Cheap Apartments for Rent in the Traditions on the Monon Neighborhood of Carmel, IN from $900 (32 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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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

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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 Studio unit found at MAIN STREET priced from $1,064. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,128. Here are the most affordable Traditions on the Monon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
MAIN STREETThe MapleStudio,1BA$1,064
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,128
Providence at Old Meridian1B1B Beacon Hill - Renovated1BR,1BA$1,169
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,187
Carmel WoodsThe Cypress1BR,1BA$1,190
GramercyVerde (1.10 A)1BR,1BA$1,235
The Gallery ApartmentsVan Gogh1BR,1BA$1,289
Alexandria of Carmel ApartmentsThe Independence 1 BR 1 BA1BR,1BA$1,305

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

As of November 26, 2025 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 2 bed 2.5 bath Townh Renovated - Ralston Model at Governor Square starting at $1,820 with a $1.13 price per square foot in the Spring Mill 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.
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.68
Governor Square2 bed 2.5 bath Townh Renovated - Ralston2BR,2.5BA$1.13
Overture at Proscenium ApartmentsSydney2BR,2BA$1.62
Carmel WoodsThe Willows2BR,2BA$1.54
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.44
Lakes of CarmelLarge One Bedroom1BR,1.5BA$1.68
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.27
GramercyVerde (1.10 A)1BR,1BA$1.63
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.74
10802 Central Ave, Unit 10802 Central Ave Carmel10802 Central Ave2BR,1BA$1.58

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

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Pet Friendly Lifestyle
Traditions On The Monon, Carmel, IN

Ranked #8

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,064.

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 $1,137 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 $1,645.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.