Carmel, IN rental market
What is the average rent in Carmel, IN?
Last updated June 21, 2026
Rental market summary
The average rent for all bedrooms and all property types in Carmel, IN is $2,200.
Average rent
$2,200
Month-over-month change
-$189
Year-over-year change
-$200
Available rentals
136
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $950 to $15,000.
| Rent price | Number of rental properties |
|---|---|
| $900 | 2 |
| $1,000 | 2 |
| $1,100 | 3 |
| $1,200 | 2 |
| $1,300 | 3 |
| $1,400 | 9 |
| $1,500 | 5 |
| $1,600 | 10 |
| $1,700 | 10 |
| $1,800 | 11 |
| $1,900 | 15 |
| $2,000 | 6 |
| $2,100 | 9 |
| $2,200 | 8 |
| $2,300 | 6 |
| $2,400 | 7 |
| $2,500 | 6 |
| $2,600 | 6 |
| $2,700 | 9 |
| $2,800 | 6 |
| $2,900 | 8 |
| $3,000 | 1 |
| $3,100 | 3 |
| $3,200 | 1 |
| $3,300 | 3 |
| $3,400 | 3 |
| $3,500 | 4 |
| $3,600 | 3 |
| $3,700 | 1 |
| $3,900 | 2 |
| $4,000 | 2 |
| $4,200 | 1 |
| $4,300 | 1 |
| $4,700 | 1 |
| $4,800 | 1 |
| $5,000+ | 6 |
Average rent price over time
In the last year, rent has decreased by $200 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,400 | $2,295 |
| Feb | $2,300 | $2,400 |
| Mar | $2,400 | $2,295 |
| Apr | $2,370 | $2,250 |
| May | $2,400 | $2,250 |
| Jun | $2,400 | $2,274 |
| Jul | $2,445 | No data |
| Aug | $2,500 | No data |
| Sep | $2,400 | No data |
| Oct | $2,295 | No data |
| Nov | $2,295 | No data |
| Dec | $2,346 | No data |
Market temperature
The Carmel, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Carmel, IN is 9% higher than the national average.
$2,200
$2,015
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Frequently asked questions
1. What is the average rent in Carmel, IN?
2. What is the average rent for a studio apartment in Carmel, IN?
3. What is the average rent for a one-bedroom apartment in Carmel, IN?
4. What is the average rent for a two-bedroom apartment in Carmel, IN?
5. What is the average rent for a three-bedroom apartment in Carmel, IN?
6. What is the average rent for a four-bedroom apartment in Carmel, IN?
7. How much does it cost to rent a house in Carmel, IN?
8. How has the rent in Carmel, IN changed in the last year?
9. How much has the rent in Carmel, IN increased/decreased in the last month?
10. How many available rentals are there in Carmel, IN?
11. How do rent prices in Carmel, IN compare with the national average?
Nearby areas
