Cheap Homes for Rent in the Springmill Ridge Neighborhood of Carmel, IN from $1,100 (10 Rentals)

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

property at 10814 Broadway St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 1.5 Bath Home for Rent

Available Now

10814 Broadway St

CarmelIN46280
property at 10604 Central Ave

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

10604 Central Ave

CarmelIN46280

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 511 Zephyr Way

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125

Total Monthly Price
$2,125

3 Bedroom, 2 Bath Rentals

Available Now

511 Zephyr Way

WestfieldIN46074

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Springmill Ridge, Carmel, IN Local Guide

Cheapest Available Springmill Ridge Apartments for Rent

 

The cheapest available apartment rental in the Springmill Ridge area of Indianapolis, IN is a 1 Bed unit found at Carmel Woods priced from $1,010. Main Street on the Monon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,144. Here are the most affordable Springmill Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carmel WoodsThe Cypress1BR,1BA$1,010
Main Street on the MononA2 Walnut1BR,1BA$1,144
Highpointe on MeridianU1 Bear - 1.11BR,1BA$1,215

Best Value Apartments for Rent in Springmill Ridge, IN

As of July 23, 2026 the best value apartment in the Springmill Ridge area is the $1.76 price per square foot Mission Hill Model at Carmel Center in the in the Beacon Point neighborhood starting from $2,095. The second greatest value Springmill Ridge apartment is the 2-Townhome Model at Carmel Landing Apartment Homes starting at $1,664 with a $1.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carmel CenterMission Hill2BR,2BA$1.76
Carmel Landing Apartment Homes2-Townhome2BR,1.5BA$1.64
Mezz 42Coda - (7175A3 1x1 - 950 sqft)1BR,1BA$1.63
Carmel WoodsThe Willows2BR,2BA$1.40
Governor SquareDurbin - Renovated1BR,1BA$1.50
Harmony Apartment HomesFermata 1.1 with den1BR,1BA$1.66
Park Lane Apartments7183B1 2x1.5 (876 sqft)2BR,1.5BA$1.71
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR,1BA$1.64
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.20
GramercyVerde (1.10A)1BR,1BA$1.65

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.

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Frequently Asked Questions about Springmill Ridge

What type of rentals are currently available in Springmill Ridge?

There are currently 62 Apartments for Rent in Springmill Ridge, IN with pricing that ranges from $950 to $4,466. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springmill Ridge ranging from $1,150 to $12,500.

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 $1,150 to $12,500 with an average monthly rent of $5,198.

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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