Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $1,700 (5 Rentals)

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

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.

property at 16962 Tree Top Ct

$1,985

Total Monthly Price

Total Monthly Price

Base Rent
$1,985

Total Monthly Price
$1,985

3 Bedroom, 2 Bath Rentals

Available Now

16962 Tree Top Ct

NoblesvilleIN46062
property at 7216 Burlat Ln

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2 Bath Rentals

Available Now

7216 Burlat Ln

NoblesvilleIN46062

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 Carmel Landing Apartment Homes priced from $1,207. Sunblest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. 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$1,207
Sunblest Apartments1B - Mudsock1BR,1BA$1,250
GramercyVerde (1.10A)1BR,1BA$1,290

Best Value Apartments for Rent in Cherry Creek Enclave, IN

As of April 22, 2026 the best value apartment in the Cherry Creek Enclave area is the $1.12 price per square foot Two Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,797. The second greatest value Cherry Creek Enclave apartment is the Rosewood Model at Redwood Noblesville Webster Drive starting at $2,177 with a $1.68 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.
Woodland Springs Apartment HomesTwo Bedroom TH2BR,2.5BA$1.12
Redwood Noblesville Webster DriveRosewood2BR,2BA$1.68
BridgewaterThe Cumberland2BR,2BA$1.68
Cottages at Sanders Glen7177A11BR,1BA$1.58
Governor SquareDurbin - Renovated1BR,1BA$1.47
Greystone of NoblesvilleThe Alpine1BR,1BA$1.51
Sunblest Apartments1B - Mudsock1BR,1BA$1.47
Overture at Proscenium ApartmentsLonaStudio ,1BA$1.78
GramercyVerde (1.10A)1BR,1BA$1.70
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.86

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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

3.0
Pet Friendly

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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 32 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $1,207 to $7,537. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $1,700 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 $1,700 to $6,500 with an average monthly rent of $2,969.

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

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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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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.

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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.

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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

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.