
Cheap Apartments for Rent in the The Townes at Guilford Neighborhood of Carmel, IN from $1,000 (36 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

Woodland Springs Apartment Homes

Alexandria of Carmel Apartments

Gramercy

Providence at Old Meridian

335 1st Ave NW

Lakes of Carmel
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.

Governor Square

The Gallery Apartments

Avant

Carmel Center

Overture at Proscenium Apartments

VER at Proscenium Apartments

Old Town On The Monon

Sunrise on the Monon

Muse Carmel
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.

Signature at Carmel

The Residences at Carmel City Center

Park Lane Apartments

Mezz 42

The Olivia

Sophia Square

The Apartments at 1st on Main

10770 N Park Ave

The Retreat at Carmel
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.

The Steadman Apartments of Carmel

741 N Rangeline Rd

Twin Lakes Apartments

Highpointe on Meridian

Penn Circle

Midtown Flats

Lakeside Apartments Phase II

101 Village Green Ln

10633 Central Ave
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.
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 | $1,485 | $1,078 | $2,087 |
| The Townes at Guilford 1 Bedroom Apartments | $1,626 | $1,174 | $2,577 |
| The Townes at Guilford 2 Bedroom Apartments | $2,188 | $1,275 | $4,282 |
| The Townes at Guilford 3 Bedroom Apartments | $2,520 | $1,620 | $4,466 |
Browse Apartments in this Neighborhood
There are currently 36 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
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,260. 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 | Walnut 1.1 | 1BR,1BA | $1,144 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,260 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1,296 |
| Providence at Old Meridian | 1B1B Canal Street - Renovated | 1BR,1BA | $1,298 |
| Highpointe on Meridian | U3 Castle - 1.1 | 1BR,1BA | $1,347 |
| The Wren & The Windsor in Carmel City Center | Soho Penthouse | Studio,1BA | $1,378 |
| Carmel Center | Brookline | 1BR,1BA | $1,395 |
| VER at Proscenium Apartments | The Delaney | 1BR,1BA | $1,417 |
| Midtown Flats | 1 Bedroom, 1 Bathroom | Studio,1BA | $1,420 |
| Alexandria of Carmel Apartments | The Independence 1 BR 1 BA | 1BR,1BA | $1,434 |
Best Value Apartments for Rent in The Townes at Guilford, IN
As of April 28, 2026 the best value apartment in the The Townes at Guilford area is the $1.57 price per square foot The Stockbridge Model at The Seasons of Carmel in the in the Nora neighborhood starting from $2,564. The second greatest value The Townes at Guilford apartment is the Two Bedroom TH Model at Woodland Springs Apartment Homes starting at $1,797 with a $1.12 price per square foot in the Spring Mill 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. |
|---|---|---|---|
| The Seasons of Carmel | The Stockbridge | 3BR,2.5BA | $1.57 |
| Woodland Springs Apartment Homes | Two Bedroom TH | 2BR,2.5BA | $1.12 |
| 70 Florence St, Unit 70 Florence St | 70 Florence St | 2BR,2.5BA | $1.69 |
| Governor Square | 2 bedroom 2 bathroom Renovated -Marshall | 2BR,2BA | $1.24 |
| Penn Circle | B1G - Garage Included | 2BR,2BA | $1.62 |
| Overture at Proscenium Apartments | Lona | Studio ,1BA | $1.74 |
| The Gallery Apartments | Vermeer | 2BR,1BA | $1.82 |
| Mezz 42 | Con Moto - 7175A1 1x1 (800 sqft) | 1BR,1BA | $1.87 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.66 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 $1,620.
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
Written by: Wendy Melton
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
Written by: Wendy Melton
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.