Market Summary

Carmel, Hamilton County, IN

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Median Home Price Price

$534,632 $534.6K

Median Monthly Rent Rent

$1,975 $2K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hamilton County

Region Price Rent GRM Display
$429,118 $1,843 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Hamilton County

Region Price Rent GRM Display
$312,761 $1,292 20.0x
$294,294 $1,258 20.0x
$335,483 $1,039 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$384,311 $2,046 16.0x
$404,936 $1,531 22.0x
$346,329 $2,046 14.0x
$289,921 $1,182 20.0x
$533,665 $2,023 22.0x
$320,980 $1,422 19.0x
$315,380 $1,727 15.0x
$328,595 $1,120 24.0x
$368,257 $1,923 16.0x
$365,607 $1,665 18.0x
$798,742 $1,832 36.0x
$396,643 $1,325 25.0x
$298,301 $1,942 13.0x
$397,814 $1,619 20.0x
$480,434 $1,644 24.0x
$361,307 $2,010 15.0x
$260,361 $1,152 19.0x
$356,076 $1,528 19.0x
$383,973 $1,529 21.0x
$349,596 $1,231 24.0x
$401,670 $2,066 16.0x
$220,788 $1,251 15.0x
$348,921 $1,805 16.0x
$790,016 $1,837 36.0x
$259,152 $1,130 19.0x
$438,874 $2,142 17.0x
$221,159 $1,026 18.0x
$330,099 $1,342 21.0x
$412,069 $1,940 18.0x
$366,694 $1,203 25.0x
$323,230 $1,460 18.0x
$397,748 $1,932 17.0x
$458,343 $2,393 16.0x
$357,291 $1,786 17.0x
$328,217 $1,453 19.0x
$319,044 $1,132 24.0x
$397,458 $2,031 16.0x
$265,655 $1,034 21.0x
$277,380 $2,334 10.0x

Home prices

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Monthly rent

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GRM

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Carmel

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Trend Insights

Median Rent in Carmel, IN is $1,975, with MoM change +$19 and YoY change +$135 pointing to positive momentum while volatility is low (std $33).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Carmel, IN.

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Metric
Base market Carmel, IN
Compare market Select a market
Delta vs base
Median rent
$1,975
N/A
Median price
$534,632
N/A
YoY change
+$135
N/A
Price-to-rent
22.6x
Data unavailable
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