Cheap Apartments for Rent in the Traditions on the Monon Neighborhood of Carmel, IN from $900 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Traditions on the Monon area of Carmel.

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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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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
property at 209 Faulkner Ct

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 2 Bath Condo for Rent

Available Now

209 Faulkner Ct, Unit 205, Unit 205

209 Faulkner Ct
CarmelIN46032

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.

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Showing Results 1-39, Page 1 of 1

Traditions on the Monon, Carmel, IN Local Guide

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 $1,115. Main Street on the Monon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,144. Here are the most affordable Traditions on the Monon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,115
Main Street on the MononWalnut 1.11BR,1BA$1,144
Highpointe on MeridianU1 Bear - 1.11BR,1BA$1,215
The Gallery ApartmentsDaVinci1BR,1BA$1,249
Providence at Old Meridian1 Bdrm Extension -Renovated1BR,1BA$1,284
Lakes of CarmelOne Bedroom1BR,1BA$1,296
GramercyVerde (1.10A)1BR,1BA$1,325
Governor SquareDurbin - Renovated1BR,1BA$1,330
Alexandria of Carmel ApartmentsThe Independence 1 BR 1 BA1BR,1BA$1,377

Best Value Apartments for Rent in Traditions on the Monon, IN

As of April 12, 2026 the best value apartment in the Traditions on the Monon area is the $1.12 price per square foot Two Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,797. The second greatest value Traditions on the Monon apartment is the Vienna Model at Overture at Proscenium Apartments starting at $1,999 with a $1.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Springs Apartment HomesTwo Bedroom TH2BR,2.5BA$1.12
Overture at Proscenium ApartmentsVienna2BR,2BA$1.52
Carmel WoodsThe Willows2BR,2BA$1.54
Governor SquareDurbin - Renovated1BR,1BA$1.48
Penn CircleA51BR,1BA$1.77
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.75
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.20
GramercyVerde (1.10A)1BR,1BA$1.74
Lakes of CarmelOne Bedroom1BR,1BA$1.73
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.72

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.

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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.

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The 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.

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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.

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Best Local Schools in
Traditions On The Monon, Carmel, IN

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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 on the Monon listed at $1,199.

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 $1,115 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 $1,259 at Main Street on the Monon.

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 Carmel Woods and starts from $1,608.

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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