
Cheap Apartments for Rent in the Beacon Point Neighborhood of Carmel, IN from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Beacon Point area of Carmel.


The Kent at Carmel City Center

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The Village on Spring Mill

Carmel Woods

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Carmel Landing Apartment Homes

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Gramercy

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Alexandria of Carmel Apartments

The Wren & The Windsor
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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Lakes of Carmel

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Providence at Old Meridian

The Gallery Apartments

The Olivia

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Carmel Center

Avant

VER at Proscenium Apartments

Old Town On The Monon
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.

Bridgewater

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Park Lane Apartments

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Mezz 42

Signature at Carmel

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North End Apartments

Sophia Square

Twin Lakes Apartments

Highpointe on Meridian
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.

Penn Circle

Midtown Flats

The Residences at Carmel City Center

Lakeside Apartments Phase II

Pebble Brook Village

The Union at Grand Junction

Flats at Spring Mill Station

Maple Knoll Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Wheelhouse Apartments on the Monon

Farmhouse at Lantern Commons

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Cottages at Sanders Glen

The Commons at Spring Mill Apartments

Casey Acres Apartments

Hamilton Square Apartments

Harmony Apartment Homes

17257 Gunther Blvd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Beacon Point, Carmel, IN Local Guide

How much does it cost to rent an apartment in Beacon Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Beacon Point Studio Apartments | $1,451 | $1,064 | $2,087 |
| Beacon Point 1 Bedroom Apartments | $1,619 | $1,155 | $2,612 |
| Beacon Point 2 Bedroom Apartments | $2,034 | $1,280 | $3,767 |
| Beacon Point 3 Bedroom Apartments | $2,563 | $1,520 | $4,466 |
| Beacon Point 4 Bedroom Apartments | $5,254 | $4,814 | $5,694 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 3 mile radius of the Beacon Point Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Beacon Point, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
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Cheapest Available Beacon Point Apartments for Rent
 The cheapest available apartment rental in the Beacon Point area of Indianapolis, IN is a Studio unit found at Main Street on the Monon priced from $1,064. Pebble Brook Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,203. Here are the most affordable Beacon Point apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Main Street on the Monon | Maple | Studio,1BA | $1,064 |
| Pebble Brook Village | Pine Valley | 1BR,1BA | $1,203 |
| Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,226 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,240 |
| Harmony Apartment Homes | Acappella 1.1 | 1BR,1BA | $1,240 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1,296 |
| Providence at Old Meridian | 1 Bdrm Extension -Renovated | 1BR,1BA | $1,329 |
| The Gallery Apartments | DaVinci | 1BR,1BA | $1,329 |
| The Union at Grand Junction | Midland | Studio,1BA | $1,334 |
| The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1,352 |
Best Value Apartments for Rent in Beacon Point, IN
As of March 21, 2026 the best value apartment in the Beacon Point area is the $1.52 price per square foot Vienna Model at Overture at Proscenium Apartments in the in the Beacon Point neighborhood starting from $1,999. The second greatest value Beacon Point apartment is the Rosewood Model at Redwood Noblesville Webster Drive starting at $1,899 with a $1.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Overture at Proscenium Apartments | Vienna | 2BR,2BA | $1.52 |
| Redwood Noblesville Webster Drive | Rosewood | 2BR,2BA | $1.47 |
| Park Lane Apartments and Townhomes | 7183C1 3x1.5 Townhome (1280 sqft) | 3BR,1.5BA | $1.72 |
| The Cottages at Sanders Glen | 7177A1 | 1BR,1BA | $1.66 |
| Carmel Woods | The Willows | 2BR,2BA | $1.57 |
| Penn Circle | A6 | 1BR,1BA | $1.82 |
| The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1.64 |
| Flats at Spring Mill Station | The Aberdeen | 1BR,1BA | $1.70 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.63 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleBeacon Point, Carmel, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 on the Monon listed at $1,064.
How much is rent for a Cheap One Bedroom Beacon Point Apartment?
The lowest price for a Cheap One Bedroom Beacon Point Apartment is $1,194 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 $1,298 at Carmel Landing Apartment Homes.
What is the most affordable Beacon Point Three Bedroom Apartment?
The best deal on a cheap Beacon Point Three Bedroom Apartment rental is at Gramercy and starts from $1,520.
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

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.

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.

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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.