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Carmel, IN Townhomes for Rent

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  • /55

    Starting at $1,349 Per Month

    • 1 - 2 Beds

    221 E Main St, Carmel, IN 46032

    Welcome to Park Lane Apartments in the desirable location of Carmel, IN. Our community offers residents a convenient fitness center to help you stay active without ever leaving home. Need extra space for your belongings? No problem! Park Lane Apartments also provides extra storage options for your convenience. Each unit is cable ready, making it easy for you to set up your entertainment system

    Park Lane Apartments

    221 E Main St, Carmel, IN 46032
  • /25

    $1,995

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • Townhouse for Rent

    10604 Central Ave, Carmel, IN 46280

    You must see this luxury 1,800 sq. ft. duplex townhome in beautiful Carmel. Our awesome home features 3 bedrooms, 2.5 bathrooms, 1 car garage in a 2-story floor plan with with a large master bedroom suite. Features vaulted & tray ceilings, NEW hard wood floors (new pics coming) , new carpet second level, stainless appliances, custom crown molding & recessed lighting throughout. LAWN CARE &

    10604 Central Ave, Carmel, IN 46280
  • /32

    $3,095 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,308 Sq Ft
    • Townhouse for Rent

    6872 Sunstone Place, Carmel, IN 46033

    Discover sophisticated living at 6872 Sunstone PL, a recently constructed 2022 townhouse in CARMEL, IN, offering 2308 square feet of refined space. This three-story residence presents a unique opportunity to experience modern comfort and convenience. With three well-appointed bedrooms, this townhouse provides ample personal space for residents. The three full bathrooms and one half bathroom

    Chandra Sekhar Alokam Forthright Real Estate

    6872 Sunstone Place, Carmel, IN 46033
  • /33

    $2,695 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,200 Sq Ft
    • Townhouse for Rent

    13340 E Golden Gate Dr, Westfield, IN 46074

    Low-maintenance luxury end-unit townhome offering 3 bedrooms, 3.5 bathrooms, and 2,262 sq. ft. in a highly desirable Carmel location. This beautifully designed home features an open layout with a kitchen including 42" cabinets, center island, and essential appliances such as a range/oven, washer, and dryer. The main level includes a cozy hearth room with fireplace, formal dining room, and

    13340 E Golden Gate Dr, Westfield, IN 46074
  • /20

    $2,900 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,988 Sq Ft
    • Townhouse for Rent

    333 Alden Way, Carmel, IN 46032

    Beautiful condo in the spectacular location of Carmel Downtown. Enjoy all that Downtown Carmel and The Arts & Design District living has to offer. Beautiful, 2 bed 2.5 bath Townhome in Monon & Main subdivision. Open Main Level with Eat-in Kitchen featuring Stainless Steel Appliances and Balcony Deck. Each bedroom has private bathroom and walk-in closets. Lower Level Flex Space could be Office,

    Naveen Chakilam RE/MAX Complete

    333 Alden Way, Carmel, IN 46032
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    $2,900 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,478 Sq Ft
    • Townhouse for Rent

    11794 Harvard Ln, Carmel, IN 46032

    Seize the opportunity in Carmel to make this exquisite townhouse your own before it's gone! Boasting a two-car parking garage that provides direct access to a versatile bonus room or second living space downstairs, complete with a convenient half bathroom nearby.Upon entering, be greeted by a striking staircase and an inviting living room fireplace, setting the stage for a cozy ambiance.

    11794 Harvard Ln, Carmel, IN 46032
  • /51

    $3,950 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,112 Sq Ft
    • Townhouse for Rent

    2068 Broughton St, Carmel, IN 46032

    Blending Luxury and Convenience in one of the best outfitted home for lease in the Village of WestClay. This is an executive level home with features throughout like Plantation Shutters, Hardwood Flooring, Advanced Lighting, Double Crown Molding and Custom Storage Solutions. When entering the two-story entry there is a built-in cabinet that can be used as a drop zone for coats & shoes. The whole

    Joseph Kempler eXp Realty, LLC

    2068 Broughton St, Carmel, IN 46032
  • /25

    $2,730 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,308 Sq Ft
    • Townhouse for Rent

    7010 Sunstone Place, Carmel, IN 46033

    Discover the pinnacle of modern living at 7010 Sunstone PL, a newly constructed townhouse in Carmel, IN, built in 2022. This expansive 2308 square foot residence offers a sophisticated lifestyle across three well-appointed stories, designed for those who appreciate contemporary comfort and convenience. This townhouse features three spacious bedrooms and three full bathrooms, complemented by an

    Chandra Sekhar Alokam Forthright Real Estate

    7010 Sunstone Place, Carmel, IN 46033

Frequently Asked Questions

How much does it cost to rent a townhouse in Carmel, IN?
The median rent for a townhouse in Carmel, IN is $2,620 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Carmel, IN?
To comfortably afford the median rent in Carmel, IN, a household needs to earn roughly $113,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,845 per month in Carmel, IN, renters typically need to show $8,535 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Carmel, IN?
In Carmel, IN, the price-to-rent ratio is 17.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Carmel, IN are best for renting a townhouse?
The best neighborhood for renting in Carmel, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Downtown Carmel, West Noblesville, Riverside, Far Eastside and Near Eastside, each with its own character and price range.

Rental Home Trends

Number of Townhouses for Rent
8
Median Townhouse Rent
$2,620
Median 2 Bedroom Townhouse Rent
$2,300
Median 3 Bedroom Townhouse Rent
$2,628
How to Rent a Home