
Cheap Apartments for Rent with Specials in Carmel, IN from $400 (23 Rentals)
Apartments in Carmel with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
Search the lowest-cost Apartments available for rent right now in Carmel.


Alexandria of Carmel Apartments

Muse Carmel

Carmel Landing Apartment Homes

Lakes of Carmel

Carmel Center

The Retreat Northwest

River Road Apartments

The Towers at Crooked Creek Senior Housing

Avia Lofts at Founders Road

Riverbend Apartments

College Courts

Scandia Apartments

Lakeshore Reserve Off 86th Apartments and Townhomes

TGM Autumn Woods

Parkside at Castleton Square Apartments and Townhomes

Flats at Switch

Slate Run Lofts and Apartments

River Crossing

River Ridge

Castle Creek Apartments

Notch at Nora

Crooked Creek
Carmel, IN Local Guide

How much does it cost to rent an apartment in Carmel?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Carmel Studio Apartments | $1,330 | $750 | $3,915 |
Carmel 1 Bedroom Apartments | $1,574 | $446 | $4,596 |
Carmel 2 Bedroom Apartments | $1,977 | $1,015 | $5,000 |
Carmel 3 Bedroom Apartments | $2,451 | $1,271 | $5,392 |
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.
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 The Hub at Nora listed at $800.
How much is rent for a Cheap One Bedroom Carmel Apartment?
The lowest price for a Cheap One Bedroom Carmel Apartment is $763 at The Retreat Northwest.
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 $1,040 at Carlton Apartments.
What is the most affordable Carmel Three Bedroom Apartment?
The best deal on a cheap Carmel Three Bedroom Apartment rental is at The Eclipse and starts from $1,425.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
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.

What to Know About Fees and Fines When Renting
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.