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Last updated September 21 2019 at 10:46 AM

285 Apartments for rent in Carmel, IN

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Last updated September 21 at 10:22am
Village of Westclay
1 Unit Available
12926 University Crescent
12926 University Cres, Carmel, IN
1 Bedroom
$985
766 sqft
Outstanding condo in sought after Village of West Clay neighborhood. Tenant has full use of all neighborhood amenities, including pool, tennis, workout center, walking/jogging trails, lakes and beautiful common areas.
Last updated September 21 at 10:22am
Danbury Estates
1 Unit Available
14579 Dublin Drive
14579 Dublin Drive, Carmel, IN
3 Bedrooms
$1,700
1744 sqft
Take a look at this wonderful Carmel home in the desired Danbury Estates. This 3 bedroom, 2 1/2 bath home is located on a secluded lot that backs to the Monon Trail.
Last updated September 21 at 10:22am
1 Unit Available
12901 Grand Boulevard
12901 Grand Blvd, Carmel, IN
3 Bedrooms
$3,350
2337 sqft
Light and bright open concept Town home located within walking distance to multiple Restaurants, and only minutes from Downtown Carmel.
Last updated September 21 at 10:22am
Haverstick
1 Unit Available
5803 Annandale Drive
5803 Annandale Drive, Carmel, IN
4 Bedrooms
$1,900
2324 sqft
Established East Carmel neighborhood close to elementary, middle and Carmel high school. Freshly painted interior and exterior with newer carpet. Open concept kitchen to the family room with a kitchen island and plenty of storage space.
Last updated September 21 at 10:22am
Traditions on The Monon
1 Unit Available
74 Monon Lane
74 Monon Ln, Carmel, IN
3 Bedrooms
$2,100
2329 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 74 Monon Lane in Carmel. View photos, descriptions and more!
Last updated September 21 at 10:22am
1 Unit Available
73 Florence Street
73 Florence Street, Carmel, IN
2 Bedrooms
$1,525
1357 sqft
GORGEOUS 2 Bed + Bonus room condo! Located in the heart of the Carmel Art and Design district on the Monon Trail. Full baths on each room upstairs plus spacious walk-in closets.
Last updated September 21 at 10:22am
Carmel Village
1 Unit Available
841 Hickory Drive
841 Hickory Drive, Carmel, IN
4 Bedrooms
$2,350
1728 sqft
This amazing home located in Carmel Village is just perfect. With 4 bedrooms, 2 full and 2 half baths there is plenty of room for you and your family to spread out and have lots of privacy here.
Last updated September 21 at 10:22am
Village of Westclay
1 Unit Available
12640 Apsley Ln
12640 Apsley Lane, Carmel, IN
4 Bedrooms
$3,200
3104 sqft
Upgraded Custom Home in heart of Village of West Clay. Gourmet Kitchen with stainless steel appliances, tile back splash, center island with breakfast bar, hardwood floor, Pantry. Breakfast Room out to screened Porch overlooking private Patio.
Last updated September 21 at 10:22am
Hayden Run
1 Unit Available
12758 TUSCANY Boulevard
12758 Tuscany Boulevard, Carmel, IN
4 Bedrooms
$2,400
3763 sqft
Beautiful well maintained ranch home awaiting for a wonderful family! House has open concept floor plan in highly sought after Hayden Run neighborhood. The home consists of hardwood floors throughout the main level.
Last updated September 21 at 10:22am
1 Unit Available
9950 Spring Mill Road
9950 Spring Mill Road, Carmel, IN
5 Bedrooms
$12,000
7875 sqft
Have you ever wanted to live in an elegant, historic estate? Now is your chance to lease a stunning 5 Bedroom, 4.5 Bathroom Tudor Estate.
Last updated September 21 at 10:22am
Lakeside Park
1 Unit Available
13942 Four Seasons Way
13942 Four Seasons Way, Carmel, IN
4 Bedrooms
$2,850
3746 sqft
Immaculate home available for rent now in West carmel in Lakeside Park !! Home features 4 beds w/ 3 full baths. Main level features office and formal dining areas. Family room, w/ soaring ceilings, wood burning fireplace, & lg windows.
Last updated September 21 at 10:22am
Wilson Village
1 Unit Available
365 Winding Way
365 Winding Way, Carmel, IN
4 Bedrooms
$1,650
2288 sqft
Great 4 bedroom tri-level within the Carmel Clay Schools! Home has an updated kitchen and tons of extra living space! The family room has a vaulted ceiling and fireplace. The fenced-in back yard includes a deck and plenty of space for entertaining.
