
New Apartments for Rent in Carmel, IN Under $1,500 (23 Rentals)


Signature at Carmel

Avant

Sunrise on the Monon

The Olivia
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lavina

Vista at Riverwest

Nook Nine

River Place Flats

Nickel Plate Station

Aria Apartments of Zionsville

Quarry at River North
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Flats at Spring Mill Station

The Edge

Flats at Switch

Farmhouse at Lantern Commons

Millstone of Noblesville

The Flats at Fishers Marketplace

Notch at Nora
Carmel - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Preserve at Willow Springs

Slate Run Lofts
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 | $1,351 | $800 | $6,201 |
Carmel 1 Bedroom Apartments | $1,543 | $415 | $3,331 |
Carmel 2 Bedroom Apartments | $1,987 | $1,008 | $5,000 |
Carmel 3 Bedroom Apartments | $2,369 | $1,159 | $7,405 |
Carmel 4 Bedroom Apartments | $2,532 | $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.
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 New Carmel Apartments
What is the Cheapest New apartment in Carmel?
Currently the most affordable New Apartment in Carmel is at Millstone of Noblesville listed at $1,240.
How much is the average rent for a New Carmel Apartment?
The average rent for a New Apartment in Carmel is $2,312.
What is the largest New Carmel Apartment for rent?
Today's New apartment with the most square footage in Carmel is a 2,300 square feet unit starting from $1,248 at Quarry at River North.
What is the average size for Carmel New Apartments for rent?
The average size for a New rental in Carmel is currently at 665 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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.