Updated 5 Hours Ago
Highlights
Pet Friendly
Location
331 1st Ave Nw #5, Carmel, IN 46032, USA
Tour 331 1st Ave Nw #5
Contact
Red Door Property Management
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Amenities for 331 1st Ave Nw #5
Apartment Amenities
| Air Conditioning | Balcony |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Fitness Center | Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Swimming Pool |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 331 1st Ave Nw #5
Welcome to 331 1st Ave NW - Unit 5. Experience the absolute best of downtown Carmel living. Located just moments away from the highly desirable Carmel Arts & Design District and the scenic Monon Trail, this unit offers unparalleled convenience. Whether you want to enjoy local boutique shopping, fantastic dining or outdoor recreation, you are right in the center of it all. Home Features & Upgrades. Appliances Included: The kitchen is fully equipped with a refrigerator, range/oven, microwave and dishwasher to make cooking and cleanup a breeze. Heating & Cooling: Enjoy year-round comfort with central air conditioning and forced-air heating. Laundry: For your convenience, this unit features an in-unit washer and dryer. Recent Updates: This unit boasts a refreshed interior with updated flooring and a fresh, neutral paint palette, providing a clean and welcoming atmosphere. Outdoor Living & Parking. Parking: Residents have access to designated off-street driveway parking, with additional street parking available for guests. Outdoor Spaces: Step outside to enjoy a shared outdoor patio area, perfect for relaxing after a long day. Amenities: While the building itself does not feature a private gym or pool, you are within walking distance of downtown Carmel's premier parks, community centers and extensive trail networks. Lease Details & Policies. Utilities: The tenant is fully responsible for all utilities at this property, including water, electricity, gas and trash collection. Skip the hassle of calling multiple utility companies. All applicable utilities remain in Red Door Property Management's name, which means you enjoy no utility credit checks, no hefty utility deposits and the convenience of paying all your utility bills through one simple portal. The required fees for this service are a $25 one-time activation fee, a $15 monthly service fee and a $25 one-time deactivation fee. Pet Policy: We love your furry friends. In accordance with our mandatory pet policy, we allow a maximum of 2 pets at this property. Some photos have been virtually staged to highlight the home's potential. Please note- In addition to the monthly rent, a Resident Benefits Package fee of $45/ month will be applied. This includes your renter's insurance, liability insurance, HVAC filter delivery and much more. Pet Friendly. Provided by rentalsource com
Lease Terms
Lease term: 12 months.Address details
| Zip code | 46032 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Carmel
2-bedroom apartments at 331 1st Ave Nw #5 cost about 43% less than the average rent price for 2-bedroom apartments in Carmel.
Median rents as of Oct 3 2026.
Carmel
| Month | Median Rent |
|---|---|
| October 2024 | $1,877 |
| November 2024 | $1,904 |
| December 2024 | $1,987 |
| January 2025 | $1,959 |
| February 2025 | $1,996 |
| March 2025 | $2,025 |
| April 2025 | $2,040 |
| May 2025 | $2,020 |
| June 2025 | $2,093 |
| July 2025 | $2,140 |
| August 2025 | $2,108 |
| September 2025 | $2,052 |
| October 2025 | $2,021 |
| November 2025 | $1,988 |
| December 2025 | $1,862 |
| January 2026 | $1,914 |
| February 2026 | $1,968 |
| March 2026 | $2,002 |
| April 2026 | $2,046 |
| May 2026 | $2,078 |
| June 2026 | $2,108 |
| July 2026 | $2,228 |
| August 2026 | $2,222 |
| September 2026 | $2,228 |
| October 2026 | $2,253 |
Affordability calculator
Can I afford to live at 331 1st Ave Nw #5?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
Schools near 331 1st Ave Nw #5
Carmel Elementary School
101 s richland ave
carmel, IN, 46032
K-5Public
A
Clay Center Elementary School
12025 clay center rd
carmel, IN, 46032
PK, K-5Public
A+
Clearwater Elementary School
3575 e 79th st
indianapolis, IN, 46240
K-5Public
A-
Indiana School for the Blind and Visually Impaired
7725 n college ave
indianapolis, IN, 46240
PK, K-12Public
C-
Willow Lake Elementary School
7535 harcourt rd
indianapolis, IN, 46260
K-5Public
C+
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Internet available near 331 1st Ave Nw #5
Getting around Carmel near 331 1st Ave Nw #5
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 331 1st Ave Nw #5, Carmel
Groceries
6/10
Variety of groceries within a short drive
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 331 1st Ave Nw #5
BJ's Wholesale Club
14400 Lowes Way
Whole Foods Market
14598 Clay Terrace Blvd
Kroger
1217 S Rangeline Rd
ALDI
14620 Greyhound Plz
Meijer
1424 W Carmel Dr
Bella Bridesmaids
241 N Rangeline Rd
Ankawa Fine Jewelry
110 W Main St
Your Tees
25 W Main St
Blue House Bridal
31 S Rangeline Rd
Aronstam Fine Jewelers
200 S Rangeline Rd
1832 Brew Espresso Bar
111 W Main St
Helen Coffee Shop
211 W Main St
Indie Coffee Roasters
220 E Main St
Coffee With Catherine LLC
759 Greenford Trl N
Java House
425 E Main St
Old Town Tavern
29 W Main St
Muldoon's Irish Pub
111 W Main St
Muldoon's of Carmel
111 W Main St
3Up Rooftop Lounge
201 W Main St
Wine & Rind
254 Veterans Way
The Olive Mill Stores
10 S Rangeline Rd
Joe's Butcher Shop & Fish
111 W Main St
Helen Coffee Shop
211 W Main St
Main Street Treats Inc
328 W Main St
Simple Taste Gluten Free Bakery and Caf
921 N Rangeline Rd
Dog Park
Midtown Plaza Carmel
Meadowlark Park
Reading Tree Park
Carmel Chinese Garden
Tina's Traditional Old English Kitchen
30 N Rangeline Rd
Monterey Coastal Cuisine
110 W Main St
Pad Thai
110 W Main St
TOUS les JOURS
110 W Main St
Rita's Italian Ice & Frozen Custard
110 W Main St
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