
Cheap Homes for Rent in Springmill Ridge Neighborhood of Carmel, IN from $1,600 (11 Rentals)
Cheap Homes in the Springmill Ridge area of Carmel.


12863 Tradd St

10229 Carrollton Ave

12926 University Crescent

73 Florence St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

103 1st Ave SE

401 Atherton Dr

10570 Barmore Ave

12950 University Crescent

403 Autumn Dr
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1229 Middlebury Dr
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 | $2,082 | $1,650 | $2,495 |
Springmill Ridge 3 Bedroom Homes for Rent | $2,585 | $1,895 | $4,950 |
Springmill Ridge 4 Bedroom Homes for Rent | $3,470 | $2,550 | $4,500 |
Springmill Ridge 5 Bedroom Homes for Rent | $4,097 | $4,000 | $4,195 |
Springmill Ridge 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 Carmel Landing Apartment Homes priced from $1,108. MAIN STREET 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,108 |
MAIN STREET | The Walnut | 1BR,1BA | $1,121 |
Carmel Woods | The Cypress | 1BR,1BA | $1,233 |
Wentworth at WestClay | Bristol | Studio,1BA | $1,250 |
Highpointe on Meridian | U1 Bear - 1.1 | 1BR,1BA | $1,279 |
Best Value Apartments for Rent in Springmill Ridge, IN
As of May 03, 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 Durbin - Renovated Model at Governor Square starting at $1,330 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sunrise on the Monon | Zenith | 3BR,2BA | $1.49 |
Governor Square | Durbin - Renovated | 1BR,1BA | $1.48 |
Mezz 42 | Accapella (7175A2 1x1 - 890 sqft) | 1BR,1BA | $1.72 |
Park Lane Apartments | 7183B3 2x2 (876 sqft) | 2BR,2BA | $1.71 |
The Village on Spring Mill | Purcell - 1 bed 1 bath - Renovated | 1BR,1BA | $1.68 |
OLD TOWN ON THE MONON | Foster | 1BR,1BA | $1.62 |
Carmel Woods | The Cypress | 1BR,1BA | $1.54 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1.71 |
MAIN STREET | The Walnut | 1BR,1BA | $1.72 |
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1.71 |
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Frequently Asked Questions about Springmill Ridge
What type of rentals are currently available in Springmill Ridge?
There are currently 57 Apartments for Rent in Springmill Ridge, IN with pricing that ranges from $1,108 to $4,202. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Springmill Ridge ranging from $1,650 to $5,500.
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 $1,650 to $5,500 with an average monthly rent of $3,282.
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 $1,608 to $4,202, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $2,860.
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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.