
Cheap Apartments for Rent in the Cherry Creek Enclave Neighborhood of Carmel, IN from $1,000 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherry Creek Enclave area of Carmel.


Carmel Landing Apartment Homes
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.

Governor Square

Overture at Proscenium Apartments

Sunblest Apartments
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.

The Depot At Nickel Plate

Nickel Plate Station

Lavina
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.

Vista 55+ Living

District South

954 S 8th St

954 S 8th St
Cherry Creek Enclave, Carmel, IN Local Guide

How much does it cost to rent an apartment in Cherry Creek Enclave?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cherry Creek Enclave Studio Apartments | $1,988 | $1,280 | $6,129 |
Cherry Creek Enclave 1 Bedroom Apartments | $1,689 | $1,199 | $4,032 |
Cherry Creek Enclave 2 Bedroom Apartments | $2,189 | $1,390 | $4,717 |
Cherry Creek Enclave 3 Bedroom Apartments | $2,365 | $1,606 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 3 mile radius of the Cherry Creek Enclave Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Cherry Creek Enclave, Carmel, IN Local Guide
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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 $1,227. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Flats at Switch | Express I | 1BR,1BA | $1,227 |
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,230 |
Governor Square | Durbin - Renovated | 1BR,1BA | $1,275 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1,290 |
Lavina | Settler | Studio,1BA | $1,331 |
Best Value Apartments for Rent in Cherry Creek Enclave, IN
As of June 24, 2025 the best value apartment in the Cherry Creek Enclave area is the $2.18 price per square foot Ambassador Model at The Depot At Nickel Plate in the in the Roxbury neighborhood starting from $4,225. The second greatest value Cherry Creek Enclave apartment is the Sydney Model at Overture at Proscenium Apartments starting at $2,402 with a $1.85 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Depot At Nickel Plate | Ambassador | 3BR,3BA | $2.18 |
Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
Vista 55+ Living | The Main | 1BR,1BA | $2.01 |
Governor Square | Durbin - Renovated | 1BR,1BA | $1.42 |
Park Lane Apartments | 7183B3 2x2 (876 sqft) | 2BR,2BA | $1.71 |
District South | The Maple | 1BR,1BA | $1.98 |
Bridgewater | The Beeson | 1BR,1BA | $1.78 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1.70 |
Flats at Switch | Express I | 1BR,1BA | $1.70 |
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1.90 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleCherry Creek Enclave, Carmel, IN
Ranked #14
Among neighborhoods in Carmel, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Cherry Creek Enclave, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Cherry Creek Enclave Apartments
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 $1,227 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 $1,499 at Park Lane Apartments.
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 $1,606.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.