Cheap Apartments for Rent in the Beacon Point Neighborhood of Carmel, IN from $700 (52 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.

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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

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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property at 511 Zephyr Way

$2,145

Total Monthly Price

Total Monthly Price

Base Rent
$2,145
Total Monthly Price
$2,145

3 Bedroom, 2 Bath Rentals

Available Now

511 Zephyr Way

WestfieldIN46074
property at 551 Grabill Dr

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195
Total Monthly Price
$2,195

3 Bedroom, 3 Bath Rentals

Available Now

551 Grabill Dr

WestfieldIN46074
property at 4217 Douro Trl

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

3 Bedroom, 2 Bath Townhome for Rent

Available Now

4217 Douro Trl

WestfieldIN46062
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Casey Acres Apartments
1 to 4 Bedroom Apartments

Casey Acres Apartments

1270 Sabrina WayWestfield, IN 46074
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

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 $1,144. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Beacon Point apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononA2 Walnut1BR,1BA$1,144
GramercyVerde (1.10A)1BR,1BA$1,195
Carmel WoodsThe Cypress1BR,1BA$1,210
BridgewaterThe Beeson1BR,1BA$1,298
The Union at Grand JunctionMidlandStudio,1BA$1,308
Midtown FlatsBrownsburg Studio, 1 BathroomStudio,1BA$1,322
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,347
Pebble Brook VillageBay Hill2BR,1BA$1,365
Providence at Old Meridian1B1B Jackson Sqr - Renovated1BR,1BA$1,381

Best Value Apartments for Rent in Beacon Point, IN

As of June 23, 2026 the best value apartment in the Beacon Point area is the $1.54 price per square foot 7177B1 Model at Cottages at Sanders Glen in the in the Beacon Point neighborhood starting from $1,789. The second greatest value Beacon Point apartment is the The Congressional 2 BR 1 BA Model at Alexandria of Carmel Apartments starting at $1,617 with a $1.69 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.
Cottages at Sanders Glen7177B12BR,1BA$1.54
Alexandria of Carmel ApartmentsThe Congressional 2 BR 1 BA2BR,1BA$1.69
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.58
Pebble Brook VillageBay Hill2BR,1BA$1.54
Flats at Spring Mill StationThe Harriet1BR,1BA$1.69
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.64
Carmel WoodsThe Cypress1BR,1BA$1.51
124 Maple St, Unit 124124 Maple St2BR,1BA$1.59
BridgewaterThe Beeson1BR,1BA$1.71
GramercyVerde (1.10A)1BR,1BA$1.57

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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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 $1,199.

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

The lowest price for a Cheap One Bedroom Beacon Point Apartment is $1,144 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 $1,458.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.