Cheap Homes for Rent in Guilford Park Neighborhood of Carmel, IN from $1,300 (6 Rentals)

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

property at 10633 Central Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

10633 Central Ave

IndianapolisIN46280

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 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

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 $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$1,225

Best Value Apartments for Rent in Guilford Park, IN

As of May 24, 2026 the best value apartment in the Guilford Park area is the $1.62 price per square foot Sydney Model at Overture at Proscenium Apartments in the in the Beacon Point neighborhood starting from $2,099. The second greatest value Guilford Park apartment is the 7183C1 3x1.5 Townhome (1280 sqft) Model at Park Lane Apartments starting at $2,199 with a $1.72 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.
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
Penn CircleB1G - Garage Included2BR,2BA$1.72
L’Etoile Apartments1BR/1.0BA1BR,1BA$1.85
Mezz 42Fortissimo - 7175A4 1x1.5 (885 sqft)1BR,1.5BA$1.78
Woodland Springs Apartment HomesOne Bedroom1BR,1.5BA$1.44
GramercyVerde (1.10A)1BR,1BA$1.61
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.

Read Article
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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 47 Apartments for Rent in Guilford Park, IN with pricing that ranges from $1,078 to $4,466. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Guilford Park ranging from $1,350 to $15,000.

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 $1,350 to $15,000 with an average monthly rent of $5,135.

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

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.