close
View Me
Cheap Apartments for Rent in the Downtown Carmel Neighborhood of Carmel, IN from $900 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Carmel area of Carmel.
close
View Me
Rent Specials
from $1,141Studio to 3 Bedroom Apartments Available Now
MAIN STREET
60 Knoll CtCarmel, IN 46032
close
View Me
close
View Me
from $1,1991 to 3 Bedroom Apartments Available Feb 28
Woodland Springs Apartment Homes
3008 Warren WayCarmel, IN 46033
close
View Me
Rent Specials
from $1,2041 to 3 Bedroom Apartments Available Now
Alexandria of Carmel Apartments
1411 Fairfax Manor DrCarmel, IN 46032
close
View Me
Rent Specials
from $1,2101 to 3 Bedroom Apartments Available Now
Governor Square Apartments
1825 Jefferson Dr WCarmel, IN 46032
close
View Me
Rent Specials
from $1,2361 to 2 Bedroom Apartments Available Now
Lakes of Carmel
382 Arbor DrCarmel, IN 46032
close
View Me
Rent Specials
from $1,255Studio to 2 Bedroom Apartments Available Now
Muse Carmel
1685 E 116th StCarmel, IN 46032
close
View Me
Rent Specials
from $1,2921 to 3 Bedroom Apartments Available Now
Providence at Old Meridian
300 Providence BlvdCarmel, IN 46032
close
View Me
Rent Specials
from $1,297Studio to 3 Bedroom Apartments Available Now
Avant
12890 Old Meridian StCarmel, IN 46032
close
View Me
Rent Specials
from $1,2991 to 3 Bedroom Apartments Available Now
Carmel Center
675 Beacon StCarmel, IN 46032
close
View Me
from $1,319Studio to 2 Bedroom Apartments Available Now
Overture at Proscenium Apartments
1155 S Rangeline RdCarmel, IN 46032
close
View Me
Rent Specials
from $1,3501 to 3 Bedroom Apartments Available Now
Gramercy
945 Mohawk Hills DrCarmel, IN 46032
close
View Me
Rent Specials
from $1,3541 to 3 Bedroom Apartments Available Now
OLD TOWN ON THE MONON
111 W Main StCarmel, IN 46032
close
View Me
close
View Me
Rent Specials
from $1,465Studio to 2 Bedroom Apartments Available Now
Signature at Carmel
13111 Old Meridian StCarmel, IN 46032
close
View Me
Rent Specials
from $1,4991 to 3 Bedroom Apartments Available Now
The Steadman Apartments of Carmel
11325 Springmill RdCarmel, IN 46032
close
View Me
close
View Me
Rent Specials
from $1,2861 to 3 Bedroom Apartments Available Now
Highpointe on Meridian
13415 Highpointe BlvdCarmel, IN 46032
close
View Me
Rent Specials
from $1,3301 to 2 Bedroom Apartments Available Now
Penn Circle
12415 N Pennsylvania StCarmel, IN 46032
close
View Me
from $1,4901 to 3 Bedroom Apartments
The Residences at Carmel City Center
720 S Rangeline RdCarmel, IN 46032
close
View Me
Showing Results 1-22, Page 1 of 1
Downtown Carmel, 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 Downtown Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Carmel Studio Apartments | $1,450 | $1,141 | $2,386 |
| Downtown Carmel 1 Bedroom Apartments | $1,652 | $990 | $3,123 |
| Downtown Carmel 2 Bedroom Apartments | $2,067 | $1,086 | $3,750 |
| Downtown Carmel 3 Bedroom Apartments | $2,405 | $1,515 | $3,953 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Carmel Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Downtown Carmel, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Carmel Apartments for Rent
The cheapest available apartment rental in the Downtown Carmel area of Carmel, IN is a 2 Beds unit found at Carmel Woods priced from $1,086. MAIN STREET has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,196. Here are the most affordable Downtown Carmel apartments for rent in Carmel, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carmel Woods | THE PALMS | 2BR,1BA | $1,086 |
| MAIN STREET | The Walnut | 1BR,1BA | $1,196 |
| Governor Square Apartments | The Durbin (1.10 A) | 1BR,1BA | $1,200 |
| Muse Carmel | Walker | Studio,1BA | $1,250 |
| The Gallery | DaVinci | 1BR,1BA | $1,259 |
Best Value Apartments for Rent in Downtown Carmel, IN
As of January 08, 2025 the best value apartment in the Downtown Carmel area is the $1.67 price per square foot Carnegie Model at OLD TOWN ON THE MONON in the in the Beacon Point neighborhood starting from $3,254. The second greatest value Downtown Carmel apartment is the Sydney Model at Overture at Proscenium Apartments starting at $2,402 with a $1.85 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Downtown Carmel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| OLD TOWN ON THE MONON | Carnegie | 3BR,2.5BA | $1.67 |
| Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
| Lakes of Carmel | Two Bedroom | 2BR,2BA | $1.35 |
| Park Lane Apartments | 7183B2 2x1.5 Townhome (1056 sqft) | 2BR,1.5BA | $1.70 |
| Carmel Woods | 3.2 Monterey Pine - Renovated | 3BR,2BA | $1.69 |
| Gramercy | Fern (1.10 C) | 1BR,1BA | $1.45 |
| Mezz 42 | 7175A3 (A3 Coda) 1x1 (950 sqft) | 1BR,1BA | $1.72 |
| Governor Square Apartments | The Durbin (1.10 A) | 1BR,1BA | $1.34 |
| Penn Circle | A2 | 1BR,1BA | $1.90 |
| MAIN STREET | The Walnut | 1BR,1BA | $1.84 |
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 Downtown Carmel area?
If you’re an expert on all things Downtown Carmel, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Carmel, Carmel, IN
Ranked #8
Among neighborhoods in Carmel, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Carmel, Carmel, IN
School data provided by Great Schools
Best Local Schools in Downtown Carmel, Carmel, IN
School data provided by Great Schools
Getting Around the Downtown Carmel Neighborhood in Carmel, IN
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
75 / 100
Very Bikeable
Biking is convenient for most trips
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 Downtown Carmel Apartments
What is the Cheapest Studio apartment in Downtown Carmel?
Currently the most affordable Cheap Studio Apartment in Downtown Carmel is at Muse Carmel listed at $1,255.
How much is rent for a Cheap One Bedroom Downtown Carmel Apartment?
The lowest price for a Cheap One Bedroom Downtown Carmel Apartment is $1,123 at Carmel Woods.
What is the lowest price for a Cheap Two Bedroom Downtown Carmel Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Carmel is starting from $1,086 at Carmel Woods.
What is the most affordable Downtown Carmel Three Bedroom Apartment?
The best deal on a cheap Downtown Carmel Three Bedroom Apartment rental is at Gramercy and starts from $1,550.
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.
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.
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.