Cheap Apartments for Rent in the Spring Arbor Neighborhood of Carmel, IN from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Spring Arbor area of Carmel.

property at 12913 Tradd St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 2 Bath Condo for Rent

Available Now

12913 Tradd St, Unit 2A

12913 Tradd St
CarmelIN46032

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

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ReNew at the Crossing
$1,159 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $2,599
Total Monthly Price
$1,159 - $2,599
1 to 3 Bedroom Apartments Available Now

ReNew at the Crossing

1130 Racquet Club North DrIndianapolis, IN 46260
Corporate Housing
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Hampshire Court
1 to 2 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Reflections Apartments
Studio to 3 Bedroom Apartments

Reflections Apartments

7999 Silverleaf DrIndianapolis, IN 46260
Corporate Housing
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Dogwood Glen
Studio to 2 Bedroom Apartments

Dogwood Glen

2390 Woodglen DrIndianapolis, IN 46260

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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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Slate Run Lofts
Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
  • Smoke Free
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The Jameson
1 to 2 Bedroom Apartments

The Jameson

1854 Century WayIndianapolis, IN 46260
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Crooked Creek
1 to 2 Bedroom Apartments

Crooked Creek

3947 Point Bar RdIndianapolis, IN 46268

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-48, Page 1 of 1

Spring Arbor, Carmel, IN Local Guide

Cheapest Available Spring Arbor Apartments for Rent

 

The cheapest available apartment rental in the Spring Arbor area of Indianapolis, IN is a Studio unit found at Dogwood Glen priced from $720. Reflections Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $829. Here are the most affordable Spring Arbor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Dogwood GlenStudio 1 BathStudio,1BA$720
Reflections ApartmentsReplicaStudio,1BA$829
Turtle Creek - IndianapolisS1 ShellStudio,1BA$859
LandmarkRanierStudio,1BA$870
The Villages of Bent Tree ApartmentsThe Bay - 1 Bedroom 1 Bath1BR,1BA$999
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1BA$1,010
The Grove on Harcourt1x1.5 Large Classic1BR,1BA$1,019
Lakeshore Reserve Off 86th Apartments and TownhomesOne Bedroom1BR,1BA$1,025
King's Reserve College Park 55+ Active LivingStudio AlcoveStudio,1BA$1,025
The Manning Apartment HomesStudioStudio,1BA$1,029

Best Value Apartments for Rent in Spring Arbor, IN

As of June 19, 2026 the best value apartment in the Spring Arbor area is the $1.27 price per square foot Cumberland Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $1,840. The second greatest value Spring Arbor apartment is the The Newburgh Model at Private Reserve Townhomes starting at $1,379 with a $1.07 price per square foot in the Spring Arbor neighborhood. Here is today’s list of the best values for Spring Arbor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Lake ApartmentsCumberland2BR,2BA$1.27
Private Reserve TownhomesThe Newburgh2BR,1.5BA$1.07
Westbury CourtThree Bedroom Townhome (T3)3BR,2.5BA$1.19
The Rail at 1380The Conductor3BR,2BA$1.30
The Grove on 79th2x2.5 Apartment - Classic2BR,2.5BA$1.02
The Elliott at College Park Apartment HomesTwo Bedroom 1.5 Bath2BR,1.5BA$1.04
The Eclipse Apartment HomesThe Vega w/Den - Upgraded1BR,1.5BA$1.41
The Grove on Harcourt1x1.5 Large Renovated1BR,1.5BA$1.30
The JamesonFairfax1BR,1.5BA$1.45
North Willow1 Bed/1 Bath-Dn1BR,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.

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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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Spring Arbor, Carmel, IN

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Carmel. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $1,029.

What is the price of a cheap apartment in Spring Arbor?

The cheapest apartment in Spring Arbor is Turtle Creek - Indianapolis which is listed at $929, while the average apartment in Spring Arbor costs $1,829.

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 9 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 $186 which is $1,643 cheaper than the average rent for all rentals in Spring Arbor.

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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