Property Prices in Carmel, IN, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.44 |
| Mortgage as Percentage of Income: | 13.08% |
| Loan Affordability Index: | 7.65 |
| Price to Rent Ratio - City Centre: | 5.73 |
| Price to Rent Ratio - Outside of Centre: | 6.29 |
| Gross Rental Yield (City Centre): | 17.45% |
| Gross Rental Yield (Outside of Centre): | 15.90% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $1,487.50 | |
| 1 Bedroom Apartment Outside of City Centre | $1,250.00 | |
| 3 Bedroom Apartment in City Centre | $2,625.00 | |
| 3 Bedroom Apartment Outside of City Centre | $2,450.00 | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | $171.24 | |
| Price per Square Feet to Buy Apartment Outside of Centre | $165.73 | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | $6,276.33 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.65 | |
These data are based on 53 entries from 14 contributors over the past 18 months.
Last update: 15 October 2026
Sources and References
Nearby Cities:| Property Prices in Indianapolis, Indiana | 17.90 miles |
| Property Prices in Bloomington, Indiana | 76.36 miles |
| Property Prices in Fort Wayne, Indiana | 116.88 miles |
| Property Prices in Cincinnati, Ohio | 122.39 miles |
| Property Prices in Champaign, Illinois | 123.60 miles |
| Property Prices in Dayton, Ohio | 124.19 miles |
| Property Prices in Clarksville, Indiana | 128.65 miles |
| Property Prices in Louisville, Kentucky | 132.61 miles |
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