Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $2,100 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 7103 Morello Ln

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Rentals

Available Now

7103 Morello Ln

NoblesvilleIN46062
property at 4217 Douro Trl

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 2 Bath Townhome for Rent

Available Now

4217 Douro Trl

WestfieldIN46062

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

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 Flats at Switch priced from $1,230. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Flats at SwitchExpress II1BR,1BA$1,230
GramercyVerde (1.10A)1BR,1BA$1,260
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,266

Best Value Apartments for Rent in Cherry Creek Enclave, IN

As of June 06, 2026 the best value apartment in the Cherry Creek Enclave area is the $1.87 price per square foot B5-1Domini Model at Depot at Nickel Plate in the in the Roxbury neighborhood starting from $2,550. The second greatest value Cherry Creek Enclave apartment is the Sydney Model at Overture at Proscenium Apartments starting at $2,099 with a $1.62 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.
Depot at Nickel PlateB5-1Domini2BR,2BA$1.87
Overture at Proscenium ApartmentsSydney2BR,2BA$1.62
Park Lane Apartments7183C1 3x1.5 Townhome (1280 sqft)3BR,1.5BA$1.72
Governor Square2 bedroom 2 bathroom Renovated -Marshall2BR,2BA$1.41
Cottages at Sanders Glen7177B12BR,1BA$1.54
Greystone of NoblesvilleThe Alpine1BR,1BA$1.51
Sunblest Apartments1B - Mudsock1BR,1BA$1.51
BridgewaterThe Beeson1BR,1BA$1.77
GramercyVerde (1.10A)1BR,1BA$1.66
Flats at SwitchExpress I1BR,1BA$1.81

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cherry Creek Enclave

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

There are currently 34 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $1,230 to $9,351. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $2,130 to $6,500.

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 $2,130 to $6,500 with an average monthly rent of $3,138.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.