Carmel, IN rental market

What is the average rent in Carmel, IN?

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Last updated November 6, 2026

Rental market summary

The average rent for all bedrooms and all property types in Carmel, IN is $2,300.

Average rent

$2,300

Month-over-monthMoM change

-$142

Year-over-yearYoY change

$0

Available rentals

147

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $950 to $12,000.

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Rent frequencies
Rent priceNumber of rental properties
$9002
$1,0001
$1,1001
$1,2002
$1,3003
$1,4006
$1,5009
$1,6006
$1,70011
$1,80013
$1,9004
$2,00010
$2,1008
$2,2009
$2,30018
$2,40016
$2,50010
$2,6006
$2,7008
$2,8004
$2,9006
$3,0004
$3,1004
$3,2004
$3,3003
$3,4002
$3,5002
$3,6003
$3,7002
$3,8001
$3,9001
$5,000+5

Average rent price over time

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,400$2,295
Feb$2,300$2,400
Mar$2,400$2,299
Apr$2,370$2,250
May$2,400$2,250
Jun$2,400$2,267
Jul$2,445$2,200
Aug$2,500$2,178
Sep$2,400$2,300
Oct$2,295$2,400
Nov$2,295$2,395
Dec$2,346No data

Market temperature

The Carmel, IN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Carmel, IN is 15% higher than the national average.

Carmel, INvs.
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$2,300

$1,999

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Frequently asked questions

1. What is the average rent in Carmel, IN?

The average rent in Carmel, IN is $2,300.

2. What is the average rent for a studio apartment in Carmel, IN?

The average rent for a studio apartment in Carmel, IN is $1,399 per month.

3. What is the average rent for a one-bedroom apartment in Carmel, IN?

The average rent for a one-bedroom apartment in Carmel, IN is $1,516 per month.

4. What is the average rent for a two-bedroom apartment in Carmel, IN?

The average rent for a two-bedroom apartment in Carmel, IN is $1,895 per month.

5. What is the average rent for a three-bedroom apartment in Carmel, IN?

The average rent for a three-bedroom apartment in Carmel, IN is $2,395 per month.

6. What is the average rent for a four-bedroom apartment in Carmel, IN?

The average rent for a four-bedroom apartment in Carmel, IN is $5,467 per month.

7. How much does it cost to rent a house in Carmel, IN?

Houses in Carmel, IN rent between $950 - $12,000 with an average rent of $2,300.

8. How has the rent in Carmel, IN changed in the last year?

In the last year, the rent in Carmel, IN did not change.

9. How much has the rent in Carmel, IN increased/decreased in the last month?

In the last month, the rent in Carmel, IN decreased by $142

10. How many available rentals are there in Carmel, IN?

There are currently 147 rentals available in Carmel, IN.

11. How do rent prices in Carmel, IN compare with the national average?

The average rent in Carmel, IN is $2,300 — 15.06% higher the national average of $1,999.

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