Cheap Homes for Rent in Traditions on the Monon Neighborhood of Carmel, IN from $2,400 (5 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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.

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 Woods priced from $1,169. MAIN STREET has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,239. Here are the most affordable Traditions on the Monon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carmel WoodsThe Cypress1BR,1BA$1,169
MAIN STREETThe Elm-Up1BR,1BA$1,239
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1,257

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

As of July 25, 2025 the best value apartment in the Traditions on the Monon area is the $1.33 price per square foot 2 bedroom 2 bathroom Renovated -Marshall Model at Governor Square in the in the Spring Mill neighborhood starting from $1,641. The second greatest value Traditions on the Monon apartment is the The Monterey Pine Model at Carmel Woods starting at $1,608 with a $1.53 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 bedroom 2 bathroom Renovated -Marshall2BR,2BA$1.33
Carmel WoodsThe Monterey Pine3BR,2BA$1.53
Carmel Landing Apartment Homes2-Townhome2BR,1.5BA$1.45
114 1st St SE, Unit Carmel art114 1st St SE2BR,1BA$1.64
Alexandria of Carmel ApartmentsThe Congressional 2 BR 1 BA2BR,1BA$1.77
Penn CircleA101BR,1BA$1.68
Mezz 42Accapella (7175A2 1x1 - 890 sqft)1BR,1BA$1.72
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1.66
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR,1BA$1.54
GramercyVerde (1.10 A)1BR,1BA$1.67

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Frequently Asked Questions about Traditions on the Monon

What type of rentals are currently available in Traditions on the Monon?

There are currently 47 Apartments for Rent in Traditions on the Monon, IN with pricing that ranges from $1,150 to $4,594. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traditions on the Monon ranging from $2,449 to $3,500.

What is the current price range for Rental Homes in Traditions on the Monon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Traditions on the Monon ranges from $2,449 to $3,500 with an average monthly rent of $2,787.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.