Cheap Apartments for Rent in the Arden at Cool Creek Neighborhood of Carmel, IN from $1,010 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arden at Cool Creek area of Carmel.

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032
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Carmel Center
1 to 3 Bedroom Apartments

Carmel Center

675 Beacon StCarmel, IN 46032

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-36, Page 1 of 1

Arden at Cool Creek, Carmel, IN Local Guide

Cheapest Available Arden at Cool Creek Apartments for Rent

 

The cheapest available apartment rental in the Arden at Cool Creek area of Indianapolis, IN is a 1 Bed unit found at Main Street on the Monon priced from $1,144. Highpointe on Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable Arden at Cool Creek apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononA2 Walnut1BR,1BA$1,144
Highpointe on MeridianU1 Bear - 1.11BR,1BA$1,215
Governor SquareDurbin - Renovated1BR,1BA$1,287
GramercyVerde (1.10A)1BR,1BA$1,297
Carmel WoodsThe Willows2BR,2BA$1,300
Lakes of CarmelOne Bedroom1BR,1BA$1,319
BridgewaterThe Beeson1BR,1BA$1,331
Mezz 42Fermata - 7175S1 Studio (605 sqft) A2Studio,1BA$1,399
VER at Proscenium ApartmentsThe Richard1BR,1BA$1,399
Overture at Proscenium ApartmentsScotStudio,1BA$1,400

Best Value Apartments for Rent in Arden at Cool Creek, IN

As of September 11, 2026 the best value apartment in the Arden at Cool Creek area is the $1.62 price per square foot B1 Kendall Model at Old Town On The Monon in the in the Beacon Point neighborhood starting from $2,024. The second greatest value Arden at Cool Creek apartment is the Driftwood Model at Redwood Noblesville Webster Drive starting at $2,016 with a $1.79 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Arden at Cool Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Old Town On The MononB1 Kendall2BR,2BA$1.62
Redwood Noblesville Webster DriveDriftwood2BR,2BA$1.79
Park Lane Apartments7183B2 2x1.5 Townhome (1056 sqft)2BR,1.5BA$1.66
Sophia SquareVienna2BR,2BA$1.77
Carmel WoodsThe Willows2BR,2BA$1.40
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.54
Governor SquareDurbin - Renovated1BR,1BA$1.43
GramercyVerde (1.10A)1BR,1BA$1.71
BridgewaterThe Beeson1BR,1BA$1.75
Lakes of CarmelOne Bedroom1BR,1BA$1.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Arden At Cool Creek, Carmel, IN

Ranked #10

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Arden At Cool Creek, Carmel, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Arden at Cool Creek, Carmel, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Arden at Cool Creek Apartments

What is the price of a cheap apartment in Arden at Cool Creek?

The cheapest apartment in Arden at Cool Creek is Main Street on the Monon which is listed at $1,144, while the average apartment in Arden at Cool Creek costs $1,731.

What types of apartments are the cheapest in Arden at Cool Creek?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Arden at Cool Creek that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Arden at Cool Creek?

Cheap apartments in Arden at Cool Creek have an average cost of $226 which is $1,505 cheaper than the average rent for all rentals in Arden at Cool Creek.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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