selected.
of neighborhoods selected. We’ll search anywhere in .
Start your Carmel apartment search!
Select how many bedrooms you want.
S
Studio
1
Bed
2
Beds
3+
Beds
What are you looking to pay?
Where are you looking to move?
Please enter a location.
Where do you work or go to school?
We'll show you how far the commute is
to the places you go to the most.
Please enter a location or skip.
I want to live within
How do you get there?
I drive (without traffic)
I drive (in traffic)
I ride public transit
I bike
What do you prefer?
On-site laundry
In-unit laundry
Washer/dryer connections
What about parking?
Garage
Parking
What other features do you want?
Hardwood Floors
Dishwasher
Air Conditioning
Patio/Balcony
Pool
Gym
What pets do you have?
Dog
Cat
I care most about
Getting all my features
Staying in the location I want
Having the cheapest price
Don’t worry, this won’t remove any matches
About when would you like to move in?
1
I’m just looking
2
I want to move, but I’m not in a hurry
3
I need to move, but can be a little flexible
4
I’ve gotta move!
What lease length are you looking to sign?
Are you signing a lease with anyone else?
A cosigner
Roommates, partner, etc.
Me, myself, and I
What's your monthly household income, before taxes?
Be sure to include the total income from all adults.
(We use this to save you time & help you find rents you will qualify for.)
Great! Your income qualifies you for the rent you chose.
So you know, apartments typically require your monthly income to be 2-3x the rent. Exact income requirements may vary, so always double-check with the apartment.
Apartments require 2-3x the rent in monthly income
Your monthly income only qualifies for a max rent of . Do you want to change your max rent?
Yes
Yes. Set my max rent to
No
No, I'll stick with
Did you know apartments require 2-3x the rent in monthly income?
Depending on your exact income you may not qualify for all apartments up to $500.
Have you been evicted?
No
I've never been evicted
Yes
I've been evicted
How did you hear about Apartment List?
Please select all that apply.
Facebook
Postcard / Snail Mail
Billboard
Friend or Family
Radio / Streaming Audio
Google
TV / Streaming Video
Other
Let’s find that perfect home
We’ll get started finding you the best out there. But first, let’s learn a little more about you.
Renters love us!
We’re rated 4.5 out of 5 because renters have so much success finding places they love.
Oops! Please enter an email.
Welcome to Apartment List
Looks like you've been here before. Welcome back.
Please log in to use this email.
Invalid email or password.
We've sent a password reset email with instructions to
You can close this window
Make your results better
Personalize your results by telling us what you think of your first three matches.
Get pre-qualified for top apartments
Apartments typically require your monthly income to be 2-3x the rent. Based on what you’d like to pay, you should make around or more.
Yes
I make about per month
No
I want to adjust my rent

