Carmel, IN rental market

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Last updated September 25, 2025

Rental market summary

The average rent for all bedrooms and all property types in Carmel, IN is $2,355.

Average rent

$2,355

Month-over-month change

+$55

Year-over-year change

-$44

Available rentals

155

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,000 to $6,000.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,0003
$1,1003
$1,2002
$1,3008
$1,4006
$1,5009
$1,6005
$1,7008
$1,8007
$1,90011
$2,0008
$2,10010
$2,20017
$2,30010
$2,40013
$2,50015
$2,6009
$2,7006
$2,80015
$2,9007
$3,0004
$3,1006
$3,2006
$3,3002
$3,4005
$3,5003
$3,6002
$3,7002
$3,8001
$3,9003
$4,0002
$4,7001
$5,000+3

Average rent price over time

In the last year, rent has decreased by $44 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,495$2,400
Feb$2,550$2,300
Mar$2,510$2,400
Apr$2,500$2,370
May$2,530$2,400
Jun$2,500$2,400
Jul$2,499$2,445
Aug$2,463$2,500
Sep$2,450$2,400
Oct$2,295No data
Nov$2,200No data
Dec$2,295No 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.

warm

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.

$2,355

$2,050

Rent in Carmel, IN

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Frequently asked questions

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

The average rent in Carmel, IN is $2,355.

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

Houses in Carmel, IN rent between $1,000 - $6,000 with an average rent of $2,355.

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

In the last year, the rent in Carmel, IN decreased by $44

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

In the last month, the rent in Carmel, IN increased by $55

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

There are currently 155 rentals available in Carmel, IN.

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

The average rent in Carmel, IN is $2,355 — 14.88% higher the national average of $2,050.