Cheap Apartments for Rent in the Springmill Ridge Neighborhood of Carmel, IN from $900 (32 Rentals)

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

Cheap Apartments in the Springmill Ridge area of Carmel.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
close
View Me
Penn Circle
1 to 2 Bedroom Apartments

Penn Circle

12415 N Pennsylvania StCarmel, IN 46032

Springmill Ridge, Carmel, IN Local Guide

Cheapest Available Springmill Ridge Apartments for Rent

 

The cheapest available apartment rental in the Springmill Ridge area of Indianapolis, IN is a 1 Bed unit found at MAIN STREET priced from $1,121. Highpointe on Meridian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,196. Here are the most affordable Springmill Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
MAIN STREETThe Walnut1BR,1BA$1,121
Highpointe on MeridianU1 Bear - 1.11BR,1BA$1,196
Carmel WoodsThe Cypress1BR,1BA$1,233
GramercyVerde (1.10 A)1BR,1BA$1,300
Providence at Old Meridian1 Bdrm Extension -Renovated1BR,1BA$1,304
Governor SquareDurbin - Renovated1BR,1BA$1,315
Alexandria of Carmel ApartmentsThe Independence 1 BR 1 BA1BR,1BA$1,336
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,340
Wentworth at WestClay CondominiumsOxford1BR,1BA$1,343
Carmel CenterBrookline1BR,1BA$1,345

Best Value Apartments for Rent in Springmill Ridge, IN

As of May 06, 2025 the best value apartment in the Springmill Ridge area is the $1.01 price per square foot Three Bedroom TH Model at Woodland Springs Apartment Homes in the in the Spring Mill neighborhood starting from $1,810. The second greatest value Springmill Ridge apartment is the Durbin - Renovated Model at Governor Square starting at $1,310 with a $1.46 price per square foot in the Spring Mill neighborhood. Here is today’s list of the best values for Springmill Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Springs Apartment HomesThree Bedroom TH3BR,2.5BA$1.01
Governor SquareDurbin - Renovated1BR,1BA$1.46
Mezz 42Accapella (7175A2 1x1 - 890 sqft)1BR,1BA$1.72
Park Lane Apartments7183B3 2x2 (876 sqft)2BR,2BA$1.71
The Village on Spring MillPurcell - 1 bed 1 bath - Renovated1BR,1BA$1.68
OLD TOWN ON THE MONONFoster1BR,1BA$1.62
Carmel WoodsThe Cypress1BR,1BA$1.54
GramercyVerde (1.10 A)1BR,1BA$1.71
MAIN STREETThe Walnut1BR,1BA$1.72
Carmel Landing Apartment Homes1-Garden1BR,1BA$1.71

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

Pet Friendly Lifestyle
Springmill Ridge, Carmel, IN

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Indiana including Springmill Ridge, Carmel, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Springmill Ridge Apartments

How much is rent for a Cheap One Bedroom Springmill Ridge Apartment?

The lowest price for a Cheap One Bedroom Springmill Ridge Apartment is $1,108 at Carmel Landing Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Springmill Ridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Springmill Ridge is starting from $1,280 at Carmel Woods.

What is the most affordable Springmill Ridge Three Bedroom Apartment?

The best deal on a cheap Springmill Ridge 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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.