Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $1,800 (10 Rentals)

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Search the lowest-cost Homes 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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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 $1,225. 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$1,225
GramercyVerde (1.10 A)1BR,1BA$1,225

Best Value Apartments for Rent in Cherry Creek Enclave, IN

As of December 06, 2025 the best value apartment in the Cherry Creek Enclave area is the $1.62 price per square foot Sydney Model at Overture at Proscenium Apartments in the in the Beacon Point neighborhood starting from $2,099. The second greatest value Cherry Creek Enclave apartment is the Rosewood Model at Redwood Noblesville Webster Drive starting at $1,978 with a $1.53 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.
Overture at Proscenium ApartmentsSydney2BR,2BA$1.62
Redwood Noblesville Webster DriveRosewood2BR,2BA$1.53
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
The Depot At Nickel PlateSwitch1BR,1BA$1.86
GramercyVerde (1.10 A)1BR,1BA$1.61
BridgewaterThe Beeson1BR,1BA$1.75
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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Quick Rent Budget Calculator

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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.

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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 Cherry Creek Enclave

What type of rentals are currently available in Cherry Creek Enclave?

There are currently 32 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $950 to $7,211. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $1,850 to $5,999.

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 $1,850 to $5,999 with an average monthly rent of $2,544.

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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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!