1-Bedroom Apartment Rent in Carmel, IN
Median asking rent for a 1-bedroom apartment in Carmel, Indiana as of August 2026. That's +17% lower than the citywide median of $1,832 and +9% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Carmel
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Carmel
Compare Carmel's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | La Porte | $689 |
| 2 | Crawfordsville | $701 |
| 3 | Richmond | $720 |
| 4 | New Castle | $730 |
| 5 | Angola | $740 |
| 6 | Marion | $740 |
| 7 | East Chicago | $770 |
| 8 | Kokomo | $790 |
| 9 | Muncie | $800 |
| 10 | Terre Haute | $810 |
| 11 | Evansville | $835 |
| 12 | Michigan City | $840 |
| 13 | Warsaw | $860 |
| 14 | Anderson | $868 |
| 15 | Elkhart | $870 |
Most expensive cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,600 |
| 2 | Whitestown | $1,530 |
| 3 | Carmel (this page) | $1,527 |
| 4 | McCordsville | $1,390 |
| 5 | Lawrence | $1,385 |
| 6 | Avon | $1,370 |
| 7 | Westfield | $1,350 |
| 8 | Fishers | $1,343 |
| 9 | Granger | $1,310 |
| 10 | Brownsburg | $1,290 |
| 11 | Noblesville | $1,210 |
| 12 | Sellersburg | $1,200 |
| 13 | Munster | $1,190 |
| 14 | Merrillville | $1,190 |
| 15 | Plainfield | $1,180 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Carmel.
| City | Distance | 1-Bedroom rent | vs Carmel |
|---|---|---|---|
| Westfield, IN | 6 mi | $1,350 | $-177 (-12%) |
| Zionsville, IN | 10.7 mi | $1,600 | +$73 (+5%) |
| Lawrence, IN | 11 mi | $1,385 | $-142 (-9%) |
| Indianapolis, IN | 11.7 mi | $1,159 | $-368 (-24%) |
| Noblesville, IN | 12.3 mi | $1,210 | $-317 (-21%) |
| Fishers, IN | 13.6 mi | $1,343 | $-184 (-12%) |
| Speedway, IN | 14.2 mi | $1,040 | $-487 (-32%) |
| Sheridan, IN | 14.2 mi | $1,040 | $-487 (-32%) |
| Whitestown, IN | 14.5 mi | $1,530 | +$3 (0%) |
| McCordsville, IN | 16.5 mi | $1,390 | $-137 (-9%) |
| Beech Grove, IN | 16.9 mi | $1,040 | $-487 (-32%) |
| Brownsburg, IN | 18.6 mi | $1,290 | $-237 (-16%) |
1-Bedroom rent in Carmel — common questions
How much is a 1-bedroom apartment in Carmel?
As of August 2026, the median 1-bedroom apartment rent in Carmel, Indiana is $1,527 per month. This is +17% below the citywide median of $1,832.
What income do you need to afford a 1-bedroom in Carmel?
Using the standard 30% rent-to-income rule, you would need an annual income of about $61,080 ($5,090/month gross), which works out to roughly $29.37/hour at a full-time job.
Is Carmel expensive for a 1-bedroom compared to the rest of the US?
Carmel's 1-bedroom median of $1,527 is +9% above the national 1-bedroom median of $1,395. It ranks in the 59th percentile of US cities tracked.
How does Carmel rank for 1-bedroom rent in Indiana?
Among the 62 cities in Indiana with 1-bedroom data, Carmel ranks #60 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Carmel?
Yes — nearby cities with cheaper 1-bedroom rents include Westfield ($1,350), Lawrence ($1,385), Indianapolis ($1,159).