Cheap Homes for Rent in Cherry Creek Enclave Neighborhood of Carmel, IN from $1,700 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Cherry Creek Enclave area of Carmel.

property at 968 Kinzer Ave

968 Kinzer Ave

CarmelIN46032

Cherry Creek Enclave, Carmel, IN Local Guide

Cheapest Available Cherry Creek Enclave Apartments for Rent

 

The cheapest available apartment rental in the Cherry Creek Enclave area of Indianapolis, IN is a Studio unit found at Nickel Plate Station priced from $1,255. Federal Hill Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,259. Here are the most affordable Cherry Creek Enclave apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Nickel Plate StationAlexanderStudio,1BA$1,255
Federal Hill ApartmentsS1Studio,1BA$1,259
GramercyVerde (1.10 A)1BR,1BA$1,305
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,332
Carmel CenterBrookline1BR,1BA$1,345

Best Value Apartments for Rent in Cherry Creek Enclave, IN

As of April 07, 2025 the best value apartment in the Cherry Creek Enclave area is the $1.85 price per square foot Sydney Model at Overture at Proscenium Apartments in the in the Beacon Point neighborhood starting from $2,402. The second greatest value Cherry Creek Enclave apartment is the Bolt Model at Tempo At Grand Park starting at $2,399 with a $1.85 price per square foot in the Pebble Brook neighborhood. Here is today’s list of the best values for Cherry Creek Enclave apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Overture at Proscenium ApartmentsSydney2BR,2BA$1.85
Tempo At Grand ParkBolt3BR,2BA$1.85
Governor Square2 bedroom 2 bathroom Renovated2BR,2BA$1.33
Redwood Noblesville Webster DriveDriftwood2BR,2BA$1.69
Park Lane Apartments7183B2 2x1.5 Townhome (1056 sqft)2BR,1.5BA$1.99
GramercyVerde (1.10 A)1BR,1BA$1.72
BridgewaterThe Beeson1BR,1BA$1.87
Flats at SwitchExpress I1BR,1BA$1.88
Cottages at Sanders Glen7177A21BR,1BA$1.89
Carmel CenterAllston1BR,1BA$2.00

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Frequently Asked Questions about Cherry Creek Enclave

What type of rentals are currently available in Cherry Creek Enclave?

There are currently 34 Apartments for Rent in Cherry Creek Enclave, IN with pricing that ranges from $1,180 to $6,201. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Creek Enclave ranging from $1,700 to $3,000.

What is the current price range for Rental Homes in Cherry Creek Enclave?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cherry Creek Enclave ranges from $1,700 to $3,000 with an average monthly rent of $2,319.

How much are larger Three and Four Bedroom Rentals in Cherry Creek Enclave?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cherry Creek Enclave range from $1,658 to $5,716, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,415.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.