Cheap Homes for Rent in Spring Mill Neighborhood of Carmel, IN from $1,300 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-21, 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 Highpointe on Meridian priced from $1,118. The Gallery has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here are the most affordable Spring Mill apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,118
The GalleryDali1BR,1BA$1,149
MAIN STREETThe MapleStudio,1BA$1,164
Carmel WoodsThe Cypress1BR,1BA$1,233
Wentworth at WestClayBristolStudio,1BA$1,250

Best Value Apartments for Rent in Spring Mill, IN

As of April 12, 2025 the best value apartment in the Spring Mill area is the $1.66 price per square foot Carnegie Model at OLD TOWN ON THE MONON in the in the Beacon Point neighborhood starting from $3,229. The second greatest value Spring Mill apartment is the Sydney Model at Overture at Proscenium Apartments starting at $2,402 with a $1.85 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.
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.66
Overture at Proscenium ApartmentsSydney2BR,2BA$1.85
Governor Square2 bedroom 2 bathroom Renovated2BR,2BA$1.33
Flats at Spring Mill StationThe Monon2BR,2BA$1.61
Highpointe on MeridianD2 Lincoln - 2.22BR,2BA$1.78
Mezz 42Accapella (7175A2 1x1 - 890 sqft)1BR,1BA$1.72
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.74
Carmel WoodsThe Cypress1BR,1BA$1.54
GramercyVerde (1.10 A)1BR,1BA$1.73
Cottages at Sanders Glen7177A21BR,1BA$1.89

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Spring Mill

What type of rentals are currently available in Spring Mill?

There are currently 60 Apartments for Rent in Spring Mill, IN with pricing that ranges from $1,141 to $4,173. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Mill ranging from $1,399 to $5,495.

What is the current price range for Rental Homes in Spring Mill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Mill ranges from $1,399 to $5,495 with an average monthly rent of $2,675.

How much are larger Three and Four Bedroom Rentals in Spring Mill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Spring Mill range from $1,608 to $4,173, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $4,600. Four Bedroom Single-Family rentals are also available starting from $2,425 and Four Bedroom Apartments start at $2,515.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.