
Cheap Apartments for Rent in the Traditions on the Monon Neighborhood of Carmel, IN from $1,000 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Traditions on the Monon area of Carmel.


The Kent at Carmel City Center

MAIN STREET

Carmel Woods

Woodland Springs Apartment Homes

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Carmel Landing Apartment Homes

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Gramercy
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Alexandria of Carmel Apartments

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The Village on Spring Mill

The Wren & The Windsor

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Governor Square

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Lakes of Carmel

The Gallery Apartments

Muse Carmel
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The Olivia

Old Town On The Monon

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Carmel Center

Avant

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Providence at Old Meridian

Signature at Carmel

The Steadman Apartments of Carmel
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VER at Proscenium Apartments

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Mezz 42

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Park Lane Apartments

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North End Apartments

Twin Lakes Apartments

Highpointe on Meridian

Lakeside Apartments Phase II
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Penn Circle
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 | $1,398 | $1,105 | $2,087 |
| Traditions on the Monon 1 Bedroom Apartments | $1,652 | $1,190 | $2,612 |
| Traditions on the Monon 2 Bedroom Apartments | $2,058 | $1,280 | $3,767 |
| Traditions on the Monon 3 Bedroom Apartments | $2,441 | $1,505 | $4,466 |
Browse Apartments in this Neighborhood
There are currently 29 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 Studio unit found at MAIN STREET priced from $1,113. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Traditions on the Monon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAIN STREET | The Maple | Studio,1BA | $1,113 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,245 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1,295 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1,296 |
| Carmel Landing Apartment Homes | 2-Garden | 2BR,2BA | $1,298 |
| The Gallery Apartments | DaVinci | 1BR,1BA | $1,329 |
| Highpointe on Meridian | U2 Blackburn - 1.1 | 1BR,1BA | $1,336 |
| The Olivia | Amsterdam | 1BR,1BA | $1,368 |
| The Wren & The Windsor | Royal | 1BR,1BA | $1,368 |
Best Value Apartments for Rent in Traditions on the Monon, IN
As of February 26, 2026 the best value apartment in the Traditions on the Monon area is the $1.09 price per square foot Two Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,749. The second greatest value Traditions on the Monon apartment is the 3-Townhome Model at Carmel Landing Apartment Homes starting at $1,746 with a $1.47 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. |
|---|---|---|---|
| Woodland Springs Apartment Homes | Two Bedroom TH | 2BR,2.5BA | $1.09 |
| Carmel Landing Apartment Homes | 3-Townhome | 3BR,2.5BA | $1.47 |
| Overture at Proscenium Apartments | London | 2BR,2BA | $1.71 |
| Carmel Woods | The Willows | 2BR,2BA | $1.54 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.44 |
| Alexandria of Carmel Apartments | The Ambassador 2 BR 1 BA | 2BR,1BA | $1.73 |
| The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1.71 |
| 17 Woodland Dr, Unit Upstair Rental | 17 Woodland Dr | 5BR,1BA | $1.27 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.64 |
| Lakes of Carmel | One Bedroom | 1BR,1BA | $1.73 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 $1,194 at MAIN STREET.
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 $1,298 at Carmel Landing Apartment Homes.
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 $1,505.
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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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Renting with Roommates: Realistic Expectations for Shared Lease
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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.