IN.

How expensive is a one-bedroom apartment in Carmel, IN?

The average one bedroom in Carmel, IN rents for $1,474 per month.

How expensive is a two-bedroom apartment in Carmel, IN?

Two-bedroom apartments in Carmel, IN rent for $1,751 per month.

Helpful Rental Guides for Carmel, IN

Cities with the Highest and Lowest Rent Prices for Your Summer Move
Cities with the Highest and Lowest Rent Prices for Your Summer Move
Best Indoor Plants for Apartments
Best Indoor Plants for Apartments
Lease Renewal vs. Lease Extension
Lease Renewal vs. Lease Extension
When to Contact Apartment Maintenance
When to Contact Apartment Maintenance
Explore More on the Rentverse

Search Nearby Rentals

Apartment Rentals Near Carmel

Neighborhood Apartment Rentals

House Rentals Near Carmel

New Rental Listings

Map Options
Map View
Default
Satellite
Nearby Point of Interests
Travel Time
Travel Time

Set a destination, transportation method, and your ideal commute time to see results.

*Please enter your address or point of interest