Cheap Homes for Rent in the Guilford Park Neighborhood of Carmel, IN from $1,500 (10 Rentals)

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Search the lowest-cost Homes 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.

property at 10604 Central Ave

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

10604 Central Ave

CarmelIN46280

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.

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 $806. 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 Bedroom (S1M)1BR,1BA$806
Main Street on the MononS1 Maple1BR,1BA$1,199
GramercyVerde (1.10A)1BR,1BA$1,255

Best Value Apartments for Rent in Guilford Park, IN

As of July 08, 2026 the best value apartment in the Guilford Park area is the $1.42 price per square foot Sonoma II Model at The Retreat at Carmel in the in the Carmel neighborhood starting from $2,106. The second greatest value Guilford Park apartment is the The Congressional 2 BR 1 BA Model at Alexandria of Carmel Apartments starting at $1,627 with a $1.71 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.
The Retreat at CarmelSonoma II2BR,2BA$1.42
Alexandria of Carmel ApartmentsThe Congressional 2 BR 1 BA2BR,1BA$1.71
Mezz 42Coda - (7175A3 1x1 - 950 sqft)1BR,1BA$1.74
Governor SquareDurbin - Renovated1BR,1BA$1.54
Highpointe on MeridianD1 Hunter - 2.22BR,2BA$1.81
Lakes of CarmelLarge One Bedroom1BR,1.5BA$1.73
GramercyVerde (1.10A)1BR,1BA$1.65
Providence at Old Meridian1B1B Jackson Sqr - Renovated1BR,1BA$1.88
Park Lane Apartments7183A1 - 1x1 (741 sqft)1BR,1BA$1.82
Carlyle CourtStandard 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.

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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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Frequently Asked Questions about Guilford Park

What type of rentals are currently available in Guilford Park?

There are currently 48 Apartments for Rent in Guilford Park, IN with pricing that ranges from $1,078 to $4,466. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Guilford Park ranging from $1,500 to $12,500.

What is the current price range for Rental Homes in Guilford Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Guilford Park ranges from $1,500 to $12,500 with an average monthly rent of $4,612.

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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

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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.