
Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $1,500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Cherry Creek Enclave area of Carmel.


954 S 8th St

8422 Enclave Blvd

15037 Oak Rd

1925 Tourmaline Dr

11515 Reagan Dr
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11706 Rush Dr

14213 McNichols Wy

11829 Esty Way

17023 Puntledge Dr

15007 Redcliff Dr
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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.

9331 Somerford Dr

3538 Heathcliff Ct
Cherry Creek Enclave, Carmel, IN Local Guide

How much does it cost to rent a home in Cherry Creek Enclave?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cherry Creek Enclave 2 Bedroom Homes for Rent | $2,223 | $1,795 | $2,475 |
Cherry Creek Enclave 3 Bedroom Homes for Rent | $2,667 | $2,200 | $3,300 |
Cherry Creek Enclave 4 Bedroom Homes for Rent | $2,940 | $2,495 | $3,800 |
Cherry Creek Enclave 5 Bedroom Homes for Rent | $4,250 | $3,800 | $4,700 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Cherry Creek Enclave Neighborhood of Carmel, IN.
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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 Carmel Landing Apartment Homes priced from $1,156. Flats at Switch has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,227. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,156 |
Flats at Switch | Express I | 1BR,1BA | $1,227 |
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 23, 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 |
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Frequently Asked Questions about Cherry Creek Enclave
What type of rentals are currently available in Cherry Creek Enclave?
There are currently 29 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $1,199 to $10,824. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $1,560 to $4,700.
What is the current price range for Rental Homes in Cherry Creek Enclave?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cherry Creek Enclave ranges from $1,560 to $4,700 with an average monthly rent of $2,728.
How much are larger Three and Four Bedroom Rentals in Cherry Creek Enclave?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cherry Creek Enclave range from $1,606 to $10,824, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,295.
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.