8056 Pebble Creek Ct
IndianapolisIN46268
Cheap Homes for Rent in Spring Arbor Neighborhood of Carmel, IN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Spring Arbor area of Carmel.
12914 University Crescent
CarmelIN46032
12913 Tradd St, Unit 2A
12913 Tradd St
CarmelIN46032
8065 Hoover Ln
IndianapolisIN46260
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.
2360 Colfax Ln
IndianapolisIN46260
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$1,890Studio Apartments Available Now
Furnished Studio-Indianapolis - Northwest - I-465
9370 Waldemar RdIndianapolis, IN 46268
12863 Tradd St
CarmelIN46032
7630 Lippincott Way
IndianapolisIN46268
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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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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 | $1,913 | $1,695 | $2,150 |
| Spring Arbor 3 Bedroom Homes for Rent | $2,241 | $800 | $3,100 |
| Spring Arbor 4 Bedroom Homes for Rent | $2,530 | $2,250 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Spring Arbor Neighborhood of Carmel, IN.
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Spring Arbor, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
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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 Reflections Apartments priced from $649. Dogwood Glen has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Spring Arbor apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reflections Apartments | Expressions | Studio,1BA | $649 |
| Dogwood Glen | Studio 1 Bath | Studio,1BA | $740 |
| Carlton Apartments | Villa | 1BR,1BA | $810 |
Best Value Apartments for Rent in Spring Arbor, IN
As of June 12, 2026 the best value apartment in the Spring Arbor area is the $1.30 price per square foot Shelbourne Model at Willow Lake Apartments in the in the Spring Arbor neighborhood starting from $2,005. The second greatest value Spring Arbor apartment is the Three Bedroom 2.5 Bath Townhome Model at Lakeshore Reserve Off 86th Apartments and Townhomes starting at $1,780 with a $1.32 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. |
|---|---|---|---|
| Willow Lake Apartments | Shelbourne | 2BR,2BA | $1.30 |
| Lakeshore Reserve Off 86th Apartments and Townhomes | Three Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.32 |
| The Grove on Harcourt | 3x2 Renovated | 3BR,2BA | $1.19 |
| Private Reserve Townhomes | The Newburgh | 2BR,1.5BA | $1.07 |
| Westbury Court | Three Bedroom Townhome (T3) | 3BR,2.5BA | $1.19 |
| The Rail at 1380 | The Boiler | 2BR,2BA | $1.48 |
| The Elliott at College Park Apartment Homes | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.29 |
| Crooked Creek | The Emerald & The Jade | 2BR,1.5BA | $1.42 |
| The Jameson | Royalwood | 1BR,1.5BA | $1.34 |
| The Eclipse | The Vega w/Den - Upgraded | 1BR,1.5BA | $1.41 |
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.
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.
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Best Local Schools in Spring Arbor, Carmel, IN
Zionsville Community High School
Zionsville Community Schools
Public School - Grades 9-12 (2255)
10 out of 10
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 $786 to $3,309. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Arbor ranging from $800 to $3,100.
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 $800 to $3,100 with an average monthly rent of $2,228.
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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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.