Cheap Apartments for Rent in the Springmill Ridge Neighborhood of Carmel, IN from $900 (30 Rentals)

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

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Twin Lakes Apartments
1 to 3 Bedroom Apartments

Twin Lakes Apartments

616 Ransburg Dr SCarmel, IN 46032
  • Utilities Included
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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 The Gallery priced from $1,149. MAIN STREET has the second lowest priced unit, which is a Studio apartment currently listed from $1,164. Here are the most affordable Springmill Ridge apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The GalleryDali1BR,1BA$1,149
MAIN STREETThe MapleStudio,1BA$1,164
Carmel WoodsThe Cypress1BR,1BA$1,233
Wentworth at WestClayBristolStudio,1BA$1,250
Highpointe on MeridianU2 Blackburn - 1.11BR,1BA$1,259
Providence at Old Meridian1 Bdrm Extension -Renovated1BR,1BA$1,264
GramercyVerde (1.10 A)1BR,1BA$1,305
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,333
Carmel CenterBrookline1BR,1BA$1,345
OLD TOWN ON THE MONONFoster1BR,1BA$1,354

Best Value Apartments for Rent in Springmill Ridge, IN

As of April 17, 2025 the best value apartment in the Springmill Ridge 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 Springmill Ridge apartment is the Zenith Model at Sunrise on the Monon starting at $2,427 with a $1.49 price per square foot in the Nora 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.
OLD TOWN ON THE MONONCarnegie3BR,2.5BA$1.66
Sunrise on the MononZenith3BR,2BA$1.49
Overture at Proscenium ApartmentsSydney2BR,2BA$1.85
Governor Square2 bedroom 2 bathroom Renovated2BR,2BA$1.28
Mezz 42Accapella (7175A2 1x1 - 890 sqft)1BR,1BA$1.72
The Seasons of CarmelCambridge1BR,1BA$1.89
The Village on Spring MillVerdi - 1 bed 1 bath - Renovated1BR,1BA$1.77
Carmel WoodsThe Cypress1BR,1BA$1.54
The OliviaBudapest1BR,1BA$1.92
GramercyVerde (1.10 A)1BR,1BA$1.72

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Pet Friendly Lifestyle
Springmill Ridge, Carmel, IN

Ranked #5

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
Springmill Ridge, Carmel, IN

School data provided by Great Schools

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

What is the Cheapest Studio apartment in Springmill Ridge?

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

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

The lowest price for a Cheap One Bedroom Springmill Ridge Apartment is $1,149 at The Gallery.

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 $1,366 at MAIN STREET.

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.

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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.