Cheap Apartments for Rent in the Spring Mill Neighborhood of Carmel, IN from $700 (41 Rentals)

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

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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property at 12913 Tradd St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

2 Bedroom, 2 Bath Condo for Rent

Available Now

12913 Tradd St, Unit 2B

12913 Tradd St
CarmelIN46032

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Showing Results 1-41, Page 1 of 1

Spring Mill, Carmel, IN Local Guide

Cheapest Available Spring Mill Apartments for Rent

 

The cheapest available apartment rental in the Spring Mill area of Indianapolis, IN is a Studio unit found at Main Street on the Monon priced from $1,064. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,217. Here are the most affordable Spring Mill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononMapleStudio,1BA$1,064
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,217
GramercyVerde (1.10A)1BR,1BA$1,240
Harmony Apartment HomesBass 1.11BR,1BA$1,241
Lakes of CarmelOne Bedroom1BR,1BA$1,296
Providence at Old Meridian1 Bdrm Extension -Renovated1BR,1BA$1,329
The Gallery ApartmentsDaVinci1BR,1BA$1,329
The Union at Grand JunctionMidlandStudio,1BA$1,334
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,347
Flats at Spring Mill StationThe Aberdeen1BR,1BA$1,355

Best Value Apartments for Rent in Spring Mill, IN

As of March 20, 2026 the best value apartment in the Spring Mill area is the $1.12 price per square foot Two Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,797. The second greatest value Spring Mill apartment is the 7183C1 3x1.5 Townhome (1280 sqft) Model at Park Lane Apartments starting at $2,199 with a $1.72 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Spring Mill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Springs Apartment HomesTwo Bedroom TH2BR,2.5BA$1.12
Park Lane Apartments7183C1 3x1.5 Townhome (1280 sqft)3BR,1.5BA$1.72
Overture at Proscenium ApartmentsLondon2BR,2BA$1.71
Cottages at Sanders Glen7177A11BR,1BA$1.66
Carmel WoodsThe Willows2BR,2BA$1.57
Governor SquareDurbin - Renovated1BR,1BA$1.56
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.64
Flats at Spring Mill StationThe Aberdeen1BR,1BA$1.70
GramercyVerde (1.10A)1BR,1BA$1.63
Lakes of CarmelOne Bedroom1BR,1BA$1.73

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Spring Mill, Carmel, IN

Ranked #3

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Spring Mill, Carmel, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Carmel. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, 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 Mill Apartments

What is the Cheapest Studio apartment in Spring Mill?

Currently the most affordable Cheap Studio Apartment in Spring Mill is at Main Street on the Monon listed at $1,064.

How much is rent for a Cheap One Bedroom Spring Mill Apartment?

The lowest price for a Cheap One Bedroom Spring Mill Apartment is $1,194 at Main Street on the Monon.

What is the lowest price for a Cheap Two Bedroom Spring Mill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spring Mill is starting from $1,298 at Carmel Landing Apartment Homes.

What is the most affordable Spring Mill Three Bedroom Apartment?

The best deal on a cheap Spring Mill Three Bedroom Apartment rental is at Gramercy and starts from $1,525.

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.

Helpful Local Expert Guides

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Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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