Cheap Apartments for Rent in the Beacon Point Neighborhood of Carmel, IN from $700 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Beacon Point area of Carmel.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
property at 209 Faulkner Ct

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 2 Bath Condo for Rent

Available Now

209 Faulkner Ct, Unit 205, Unit 205

209 Faulkner Ct
CarmelIN46032

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Casey Acres Apartments
1 to 4 Bedroom Apartments

Casey Acres Apartments

1270 Sabrina WayWestfield, IN 46074
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Beacon Point, Carmel, IN Local Guide

Cheapest Available Beacon Point Apartments for Rent

 

The cheapest available apartment rental in the Beacon Point area of Indianapolis, IN is a 1 Bed unit found at Main Street on the Monon priced from $1,199. Carmel Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here are the most affordable Beacon Point apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononS1 Maple1BR,1BA$1,199
Carmel WoodsThe Cypress1BR,1BA$1,210
GramercyVerde (1.10A)1BR,1BA$1,250
Providence at Old Meridian1B1B Beacon Hill - Renovated1BR,1BA$1,274
Pebble Brook VillagePebble Beach1BR,1BA$1,297
Lakes of CarmelOne Bedroom1BR,1BA$1,301
Maple Knoll ApartmentsThe Boxelder1BR,1BA$1,343
Cottages at Sanders Glen7177A21BR,1BA$1,350
Harmony Apartment HomesAria B 1.11BR,1BA$1,350

Best Value Apartments for Rent in Beacon Point, IN

As of May 07, 2026 the best value apartment in the Beacon Point area is the $1.64 price per square foot Rosewood Model at Redwood Noblesville Webster Drive in the in the Beacon Point neighborhood starting from $2,116. The second greatest value Beacon Point apartment is the 7183C1 3x1.5 Townhome (1280 sqft) Model at Park Lane Apartments starting at $2,199 with a $1.72 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Beacon Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Noblesville Webster DriveRosewood2BR,2BA$1.64
Park Lane Apartments7183C1 3x1.5 Townhome (1280 sqft)3BR,1.5BA$1.72
Penn CircleB32BR,2BA$1.60
Carmel WoodsThe Willows2BR,2BA$1.54
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.62
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.77
124 Maple St, Unit 124124 Maple St2BR,1BA$1.59
Flats at Spring Mill StationThe Aberdeen1BR,1BA$1.76
GramercyVerde (1.10A)1BR,1BA$1.64
Lakes of CarmelOne Bedroom1BR,1BA$1.73

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Beacon Point, Carmel, IN

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Beacon Point, Carmel, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Beacon Point Apartments

What is the Cheapest Studio apartment in Beacon Point?

Currently the most affordable Cheap Studio Apartment in Beacon Point is at Main Street on the Monon listed at $1,199.

How much is rent for a Cheap One Bedroom Beacon Point Apartment?

The lowest price for a Cheap One Bedroom Beacon Point Apartment is $1,199 at Main Street on the Monon.

What is the lowest price for a Cheap Two Bedroom Beacon Point Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Beacon Point is starting from $1,259 at Main Street on the Monon.

What is the most affordable Beacon Point Three Bedroom Apartment?

The best deal on a cheap Beacon Point Three Bedroom Apartment rental is at Carmel Woods and starts from $1,608.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.