Last updated September 21 at 10:22am
Hayden Run
1 Unit Available
13004 Tuscany Boulevard
13004 Tuscany Boulevard, Carmel, IN
4 Bedrooms
$2,950
5393 sqft
Immaculate move in ready Home available for rent in West Carmel!!Home features 4 bedrooms with 3 full baths and 3 car side load garage, custom deck with pond view & finished basement with full bath! Two story family room is accented by walls of
Last updated September 21 at 10:22am
Woodacre West
1 Unit Available
59 Rogers Road
59 Rogers Rd, Carmel, IN
2 Bedrooms
$1,450
1336 sqft
Wonderful opportunity in the heart of Carmel! Charming 2 bedroom, 2 bath home in spotless condition. Vaulted ceiling in great room with 2-sided fireplace between the great room and dining area.
Last updated September 21 at 10:22am
Lincolnshire
1 Unit Available
14370 Murphy Circle E
14370 Murphy Circle East, Carmel, IN
5 Bedrooms
$2,800
5315 sqft
Welcome to this beautiful­­­­­ly maintained 5 bdrm 5bth rental home that will not disappoint. The grand entry is perfect for welcoming guests. Creating laughter & conversations that last a lifetime will be easy in the dining area.
Last updated September 21 at 10:22am
Village of Westclay
1 Unit Available
2022 Finchley Road
2022 Finchley Road, Carmel, IN
5 Bedrooms
$4,900
7862 sqft
Relax and entertain in this stunning custom built 5 bed., 6.5 bath home in Village of West Clay. Gorgeous hardwood floors, molding, trim & built-ins throughout.
Last updated September 21 at 10:22am
The Retreat Condominiums
1 Unit Available
1136 SHADOW RIDGE Road
1136 Shadow Ridge Road, Carmel, IN
2 Bedrooms
$1,375
1329 sqft
GREAT CARMEL RENTAL IN POPULAR RETREAT NEIGHBORHOOD! GREAT LOCATION. WALK OR BIKE TO THE MONON! LARGE UNIT, TWO BEDROOMS - SPLIT BEDROOM PLAN. TWO BATHROOMS. WILL BE FRESHLY PAINTED WITH NEW FLOORING. ONE CAR ATTACHED GARAGE.
Last updated September 21 at 10:22am
Briarstone
1 Unit Available
5040 Surrey Lane
5040 Surrey Lane, Carmel, IN
5 Bedrooms
$1,900
3460 sqft
Fantastic home! Large great room with floor to ceiling brick fireplace! Spacious kitchen features built-in oven, desk, breakfast bar island, and large pantry. 5th BR/office on the main floor. Lovely coffered ceiling.
Last updated September 21 at 10:22am
Avian Glen
1 Unit Available
14125 Warbler Way N
14125 Warbler Way North, Carmel, IN
4 Bedrooms
$2,500
3760 sqft
Home available for Rent at Great location IN Carmel . Available August 1st !!Home features 4 Bedroom with 3 Baths with loft with finished basement and 3 car attached garage. Main level features formal living and dining room.
Last updated September 21 at 10:22am
Village of Westclay
1 Unit Available
2053 Rhettsbury Street
2053 Rhettsbury Street, Carmel, IN
3 Bedrooms
$2,700
2118 sqft
3 beds / 2.5 bath cottage in the Village of West Clay. Open floor plan with double sided gas fireplace, built-ins and hardwood floors. Gourmet Kitchen with stainless steel appliances, large pantry and breakfast bar.
Last updated September 21 at 10:22am
Haverstick
1 Unit Available
5806 Tanager Lane
5806 Tanager Lane, Carmel, IN
4 Bedrooms
$2,200
2470 sqft
Exceptional home in East Carmel. Majestic 2 story entry with formal living room and dining room. Kitchen with center island and large eat-in area that leads out to deck. Family room off of kitchen with fireplace.
Last updated September 21 at 10:22am
1 Unit Available
457 Sheets Drive
457 Sheets Drive, Carmel, IN
2 Bedrooms
$1,600
1844 sqft
Well-appointed Townhome in the heart of Carmel. Soaring 2 story entry. Open concept. 3 levels. Spacious Kitchen w/ Stainless Steel appliances & Center island. Charming Family Room w/ fireplace & ceiling fan. Classy living room & dining room.
Last updated September 21 at 10:22am
The Lakes at Hayden Run
1 Unit Available
13271 Lorenzo Boulevard
13271 Lorenzo Boulevard, Carmel, IN
4 Bedrooms
$2,450
4928 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 13271 Lorenzo Boulevard in Carmel. View photos, descriptions and more!
Last updated September 21 at 10:22am
Plum Creek
1 Unit Available
13114 Dunwoody Lane
13114 Dunwoody Lane, Carmel, IN
4 Bedrooms
$1,800
3164 sqft
Over 3,000 square feet of living space plus a walk-out basement for privacy access. Kitchen with general appliances included. Laminated flooring through out the main level living space.

