Average Rent in Carmel, IN and Rent Price Trends

Rent trends in Carmel, IN

Average rent prices in Carmel have decreased by 3% 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 $1,730, whereas a house costs $2,850. 1-bedroom apartments in Carmel run $1,649 on average, while 2-bedroom apartments are $2,099.


Studio	$1,450	No Change	1%
1 bedroom	$1,649	No Change	7%
2 bedroom	$2,067	4%	3%
3 bedroom	$2,640	3%	No Change
4 bedroom	$3,450	8%	14%

		Listings
Brookshire	$1,750
Haverstick	$2,250
Mohawk Crossing	$2,199
Plum Creek	$1,820
Prairie View	$1,900


Apartments	$1,730	1%	No Change
Condos	$1,995	33%	-
Houses	$2,850	12%	No Change
Rooms	$466	-	-

Studio

Average rent

$1,450

Last 30 days

No Change

Last year

1 bedroom

Average rent

$1,649

Last 30 days

No Change

Last year

2 bedroom

Average rent

$2,067

Last 30 days

Last year

3 bedroom

Average rent

$2,640

Last 30 days

Last year

No Change

4 bedroom

Average rent

$3,450

Last 30 days

Last year

14%

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

Median rent price$2,070

higher than the national median

Median rent price$1,999

higher than the national median

Takeaway

The median rent for all rentals in Carmel, IN is 4% higher than the median rent in Avon, IN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,999

$1,260

$1,950

$1,995

$1,651

$1,662

$1,399

$1,232

$2,100

$1,745

$1,329

$1,974

Discover rentals in Carmel, IN

5d+ ago

House for rent in Carmel

Single Family Residence, Multi-level - Carmel, IN

209 Lark Dr, Carmel, IN 46032

2 beds

1 bath

$950

House for rent

Carmel Landing Apartment Homes - Photo 1 of 1

3h ago

8.8

Very good

Carmel Landing Apartment Homes

2223 E 151st St, Carmel, IN 46033

1–3 beds

1–3 baths

$1,230–$2,623

Apartment for rent

1d ago

8.3

Very good

Park Lane Apartments

110 Bryn Mawr Ln, Carmel, IN 46032

1–3 beds

1–2 baths

$1,349–$2,199

Apartment for rent

1d ago

Townhouse for rent in Carmel

$1,995 - 3 Bedroom 2.5 Bathroom Townhouse In Carmel With Great Amenities

10604 Central Ave #A, Carmel, IN 46280

3 beds

2.5 baths

$1,995

House for rent

Available Jun 8

5d+ ago

Verified

505 Vista Dr, Carmel, IN 46280

3 beds

1.5 baths

$2,040

House for rent

Available Jul 14

5d+ ago

Townhouse for rent in Carmel

Stunning Carmel Property

10727 N Park Ave, Carmel, IN 46280

3 beds

2 baths

$2,149

House for rent

5d+ ago

House for rent in Carmel

Single Family Residence, Ranch - Carmel, IN

10735 Vali Dr, Carmel, IN 46280

3 beds

2 baths

$2,250

House for rent

1d ago

Haverstick house for rent in Carmel

Beautifully Updated Carmel Ranch in Haverstick – Walk to Prairie Trace!

5896 Hollow Oak Trl, Carmel, IN 46033

3 beds

2 baths

$2,275

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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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 $2,070 per month as of June 4, 2026.

Is rent up or down in Carmel?

Average rent prices in Carmel have decreased by 3% 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 6% above the national average, which means renters are paying approximately $120 more per month.

Which neighborhoods are most affordable in Carmel?

The most affordable neighborhoods in Carmel are Brookshire ($1,750/mo), Plum Creek ($1,820/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 $83,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Carmel?

Carmel's 2025 rental market shows one-bedroom apartments averaging around $1,600 per month, while two-bedroom units average around $2,000 monthly. Both apartment types have experienced increases from the previous year, with one-bedrooms rising 4.2% and two-bedrooms increasing 2.7%.

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).