Cheap Apartments for Rent in the Traditions on the Monon Neighborhood of Carmel, IN from $1,100 (30 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included

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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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 $1,113. Carmel Landing Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,122. Here are the most affordable Traditions on the Monon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
MAIN STREETThe MapleStudio,1BA$1,113
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,122
Providence at Old Meridian1 Bdrm -Renovated1BR,1BA$1,143
Carmel WoodsThe Cypress1BR,1BA$1,190
GramercyVerde (1.10 A)1BR,1BA$1,215
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,262
The Gallery ApartmentsVan Gogh1BR,1BA$1,289
Highpointe on MeridianTH-1 University - 1.1.5 (TH / Att Gar)1BR,1BA$1,308
Penn CircleA41BR,1BA$1,319
OLD TOWN ON THE MONONFoster1BR,1BA$1,354

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

As of October 11, 2025 the best value apartment in the Traditions on the Monon area is the $1.16 price per square foot 2 bed 2.5 bath Townh Renovated - Ralston Model at Governor Square in the in the Spring Mill neighborhood starting from $1,870. The second greatest value Traditions on the Monon apartment is the Two Bedroom Study Model at Lakes of Carmel starting at $1,737 with a $1.31 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.
Governor Square2 bed 2.5 bath Townh Renovated - Ralston2BR,2.5BA$1.16
Lakes of CarmelTwo Bedroom Study2BR,2BA$1.31
Overture at Proscenium ApartmentsSydney2BR,2BA$1.85
Carmel WoodsThe Monterey Pine3BR,2BA$1.53
Mezz 427175A4 1x1.5 (885 sqft)1BR,1.5BA$1.86
Penn CircleA61BR,1BA$1.72
OLD TOWN ON THE MONONFoster1BR,1BA$1.62
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.54
GramercyVerde (1.10 A)1BR,1BA$1.60
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.73

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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 $1,113.

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 $1,122 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 Carmel Woods and starts from $1,608.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.