
Cheap Apartments for Rent in the Cherry Creek Enclave Neighborhood of Carmel, IN from $1,100 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherry Creek Enclave area of Carmel.


Woodland Springs Apartment Homes

Gramercy

Carmel Landing Apartment Homes

Bridgewater
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Governor Square

Overture at Proscenium Apartments

Sunblest Apartments

Lavina

Nickel Plate Station
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Greystone of Noblesville

Flats at Switch

Cottages at Sanders Glen

Vista Riverwest

The Depot At Nickel Plate
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District South

Spark Apartments
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 | $2,073 | $1,240 | $5,240 |
| Cherry Creek Enclave 1 Bedroom Apartments | $1,621 | $1,199 | $5,231 |
| Cherry Creek Enclave 2 Bedroom Apartments | $1,921 | $1,319 | $4,957 |
| Cherry Creek Enclave 3 Bedroom Apartments | $1,967 | $1,435 | $6,077 |
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
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 Park Lane Apartments priced from $1,199. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Lane Apartments | 7183A1 - 1x1 (741 sqft) | 1BR,1BA | $1,199 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1,200 |
| Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,217 |
| Sunblest Apartments | 1C-Orchard | 1BR,1BA | $1,220 |
| Lavina | Settler | Studio,1BA | $1,240 |
Best Value Apartments for Rent in Cherry Creek Enclave, IN
As of January 23, 2026 the best value apartment in the Cherry Creek Enclave area is the $1.67 price per square foot Driftwood Model at Redwood Noblesville Webster Drive in the in the Beacon Point neighborhood starting from $1,877. The second greatest value Cherry Creek Enclave apartment is the Union Model at Flats at Switch starting at $1,554 with a $1.51 price per square foot in the Roxbury 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. |
|---|---|---|---|
| Redwood Noblesville Webster Drive | Driftwood | 2BR,2BA | $1.67 |
| Flats at Switch | Union | 2BR,2BA | $1.51 |
| Cottages at Sanders Glen | 7177A1 | 1BR,1BA | $1.47 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.46 |
| Greystone of Noblesville | The Alpine | 1BR,1BA | $1.48 |
| Overture at Proscenium Apartments | Scot | Studio ,1BA | $1.72 |
| Sunblest Apartments | 1C-Orchard | 1BR,1BA | $1.56 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.58 |
| Bridgewater | The Beeson | 1BR,1BA | $1.66 |
| Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1.88 |
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 $1,199 at Park Lane Apartments.
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 $1,319 at Carmel Landing Apartment Homes.
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 $1,435.
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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Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
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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.

Apartment Common Area Rules: What Renters Need to Know
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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.