Cheap Apartments for Rent in the Guilford Park Neighborhood of Carmel, IN from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Guilford Park 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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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included

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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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032
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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
property at 10614 McPherson St

$1,285

2 Bedroom, 1 Bath Townhome for Rent

Available Jan 1, 2026

10614 McPherson St

IndianapolisIN46280

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Carlyle Court
1 to 2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
Showing Results 1-33, 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 Studio unit found at MAIN STREET priced from $1,113. Carlyle Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,150. Here are the most affordable Guilford Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
MAIN STREETThe MapleStudio,1BA$1,113
Carlyle CourtTwo Bedroom Two Bathroom (C3)2BR,2BA$1,150
GramercyVerde (1.10 A)1BR,1BA$1,160
The Gallery ApartmentsVan Gogh1BR,1BA$1,241
Midtown Flats1 Bedroom, 1 BathroomStudio,1BA$1,263
Providence at Old Meridian1B1B Rush Street -Renovated1BR,1BA$1,346
The EdgeArden 0.1Studio,1BA$1,349
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,353
OLD TOWN ON THE MONONFoster1BR,1BA$1,354

Best Value Apartments for Rent in Guilford Park, IN

As of December 30, 2025 the best value apartment in the Guilford Park area is the $1.68 price per square foot Carnegie Model at OLD TOWN ON THE MONON in the in the Beacon Point neighborhood starting from $3,271. The second greatest value Guilford Park apartment is the Monterey I Model at The Retreat at Carmel starting at $2,491 with a $1.52 price per square foot in the Nora 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.
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.68
The Retreat at CarmelMonterey I3BR,2BA$1.52
Sunrise on the MononZenith3BR,2BA$1.49
Carlyle CourtTwo Bedroom Two Bathroom (C3)2BR,2BA$1.01
Lakes of CarmelTwo Bedroom2BR,2BA$1.43
Penn CircleA101BR,1BA$1.78
Governor SquareDurbin - Renovated1BR,1BA$1.36
Overture at Proscenium ApartmentsScotStudio ,1BA$1.72
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.27
GramercyVerde (1.10 A)1BR,1BA$1.53

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
Guilford Park, Carmel, IN

Ranked #6

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

Pet Friendliness Lifestyle Score

3.5
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 listed at $1,113.

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

The lowest price for a Cheap One Bedroom Guilford Park Apartment is $1,160 at Gramercy.

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 $1,150 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 $1,495.

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!