Cheap Apartments for Rent in Carmel, IN from $400(50 Rentals)

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Twin Lakes Apartments
from $9901 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
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Highpointe on Meridian Apartments
Rent Specials
from $1,1021 to 3 Bedroom Apartments Available Now

Highpointe on Meridian

13415 Highpointe BlvdCarmel, IN 46032
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Hampshire Court Apartments
from $5871 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Carlyle Court Apartments
from $7521 Bedroom Apartments Available Mar 20, 2025

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
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Turtle Creek Apartments
from $817Studio to 2 Bedroom Apartments Available Now

Turtle Creek

8253 Harcourt RdIndianapolis, IN 46260
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Crestwood Village North Apartments
from $832Studio to 2 Bedroom Apartments

Crestwood Village North

9225 Garrison DrIndianapolis, IN 46240
Senior Living
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Grove on 79th Apartments
from $9001 to 3 Bedroom Apartments Available Now

Grove on 79th

2000 W 79th StIndianapolis, IN 46260
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Slate Run Lofts Apartments
Rent Specials
from $934Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
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Greystone of Noblesville Apartments
from $1,0371 to 3 Bedroom Apartments

Greystone of Noblesville

7160 Oxfordshire BlvdNoblesville, IN 46062
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Northwood on the Trail Apartments
from $1,0371 to 3 Bedroom Apartments Available Now

Northwood on the Trail

8921 Compton StIndianapolis, IN 46240
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Northview Apartments
from $1,0991 to 2 Bedroom Apartments Available Now

Northview

8607 Cholla RdIndianapolis, IN 46240
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9000 Westfield Apartments
from $1,1552 to 3 Bedroom Apartments

9000 Westfield Apartments

9000 Westfield BlvdIndianapolis, IN 46240
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Carmel, IN Local Guide

Cheapest Neighborhoods for Apartments in Carmel, IN

Pricing Updated: 12/23/2024

Current apartment rentals in the Carmel, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Carmel Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Carmel$2,089$990388

Cheapest Available Carmel Apartments for Rent

 

The cheapest available apartment rental in Carmel, IN is a 1 Bed unit found at Carlton Apartments in the Spring Arbor neighborhood priced from $760. Turtle Creek in the Spring Arbor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $817. Here is today’s list of the most affordable Carmel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carlton ApartmentsVilla1BR,1BA$760
Turtle CreekStudio 3rdStudio,1BA$817
River Road ApartmentsHideaway1BR,1BA$835
Reflections ApartmentsReplicaStudio,1BA$859
The Hub at NoraTwo Bedroom One Bath - 819 Sq Ft2BR,1BA$865
Grove on Harcourt1 Bed 1.5 Bath Apartment1BR,1BA$900
Grove on 79th1 Bed 1 Bath Apartment1BR,1BA$900
Pickwick Farms ApartmentsStudioStudio,1BA$905
The Towers at Crooked Creek Senior Housing1BD1BR,1BA$912
Avia Lofts at Founders RoadStudioStudio,1BA$924

Best Value Apartments for Rent in Carmel, IN

As of December 23, 2024 the best value apartment in the Carmel area is the $1.23 price per square foot 7176C1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,699. The second greatest value Carmel apartment is the Discovery Model at Casey Corner Townhomes starting at $2,395 with a $1.35 price per square foot in the Countryside/Richter`s Corner neighborhood. Here is today’s list of the best values for Carmel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176C13BR,2BA$1.23
Casey Corner TownhomesDiscovery3BR,2.5BA$1.35
10770 Central Ave, Unit 1077010770 Central Ave3BR,2BA$1.26
Ivy Knoll Apartments2Bd/2Ba Up W/D2BR,2BA$1.09
North Willow2 Bed/1 Bath-Dn2BR,1BA$1.27
Sunblest Apartments2C-Orchard2BR,1BA$1.33
Grove on Harcourt1 Bed 1.5 Bath Apartment w/Den - Renovated1BR,1.5BA$1.26
Woods of BrittonCedar1BR,1BA$1.35
The Retreat Northwest2 Bedroom 2 Bathroom 905 Sq. Ft.2BR,2BA$1.16
Scandia ApartmentsDannenborg1BR,1.5BA$1.30

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Carmel, IN
Population: 93,510

Ranked #348

in US Census Population by City

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Pet Friendly Lifestyle
Carmel, IN

Ranked #2

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Carmel, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Carmel, IN Rentals by Map

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See the most popular apartments and homes in Carmel, IN

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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 Cheap Carmel Apartments

What is the Cheapest Studio apartment in Carmel?

Currently the most affordable Cheap Studio Apartment in Carmel is at Turtle Creek listed at $817.

How much is rent for a Cheap One Bedroom Carmel Apartment?

The lowest price for a Cheap One Bedroom Carmel Apartment is $760 at Carlton Apartments.

What is the lowest price for a Cheap Two Bedroom Carmel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carmel is starting from $865 at The Hub at Nora.

What is the most affordable Carmel Three Bedroom Apartment?

The best deal on a cheap Carmel Three Bedroom Apartment rental is at Grove on Harcourt and starts from $1,200.

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.

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Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Signing Your Apartment Lease: The Basics

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When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.