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Monon Place II (Modern), Managed By Buckingham Monon Living
1111 E 61St Street, Indianapolis, IN 46220- Studio
- $1,380+
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Frequently Asked Questions
What are the advantages of renting a studio apartment in Woodland Springs, Carmel, IN?
Studio apartments in Woodland Springs, Carmel, IN tend to be more affordable than other apartments and they have lower utility costs.
What are the downsides of renting a studio apartment in Woodland Springs, Carmel, IN?
One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Woodland Springs, Carmel, IN.
Woodland Springs, Carmel, IN Demographics
- Total Population38,942
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Female 18,872Male 20,070
- Median Age41.3
In total, Woodland Springs, Carmel, IN has 38,942 residents, 20,070 women and 18,872 men, per U.S. Census recent estimates. Statistics show that the median age of Woodland Springs’s population is 41.3.
Average Rent in Woodland Springs, Carmel, IN
- Woodland Springs, Carmel, IN Average Rental Price, May 2022 $1,385 /mo
The average monthly rent for an apartment in Woodland Springs, Carmel, IN is around $1,385.
Woodland Springs, Carmel, IN Apartment Rent Ranges
A share of 7% of apartments in Woodland Springs, Carmel, IN have the cheapest rents between $701-$1,000. Around 4% of rentals are in the most expensive price range of > $2,000. Around 71% of Woodland Springs’s apartments have monthly rents between $1,001-$1,500. There are 19% of apartments with rents between $1,501-$2,000.
Woodland Springs, Carmel, IN Rent Trends
Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
---|---|---|---|---|---|---|---|---|---|---|
Woodland Springs, