Cheap Homes for Rent in Spring Mill Neighborhood of Carmel, IN from $1,200 (23 Rentals)

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

property at 421 Lark Ct

421 Lark Ct

CarmelIN46032

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 1 Bed unit found at Highpointe on Meridian priced from $1,066. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,122. Here are the most affordable Spring Mill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,066
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,122
Providence at Old Meridian1 Bdrm -Renovated1BR,1BA$1,123
Harmony Apartment HomesAccent 1.11BR,1BA$1,159
GramercyVerde (1.10 A)1BR,1BA$1,180

Best Value Apartments for Rent in Spring Mill, IN

As of September 30, 2025 the best value apartment in the Spring Mill area is the $1.16 price per square foot 2 bed 2.5 bath Townh Renovated - Ralston Model at Governor Square in the in the Spring Mill neighborhood starting from $1,870. The second greatest value Spring Mill apartment is the Two Bedroom Model at Lakes of Carmel starting at $1,607 with a $1.43 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.
Governor Square2 bed 2.5 bath Townh Renovated - Ralston2BR,2.5BA$1.16
Lakes of CarmelTwo Bedroom2BR,2BA$1.43
Wentworth at WestClay CondominiumsYork2BR,1BA$1.51
Maple Knoll ApartmentsThe Norway2BR,1BA$1.63
Cottages at Sanders Glen7177A11BR,1BA$1.66
Carmel WoodsThe Willows2BR,2BA$1.54
OLD TOWN ON THE MONONFoster1BR,1BA$1.62
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.56
Flats at Spring Mill StationThe Aberdeen1BR,1BA$1.64
GramercyVerde (1.10 A)1BR,1BA$1.55

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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

3.5
Pet Friendly

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Frequently Asked Questions about Spring Mill

What type of rentals are currently available in Spring Mill?

There are currently 61 Apartments for Rent in Spring Mill, IN with pricing that ranges from $1,122 to $4,466. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Mill ranging from $1,200 to $4,650.

What is the current price range for Rental Homes in Spring Mill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Mill ranges from $1,200 to $4,650 with an average monthly rent of $2,458.

How much are larger Three and Four Bedroom Rentals in Spring Mill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Spring Mill range from $1,608 to $4,466, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,045 and Four Bedroom Apartments start at $3,585.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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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.

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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

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Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.