Cheap Apartments for Rent in the Cherry Creek Enclave Neighborhood of Carmel, IN from $1,200 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cherry Creek Enclave area of Carmel.

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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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Vista Riverwest
Rent Specials
$1,506 - $3,622
Total Monthly Price

Total Monthly Price

Base Rent
$1,506 - $3,622

Total Monthly Price
$1,506 - $3,622
1 to 2 Bedroom Apartments Available Now

Vista Riverwest

14744 Malachi RdNoblesville, IN 46062
Luxury
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District South
Rent Specials
$1,527 - $1,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,527 - $1,999

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

District South

8681 Edison Plaza DrFishers, IN 46038
Corporate Housing
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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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Spark Apartments
1 to 3 Bedroom Apartments

Spark Apartments

8800 North StFishers, IN 46038

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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.

Cherry Creek Enclave, Carmel, IN Local Guide

Cheapest Available Cherry Creek Enclave Apartments for Rent

 

The cheapest available apartment rental in the Cherry Creek Enclave area of Indianapolis, IN is a 1 Bed unit found at Flats at Switch priced from $1,230. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Flats at SwitchExpress II1BR,1BA$1,230
GramercyVerde (1.10A)1BR,1BA$1,260
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,266
Sunblest Apartments1B - Mudsock1BR,1BA$1,280
Spark ApartmentsGlow 1.11BR,1BA$1,320
Greystone of NoblesvilleThe Alpine1BR,1BA$1,323
BridgewaterThe Beeson1BR,1BA$1,346
LavinaSettlerStudio,1BA$1,364
Depot at Nickel PlateA2-1Switch1BR,1BA$1,415
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1,449

Best Value Apartments for Rent in Cherry Creek Enclave, IN

As of June 08, 2026 the best value apartment in the Cherry Creek Enclave area is the $1.87 price per square foot B5-1Domini Model at Depot at Nickel Plate in the in the Roxbury neighborhood starting from $2,550. The second greatest value Cherry Creek Enclave apartment is the Sydney Model at Overture at Proscenium Apartments starting at $2,099 with a $1.62 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Cherry Creek Enclave apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Depot at Nickel PlateB5-1Domini2BR,2BA$1.87
Overture at Proscenium ApartmentsSydney2BR,2BA$1.62
Park Lane Apartments7183C1 3x1.5 Townhome (1280 sqft)3BR,1.5BA$1.72
Governor Square2 bedroom 2 bathroom Renovated -Marshall2BR,2BA$1.41
Cottages at Sanders Glen7177B12BR,1BA$1.54
Greystone of NoblesvilleThe Alpine1BR,1BA$1.51
Sunblest Apartments1B - Mudsock1BR,1BA$1.51
BridgewaterThe Beeson1BR,1BA$1.77
GramercyVerde (1.10A)1BR,1BA$1.66
Flats at SwitchExpress I1BR,1BA$1.81

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
Cherry Creek Enclave, Carmel, IN

Ranked #14

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Cherry Creek Enclave Apartments

What is the Cheapest Studio apartment in Cherry Creek Enclave?

Currently the most affordable Cheap Studio Apartment in Cherry Creek Enclave is at Lavina listed at $1,370.

How much is rent for a Cheap One Bedroom Cherry Creek Enclave Apartment?

The lowest price for a Cheap One Bedroom Cherry Creek Enclave Apartment is $1,230 at Flats at Switch.

What is the lowest price for a Cheap Two Bedroom Cherry Creek Enclave Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherry Creek Enclave is starting from $1,357 at Greystone of Noblesville.

What is the most affordable Cherry Creek Enclave Three Bedroom Apartment?

The best deal on a cheap Cherry Creek Enclave Three Bedroom Apartment rental is at Carmel Landing Apartment Homes and starts from $1,681.

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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