Cheap Apartments for Rent in the Hunters Creek South Neighborhood of Carmel, IN from $1,000 (32 Rentals)

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

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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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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 priced from $1,064. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here are the most affordable Hunters Creek South apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
MAIN STREETThe MapleStudio,1BA$1,064
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,149
Carmel WoodsThe Cypress1BR,1BA$1,190
The Village on Spring MillChopin - 1 bed 1 bath1BR,1BA$1,215
GramercyVerde (1.10 A)1BR,1BA$1,225
Providence at Old Meridian1B1B Rush Street -Renovated1BR,1BA$1,241
Highpointe on MeridianU3 Castle - 1.11BR,1BA$1,262
Flats at Spring Mill StationThe Aberdeen1BR,1BA$1,265
The Gallery ApartmentsVan Gogh1BR,1BA$1,289
Alexandria of Carmel ApartmentsThe Independence 1 BR 1 BA1BR,1BA$1,330

Best Value Apartments for Rent in Hunters Creek South, IN

As of December 08, 2025 the best value apartment in the Hunters Creek South area is the $1.68 price per square foot Carnegie Model at OLD TOWN ON THE MONON in the in the Beacon Point neighborhood starting from $3,271. The second greatest value Hunters Creek South apartment is the B1G - Garage Included Model at Penn Circle starting at $1,786 with a $1.74 price per square foot in the Beacon Point 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.
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.68
Penn CircleB1G - Garage Included2BR,2BA$1.74
Carmel WoodsThe Willows2BR,2BA$1.54
Mezz 427175A4 1x1.5 (885 sqft)1BR,1.5BA$1.81
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.53
Overture at Proscenium ApartmentsScotStudio ,1BA$1.75
Lakes of CarmelLarge One Bedroom1BR,1.5BA$1.68
Flats at Spring Mill StationThe Aberdeen1BR,1BA$1.62
GramercyVerde (1.10 A)1BR,1BA$1.61
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.77

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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Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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 #12

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Hunters Creek South Apartments

What is the Cheapest Studio apartment in Hunters Creek South?

Currently the most affordable Cheap Studio Apartment in Hunters Creek South is at MAIN STREET listed at $1,064.

How much is rent for a Cheap One Bedroom Hunters Creek South Apartment?

The lowest price for a Cheap One Bedroom Hunters Creek South Apartment is $1,149 at Carmel Landing Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Hunters Creek South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hunters Creek South is starting from $1,299 at MAIN STREET.

What is the most affordable Hunters Creek South Three Bedroom Apartment?

The best deal on a cheap Hunters Creek South Three Bedroom Apartment rental is at Gramercy and starts from $1,590.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!