Bedroom count
Property type
Last updated on September 4, 2026
Average rent in
Carmel, IN
Average rent in
Last updated on September 4, 2026
Bedroom count
Property type
Key takeaways for renters
Where Carmel rent stands today
Carmel, IN rent slipped 5.1% year over year, with a current median of $2,103/month. Renters today are paying $190 less per month on average than last year, while month-to-month rent is essentially flat.
Compared to national trends
Carmel runs 10.1% more expensive than the $1,910/month national median, placing it in the higher tier of markets with 54 total rentals available.
Price ranges
Studios in Carmel rent for about $1,009/month, 1-bedrooms around $1,650/month, and 2-bedrooms at $2,193/month, with 3-bedrooms at $2,500/month and 4+ bedrooms reaching $2,948/month. These figures reflect the range renters encounter across bedroom sizes.
Median rent
Median rent in Carmel
$2,103/mo
5%vs previous year
The average rent in Carmel is $2,103 per month as of August 2026. This is 10% above the national average rent, or $193 more per month.
average price per square foot
Total rentals
Available rentals in Carmel
54
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Carmel rentals at each price point
Rent trends in Carmel, IN
Average rent prices in Carmel have remained the same over the last month and have decreased by 5% 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 $1,820, whereas a house costs $2,545. 1-bedroom apartments in Carmel run $1,650 on average, while 2-bedroom apartments are $2,222.
Listings | ||||
|---|---|---|---|---|
Studio | $1,009 | 2% | 21% | |
1 bedroom | $1,650 | 1% |  5% | |
2 bedroom | $2,193 | No Change | 8% | |
3 bedroom | $2,500 | No Change | 4% | |
4 bedroom | $2,947 | 6% | 21% |
Listings | ||
|---|---|---|
Brookshire | $1,885 | |
Haverstick | $1,740 | |
Mohawk Crossing | $1,940 | |
Plum Creek | $2,312 | |
Prairie View | $1,900 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,820 | 1% | No Change | |
Condos | $2,025 | 5% | No Change | |
Houses | $2,545 | 4% | No Change | |
Rooms | $466 | - | - |
Studio
Average rent
$1,009
Last 30 days
2%
Last year
21%
1 bedroom
Average rent
$1,650
Last 30 days
1%
Last year
5%
2 bedroom
Average rent
$2,193
Last 30 days
No Change
Last year
8%
3 bedroom
Average rent
$2,500
Last 30 days
No Change
Last year
4%
4 bedroom
Average rent
$2,947
Last 30 days
6%
Last year
21%
Brookshire
Average rent
$1,885
Haverstick
Average rent
$1,740
Mohawk Crossing
Average rent
$1,940
Plum Creek
Average rent
$2,312
Prairie View
Average rent
$1,900
Apartments
Average rent
$1,820
Last 30 days
1%
Condos
Average rent
$2,025
Last 30 days
5%
Houses
Average rent
$2,545
Last 30 days
4%
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
9%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
$2,087
6%$1,272
8%$1,793
1%$2,130
10%$1,995
1%$1,650
7%$1,380
$1,345
8%$2,168
6%$1,740
2%$1,138
10%$2,000
5%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
12h ago
2223 E 151st St, Carmel, IN 46033
1–3 beds
1–3 baths
$1,213–$2,512
Price drop
Apartment for rent
5d+ ago
Apartment for rent in Carmel
2 beds
1 bath
$1,250
Apartment for rent
Available Jul 8
15h ago
110 Bryn Mawr Ln, Carmel, IN 46032
2 beds
1–2 baths
$1,499–$2,099
Apartment for rent
5d+ ago
House for rent in Carmel
235 3rd Ave Ne #NA, Carmel, IN 46032
5 beds
4 baths
$5,850
House for rent
Available Sep 1
5d+ ago
Apartment for rent in Carmel
4 beds
4.5 baths
$3,850
Apartment for rent
5d+ ago
Townhouse for rent in Carmel
11581 Fulham St, Carmel, IN 46032
3 beds
2.5 baths
$3,300
House for rent
10h ago
13111 Old Meridian St, Carmel, IN 46032
Studio–3 beds
1–2 baths
$1,393–$3,283
Apartment for rent
4h ago
Verified
1225 Veterans Way, Carmel, IN 46032
1–2 beds
1–2 baths
$1,399–$2,212
Apartment for rent
2h ago
591 Monon Blvd, Carmel, IN 46032
Studio–3 beds
1–2 baths
$1,360–$2,680
Apartment for rent
4h ago
1155 S Rangeline Rd, Carmel, IN 46032
1 bed
1 bath
$1,400–$1,642
Apartment for rent
10h ago
13111 Old Meridian St, Carmel, IN 46032
Studio–3 beds
1–2 baths
$1,393–$3,283
Apartment for rent
5d+ ago
Verified
4 beds
2.5 baths
$3,150
House for rent
Available Oct 18
4h ago
Verified
1225 Veterans Way, Carmel, IN 46032
1–2 beds
1–2 baths
$1,399–$2,212
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$2,750
House for rent
Available Oct 14
15h ago
881 3rd Ave Sw, Carmel, IN 46032
Studio–2 beds
1–2 baths
$1,399–$2,229
Apartment for rent
10h ago
13111 Old Meridian St, Carmel, IN 46032
Studio–3 beds
1–2 baths
$1,393–$3,283
Apartment for rent
12h ago
2223 E 151st St, Carmel, IN 46033
1–3 beds
1–3 baths
$1,213–$2,512
Price drop
Apartment for rent
1d ago
12415 Pennsylvania St, Carmel, IN 46032
1–2 beds
1–2 baths
$1,498–$2,377
Apartment for rent
1d ago
11325 Springmill Rd, Carmel, IN 46032
1–3 beds
1–2 baths
$1,669–$2,923
Apartment for rent
Stay up to date with rental market insights
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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 $2,103 per month as of August 29, 2026.
Is rent up or down in Carmel?
Average rent prices in Carmel have remained the same over the last month and have decreased by 5% 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 $193 more per month.
Which neighborhoods are most affordable in Carmel?
The most affordable neighborhoods in Carmel are Haverstick ($1,740/mo), Brookshire ($1,885/mo), and Prairie View ($1,900/mo).
What salary do I need to afford rent in Carmel?
To comfortably afford rent in Carmel, you'd need to earn approximately $84,000/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 our July 2026 rent data, February offers the lowest rents in Carmel while June sees the highest, with approximately a 4.7% difference between these months. October also experiences less overall demand compared to the competitive May market.
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).