Average Rent in Carmel

Last updated Aug. 2019
The average rent for a 1 bedroom apartment in Carmel is $1,008, while the average rent for a 2 bedroom apartment is $1,248.
Studio
$868
1 Bed
$1,008
2 Beds
$1,248
3+ Beds
$1,673
City GuideCarmel
Ever feel like you're going around in circles? With eighty roundabouts in town, Carmel is the unofficial U.S. capital of traffic circles.

Carmel, Indiana, is an artistic, bicycle-friendly, white collar town just north of Indianapolis. With a population of just over 79,000, this mid-sized city has been selected not once but twice in recent years as the Best Place to Live in America by CNN Money Magazine. With a growing Arts and Design District and mixed use retail and residential properties in City Center, Carmel is an appealing city.

Having trouble with Craigslist Carmel? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Living in Carmel

Feeling Arty?

If youre a fan of artistic endeavor, or an artist yourself, youll feel right at home in Carmel. Just a short drive from the urban mecca of Indianapolis, Carmel is a destination in its own right with its Art and Design District and City Center, its award-winning massive Carmel Clay Public Library, and the Hamilton County Convention and Visitors Bureau. The art district area hosts a collection of galleries, cafes, restaurants, and boutique shops. Throughout the district, youll find massive and life-like sculptures created by renowned sculptor John Seward Johnson II, who bears the sobriquet "The Normal Rockwell of American Sculpture."

The District hosts several major events. One major draw is the Carmel Artomobilia Collector Car Show, which features a huge display of classic and exotic cars, as well as art works inspired by cars. Every fall, the Carmel International Arts Festival brings together artists, music, and dance from around the world, as well as a childrens activity center with hands-on art.

Education and Industry

The artistic bent of the town is matched by its business community. The town’s Meridian Corridor contains office space for more than forty corporations, including Pearson Education, Delta Faucet, and ITT Tech. With many residents employed within the city, commute times are under thirty minutes city wide.

Award Winner

Along with Carmels selection as the ###1 place to live in the U.S. by CNNs Money Magazine in 2012, the town's Arbor Day program received the International Society of Arboriculture’s Gold Leaf Award. An Engineering Excellent Award issued by the American Council of Engineering Excellence and a Climate Protection Award given by the U.S. Conference of Mayors are just a few of the other citations the city has received. In additions, it’s received the Bronze Level designation by the League of American Bicyclists as a Bicycle Friendly Community.

Farm to Table

One of the largest in Indiana, The Carmel Farmers Market is held from May to October, and is well stocked with locally sourced produce and meats.Small cafes and eclectic restaurants dominate the food scene, offering a distinctive local outlook on healthy eating.

Fitness First

The Carmel Monon Center keeps you fit even when winter weather puts a chill in the air. An indoor lap pool, a play pool with indoor water slides, and an indoor running track are all a part of this structure in Carmel’s Central Park. Outdoors, a massive outdoor water park includes a lazy river and a childrens pool.And Central Park isnt the only green space in town. The Popular Flowing Well Park has its own natural artesian well - drink up!

Find some peace and tranquility at the Japanese Garden, dedicated to the 15th anniversary of Carmel’s relationship with its sister city, Kawachinagano, Japan. Enjoy a cup of green tea in the pretty tea gazebo.

The Monon Trail bicycle trail runs straight through Carmel to the neighboring community of Sheriden. Shaded and scenic, the towns bike trails are well used, even in the wintertime.

