
Cheap Apartments for Rent in the Traditions on the Monon Neighborhood of Carmel, IN from $1,000 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Traditions on the Monon area of Carmel.


Carmel Landing Apartment Homes

The Kent at Carmel City Center

MAIN STREET

The Village on Spring Mill

Gramercy

Carmel Woods
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Woodland Springs Apartment Homes

The Gallery Apartments

Muse Carmel

Alexandria of Carmel Apartments

VER at Proscenium Apartments

Governor Square

The Wren & The Windsor
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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.

Lakes of Carmel

Providence at Old Meridian

11750 Glenbrook Ct

OLD TOWN ON THE MONON

Avant

Carmel Center

Mezz 42
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Park Lane Apartments

Overture at Proscenium Apartments

Signature at Carmel

The Olivia

The Steadman Apartments of Carmel

Twin Lakes Apartments

Penn Circle
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Highpointe on Meridian

Lakeside Apartments Phase II
Traditions on the Monon, Carmel, IN Local Guide

How much does it cost to rent an apartment in Traditions on the Monon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traditions on the Monon Studio Apartments | $1,373 | $1,105 | $2,087 |
| Traditions on the Monon 1 Bedroom Apartments | $1,534 | $1,101 | $2,612 |
| Traditions on the Monon 2 Bedroom Apartments | $1,941 | $1,299 | $3,725 |
| Traditions on the Monon 3 Bedroom Apartments | $2,360 | $1,490 | $4,466 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Traditions on the Monon Neighborhood of Carmel, IN.
See all Apartments in CarmelExplore Carmel
Traditions on the Monon, Carmel, IN Local Guide
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Cheapest Available Traditions on the Monon Apartments for Rent
 The cheapest available apartment rental in the Traditions on the Monon area of Indianapolis, IN is a 1 Bed unit found at Carmel Landing Apartment Homes priced from $1,101. MAIN STREET has the second lowest priced unit, which is a Studio apartment currently listed from $1,113. Here are the most affordable Traditions on the Monon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1,101 |
| MAIN STREET | The Maple | Studio,1BA | $1,113 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1,175 |
| Carmel Woods | The Cypress | 1BR,1BA | $1,190 |
| The Gallery Apartments | Van Gogh | 1BR,1BA | $1,199 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1,270 |
| Highpointe on Meridian | U2 Blackburn - 1.1 | 1BR,1BA | $1,289 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1,296 |
| The Village on Spring Mill | Chopin - 1 bed 1 bath | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Traditions on the Monon, IN
As of January 11, 2026 the best value apartment in the Traditions on the Monon area is the $1.68 price per square foot Carnegie Model at OLD TOWN ON THE MONON in the in the Beacon Point neighborhood starting from $3,271. The second greatest value Traditions on the Monon apartment is the The Willows Model at Carmel Woods starting at $1,434 with a $1.54 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Traditions on the Monon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| OLD TOWN ON THE MONON | Carnegie | 3BR,2.5BA | $1.68 |
| Carmel Woods | The Willows | 2BR,2BA | $1.54 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.41 |
| Alexandria of Carmel Apartments | The Ambassador 2 BR 1 BA | 2BR,1BA | $1.67 |
| The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1.63 |
| Overture at Proscenium Apartments | Scot | Studio ,1BA | $1.72 |
| 17 Woodland Dr, Unit Upstair Rental | 17 Woodland Dr | 5BR,1BA | $1.27 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.55 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1.73 |
| Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1.70 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 Traditions On The Monon, Carmel, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Carmel. 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 outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Traditions on the Monon Apartments
What is the Cheapest Studio apartment in Traditions on the Monon?
Currently the most affordable Cheap Studio Apartment in Traditions on the Monon is at MAIN STREET listed at $1,113.
How much is rent for a Cheap One Bedroom Traditions on the Monon Apartment?
The lowest price for a Cheap One Bedroom Traditions on the Monon Apartment is $1,101 at Carmel Landing Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Traditions on the Monon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Traditions on the Monon is starting from $1,299 at MAIN STREET.
What is the most affordable Traditions on the Monon Three Bedroom Apartment?
The best deal on a cheap Traditions on the Monon Three Bedroom Apartment rental is at Gramercy and starts from $1,490.
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

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!