Cheap Apartments for Rent in the Beacon Point Neighborhood of Carmel, IN from $700 (53 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

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

Midtown Flats

591 Monon BlvdCarmel, 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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property at 227 Creekwood Dr

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

3 Bedroom, 1.5 Bath Home for Rent

Available Sep 1

227 Creekwood Dr

WestfieldIN46074
property at 511 Zephyr Way

$2,095

Total Monthly Price

Total Monthly Price

Base Rent
$2,095
Total Monthly Price
$2,095

3 Bedroom, 2 Bath Rentals

Available Now

511 Zephyr Way

WestfieldIN46074
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Casey Acres Apartments
1 to 4 Bedroom Apartments

Casey Acres Apartments

1270 Sabrina WayWestfield, IN 46074
  • Utilities Included
property at 555 Birch St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

555 Birch St

WestfieldIN46074

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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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 Studio unit found at Main Street on the Monon priced from $1,134. Pebble Brook Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,155. Here are the most affordable Beacon Point apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononS2 SassafrasStudio,1BA$1,134
Pebble Brook VillagePine Valley1BR,1BA$1,155
Highpointe on MeridianU1 Bear - 1.11BR,1BA$1,212
GramercyVerde (1.10A)1BR,1BA$1,245
The Gallery ApartmentsDaVinci1BR,1BA$1,257
The Union at Grand JunctionMidlandStudio,1BA$1,266
BridgewaterThe Beeson1BR,1BA$1,290
Carmel WoodsThe Willows2BR,2BA$1,300
Alexandria of Carmel ApartmentsThe Independence 1 BR 1 BA1BR,1BA$1,324
Midtown Flats1 Bedroom, 1 BathroomStudio,1BA$1,328

Best Value Apartments for Rent in Beacon Point, IN

As of August 16, 2026 the best value apartment in the Beacon Point area is the $1.71 price per square foot B2 Monon Model at Old Town On The Monon in the in the Beacon Point neighborhood starting from $2,434. The second greatest value Beacon Point apartment is the Rosewood Model at Redwood Noblesville Webster Drive starting at $2,169 with a $1.68 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.
Old Town On The MononB2 Monon2BR,2BA$1.71
Redwood Noblesville Webster DriveRosewood2BR,2BA$1.68
Providence at Old Meridian2B2B EatIn Kit Georgetown - Renovated2BR,2BA$1.49
The OliviaRome2BR,2BA$1.72
Carmel WoodsThe Willows2BR,2BA$1.40
Carmel Landing Apartment Homes2-Garden2BR,2BA$1.53
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1.71
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR,1BA$1.65
GramercyVerde (1.10A)1BR,1BA$1.64
BridgewaterThe Beeson1BR,1BA$1.70

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 a cheap apartment in Beacon Point?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Beacon Point is under $1,328.

What is the price of a cheap apartment in Beacon Point?

The cheapest apartment in Beacon Point is Main Street on the Monon which is listed at $1,144, while the average apartment in Beacon Point costs $1,725.

What types of apartments are the cheapest in Beacon Point?

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 3 regular apartments in Beacon Point 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 Beacon Point?

Cheap apartments in Beacon Point have an average cost of $205 which is $1,520 cheaper than the average rent for all rentals in Beacon Point.

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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