Average Rent in Carmel, IN
13 apartment buildings, 20 units. Real asking prices, refreshed daily.
Avg Rent
$1,660/mo
Cheapest
$995/mo
Properties
13
Units
20
Analysis
Rent Price Breakdown
Compare pricing across all 13 properties in Carmel, IN.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Carmel, IN Rent Prices
All 13 properties ranked by lowest available rent.
Red Door Property Management
3815 River Crossing Pkwy #100, Indianapolis, IN 46240, USA
Mezz 42
881 3rd Ave SW, Carmel, IN 46032, USA
Avant Apartments
12890 Old Meridian St, Carmel, IN 46032, USA
Alexandria of Carmel Apartments
1411 Fairfax Manor Dr, Carmel, IN 46032, USA
Redwood Noblesville Webster Drive
4940 Webster Dr, Noblesville, IN 46062, USA
Chelsea Village Apartments
9280 Chelsea Village Dr, Indianapolis, IN 46260, USA
Gene B Glick Company
8801 River Crossing Blvd #200, Indianapolis, IN 46240, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Red Door Property Management 3815 River Crossing Pkwy #100, Indianapolis, IN 46240, USA | $995 | $1,590 | $1.03 | 4.5 (458) | 14 |
| 2 | Mezz 42 881 3rd Ave SW, Carmel, IN 46032, USA | $1,425 | $1,674 | $1.59 | 4 (46) | 3 |
| 3 | Avant Apartments 12890 Old Meridian St, Carmel, IN 46032, USA | $1,537 | $1,537 | -- | 4.3 (275) | 1 |
| 4 | Alexandria of Carmel Apartments 1411 Fairfax Manor Dr, Carmel, IN 46032, USA | $1,861 | $1,861 | -- | 4.3 (375) | 1 |
| 5 | Redwood Noblesville Webster Drive 4940 Webster Dr, Noblesville, IN 46062, USA | $2,519 | $2,519 | -- | 4.8 (150) | 1 |
| 6 | Chelsea Village Apartments 9280 Chelsea Village Dr, Indianapolis, IN 46260, USA | -- | -- | -- | 4 (89) | 0 |
| 7 | Gene B Glick Company 8801 River Crossing Blvd #200, Indianapolis, IN 46240, USA | -- | -- | -- | 3.5 (229) | 0 |
Explore Each Property
Red Door Property Management
4.5 (458)3815 River Crossing Pkwy #100, Indianapolis, IN 46240, USA
Mezz 42
4 (46)881 3rd Ave SW, Carmel, IN 46032, USA
Avant Apartments
4.3 (275)12890 Old Meridian St, Carmel, IN 46032, USA
Alexandria of Carmel Apartments
4.3 (375)1411 Fairfax Manor Dr, Carmel, IN 46032, USA
Redwood Noblesville Webster Drive
4.8 (150)4940 Webster Dr, Noblesville, IN 46062, USA
Chelsea Village Apartments
4 (89)9280 Chelsea Village Dr, Indianapolis, IN 46260, USA
Carmel, IN Average Rent Prices 2026
The average rent in Carmel, IN is $1,660 per month, based on 20 units across 13 apartment communities. Prices range from $995 at Red Door Property Management to $2,519 at Redwood Noblesville Webster Drive.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,377/mo | $995/mo | 4 |
| 2 Bed | $1,715/mo | $1,075/mo | 8 |
| 3 Bed | $1,539/mo | $1,195/mo | 6 |
| 4 Bed | $2,373/mo | $1,595/mo | 2 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
What salary do I need to live comfortably in Carmel, IN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$66,000/year
30 percent rule -- using our average rent of $1,660/mo.
Comfortable income
$80,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($995/mo), you need to earn at least $40,000/year.
Cost of living in Carmel, IN
We only have live rent data for Carmel, IN so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,660 |
| Estimated total | $1,660/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Compare
Nearby cities in Indiana
How Carmel, IN rent compares to other markets in the state.
| City | Avg Rent | vs Carmel, IN | Properties |
|---|---|---|---|
| Fishers, IN | $1,486 | -10% | 13 |
| South Bend, IN | $1,632 | -2% | 10 |
| Bloomington, IN | $1,853 | +12% | 8 |
| Indianapolis, IN | $2,002 | +21% | 7 |
| Fort Wayne, IN | $1,152 | -31% | 7 |
| Evansville, IN | $997 | -40% | 5 |
Frequently asked questions
What is the average rent in Carmel, IN?
The average rent in Carmel, IN is $1,660 per month, based on 20 units across 13 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Carmel, IN?
The lowest available rent in Carmel, IN starts at $995 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Carmel, IN?
1-bedroom apartments in Carmel, IN average $1,377/mo. The lowest listed 1-bedroom starts at $995/mo across 4 units tracked.
How much is a 2-bedroom apartment in Carmel, IN?
2-bedroom apartments in Carmel, IN average $1,715/mo. Units start from $1,075/mo across 8 units currently listed.
Rent Trends in Carmel, IN
Track how apartment prices are changing over time.
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