Cheap Apartments for Rent in the Guilford Park Neighborhood of Carmel, IN from $800 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Guilford Park 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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032

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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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
property at 9750 Lake Shore Dr E

$2,043

Total Monthly Price

Total Monthly Price

Base Rent
$2,043
Total Monthly Price
$2,043

1 Bedroom, 1 Bath Townhome for Rent

Available Now

9750 Lake Shore Dr E

IndianapolisIN46280
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Carlyle Court
1 to 2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-42, Page 1 of 1

Guilford Park, Carmel, IN Local Guide

Cheapest Available Guilford Park Apartments for Rent

 

The cheapest available apartment rental in the Guilford Park area of Indianapolis, IN is a 1 Bed unit found at Carlyle Court priced from $802. Main Street on the Monon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Guilford Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carlyle CourtStandard One Bedrom (SN1)1BR,1BA$802
Main Street on the MononS1 Maple1BR,1BA$1,199
GramercyVerde (1.10A)1BR,1BA$1,210
Providence at Old Meridian1B1B Canal Street - Renovated1BR,1BA$1,281
Lakes of CarmelOne Bedroom1BR,1BA$1,296
The Wren & The Windsor in Carmel City CenterSoho PenthouseStudio,1BA$1,378
Carmel CenterBrookline1BR,1BA$1,395
Midtown Flats1 Bedroom, 1 BathroomStudio,1BA$1,420
Mezz 42Staccato (7175A2 1x1 - 890 sqft)1BR,1BA$1,425
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1,449

Best Value Apartments for Rent in Guilford Park, IN

As of May 26, 2026 the best value apartment in the Guilford Park 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 Guilford Park 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 Guilford Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Springs Apartment HomesTwo Bedroom TH2BR,2.5BA$1.12
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$1.38
Alexandria of Carmel ApartmentsThe Presidential 3 BR 2 BA3BR,2BA$1.50
Penn CircleB32BR,2BA$1.52
Mezz 42Fortissimo - 7175A4 1x1.5 (885 sqft)1BR,1.5BA$1.78
GramercyVerde (1.10A)1BR,1BA$1.59
Lakes of CarmelOne Bedroom1BR,1BA$1.73
Carlyle CourtStandard One Bedrom (SN1)1BR,1BA$1.52

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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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.

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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
Guilford Park, Carmel, IN

Ranked #5

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Guilford Park, Carmel, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Guilford Park, Carmel, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Guilford Park Apartments

What is the Cheapest Studio apartment in Guilford Park?

Currently the most affordable Cheap Studio Apartment in Guilford Park is at Main Street on the Monon listed at $1,199.

How much is rent for a Cheap One Bedroom Guilford Park Apartment?

The lowest price for a Cheap One Bedroom Guilford Park Apartment is $802 at Carlyle Court.

What is the lowest price for a Cheap Two Bedroom Guilford Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Guilford Park is starting from $1,195 at Carlyle Court.

What is the most affordable Guilford Park Three Bedroom Apartment?

The best deal on a cheap Guilford Park Three Bedroom Apartment rental is at Gramercy and starts from $1,735.

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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Articles, How-To's, and Tips

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