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Apartments for Rent in Carmel IN

2,833 Rentals Available

Explore Rent Prices Near Carmel, IN

Carmel, IN’s average rent price is $1,714 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Westfield $1,443
Fishers $1,492
Indianapolis $1,289
Noblesville $1,562
Whitestown $1,490

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Carmel, IN Apartments for Rent

Just north of Indianapolis, Carmel is easy to navigate with US-31 (Meridian), Keystone Parkway, and fast links to I-465. The Monon Trail cuts through town, connecting the Arts & Design District, Midtown Plaza, and Carmel City Center, where the Palladium hosts concerts and touring shows. You'll find apartments for rent in Carmel near cafes, galleries, and parks—think apartments near the Monon Trail or rentals close to the Palladium at the Center for the Performing Arts.

Top spots for renters: Arts & Design District (walkable Main Street and Rangeline Road, galleries, Museum of Miniature Houses); Midtown Carmel (plaza seating, games, local breweries, right on the trail); City Center (mixed-use development steps from the Palladium and events on Carter Green); Old Meridian District (newer communities with quick access to US-31 and shopping); Village of WestClay (village center, pocket parks, west-side convenience); Clay Terrace/North Carmel (outdoor shopping and dining with a straight shot to US-31); Home Place/South Carmel (fastest access to I-465 and Keystone Crossing); East Carmel near Hazel Dell and Brookshire (tree-lined streets, Flowing Well Park, easy hop to Keystone Parkway). Weekends fill up with Central Park and the Monon Community Center's waterpark, Coxhall Gardens, the Japanese Garden at City Hall, and shopping at Clay Terrace or nearby The Fashion Mall at Keystone. Commutes run about 20-30 minutes to downtown Indianapolis and even shorter to job hubs along the Meridian Corridor.

Learn more about living in Carmel, IN

Carmel, IN Rental Insights

The average rent in Carmel, IN is $1,511 per month. By comparison, renters across the U.S. pay an average of $1,626, which means housing in Carmel, IN is slightly less expensive than much of the country.

Find affordable apartments for rent in Carmel, IN by browsing listings in budget-friendly neighborhoods such as Thornhurst, Eden Park, and Village Farms. Use filters by price, number of bedrooms, and amenities to narrow your search.

You can find flexible rentals in Carmel, IN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.

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