
Cheap Homes for Rent in the Cherry Creek Enclave Neighborhood of Carmel, IN from $1,225 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Cherry Creek Enclave area of Carmel.


14980 Allisonville Rd, Unit 14980 Allisonville

14988 Allisonville Rd, Unit 14988 Allisonville
Rent According to Income: A Look at Income-Restricted Rentals
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954 S 8th St

5664 Polk Dr

8445 Carthay Cir
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262 Walnut St
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 | $2,099 | $1,350 | $2,750 |
| Cherry Creek Enclave 3 Bedroom Homes for Rent | $2,708 | $2,000 | $4,000 |
| Cherry Creek Enclave 4 Bedroom Homes for Rent | $2,684 | $2,320 | $3,390 |
| Cherry Creek Enclave 5 Bedroom Homes for Rent | $4,670 | $3,000 | $6,500 |
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.
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Cherry Creek Enclave, Carmel, IN Local Guide
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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 Gramercy priced from $1,222. Flats at Switch has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,263. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,222 |
| Flats at Switch | Express II | 1BR,1BA | $1,263 |
| Lavina | Settler | Studio,1BA | $1,278 |
Best Value Apartments for Rent in Cherry Creek Enclave, IN
As of September 05, 2026 the best value apartment in the Cherry Creek Enclave area is the $1.79 price per square foot Driftwood Model at Redwood Noblesville Webster Drive in the in the Beacon Point neighborhood starting from $2,016. The second greatest value Cherry Creek Enclave apartment is the 7183B2 2x1.5 Townhome (1056 sqft) Model at Park Lane Apartments starting at $1,749 with a $1.66 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. |
|---|---|---|---|
| Redwood Noblesville Webster Drive | Driftwood | 2BR,2BA | $1.79 |
| Park Lane Apartments | 7183B2 2x1.5 Townhome (1056 sqft) | 2BR,1.5BA | $1.66 |
| Carmel Landing Apartment Homes | 2-Garden | 2BR,2BA | $1.54 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.44 |
| Greystone of Noblesville | The Alpine | 1BR,1BA | $1.51 |
| District South | The Lynn | 1BR,1BA | $1.86 |
| Overture at Proscenium Apartments | Scot | Studio ,1BA | $1.72 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.61 |
| Bridgewater | The Beeson | 1BR,1BA | $1.74 |
| Flats at Switch | Express I | 1BR,1BA | $1.86 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 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 #14
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 34 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $1,213 to $4,217. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $1,225 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 $1,225 to $6,500 with an average monthly rent of $2,839.
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 $1,551 to $4,060, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,320 and Four Bedroom Apartments start at $3,450.
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.
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