Cheap Apartments for Rent in the Cherry Creek Enclave Neighborhood of Carmel, IN from $900 (18 Rentals)

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

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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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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Spark Apartments
1 to 3 Bedroom Apartments

Spark Apartments

8800 North StFishers, IN 46038

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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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 Carmel Landing Apartment Homes priced from $1,149. Governor Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,149
Governor SquareDurbin - Renovated1BR,1BA$1,220
GramercyVerde (1.10 A)1BR,1BA$1,220
Sunblest Apartments1A - Nickel Plate1BR,1BA$1,240
LavinaSettlerStudio,1BA$1,240

Best Value Apartments for Rent in Cherry Creek Enclave, IN

As of December 08, 2025 the best value apartment in the Cherry Creek Enclave area is the $1.52 price per square foot Rosewood Model at Redwood Noblesville Webster Drive in the in the Beacon Point neighborhood starting from $1,964. The second greatest value Cherry Creek Enclave apartment is the 7177A1 Model at Cottages at Sanders Glen starting at $1,399 with a $1.47 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.
Redwood Noblesville Webster DriveRosewood2BR,2BA$1.52
Cottages at Sanders Glen7177A11BR,1BA$1.47
Governor SquareDurbin - Renovated1BR,1BA$1.36
Greystone of NoblesvilleThe Alpine1BR,1BA$1.48
Sunblest Apartments1A - Nickel Plate1BR,1BA$1.44
Overture at Proscenium ApartmentsScotStudio ,1BA$1.75
The Depot At Nickel PlateSwitch1BR,1BA$1.86
BridgewaterThe Beeson1BR,1BA$1.75
GramercyVerde (1.10 A)1BR,1BA$1.61
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.77

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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The 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.

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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

2.5
Pet Friendly

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Best Local Schools in
Cherry Creek Enclave, Carmel, IN

School data provided by Great Schools

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 $1,240.

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 $1,149 at Carmel Landing Apartment Homes.

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 $1,390 at Gramercy.

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 Gramercy and starts from $1,590.

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.

Articles, How-To's, and Tips

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!