Cheap Apartments for Rent in the Beacon Point Neighborhood of Carmel, IN from $700 (40 Rentals)

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

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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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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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
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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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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.

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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 Harmony Apartment Homes priced from $1,131. Providence at Old Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,138. Here are the most affordable Beacon Point apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Harmony Apartment HomesBass A 1.11BR,1BA$1,131
Providence at Old Meridian1 Bdrm -Renovated1BR,1BA$1,138
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,161
MAIN STREETThe MapleStudio,1BA$1,164
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,197
GramercyVerde (1.10 A)1BR,1BA$1,220
Carmel WoodsThe Cypress1BR,1BA$1,233
Penn CircleA11BR,1BA$1,249
The OliviaAmsterdam1BR,1BA$1,270
The Union at Grand JunctionMidlandStudio,1BA$1,284

Best Value Apartments for Rent in Beacon Point, IN

As of September 17, 2025 the best value apartment in the Beacon Point area is the $1.58 price per square foot Capewood Model at Redwood Noblesville Webster Drive in the in the Beacon Point neighborhood starting from $2,562. The second greatest value Beacon Point apartment is the Two Bedroom Study Model at Lakes of Carmel starting at $1,737 with a $1.31 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 DriveCapewood2BR,2BA$1.58
Lakes of CarmelTwo Bedroom Study2BR,2BA$1.31
Cottages at Sanders Glen7177A11BR,1BA$1.66
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.56
Pebble Brook VillageBay Hill2BR,1BA$1.61
Flats at Spring Mill StationThe Harriet1BR,1BA$1.61
OLD TOWN ON THE MONONFoster1BR,1BA$1.62
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.46
Carmel WoodsThe Cypress1BR,1BA$1.54
GramercyVerde (1.10 A)1BR,1BA$1.61

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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

3.5
Pet Friendly

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Best Local Schools in
Beacon Point, Carmel, IN

School data provided by Great Schools

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 listed at $1,164.

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

The lowest price for a Cheap One Bedroom Beacon Point Apartment is $1,131 at Harmony Apartment Homes.

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 $1,339 at MAIN STREET.

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

Helpful Apartment Articles, How-To's and Tips

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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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.