12840 University Crescent
CarmelIN46032
Cheap Homes for Rent in Springmill Ridge Neighborhood of Carmel, IN from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Springmill Ridge area of Carmel.
10941 Cornell Ave
IndianapolisIN46280
12938 University Crescent
CarmelIN46032
12913 Tradd St, Unit 2B
12913 Tradd St
CarmelIN46032
1107 E 105th St
IndianapolisIN46280
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.
102 Village Green Ln
CarmelIN46032
209 Faulkner Ct, Unit 205
209 Faulkner Ct
CarmelIN46032
10909 College Pl Dr
IndianapolisIN46280
14610 Village Park E Dr
CarmelIN46033
3044 Village Park N Dr
CarmelIN46033
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.
Showing Results 1-10, Page 1 of 1
Springmill Ridge, Carmel, IN Local Guide
How much does it cost to rent a home in Springmill Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Springmill Ridge 2 Bedroom Homes for Rent | $1,880 | $1,220 | $2,600 |
| Springmill Ridge 3 Bedroom Homes for Rent | $2,525 | $1,950 | $3,200 |
| Springmill Ridge 4 Bedroom Homes for Rent | $3,691 | $2,500 | $4,650 |
| Springmill Ridge 5 Bedroom Homes for Rent | $4,450 | $3,150 | $6,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Springmill Ridge Neighborhood of Carmel, IN.
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Springmill Ridge, Carmel, IN Local Guide
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Cheapest Available Springmill Ridge Apartments for Rent
The cheapest available apartment rental in the Springmill Ridge area of Indianapolis, IN is a Studio unit found at Main Street on the Monon priced from $1,134. Harmony Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,253. Here are the most affordable Springmill Ridge apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Main Street on the Monon | Maple | Studio,1BA | $1,134 |
| Harmony Apartment Homes | Alto A 1.1 | 1BR,1BA | $1,253 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Springmill Ridge, IN
As of March 10, 2026 the best value apartment in the Springmill Ridge area is the $1.19 price per square foot Two Bedroom Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,431. The second greatest value Springmill Ridge apartment is the B6 Model at Penn Circle starting at $1,751 with a $1.50 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Springmill Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Springs Apartment Homes | Two Bedroom | 2BR,2BA | $1.19 |
| Penn Circle | B6 | 2BR,2BA | $1.50 |
| Wentworth at WestClay Condominiums | York | 2BR,1BA | $1.51 |
| Overture at Proscenium Apartments | London | 2BR,2BA | $1.71 |
| Carmel Landing Apartment Homes | 2-Mastersuite | 2BR,2BA | $1.45 |
| Carmel Woods | The Willows | 2BR,2BA | $1.54 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.55 |
| The Seasons of Carmel | The Charleston | 1BR,1BA | $1.69 |
| 17 Woodland Dr, Unit Upstair Rental | 17 Woodland Dr | 5BR,1BA | $1.14 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.66 |
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Springmill Ridge, Carmel, IN
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Frequently Asked Questions about Springmill Ridge
What type of rentals are currently available in Springmill Ridge?
There are currently 60 Apartments for Rent in Springmill Ridge, IN with pricing that ranges from $900 to $4,466. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springmill Ridge ranging from $1,195 to $6,400.
What is the current price range for Rental Homes in Springmill Ridge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Springmill Ridge ranges from $1,195 to $6,400 with an average monthly rent of $2,778.
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
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.
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Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
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Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.