Property prices for rent in Carmel (Indiana)

The rent prices in real estate in Carmel, in the Indiana region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,485
Average price last 6 months
$1.52
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Carmel has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.25. In June this price barely changed remaining at $1.19 per sq.feet. The price for the following two months in (July, August) had a considerable rise of 133 %. The price per sq.feet has had a considerable rise of 120 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.42 to $1.7 during September, and October.

Average price

When referring to the price in Carmel (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,407. In June This price remains at $1,382. In the following two months the average price has hardly changed with regard to the previous two months from $1,394.5 to $1,459.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,616 they are 32 % more affordable than the average price for Carmel . The properties with the highest average price have 4 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,975.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.81 / sq.feet, with an average $1.15 / sq.feet price in Carmel. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.23 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,616 it is 16 % more affordable than the average price in Carmel. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,810 it is 34 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.96 / sq.feet followed by "House" priced at $0.98 / sq.feet. "Apartment" is the most expensive type of property with a $1.31 / sq.feet value followed by "House" with an average price of $0.98 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Carmel
Number of properties used in region Indiana
$1,616
$1.15
2,256
61,386
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
 Carmel Center Apartments 2 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
 20
Carmel Center Apartments 2 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
$1,390
Carmel, Indiana - For Rent - Apartment - 1,121 sq.feet - 2 bedrooms - 2 bathrooms
Steel appliances! Carmel center apartments and townhomes is located in the heart of carmel city center, one of hamilton county’s most coveted locations for entertainment...
 Carmel Center Apartments 2 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
 20
Carmel Center Apartments 2 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
$1,430
Carmel, Indiana - For Rent - Apartment - 1,167 sq.feet - 2 bedrooms - 2 bathrooms
Steel appliances! Carmel center apartments and townhomes is located in the heart of carmel city center, one of hamilton county’s most coveted locations for entertainment...
 Carmel Center Apartments 1 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
 20
Carmel Center Apartments 1 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
$1,175
Carmel, Indiana - For Rent - Apartment - 866 sq.feet - 1 bedroom - 1 bathroom
Steel appliances! Carmel center apartments and townhomes is located in the heart of carmel city center, one of hamilton county’s most coveted locations for entertainment...
 Carmel Center Apartments 1 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
 20
Carmel Center Apartments 1 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
$1,000
Carmel, Indiana - For Rent - Apartment - 798 sq.feet - 1 bedroom - 1 bathroom
Steel appliances! Carmel center apartments and townhomes is located in the heart of carmel city center, one of hamilton county’s most coveted locations for entertainment...
 Carmel Center Apartments 2 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
 20
Carmel Center Apartments 2 Bedroom Apartment For Rent At 675 Beacon St, Carmel, In 46032
$1,345
Carmel, Indiana - For Rent - Apartment - 1,152 sq.feet - 2 bedrooms - 2 bathrooms
Steel appliances! Carmel center apartments and townhomes is located in the heart of carmel city center, one of hamilton county’s most coveted locations for entertainment...