Cheap Homes for Rent in Traditions on the Monon Neighborhood of Carmel, IN from $1,800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Traditions on the Monon area of Carmel.
Traditions on the Monon, Carmel, IN Local Guide

How much does it cost to rent a home in Traditions on the Monon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Traditions on the Monon 2 Bedroom Homes for Rent | $2,100 | $1,850 | $2,600 |
Traditions on the Monon 3 Bedroom Homes for Rent | $2,342 | $1,975 | $2,600 |
Traditions on the Monon 4 Bedroom Homes for Rent | $2,297 | $2,200 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Traditions on the Monon Neighborhood of Carmel, IN.
Explore Carmel
Traditions on the Monon, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Traditions on the Monon, IN
As of September 09, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Governor Square | 2 bed 2.5 bath Townh Renovated - Ralston | 2BR,2.5BA | $1.16 |
Lakes of Carmel | Two Bedroom Study | 2BR,2BA | $1.31 |
Park Lane Apartments | 7183B2 2x1.5 Townhome (1056 sqft) | 2BR,1.5BA | $1.51 |
Alexandria of Carmel Apartments | The Congressional 2 BR 1 BA | 2BR,1BA | $1.76 |
Mezz 42 | 7175A4 1x1.5 (885 sqft) | 1BR,1.5BA | $1.81 |
OLD TOWN ON THE MONON | Foster | 1BR,1BA | $1.62 |
The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1.46 |
Carmel Woods | The Cypress | 1BR,1BA | $1.54 |
Gramercy | Verde (1.10 A) | 1BR,1BA | $1.64 |
Carmel Landing Apartment Homes | 1-Garden | 1BR,1BA | $1.73 |
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.
Pet Friendly LifestyleTraditions On The Monon, Carmel, IN
Ranked #8
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Traditions On The Monon, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about Traditions on the Monon
What type of rentals are currently available in Traditions on the Monon?
There are currently 33 Apartments for Rent in Traditions on the Monon, IN with pricing that ranges from $1,122 to $4,466. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traditions on the Monon ranging from $1,850 to $2,600.
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 $1,850 to $2,600 with an average monthly rent of $2,246.
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.

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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.