Signature at Carmel
13111 Old Meridian St,
Carmel, IN 46032
$1,390 - $3,095 | Studio - 3 Beds
Downtown Carmel
Carmel, IN
Downtown Carmel - Carmel, IN
Area Guide
A distinctively charming downtown district in the Hoosier State
Suburban
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Shopping
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Eateries
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Convenient
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Surrounded by open green space, residential streets, and plentiful suburban amenities, Downtown Carmel is a pristine downtown district in the state of Indiana. The charming storefronts along Main Street house restaurants, bars, cafes, art galleries, and boutique shops. And if that weren’t enough to lure you in, there are various shopping and dining centers spread throughout the neighborhood!
Convenience stores, supermarkets, retailers and more are just a few of the perks of living in Downtown Carmel. Residents appreciate having almost everything they need without having to leave town! This family-friendly neighborhood offers public schools in Carmel Clay Schools, a well-ranked district.
Catch a concert, ballet, or play at the Center for the Performing Arts, a grand entertainment venue in Downtown Carmel, or check out one of the many unique, locally-owned shops around the neighborhood!
Rent Trends
As of July 2025, the average apartment rent in Downtown Carmel is $1,382 for a studio, $1,488 for one bedroom, $1,879 for two bedrooms, and $2,319 for three bedrooms. Apartment rent in Downtown Carmel has increased by 1.1% in the past year.
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Studio
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636 sq ft
Average Sq Ft
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$1,382/month
Average Rent
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1 BR
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783 sq ft
Average Sq Ft
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$1,488/month
Average Rent
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2 BR
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1,135 sq ft
Average Sq Ft
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$1,879/month
Average Rent
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3 BR
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1,507 sq ft
Average Sq Ft
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$2,319/month
Average Rent
Transportation
69
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
75
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Cool Creek Park & Nature Center
- Monon Trail
- Coxhall Gardens
- Town Run Trail Park
- Wapihani Nature Preserve
Commuter Rail
Airports
- Indianapolis International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.