Due to a new rental registry and permitting program in Fishers and Carmel, all single-family rental properties (including condos and townhomes) must register with the city and receive a permit in order to rent the property.
In Fishers, current rentals must register by December 31, 2025, in order to receive ‘Legacy Status’ or be subject to a new rental cap of 10% per subdivision. Anyone that fails to register by December 31 will not be eligible for legacy status and will not be able to receive a permit if the subdivision hits the 10% cap. Enforcement will start in Fishers on January 1, 2026. Rentals that fail to properly register will be subject to fines.
In Carmel, current rentals must register by January 31, 2026, in order to receive ‘Legacy Status’ or be subject to a new rental cap of 10% per subdivision. Anyone that fails to register by January 31 will not be eligible for legacy status and will not be able to receive a permit if the subdivision hits the 10% cap. Enforcement will start in Carmel on February 1, 2026. Rentals that fail to properly register will be subject to fines.
Legacy status ensures that a rental property will receive a permit regardless of the percentage of rentals in a neighborhood, as long as they are registered by the deadlines above. Permits for legacy rentals are valid until ownership changeover of the property occurs, or until a violation warranting permit revocation occurs.
Both rental registries allow for several different types of exemptions. More information on these exemptions can be found on the city websites listed below.
Some homeowner associations have also adopted rental limits or restrictions, so it is important to also pay attention to these requirements. It is possible that some HOAs restrictions will be stricter than city requirements.
There are no fees for registering in Fishers. In Carmel, an annual permit will cost $5/property.
For more information on registering in Fishers, visit the Fishers Rental Registry page, email rentalregistry@fishersin.gov or call 317-595-3111.
For more information on registering in Carmel, visit the Carmel Rental Registry page or call 317-571-2417.
Information compliments of MIBOR.
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