Cheap Apartments for Rent in the Traditions on the Monon Neighborhood of Carmel, IN from $1,000 (30 Rentals)

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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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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $1,101. 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 ListingModel NameBed/BathPriced From
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,101
MAIN STREETThe MapleStudio,1BA$1,113
GramercyVerde (1.10 A)1BR,1BA$1,175
Carmel WoodsThe Cypress1BR,1BA$1,190
The Gallery ApartmentsVan Gogh1BR,1BA$1,199
Governor SquareDurbin - Renovated1BR,1BA$1,270
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,289
Lakes of CarmelOne Bedroom1BR,1BA$1,296
The Village on Spring MillChopin - 1 bed 1 bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.68
Carmel WoodsThe Willows2BR,2BA$1.54
Governor SquareDurbin - Renovated1BR,1BA$1.41
Alexandria of Carmel ApartmentsThe Ambassador 2 BR 1 BA2BR,1BA$1.67
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.63
Overture at Proscenium ApartmentsScotStudio ,1BA$1.72
17 Woodland Dr, Unit Upstair Rental17 Woodland Dr5BR,1BA$1.27
GramercyVerde (1.10 A)1BR,1BA$1.55
Lakes of CarmelOne Bedroom1BR,1BA$1.73
Carmel Landing Apartment Homes1-Garden1BR,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.

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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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Quick 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.

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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 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.

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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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Everything is a negotiation in real estate!