
Cheap Apartments for Rent in the The Townes at Guilford Neighborhood of Carmel, IN from $1,000 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Townes at Guilford area of Carmel.


The Kent at Carmel City Center

Main Street on the Monon

231 Lark Dr

The Gallery Apartments

Gramercy

Woodland Springs Apartment Homes

Providence at Old Meridian
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Muse Carmel

Lakes of Carmel

Park Lane Apartments

Avant

Overture at Proscenium Apartments

Governor Square

Alexandria of Carmel Apartments

Old Town On The Monon
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.

Sunrise on the Monon

The Residences at Carmel City Center

Carmel Center

1776 E 106th St

The Apartments at 1st on Main

Sophia Square

The Retreat at Carmel

The Seasons of Carmel
Cash 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.

The Olivia

Mezz 42

Total Monthly Price
The Steadman Apartments of Carmel

VER at Proscenium Apartments

Total Monthly Price
L’Etoile Apartments

Portrait Midtown

10608B Central Ave

10604 Central Ave
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.

Twin Lakes Apartments

Highpointe on Meridian

741 N Rangeline Rd

Midtown Flats

Penn Circle

Lakeside Apartments Phase II

505 Vista Dr

1405 Sierra Springs
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

525 E 106th St
The Townes at Guilford, Carmel, IN Local Guide

How much does it cost to rent an apartment in The Townes at Guilford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Townes at Guilford Studio Apartments | $1,418 | $1,078 | $2,087 |
| The Townes at Guilford 1 Bedroom Apartments | $1,661 | $1,194 | $2,577 |
| The Townes at Guilford 2 Bedroom Apartments | $2,206 | $1,195 | $4,282 |
| The Townes at Guilford 3 Bedroom Apartments | $2,586 | $1,725 | $4,466 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the The Townes at Guilford Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
The Townes at Guilford, Carmel, IN Local Guide
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Cheapest Available The Townes at Guilford Apartments for Rent
 The cheapest available apartment rental in the The Townes at Guilford area of Indianapolis, IN is a 1 Bed unit found at Main Street on the Monon priced from $1,144. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable The Townes at Guilford apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Main Street on the Monon | A2 Walnut | 1BR,1BA | $1,144 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,220 |
| Muse Carmel | Walker | Studio,1BA | $1,285 |
| Midtown Flats | Brownsburg Studio, 1 Bathroom | Studio,1BA | $1,305 |
| Providence at Old Meridian | 1B1B Jackson Sqr - Renovated | 1BR,1BA | $1,384 |
| Highpointe on Meridian | TH-1 University - 1.1.5 (TH / Att Gar) | 1BR,1BA | $1,414 |
| Park Lane Apartments | 7183B3 2x2 (876 sqft) | 2BR,2BA | $1,449 |
| Old Town On The Monon | A1 Foster | 1BR,1BA | $1,449 |
| Penn Circle | A3 | 1BR,1BA | $1,484 |
| The Apartments at 1st on Main | The Central | 1BR,1BA | $1,547 |
Best Value Apartments for Rent in The Townes at Guilford, IN
As of June 26, 2026 the best value apartment in the The Townes at Guilford area is the $1.10 price per square foot Three Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,979. The second greatest value The Townes at Guilford apartment is the Twilight Model at Sunrise on the Monon starting at $2,046 with a $1.60 price per square foot in the Nora neighborhood. Here is today’s list of the best values for The Townes at Guilford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Springs Apartment Homes | Three Bedroom TH | 3BR,2.5BA | $1.10 |
| Sunrise on the Monon | Twilight | 2BR,2BA | $1.60 |
| Governor Square | 2 bedroom 2 bathroom Renovated -Marshall | 2BR,2BA | $1.30 |
| Alexandria of Carmel Apartments | The Congressional 2 BR 1 BA | 2BR,1BA | $1.68 |
| Mezz 42 | Coda - (7175A3 1x1 - 950 sqft) | 1BR,1BA | $1.74 |
| Park Lane Apartments | 7183B1 2x1.5 (876 sqft) | 2BR,1.5BA | $1.71 |
| Old Town On The Monon | A1 Foster | 1BR,1BA | $1.74 |
| Highpointe on Meridian | TH-1 University - 1.1.5 (TH / Att Gar) | 1BR,1.5BA | $1.78 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.61 |
| Providence at Old Meridian | 1B1B Jackson Sqr - Renovated | 1BR,1BA | $1.83 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in The Townes At Guilford, Carmel, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana including The Townes at Guilford, Carmel, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap The Townes at Guilford Apartments
What is the Cheapest Studio apartment in The Townes at Guilford?
Currently the most affordable Cheap Studio Apartment in The Townes at Guilford is at Main Street on the Monon listed at $1,199.
How much is rent for a Cheap One Bedroom The Townes at Guilford Apartment?
The lowest price for a Cheap One Bedroom The Townes at Guilford Apartment is $1,144 at Main Street on the Monon.
What is the lowest price for a Cheap Two Bedroom The Townes at Guilford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Townes at Guilford is starting from $1,259 at Main Street on the Monon.
What is the most affordable The Townes at Guilford Three Bedroom Apartment?
The best deal on a cheap The Townes at Guilford Three Bedroom Apartment rental is at Gramercy and starts from $1,725.
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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.