
Cheap Homes for Rent in the Spring Arbor Neighborhood of Carmel, IN from $1,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Spring Arbor area of Carmel.


12913 Tradd St, Unit Apt 2C

2634 Westleigh Dr
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8065 Hoover Ln

4023 Much Marcle Dr

3537 Birchfield Pl
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2737 W 75th St
Spring Arbor, Carmel, IN Local Guide

How much does it cost to rent a home in Spring Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Arbor 2 Bedroom Homes for Rent | $1,775 | $1,600 | $1,950 |
| Spring Arbor 3 Bedroom Homes for Rent | $2,405 | $1,795 | $3,050 |
| Spring Arbor 4 Bedroom Homes for Rent | $2,669 | $1,735 | $3,600 |
| Spring Arbor 6 Bedroom Homes for Rent | $4,100 | $4,100 | $4,100 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Spring Arbor Neighborhood of Carmel, IN.
Explore Carmel
Spring Arbor, Carmel, IN Local Guide
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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 Turtle Creek - Indianapolis priced from $749. Carlton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Spring Arbor apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Turtle Creek - Indianapolis | S1 Shell | Studio,1BA | $749 |
| Carlton Apartments | Villa | 1BR,1BA | $810 |
| Reflections Apartments | Musings | Studio,1BA | $824 |
Best Value Apartments for Rent in Spring Arbor, IN
As of July 28, 2026 the best value apartment in the Spring Arbor area is the $1.07 price per square foot The Newburgh Model at Private Reserve Townhomes in the in the Spring Arbor neighborhood starting from $1,379. The second greatest value Spring Arbor apartment is the Two Bedroom 2 Bath Model at Lakeshore Reserve Off 86th Apartments and Townhomes starting at $1,275 with a $1.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.31 |
| The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.10 |
| The Grove on Harcourt | 1x1.5 Large Renovated | 1BR,1.5BA | $1.33 |
| The Eclipse Apartment Homes | The Phoenix - Renovated | 1BR,1.5BA | $1.57 |
| ReNew at the Crossing | 1x1 | 1BR,1BA | $1.35 |
| Chelsea Village | One Bedroom Apartment | 1BR,1BA | $1.65 |
| Pickwick Farms Apartments | 1 BR, 1 Bath | 1BR,1BA | $1.39 |
| Summerwood on Towne Line Apartments | Poplar | 1BR,1BA | $1.65 |
| Oak Lake at Crooked Creek | Canopy | 1BR,1BA | $1.64 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Spring Arbor, Carmel, IN
Zionsville Community High School
School data provided by Great Schools
Frequently Asked Questions about Spring Arbor
What type of rentals are currently available in Spring Arbor?
There are currently 52 Apartments for Rent in Spring Arbor, IN with pricing that ranges from $749 to $3,309. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Arbor ranging from $1,600 to $4,100.
What is the current price range for Rental Homes in Spring Arbor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Arbor ranges from $1,600 to $4,100 with an average monthly rent of $2,737.
How much are larger Three and Four Bedroom Rentals in Spring Arbor?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Spring Arbor range from $1,419 to $3,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,050. Four Bedroom Single-Family rentals are also available starting from $1,735 and Four Bedroom Apartments start at $1,756.
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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