Apartments in Spring Mill Carmel

1 - 12 of 12 Results
18
$1,190 - 1,269
8905 Evergreen Ave Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
10
$1,560 - 2,920
11325 Springmill Rd Carmel, IN
1 - 3 BR | Available Now
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Cat Friendly
Luxury
Surface Parking
Fitness Center
8
$1,600
10520 N Delaware St Indianapolis, IN
3 BR | May. 24, 2024
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Cat Friendly
House
Disability Access
Dishwasher
16
$1,495
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
32
$2,395
11794 Harvard Ln Carmel, IN
3 BR | Available Now
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House
Dishwasher
36
$1,506 - 2,699
12415 N Pennsylvania St Carmel, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
44
$774 - 1,155
1130 Racquet Club N Dr Indianapolis, IN
1 - 3 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Fitness Center
Storage
91
3D Tour
$887 - 1,985
1540 Handball Lane Indianapolis, IN
Studio - 3 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
26
$1,557 - 2,448
1111 W. Main Street Carmel, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
12
3D Tour
$449 - 819
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
30
$1,847 - 2,242
1661 Sierra Springs Indianapolis, IN
2 - 3 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
Fitness Center
4
$1,950
373 Atherton Dr Carmel, IN
2 BR | Ask for Availability
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Air Conditioning
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Carmel:
May Rent Report

Welcome to the May 2024 Carmel Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Carmel rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Carmel and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Carmel average rent prices in the chart below.

Monthly Rent Report

$2,300
$1,730
$1,150
$580
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Carmel Rent Prices Increase From April to May

Carmel rent prices increased over the last month. From April to May, the city experienced a 3.54% increase for the price of a one-bedroom apartment. The rent price for a Carmel one-bedroom apartments currently stands at $1,609.0.

When we take a look at the two-bedroom comparison from April to May, Carmel experienced a 10.91% increase for the price of a two-bedroom apartment. The rent price for a Carmel two-bedroom apartments currently stands at $2,206.0.

May Prices: Carmel vs. Surrounding Areas

Rent Prices in Carmel and Surrounding Areas

Rent prices have increased in Carmel over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Carmel suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Carmel suburbs

  • Rents did not decrease in any of the Carmel suburbs.

May 2024 Pricing Trends: Carmel vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Carmel Rent Prices More Affordable Than Major Cities

Rent growth in Carmel over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Carmel average rent prices appear to be relatively affordable for local residents.

The price for a Carmel one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Carmel and surrounding area rent prices, take a look at the complete data set below.

Data set for Carmel and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.