
Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Cherry Creek Enclave area of Carmel.


16864 Maraschino Dr

2012 Pheasant Run
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.

503 Village Green Ln

1311 Lawrence Rd

17219 Futch Way
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.

1925 Tourmaline Dr
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 | $2,968 | $1,936 | $4,000 |
Cherry Creek Enclave 3 Bedroom Homes for Rent | $2,413 | $1,780 | $3,195 |
Cherry Creek Enclave 4 Bedroom Homes for Rent | $2,734 | $2,110 | $3,600 |
Cherry Creek Enclave 5 Bedroom Homes for Rent | $3,233 | $2,750 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Cherry Creek Enclave Neighborhood of Carmel, IN.
Explore Carmel
Cherry Creek Enclave, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,151. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,170. 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 | $1,151 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1,170 |
Governor Square | Durbin - Renovated | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Cherry Creek Enclave, IN
As of October 22, 2025 the best value apartment in the Cherry Creek Enclave area is the $1.31 price per square foot Monon Model at Flats at Switch in the in the Roxbury neighborhood starting from $2,128. 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. |
---|---|---|---|
Flats at Switch | Monon | 2BR,2BA | $1.31 |
Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
The Depot At Nickel Plate | Dominion | 2BR,2BA | $1.91 |
Sunblest Apartments | 2A-Nickel Plate | 2BR,2BA | $1.28 |
Cottages at Sanders Glen | 7177A1 | 1BR,1BA | $1.66 |
Governor Square | Durbin - Renovated | 1BR,1BA | $1.36 |
Greystone of Noblesville | The Alpine | 1BR,1BA | $1.48 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1.54 |
Bridgewater | The Beeson | 1BR,1BA | $1.63 |
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1.77 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCherry Creek Enclave, Carmel, IN
Ranked #13
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Cherry Creek Enclave, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about Cherry Creek Enclave
What type of rentals are currently available in Cherry Creek Enclave?
There are currently 30 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $1,151 to $7,560. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $845 to $4,000.
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 $845 to $4,000 with an average monthly rent of $2,438.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.