Cheap Homes for Rent in Springmill Ridge Neighborhood of Carmel, IN from $1,300 (16 Rentals)

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

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property at 10118 Holaday Dr

10118 Holaday Dr

CarmelIN46032

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Showing Results 1-16, Page 1 of 1

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 Highpointe on Meridian priced from $1,111. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,121. Here are the most affordable Springmill Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,111
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,121
Providence at Old Meridian1B1B New Yorker - Renovated1BR,1BA$1,182
MAIN STREETThe Walnut1BR,1BA$1,189
The Village on Spring MillOffenbach - 1 bed 1 bath - Renovated1BR,1BA$1,193

Best Value Apartments for Rent in Springmill Ridge, IN

As of September 05, 2025 the best value apartment in the Springmill Ridge area is the $1.49 price per square foot Zenith Model at Sunrise on the Monon in the in the Nora neighborhood starting from $2,427. The second greatest value Springmill Ridge apartment is the 2 bed 2.5 bath Townh Renovated - Ralston Model at Governor Square starting at $1,870 with a $1.16 price per square foot in the Spring Mill 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.
Sunrise on the MononZenith3BR,2BA$1.49
Governor Square2 bed 2.5 bath Townh Renovated - Ralston2BR,2.5BA$1.16
Lakes of CarmelTwo Bedroom Study2BR,2BA$1.31
Wentworth at WestClay CondominiumsYork2BR,1BA$1.51
Park Lane Apartments2 BDRM TOWNHOME LIVING w/ ENCLOSED PATIO ON MAI...2BR,1.5BA$1.51
OLD TOWN ON THE MONONFoster1BR,1BA$1.62
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.46
Carmel WoodsThe Cypress1BR,1BA$1.54
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.33
GramercyVerde (1.10 A)1BR,1BA$1.65

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Pet Friendly Lifestyle
Springmill Ridge, 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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Best Local Schools in
Springmill Ridge, Carmel, IN

School data provided by Great Schools

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 $1,050 to $4,466. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springmill Ridge ranging from $1,350 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 $1,350 to $12,900 with an average monthly rent of $3,425.

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.