Cheap Apartments for Rent in the Hunters Creek South Neighborhood of Carmel, IN from $1,010 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hunters Creek South area of Carmel.

Rent According to Income: A Look at Income-Restricted Rentals

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Showing Results 1-36, Page 1 of 1

Hunters Creek South, Carmel, IN Local Guide

Cheapest Available Hunters Creek South Apartments for Rent

 

The cheapest available apartment rental in the Hunters Creek South area of Indianapolis, IN is a 1 Bed unit found at Main Street on the Monon priced from $1,144. Highpointe on Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,193. Here are the most affordable Hunters Creek South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononA2 Walnut1BR, 1BA$1,144
Highpointe on MeridianU1 Bear - 1.11BR, 1BA$1,193
Governor SquareDurbin - Renovated1BR, 1BA$1,269
GramercyVerde (1.10A)1BR, 1BA$1,273
Lakes of CarmelOne Bedroom1BR, 1BA$1,319
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR, 1BA$1,325
BridgewaterThe Beeson1BR, 1BA$1,336
Carmel Landing Apartment Homes2-Mastersuite2BR, 2BA$1,393
Mezz 42Fermata - 7175S1 Studio (605 sqft) A2Studio, 1BA$1,399
Overture at Proscenium ApartmentsScotStudio, 1BA$1,400

Best Value Apartments for Rent in Hunters Creek South, IN

As of September 20, 2026 the best value apartment in the Hunters Creek South area is the $1.45 price per square foot The Monterey Pine Model at Carmel Woods in the Carmel neighborhood starting from $1,525. The second greatest value Hunters Creek South apartment is the 1BR/1.0BA Model at L’Etoile Apartments in the Beacon Point neighborhood starting at $1,715 with a $1.88 price per square foot. Here is today’s list of the best values for Hunters Creek South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carmel WoodsThe Monterey Pine3BR, 2BA$1.45
L’Etoile Apartments1BR/1.0BA1BR, 1BA$1.88
Governor SquareDurbin - Renovated1BR, 1BA$1.41
Park Lane Apartments7183B3 2x2 (876 sqft)2BR, 2BA$1.71
Flats at Spring Mill StationThe Harriet1BR, 1BA$1.73
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR, 1BA$1.63
GramercyVerde (1.10A)1BR, 1BA$1.68
BridgewaterThe Beeson1BR, 1BA$1.76
Lakes of CarmelOne Bedroom1BR, 1BA$1.76
Main Street on the MononA1 Elm1BR, 1BA$1.88

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Pet Friendly Lifestyle
Hunters Creek South, Carmel, IN

Ranked #6

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
Hunters Creek South, Carmel, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Hunters Creek South Apartments

What is a cheap apartment in Hunters Creek South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hunters Creek South is under $1,400.

What is the price of a cheap apartment in Hunters Creek South?

The cheapest apartment in Hunters Creek South is Main Street on the Monon which is listed at $1,144, while the average apartment in Hunters Creek South costs $1,738.

What types of apartments are the cheapest in Hunters Creek South?

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 3 regular apartments in Hunters Creek South 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 Hunters Creek South?

Cheap apartments in Hunters Creek South have an average cost of $207 which is $1,531 cheaper than the average rent for all rentals in Hunters Creek South.

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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