Cheap Apartments for Rent in the Hunters Creek South Neighborhood of Carmel, IN from $1,000 (37 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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property at 12754 Crescent Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

3 Bedroom, 2.5 Bath Home for Rent

Available Now

12754 Crescent Dr

CarmelIN46032
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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

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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property at 511 Zephyr Way

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125
Total Monthly Price
$2,125

3 Bedroom, 2 Bath Rentals

Available Aug 6

511 Zephyr Way

WestfieldIN46074
Showing Results 1-37, 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 Studio unit found at Main Street on the Monon priced from $1,134. Highpointe on Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable Hunters Creek South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononS2 SassafrasStudio,1BA$1,134
Highpointe on MeridianU1 Bear - 1.11BR,1BA$1,215
GramercyVerde (1.10A)1BR,1BA$1,250
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,285
Providence at Old Meridian1B1B Beacon Hill - Renovated1BR,1BA$1,386
Mezz 42Fermata - 7175S1 Studio (605 sqft) A2Studio,1BA$1,399
Carmel Landing Apartment Homes2-Garden2BR,2BA$1,414
Midtown Flats1 Bedroom, 1 BathroomStudio,1BA$1,420
Old Town On The MononA1 Foster1BR,1BA$1,449
Alexandria of Carmel ApartmentsThe Diplomat 1 BR 1 BA1BR,1BA$1,467

Best Value Apartments for Rent in Hunters Creek South, IN

As of August 06, 2026 the best value apartment in the Hunters Creek South area is the $1.74 price per square foot Rome Model at The Olivia in the in the Beacon Point neighborhood starting from $2,021. The second greatest value Hunters Creek South apartment is the The Monterey Pine Model at Carmel Woods starting at $1,525 with a $1.45 price per square foot in the Carmel neighborhood. 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.
The OliviaRome2BR,2BA$1.74
Carmel WoodsThe Monterey Pine3BR,2BA$1.45
Carmel Landing Apartment Homes2-Townhome2BR,1.5BA$1.64
L’Etoile Apartments1BR/1.0BA1BR,1BA$1.92
Park Lane Apartments7183B1 2x1.5 (876 sqft)2BR,1.5BA$1.71
Flats at Spring Mill StationThe Harriet1BR,1BA$1.75
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR,1BA$1.64
Old Town On The MononA1 Foster1BR,1BA$1.74
GramercyVerde (1.10A)1BR,1BA$1.64
Alexandria of Carmel ApartmentsThe Diplomat 1 BR 1 BA1BR,1BA$1.94

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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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
Hunters Creek South, Carmel, IN

Ranked #11

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 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 $1,694.

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 2 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 $259 which is $1,435 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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