City evidence stays city-level. County, metro and national records appear separately to explain the wider market without changing the city figures.
The latest city-level Zillow ZORI for Carmel is $1,854 per month in 2026-06. It measures a typical asking-rent market across rental types—not an arithmetic average or an address-level rent estimate.
| Measure | Current value | Geography | Measurement boundary |
|---|---|---|---|
| Zillow ZORI | $1,854 | Carmel city | Typical observed asking-rent index; not a unit quote. |
| Census ACS gross rent | $1,712 | Carmel city | Survey estimate for occupied renter homes, including specified utilities. |
| HUD 2BR FMR | $1,473 | Hamilton County | Administrative bedroom standard; wider context, never substituted as city rent. |
For a property decision, match bedroom count, condition, utilities, concessions, lease timing and nearby comparable listings. Wider county and metro evidence below stays explicitly labelled.Zillow pulled 2026-07-29
The city facts below remain available because they are generated directly from the current public records. The written interpretation will return only after it matches the same evidence set.
These Apartment List observations match the exact city Census code 1810342. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Annual ACS household measure.
Annual ZORI divided by ACS median income.
Renters paying at least 30% of household income toward gross rent.
People per occupied housing unit.
Detached and attached one-unit structures.
Housing in structures with 20 or more units.
Share of vacant units listed by ACS as for rent, not a market vacancy rate.
Share of the civilian labor force.
ACS population for whom poverty status is determined.
The peer set broadens the decision without mixing geographies. Price, rent and housing characteristics remain city-level for every place.
Compared with Carmel, typical home value is $261k lower, monthly rent is $411 lower, and gross yield is 1.6 percentage points higher.
Compared with Carmel, typical home value is $208k lower, monthly rent is $13 lower, and gross yield is 2.1 percentage points higher.
Compared with Carmel, typical home value is $25k lower, monthly rent is $107 higher, and gross yield is 0.4 percentage points higher.
These are analytical alternatives, not recommendations. The structural measures come from Census ACS; price and rent use the Zillow releases shown on each card and in the source ledger below.
The layers below answer different questions. County records describe listing, migration, financing and hazard conditions around the city; metro records describe jobs, supply and permits; the mortgage rate is national.
Search all direct city–metro gaps in the interactive atlas.
This boundary extends beyond the city and is shown only as context.
These sources remain labelled as county, metro or national evidence wherever used.
Census recognizes this as Carmel city. The place intersects Hamilton County.