
Cheap Apartments for Rent in Carmel, IN from $400 with Swimming Pool (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Carmel.


Woodland Springs Apartment Homes

Wentworth at WestClay

Alexandria of Carmel Apartments

Lakes of Carmel

Providence at Old Meridian

Carlton Apartments

Pickwick Farms Apartments

Reflections Apartments

Grove on Harcourt

River Road Apartments

Avia Lofts at Founders Road

Scandia Apartments

TGM Autumn Woods

Lakeshore Reserve Off 86th Apartments and Townhomes

The Manning Apartment Homes

Oak Lake at Crooked Creek

The Lodge at Trails Edge

Summerwood on Towne Line Apartments

The Villages of Bent Tree Apartments

Parkside at Castleton Square Apartments and Townhomes

The Retreat Northwest

Riverbend Apartments

Lakeshore Apartments

River Crossing

The Elliott at College Park Apartment Homes

Sunblest Apartments

Metropolitan Fishers

Sunlake Apartments

Woods of Britton

River Ridge

Nickel Plate Station

Flats at Spring Mill Station

Nook Nine

Millstone of Noblesville

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 | $1,374 | $819 | $5,694 |
Carmel 1 Bedroom Apartments | $1,568 | $446 | $4,534 |
Carmel 2 Bedroom Apartments | $1,978 | $1,008 | $5,000 |
Carmel 3 Bedroom Apartments | $2,451 | $1,302 | $7,489 |
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 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 $425 at 3712 Oil Creek Dr.
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 $1,015 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 Northwood on the Trail and starts from $1,455.
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.