Cheap 3 Bedroom Apartments for Rent in the Spring Arbor Neighborhood of Carmel, IN from $798 (1 Rental)
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.
Spring Arbor, Carmel, IN Local Guide

How much does it cost to rent an apartment in Spring Arbor?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spring Arbor Studio Apartments | $1,040 | $819 | $1,650 |
Spring Arbor 1 Bedroom Apartments | $1,512 | $405 | $2,605 |
Spring Arbor 2 Bedroom Apartments | $1,879 | $1,005 | $3,476 |
Spring Arbor 3 Bedroom Apartments | $2,162 | $798 | $5,976 |
Spring Arbor 4 Bedroom Apartments | $2,236 | $1,690 | $2,765 |
Explore Carmel
Spring Arbor, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Frequently Asked Questions about Cheap Spring Arbor Apartments
What is a cheap apartment in Spring Arbor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Spring Arbor is under $1,100.
What is the price of a cheap apartment in Spring Arbor?
The cheapest apartment in Spring Arbor is Grove on Harcourt which is listed at $798, while the average apartment in Spring Arbor costs $2,265.
What types of apartments are the cheapest in Spring Arbor?
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 5 regular apartments in Spring Arbor 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 Spring Arbor?
Cheap apartments in Spring Arbor have an average cost of $103 which is $2,162 cheaper than the average rent for all rentals in Spring Arbor.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.