3712 Oil Creek Dr
IndianapolisIN46268
1 Bedroom Apartments for Rent in Carmel, IN Under $500 (1 Rental)
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.
Showing Results 1-1, Page 1 of 1
Carmel, IN Local Guide
Carmel, Indiana art and design district. by Wiki User: Tysto is licensed under Internal
How much does it cost to rent an apartment in Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carmel Studio Apartments | $1,317 | $800 | $5,493 |
| Carmel 1 Bedroom Apartments | $1,550 | $415 | $4,054 |
| Carmel 2 Bedroom Apartments | $1,967 | $999 | $8,820 |
| Carmel 3 Bedroom Apartments | $2,344 | $1,159 | $8,454 |
| Carmel 4 Bedroom Apartments | $2,486 | $1,745 | $3,200 |
Explore Carmel
Carmel, IN Local Guide
- Carmel Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Let everyone know!
Do you know the Carmel area?
If you’re an expert on all things Carmel, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Getting Around Carmel, IN
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 1 Bedroom Carmel Apartments
What is the Cheapest apartment in Carmel with 1 Bedroom?
Currently the most affordable 1 Bedroom in Carmel is at River Road Apartments listed at $860.
How much is the average rent for a 1 Bedroom Carmel Apartment?
The average rent for a 1 Bedroom Apartment in Carmel is $1,550.
What is the largest available 1 Bedroom Carmel Apartment for rent?
Today's apartment with the most square footage in Carmel is a 1,203 square feet unit starting from $2,089 at VER at Proscenium Apartments.
What is the average size for Carmel 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Carmel is currently 861 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.