
Cheap Homes for Rent in Traditions on the Monon Neighborhood of Carmel, IN from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Traditions on the Monon area of Carmel.


12498 Brookline St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1059 Timber Creek Dr

506 Beals St
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.
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 | $2,319 | $1,395 | $3,200 |
| Traditions on the Monon 3 Bedroom Homes for Rent | $1,950 | $1,900 | $2,000 |
| Traditions on the Monon 4 Bedroom Homes for Rent | $3,097 | $2,395 | $3,800 |
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.
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Traditions on the Monon, Carmel, IN Local Guide
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Best Value Apartments for Rent in Traditions on the Monon, IN
As of December 16, 2025 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 Two Bedroom Model at Lakes of Carmel starting at $1,607 with a $1.43 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. |
|---|---|---|---|
| OLD TOWN ON THE MONON | Carnegie | 3BR,2.5BA | $1.68 |
| Lakes of Carmel | Two Bedroom | 2BR,2BA | $1.43 |
| Penn Circle | B1G - Garage Included | 2BR,2BA | $1.78 |
| Carmel Woods | The Willows | 2BR,2BA | $1.54 |
| Governor Square | Durbin - Renovated | 1BR,1BA | $1.37 |
| Mezz 42 | 7175A4 1x1.5 (885 sqft) | 1BR,1.5BA | $1.81 |
| The Village on Spring Mill | Verdi - 1 bed 1 bath - Renovated | 1BR,1BA | $1.55 |
| Overture at Proscenium Apartments | Scot | Studio ,1BA | $1.72 |
| Gramercy | Verde (1.10 A) | 1BR,1BA | $1.61 |
| Alexandria of Carmel Apartments | The Diplomat 1 BR 1 BA | 1BR,1BA | $1.81 |
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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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 35 Apartments for Rent in Traditions on the Monon, IN with pricing that ranges from $1,105 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 $1,395 to $3,800.
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 $1,395 to $3,800 with an average monthly rent of $2,455.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!