Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $1,500 (13 Rentals)

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

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.

property at 15007 Redcliff Dr

15007 Redcliff Dr

NoblesvilleIN46062

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.

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 $1,156. 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 ListingModel NameBed/BathPriced From
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,156
Flats at SwitchExpress I1BR,1BA$1,227
Governor SquareDurbin - Renovated1BR,1BA$1,275
GramercyVerde (1.10 A)1BR,1BA$1,290
LavinaSettlerStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Depot At Nickel PlateAmbassador3BR,3BA$2.18
Overture at Proscenium ApartmentsSydney2BR,2BA$1.85
Vista 55+ LivingThe Main1BR,1BA$2.01
Governor SquareDurbin - Renovated1BR,1BA$1.42
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1.71
District SouthThe Maple1BR,1BA$1.98
BridgewaterThe Beeson1BR,1BA$1.78
GramercyVerde (1.10 A)1BR,1BA$1.70
Flats at SwitchExpress I1BR,1BA$1.70
Carmel Landing Apartment Homes1-Garden1BR,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.

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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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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.

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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.

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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.