Cheap Apartments for Rent in the Spring Mill Neighborhood of Carmel, IN from $700 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Spring Mill area of Carmel.

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
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Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032
Showing Results 1-28, Page 1 of 1

Spring Mill, Carmel, IN Local Guide

Cheapest Available Spring Mill Apartments for Rent

 

The cheapest available apartment rental in the Spring Mill area of Indianapolis, IN is a 1 Bed unit found at Carmel Landing Apartment Homes priced from $1,104. MAIN STREET has the second lowest priced unit, which is a Studio apartment currently listed from $1,164. Here are the most affordable Spring Mill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Carmel Landing Apartment HomesGarden A11BR,1BA$1,104
MAIN STREETThe MapleStudio,1BA$1,164
Wentworth at WestClayBristolStudio,1BA$1,199
Carmel WoodsThe Cypress1BR,1BA$1,233
Carmel CenterAllston1BR,1BA$1,299
GramercyVerde (1.10 A)1BR,1BA$1,300
Penn CircleA21BR,1BA$1,302
Overture at Proscenium ApartmentsScotStudio,1BA$1,319
The Union at Grand JunctionMidlandStudio,1BA$1,319
Providence at Old Meridian1B1B Beacon Hill - Renovated1BR,1BA$1,324

Best Value Apartments for Rent in Spring Mill, IN

As of March 14, 2025 the best value apartment in the Spring Mill area is the $1.03 price per square foot 7 E Pine Ridge Dr Model at 7 E Pine Ridge Dr in the in the Beacon Point neighborhood starting from $2,185. The second greatest value Spring Mill apartment is the Carnegie Model at OLD TOWN ON THE MONON starting at $3,254 with a $1.67 price per square foot in the Beacon Point neighborhood. Here is today’s list of the best values for Spring Mill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7 E Pine Ridge Dr7 E Pine Ridge Dr3BR,2.5BA$1.03
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.67
17117 Futch Way17117 Futch Way3BR,2.5BA$1.25
3148 Springmeadow Ln3148 Springmeadow Ln3BR,2.5BA$1.22
Lakes of CarmelLarge Two Bedroom2BR,2BA$1.26
911 Knottingly Way911 Knottingly Way3BR,2BA$1.52
Woodland Springs Apartment HomesTwo Bedroom2BR,2BA$1.16
Governor Square1 bedroom 1 bath Renovated1BR,1BA$1.51
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.69
Carmel WoodsThe Cypress1BR,1BA$1.54

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Pet Friendly Lifestyle
Spring Mill, Carmel, IN

Ranked #6

Among neighborhoods in Carmel, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Spring Mill, Carmel, IN

School data provided by Great Schools

Best Local Schools in
Spring Mill, Carmel, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas 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 searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Spring Mill Apartments

What is the Cheapest Studio apartment in Spring Mill?

Currently the most affordable Cheap Studio Apartment in Spring Mill is at MAIN STREET listed at $1,164.

How much is rent for a Cheap One Bedroom Spring Mill Apartment?

The lowest price for a Cheap One Bedroom Spring Mill Apartment is $1,104 at Carmel Landing Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Spring Mill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spring Mill is starting from $1,389 at Carmel Woods.

What is the most affordable Spring Mill Three Bedroom Apartment?

The best deal on a cheap Spring Mill 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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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.