Cheap Apartments for Rent in the The Townes at Guilford Neighborhood of Carmel, IN from $1,078 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The Townes at Guilford area of Carmel.

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property at 1117 E 105th St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1117 E 105th St

CarmelIN46280

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
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Midtown Flats
Studio to 3 Bedroom Apartments

Midtown Flats

591 Monon BlvdCarmel, IN 46032

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.

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Showing Results 1-39, Page 1 of 1

The Townes at Guilford, Carmel, IN Local Guide

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. The Gallery Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,183. Here are the most affordable The Townes at Guilford apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Main Street on the MononA2 Walnut1BR,1BA$1,144
The Gallery ApartmentsDaVinci1BR,1BA$1,183
GramercyVerde (1.10A)1BR,1BA$1,225
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,280
Governor SquareDurbin - Renovated1BR,1BA$1,318
Midtown Flats1 Bedroom, 1 BathroomStudio,1BA$1,328
Alexandria of Carmel ApartmentsThe Diplomat 1 BR 1 BA1BR,1BA$1,380
Mezz 42Fermata - 7175S1 Studio (605 sqft) A2Studio,1BA$1,399
Overture at Proscenium ApartmentsScotStudio,1BA$1,400
VER at Proscenium ApartmentsThe Richard1BR,1BA$1,424

Best Value Apartments for Rent in The Townes at Guilford, IN

As of August 25, 2026 the best value apartment in the The Townes at Guilford area is the $1.51 price per square foot Zenith Model at Sunrise on the Monon in the in the Carmel neighborhood starting from $2,463. The second greatest value The Townes at Guilford apartment is the 10770 Central Ave Model at 10770 Central Ave, Unit 10770 starting at $1,895 with a $1.26 price per square foot in the Carmel neighborhood. Here is today’s list of the best values for The Townes at Guilford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunrise on the MononZenith3BR,2BA$1.51
10770 Central Ave, Unit 1077010770 Central Ave3BR,2BA$1.26
The Seasons of CarmelThe Raleigh2BR,2BA$1.60
Old Town On The MononB1 Kendall2BR,2BA$1.62
Governor SquareDurbin - Renovated1BR,1BA$1.46
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1.71
Overture at Proscenium ApartmentsScotStudio ,1BA$1.72
GramercyVerde (1.10A)1BR,1BA$1.61
Alexandria of Carmel ApartmentsThe Diplomat 1 BR 1 BA1BR,1BA$1.83
Main Street on the MononA2 Walnut1BR,1BA$1.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Real 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.

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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.

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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 a cheap apartment in The Townes at Guilford?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Townes at Guilford is under $1,424.

What is the price of a cheap apartment in The Townes at Guilford?

The cheapest apartment in The Townes at Guilford is Main Street on the Monon which is listed at $1,144, while the average apartment in The Townes at Guilford costs $1,797.

What types of apartments are the cheapest in The Townes at Guilford?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in The Townes at Guilford that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in The Townes at Guilford?

Cheap apartments in The Townes at Guilford have an average cost of $273 which is $1,524 cheaper than the average rent for all rentals in The Townes at Guilford.

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.

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