204 Houses for rent in Carmel, IN

Last updated November 16 at 9:17pm UTC
12820 University Crescent #2C
Village of Westclay
Carmel, IN
Updated November 15 at 12:00pm UTC
3 Bedrooms
$1,399
5861 Lost Oaks Dr.
Haverstick
Carmel, IN
Updated November 15 at 11:57am UTC
4 Bedrooms
$2,100
13502 Flintridge Pass
Haverstick
Carmel, IN
Updated November 15 at 11:54am UTC
4 Bedrooms
$2,299
14174 Brandt Lane
Trails at Hayden Run
Carmel, IN
Updated October 30 at 11:51pm UTC
6 Bedrooms
$3,000
6962 Riverside Way
River Ridge
Fishers, IN
Updated November 16 at 9:17pm UTC
4 Bedrooms
$3,450
8835 Rosewood
Nora - Far Northside
Indianapolis, IN
Updated November 15 at 11:55am UTC
4 Bedrooms
$1,700
6036 South Bay Dr
Indianapolis
Indianapolis, IN
Updated November 15 at 11:53am UTC
2 Bedrooms
$1,095
5723 Castor Way
Noble West
Noblesville, IN
Updated November 14 at 9:19am UTC
3 Bedrooms
$1,400
918 West Auman Drive
Carmel
Carmel, IN
Updated November 12 at 11:03pm UTC
3 Bedrooms
$1,300
11430 MCKENZIE Parkway
Guilford Park
Carmel, IN
Updated November 10 at 9:52am UTC
4 Bedrooms
$1,850
14558 Cherry Ridge Road
Ashmore Trace
Carmel, IN
Updated November 7 at 9:36pm UTC
4 Bedrooms
$1,750
14240 Langham Drive
Trails at Hayden Run
Carmel, IN
Updated November 7 at 9:34pm UTC
4 Bedrooms
$2,400
795 Grace Drive
Hunters Creek South
Carmel, IN
Updated November 7 at 9:34pm UTC
4 Bedrooms
$2,300
13271 Lorenzo Boulevard
The Lakes at Hayden Run
Carmel, IN
Updated November 7 at 9:34pm UTC
4 Bedrooms
$2,450
615 Kinzer Avenue
Concord Village
Carmel, IN
Updated November 7 at 9:34pm UTC
4 Bedrooms
$1,850
14525 Baldwin Lane
Saddle Creek
Carmel, IN
Updated November 6 at 10:18am UTC
4 Bedrooms
$1,995
13044 TARKINGTON COMMONS
Mohawk Crossing
Carmel, IN
Updated November 5 at 2:33pm UTC
4 Bedrooms
$2,770
706 West Auman Drive
Carmel
Carmel, IN
Updated October 31 at 3:01am UTC
3 Bedrooms
$1,395
1337 Hinault Way
Brookstone Park of Carmel
Carmel, IN
Updated October 30 at 11:51pm UTC
4 Bedrooms
$2,200
Results within 1 miles of Carmel, IN
409 Shoemaker Drive
Westpark at Springmill
Carmel, IN
Updated October 29 at 7:10pm UTC
5 Bedrooms
$2,695
1917 West MAIN Street
Village of Westclay
Carmel, IN
Updated October 16 at 6:14am UTC
4 Bedrooms
$3,900
13502 Flintridge Pass
Haverstick
Carmel, IN
Updated October 12 at 7:10am UTC
4 Bedrooms
$2,299
2107 Rhettsbury Street
Village of Westclay
Carmel, IN
Updated October 10 at 10:32am UTC
3 Bedrooms
$2,900
312 E. 91st St.
Nora - Far Northside
Indianapolis, IN
Updated November 15 at 11:56am UTC
3 Bedrooms
$1,195

November 2018 Carmel Rent Report

Welcome to the November 2018 Carmel Rent Report. Carmel rents declined over the past month. In this report, we'll evaluate trends in the Carmel rental market, including comparisons to cities throughout the state and nation.

View full Carmel Rent Report
Rent Report
Carmel

November 2018 Carmel Rent Report

Welcome to the November 2018 Carmel Rent Report. Carmel rents declined over the past month. In this report, we'll evaluate trends in the Carmel rental market, including comparisons to cities throughout the state and nation.

Carmel rents decline sharply over the past month

Carmel rents have declined 1.3% over the past month, but are up moderately by 2.4% in comparison to the same time last year. Currently, median rents in Carmel stand at $980 for a one-bedroom apartment and $1,210 for a two-bedroom. Carmel's year-over-year rent growth leads the state average of 1.0%, as well as the national average of 1.1%.

Rents rising across cities in Indiana

Throughout the past year, rent increases have been occurring not just in the city of Carmel, but across the entire state. Of the largest 10 cities that we have data for in Indiana, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Carmel is the most expensive of all Indiana's major cities, with a median two-bedroom rent of $1,210; of the 10 largest cities in the state that we have data for, Muncie, where a two-bedroom goes for $720, is the only major city to see rents fall year-over-year (-1.4%).
  • Noblesville, Carmel, and Greenwood have all experienced year-over-year growth above the state average (5.8%, 2.4%, and 1.8%, respectively).

Carmel rents more affordable than many large cities nationwide

As rents have increased moderately in Carmel, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Carmel is still more affordable than most large cities across the country.

  • Carmel's median two-bedroom rent of $1,210 is slightly above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 2.4% rise in Carmel.
  • While Carmel's rents rose moderately over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Carmel than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than two-and-a-half times the price in Carmel.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Indianapolis $690 $860 0.0% 1.1%
Carmel $980 $1,210 -1.3% 2.4%
Fishers $970 $1,200 0.2% 1.0%
Noblesville $820 $1,020 0.9% 5.8%
Greenwood $730 $900 -0.5% 1.8%
Plainfield $770 $960 -1.1% 0.6%
Zionsville $1,230 $1,520 -0.8% 2.3%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.