Cheap Apartments for Rent in the Guilford Park Neighborhood of Carmel, IN from $802 (44 Rentals)

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

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property at 1117 E 105th St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1117 E 105th St

CarmelIN46280

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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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

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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Carlyle Court
1 to 2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
Showing Results 1-44, 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 Main Street on the Monon priced from $1,144. The Gallery Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,207. Here are the most affordable Guilford Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononA2 Walnut1BR,1BA$1,144
The Gallery ApartmentsDaVinci1BR,1BA$1,207
GramercyVerde (1.10A)1BR,1BA$1,227
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,280
Governor SquareDurbin - Renovated1BR,1BA$1,320
Midtown Flats1 Bedroom, 1 BathroomStudio,1BA$1,328
Alexandria of Carmel ApartmentsThe Diplomat 1 BR 1 BA1BR,1BA$1,380
Mezz 42Fermata - 7175S1 Studio (605 sqft) A2Studio,1BA$1,399
Overture at Proscenium ApartmentsScotStudio,1BA$1,400
VER at Proscenium ApartmentsThe Richard1BR,1BA$1,424

Best Value Apartments for Rent in Guilford Park, IN

As of August 25, 2026 the best value apartment in the Guilford Park area is the $1.26 price per square foot 10770 Central Ave Model at 10770 Central Ave, Unit 10770 in the in the Carmel neighborhood starting from $1,895. The second greatest value Guilford Park apartment is the The Raleigh Model at The Seasons of Carmel starting at $2,156 with a $1.60 price per square foot in the Carmel 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.
10770 Central Ave, Unit 1077010770 Central Ave3BR,2BA$1.26
The Seasons of CarmelThe Raleigh2BR,2BA$1.60
Old Town On The MononB1 Kendall2BR,2BA$1.62
Providence at Old Meridian2B2B Society Hall -Renovated2BR,2BA$1.61
The EdgeCollege 1.1 + Den1BR,1BA$1.90
Governor SquareDurbin - Renovated1BR,1BA$1.47
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1.71
Overture at Proscenium ApartmentsScotStudio ,1BA$1.72
GramercyVerde (1.10A)1BR,1BA$1.61
Main Street on the MononA2 Walnut1BR,1BA$1.76

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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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 #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 a cheap apartment in Guilford Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Guilford Park is under $1,424.

What is the price of a cheap apartment in Guilford Park?

The cheapest apartment in Guilford Park is Main Street on the Monon which is listed at $1,144, while the average apartment in Guilford Park costs $1,848.

What types of apartments are the cheapest in Guilford Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Guilford Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Guilford Park?

Cheap apartments in Guilford Park have an average cost of $193 which is $1,655 cheaper than the average rent for all rentals in Guilford Park.

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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