Carmel City Center

The heart of the city is a new mixed use development project where the Center for the Performing Arts, restaurants, apartment complexes, restaurants, retail shops and corporations are positioned side by side. Looking for a vibrant, artistic community? Then start here. You may also want to start your rental search here, if youre looking for a dynamic, all-in-one residence, with easy access to shopping, entertainment, and housing all in one spot. The performing arts center houses a theater and concert stage, and features national and touring acts as well as community-based theatrical performances.

Nearby youll find the heart of Old Town Carmel in the Arts and Design District with its specialty shows, galleries, and designers. You’ll love the architecture, and the feeling of walkability here.

Clay Terrace retail center offers great shopping from national chains and specialty retail shops, including Whole Foods and Dicks Sporting Goods.

Rental Tips for Moving to Carmel

Allow plenty of time for your apartment search in Carmel. As the eighth largest Indiana community, it is very popular. You’ll find three bedroom homes for rent, and apartment homes of all types, but you’ll have to look for them.

A white collar town with appeal to families and singles alike, this is a well educated community with many occupants working in sales, management, and the arts.If you like a location with well defined spring, summer, fall and winter seasons, Carmel will appeal; with social activities and local sports teams, Carmel is a good place to stay a while.

Neighborhoods in Carmel

Northwood Hills: Suburban-feeling with medium-sized homes and town homes mostly built between 1970 and the present. A preponderance of couples with college degrees reside here in this community. Many residents have ethnic roots in Germany and Asia.

N Meridian St / W Main St: Suburban and middle income, here youll find modern properties ranging from apartment complexes and high rises to single family homes. Your apartment search will turn up a number of alternatives here. The residents range from families to singles, and this community is known for being welcoming to senior citizens. It’s an excellent retirement community, with walkable neighborhoods. Residents work in management, sales and service, and tech support occupations.

Orchard Park / Chesterton: Small apartment complexes and medium-sized three bedroom homes for rent dominate this community. Some of the homes here are more historic than in other Carmel communities, with older buildings dating from 1940 onward. Sales, professional jobs, and manufacturing occupations are all found in this community. You’ll find many residents with German, Irish, and Asian ancestry here.

Home Crest/Echo Crest: A mix of residential offerings from apartments to homes, with some properties dating from 1940, and others more modern, make up this community. While the community holds a mix of workers in all professions, some 20% work in food service positions.

September 2019 Carmel Rent Report

Welcome to the September 2019 Carmel Rent Report. Carmel rents increased 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 Rent Report

September 2019 Carmel Rent Report

Welcome to the September 2019 Carmel Rent Report. Carmel rents increased 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 increase sharply over the past month

Carmel rents have increased 1.0% over the past month, and have increased moderately by 2.1% in comparison to the same time last year. Currently, median rents in Carmel stand at $1,008 for a one-bedroom apartment and $1,248 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Carmel's year-over-year rent growth leads the state average of 1.4%, as well as the national average of 1.5%.

    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, all of them have seen prices rise. The state as a whole logged rent growth of 1.4% 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 $1,248; of the 10 largest Indiana cities that we have data for, all have seen rents rise year-over-year, with Carmel experiencing the fastest growth (+2.1%).
    • Fishers, Indianapolis, and South Bend have all experienced year-over-year growth above the state average (1.8%, 1.8%, and 1.7%, respectively).

    Carmel rents more affordable than many large cities nationwide

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

    • Carmel's median two-bedroom rent of $1,248 is above the national average of $1,191. Nationwide, rents have grown by 1.5% over the past year compared to the 2.1% increase in Carmel.
    • While Carmel's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.7%), Dallas (+2.0%), and New York (+1.7%).
    • Renters will find more reasonable prices in Carmel than most large cities. For example, San Francisco has a median 2BR rent of $3,133, 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
    $700
    $870
    0
    1.8%
    Carmel
    $1,010
    $1,250
    1%
    2.1%
    Fishers
    $980
    $1,220
    -0.1%
    1.8%
    Noblesville
    $860
    $1,060
    -0.7%
    4.6%
    Greenwood
    $760
    $940
    0.8%
    4.1%
    Plainfield
    $810
    $1,010
    0.2%
    4.3%
    Brownsburg
    $760
    $950
    -0.4%
    -0.1%
    Beech Grove
    $630
    $780
    -2.3%
    1.2%
    Zionsville
    $1,290
    $1,590
    -0.2%
    1.9%
    See More

    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.

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