
Cheap Apartments for Rent in the Guilford Park Neighborhood of Carmel, IN from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Guilford Park area of Carmel.


The Seasons of Carmel

The Kent at Carmel City Center

Main Street on the Monon

Woodland Springs Apartment Homes

Gramercy

Muse Carmel

The Gallery Apartments

Lakes 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.

Providence at Old Meridian

Park Lane Apartments

Avant

Governor Square

335 1st Ave NW

The Olivia

Alexandria of Carmel Apartments

Overture at Proscenium Apartments

Old Town On The Monon
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.

Penn Circle

Sunrise on the Monon

The Residences at Carmel City Center

1776 E 106th St

The Apartments at 1st on Main

The Signature at Carmel

Carmel Center

The Retreat at Carmel

Total Monthly Price
The Steadman Apartments of Carmel
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.

VER at Proscenium Apartments

Mezz 42

Sophia Square

Total Monthly Price
L’Etoile Apartments

10814 Broadway St

Portrait Midtown

10604 Central Ave

Twin Lakes Apartments

Highpointe on Meridian
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.

Midtown Flats

Lakeside Apartments Phase II

The Edge

11063 Cornell Ave

505 Vista Dr

1070 Sedona Pass

Carlyle Court

525 E 106th St

1070 Sedona Pass
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

9732 San Marco Pass

9514 Haverstick Rd
Guilford Park, Carmel, IN Local Guide

How much does it cost to rent an apartment in Guilford Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Guilford Park Studio Apartments | $1,449 | $1,078 | $2,087 |
| Guilford Park 1 Bedroom Apartments | $1,659 | $1,199 | $2,577 |
| Guilford Park 2 Bedroom Apartments | $2,220 | $1,304 | $4,282 |
| Guilford Park 3 Bedroom Apartments | $2,617 | $1,665 | $4,466 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Guilford Park Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Guilford Park, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
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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 $806. Main Street on the Monon has the second lowest priced unit, which is a Studio apartment currently listed from $1,134. Here are the most affordable Guilford Park apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carlyle Court | Standard One Bedroom (S1M) | 1BR,1BA | $806 |
| Main Street on the Monon | S2 Sassafras | Studio,1BA | $1,134 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,245 |
| Midtown Flats | 1 Bedroom, 1 Bathroom | Studio,1BA | $1,318 |
| Park Lane Apartments | 7183A1 - 1x1 (741 sqft) | 1BR,1BA | $1,349 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1,380 |
| Providence at Old Meridian | 1B1B Jackson Sqr - Renovated | 1BR,1BA | $1,433 |
| Penn Circle | A3 | 1BR,1BA | $1,459 |
| Muse Carmel | Fox | Studio,1BA | $1,490 |
| The Apartments at 1st on Main | The Central | 1BR,1BA | $1,547 |
Best Value Apartments for Rent in Guilford Park, IN
As of July 10, 2026 the best value apartment in the Guilford Park area is the $1.91 price per square foot C1 Carnegie Townhome Model at Old Town On The Monon in the in the Beacon Point neighborhood starting from $3,715. The second greatest value Guilford Park apartment is the Greenbriar 2.2 Model at The Edge starting at $1,914 with a $1.92 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Old Town On The Monon | C1 Carnegie Townhome | 3BR,2.5BA | $1.91 |
| The Edge | Greenbriar 2.2 | 2BR,2BA | $1.92 |
| Mezz 42 | Coda - (7175A3 1x1 - 950 sqft) | 1BR,1BA | $1.74 |
| L’Etoile Apartments | 1BR/1.0BA | 1BR,1BA | $1.92 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.53 |
| Highpointe on Meridian | D1 Hunter - 2.2 | 2BR,2BA | $1.81 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.64 |
| Providence at Old Meridian | 1B1B Jackson Sqr - Renovated | 1BR,1BA | $1.89 |
| Park Lane Apartments | 7183A1 - 1x1 (741 sqft) | 1BR,1BA | $1.82 |
| Carlyle Court | Standard One Bedroom (S1M) | 1BR,1BA | $1.45 |
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 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 LifestyleGuilford Park, Carmel, IN
Ranked #5
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,134.
How much is rent for a Cheap One Bedroom Guilford Park Apartment?
The lowest price for a Cheap One Bedroom Guilford Park Apartment is $806 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 $1,259 at Main Street on the Monon.
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 $1,665.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.

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

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.