12880 University,Unit 3b Crescent
CarmelIN46032
Cheap Homes for Rent in Springmill Ridge Neighborhood of Carmel, IN from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Springmill Ridge area of Carmel.
10229 Carrollton Ave
IndianapolisIN46280
12584 Tennyson Ln
CarmelIN46032
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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.
403 Autumn Dr
CarmelIN46032
10600 Central Ave
CarmelIN46280
10600 Central Ave
IndianapolisIN46280
12598 Tennyson Ln
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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Springmill Ridge, 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 Springmill Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Springmill Ridge 2 Bedroom Homes for Rent | $2,065 | $1,490 | $2,600 |
| Springmill Ridge 3 Bedroom Homes for Rent | $2,557 | $1,795 | $4,500 |
| Springmill Ridge 4 Bedroom Homes for Rent | $3,548 | $2,495 | $4,800 |
| Springmill Ridge 5 Bedroom Homes for Rent | $6,763 | $3,195 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 1 Bed unit found at MAIN STREET priced from $1,164. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Springmill Ridge apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAIN STREET | The Walnut | 1BR,1BA | $1,164 |
| Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,230 |
| Carmel Woods | The Cypress | 1BR,1BA | $1,233 |
Best Value Apartments for Rent in Springmill Ridge, IN
As of June 23, 2025 the best value apartment in the Springmill Ridge area is the $1.85 price per square foot Sydney Model at Overture at Proscenium Apartments in the in the Beacon Point neighborhood starting from $2,402. The second greatest value Springmill Ridge apartment is the Cambridge Model at Wentworth at WestClay Condominiums starting at $1,616 with a $1.32 price per square foot in the Spring Arbor 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. |
|---|---|---|---|
| Overture at Proscenium Apartments | Sydney | 2BR,2BA | $1.85 |
| Wentworth at WestClay Condominiums | Cambridge | 2BR,2BA | $1.32 |
| Penn Circle | B5 | 2BR,2BA | $1.68 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.42 |
| Mezz 42 | Accapella (7175A2 1x1 - 890 sqft) | 1BR,1BA | $1.68 |
| Park Lane Apartments | 7183B3 2x2 (876 sqft) | 2BR,2BA | $1.71 |
| The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1.57 |
| Carmel Woods | The Cypress | 1BR,1BA | $1.54 |
| The Olivia | Budapest | 1BR,1BA | $1.88 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.70 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Springmill Ridge
What type of rentals are currently available in Springmill Ridge?
There are currently 56 Apartments for Rent in Springmill Ridge, IN with pricing that ranges from $1,149 to $5,500. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springmill Ridge ranging from $1,490 to $12,900.
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 $1,490 to $12,900 with an average monthly rent of $3,733.
How much are larger Three and Four Bedroom Rentals in Springmill Ridge?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Springmill Ridge range from $1,606 to $4,437, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,200.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.