3712 Oil Creek Dr
IndianapolisIN46268
Cheap Homes for Rent in Spring Arbor Neighborhood of Carmel, IN from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Spring Arbor area of Carmel.
8056 Pebble Creek Ct
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.
8056 Pebble Creek Ct
IndianapolisIN46268
12926 University Crescent
CarmelIN46032
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.
7458 Countrybrook Dr
IndianapolisIN46260
Showing Results 1-5, Page 1 of 1
Spring Arbor, Carmel, IN Local Guide
Carmel, Indiana art and design district. by Wiki User: Tysto is licensed under Internal
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 | $1,800 | $1,400 | $2,000 |
| Spring Arbor 3 Bedroom Homes for Rent | $2,465 | $1,750 | $3,950 |
| Spring Arbor 4 Bedroom Homes for Rent | $3,193 | $1,949 | $5,500 |
| Spring Arbor 5 Bedroom Homes for Rent | $2,155 | $2,155 | $2,155 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Slate Run Lofts and Apartments priced from $800. Reflections Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $844. Here are the most affordable Spring Arbor apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Slate Run Lofts and Apartments | Studio-Apts | Studio,1BA | $800 |
| Reflections Apartments | Replica | Studio,1BA | $844 |
| Turtle Creek | Studio | Studio,1BA | $859 |
Best Value Apartments for Rent in Spring Arbor, IN
As of December 12, 2025 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 Cambridge Model at Wentworth at WestClay Condominiums starting at $1,799 with a $1.47 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 |
| Wentworth at WestClay Condominiums | Cambridge | 2BR,2BA | $1.47 |
| The Retreat Northwest | 2 Bedroom 2 Bathroom 1215 Sq. Ft. | 2BR,2.5BA | $0.92 |
| Willow Lake Apartments | Keystone | 1BR,1BA | $1.38 |
| Westbury Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.07 |
| The Grove on Harcourt | 1 Bed 1.5 Bath Large Apartment - Renovated | 1BR,1.5BA | $1.15 |
| The Eclipse Apartment Homes | The Phoenix - Renovated | 1BR,1.5BA | $1.42 |
| The Elliott at College Park Apartment Homes | One Bedroom | 1BR,1BA | $1.46 |
| The Grove on 79th | 1 Bed 1 Bath Apartment - Classic | 1BR,1BA | $1.39 |
| Carlton Apartments | Retreat | 1BR,1BA | $1.54 |
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 Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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.
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.
Let everyone know!
Do you know the Spring Arbor area?
If you’re an expert on all things Spring Arbor, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSpring Arbor, Carmel, IN
Ranked #4
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 54 Apartments for Rent in Spring Arbor, IN with pricing that ranges from $725 to $3,309. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Arbor ranging from $395 to $5,500.
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 $395 to $5,500 with an average monthly rent of $2,114.
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.
Articles, How-To's, and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!