Bedroom count
Property type
Last updated on July 21, 2026
Average rent in
Carmel, IN
Average rent in
Last updated on July 21, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Carmel, IN rent slipped 3.0% year over year, with a current median of $2,133/month. Renters today are paying $186 less per month on average than last year, despite a 1.4% month-over-month increase in July 2026.
Compared to national trends
Carmel runs 9.7% more expensive than the $1,945/month national median, placing it in the higher price tier among smaller metros with 60 total rentals available.
Price ranges
Studios in Carmel rent for about $1,009/month, 1-bedrooms around $1,695/month, and 2-bedrooms near $2,221/month, with 3-bedrooms at $2,536/month and 4+ bedrooms at $3,200/month.
Neighborhood spotlight
Studio rents in Carmel fell 28.7% year over year, a decline that contrasts with the overall citywide rent slip of 3.0%. This segment shows a distinct softening compared to broader market trends.
Median rent
Median rent in Carmel
$2,133/mo
3%vs previous year
The average rent in Carmel is $2,133 per month as of July 2026. This is 10% above the national average rent, or $188 more per month.
average price per square foot
Total rentals
Available rentals in Carmel
60
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Carmel rentals at each price point
Rent trends in Carmel, IN
Average rent prices in Carmel have increased by 1% over the last month and have decreased by 3% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Carmel, IN
Rent prices in Carmel vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Carmel is $1,822, whereas a house costs $2,750. 1-bedroom apartments in Carmel run $1,695 on average, while 2-bedroom apartments are $2,231.
Listings | ||||
|---|---|---|---|---|
Studio | $1,009 |  4% | 20% | |
1 bedroom | $1,695 | 2% | 4% | |
2 bedroom | $2,221 | 6% | 1% | |
3 bedroom | $2,535 | 1% | 2% | |
4 bedroom | $3,200 | 4% | 16% |
Listings | ||
|---|---|---|
Brookshire | $1,989 | |
Haverstick | $1,620 | |
Mohawk Crossing | $2,640 | |
Plum Creek | $1,974 | |
Prairie View | $1,900 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,822 | 3% | No Change | |
Condos | $1,997 | 10% | 2% | |
Houses | $2,750 | 3% | No Change | |
Rooms | $466 | - | - |
Studio
Average rent
$1,009
Last 30 days
4%
Last year
20%
1 bedroom
Average rent
$1,695
Last 30 days
2%
Last year
4%
2 bedroom
Average rent
$2,221
Last 30 days
6%
Last year
1%
3 bedroom
Average rent
$2,535
Last 30 days
1%
Last year
2%
4 bedroom
Average rent
$3,200
Last 30 days
4%
Last year
16%
Haverstick
Average rent
$1,620
Brookshire
Average rent
$1,989
Plum Creek
Average rent
$1,974
Mohawk Crossing
Average rent
$2,640
Prairie View
Average rent
$1,900
Apartments
Average rent
$1,822
Last 30 days
3%
Condos
Average rent
$1,997
Last 30 days
10%
Last year
2%
Houses
Average rent
$2,750
Last 30 days
3%
Rooms
Average rent
$466
The table above reflects average rent prices in Carmel, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Carmel, IN compare to other cities?
Compare median rent prices in Carmel and Avon by all bedroom counts and property types.
Carmel
10%higher than the national median
8%higher than the national median
Takeaway
The median rent for all rentals in Carmel, IN is 1% higher than the median rent in Avon, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,105
12%$1,250
8%$1,787
3%$2,000
7%$1,700
16%$1,777
17%$1,375
2%$1,232
1%$2,060
8%$1,595
1%$1,062
11%$1,961
2%Discover rentals in Carmel, IN
5d+ ago
House for rent in Carmel
209 Lark Dr, Carmel, IN 46032
2 beds
1 bath
$950
House for rent
5d+ ago
Apartment for rent in Carmel
2 beds
1 bath
$1,295
Apartment for rent
Available Jul 8
5d+ ago
Apartment for rent in Carmel
2 beds
1 bath
$1,395
Apartment for rent
Available Jul 10
2d ago
2223 E 151st St, Carmel, IN 46033
2–3 beds
1–3 baths
$1,416–$2,632
Apartment for rent
5d+ ago
House for rent in Carmel
235 3rd Ave Ne #NA, Carmel, IN 46032
5 beds
4 baths
$6,500
House for rent
Available Sep 1
5d+ ago
Townhouse for rent in Carmel
2068 Broughton St, Carmel, IN 46032
3 beds
3.5 baths
$3,950
House for rent
5d+ ago
Townhouse for rent in Carmel
12735 Edgemont Way, Carmel, IN 46032
3 beds
3.5 baths
$3,350
House for rent
1d ago
13111 Old Meridian St, Carmel, IN 46032
Studio–3 beds
1–2 baths
$1,583–$3,327
Apartment for rent
4h ago
Verified
1225 Veterans Way, Carmel, IN 46032
1–2 beds
1–2 baths
$1,624–$2,715
Apartment for rent
4h ago
Verified
4 beds
3 baths
$3,010
$2,270
Price drop
House for rent
Available Aug 17
21h ago
Verified
4 beds
2.5 baths
$2,930
$2,745
Price drop
House for rent
Available Jul 7
11h ago
11325 Springmill Rd, Carmel, IN 46032
1–3 beds
1–2 baths
$1,599–$2,903
Apartment for rent
5d+ ago
Verified
3 beds
1.5 baths
$1,880
House for rent
Available Jul 17
4h ago
Verified
1225 Veterans Way, Carmel, IN 46032
1–2 beds
1–2 baths
$1,624–$2,715
Apartment for rent
21h ago
Verified
4 beds
2.5 baths
$2,930
$2,745
Price drop
House for rent
Available Jul 7
2d ago
2223 E 151st St, Carmel, IN 46033
2–3 beds
1–3 baths
$1,416–$2,632
Apartment for rent
4h ago
Verified
4 beds
3 baths
$3,010
$2,270
Price drop
House for rent
Available Aug 17
21h ago
Verified
4 beds
2.5 baths
$2,930
$2,745
Price drop
House for rent
Available Jul 7
5d+ ago
Verified
3 beds
1.5 baths
$1,880
House for rent
Available Jul 17
11h ago
11325 Springmill Rd, Carmel, IN 46032
1–3 beds
1–2 baths
$1,599–$2,903
Apartment for rent
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Frequently asked questions for Carmel, IN
Quick answers to common questions about the Carmel rental market.
How much is rent in Carmel?
The average rent in Carmel is $2,133 per month as of July 18, 2026.
Is rent up or down in Carmel?
Average rent prices in Carmel have increased by 1% over the last month and have decreased by 3% since last year.
How does Carmel rent compare to the national average?
Rent in Carmel is 10% above the national average, which means renters are paying approximately $188 more per month.
Which neighborhoods are most affordable in Carmel?
The most affordable neighborhoods in Carmel are Haverstick ($1,620/mo), Prairie View ($1,900/mo), and Plum Creek ($1,974/mo).
What salary do I need to afford rent in Carmel?
To comfortably afford rent in Carmel, you'd need to earn approximately $85,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Carmel?
Based on Zumper's July 2026 data, one-bedroom apartments in Carmel average around $1,610/month and two-bedrooms approximately $2,030/month.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).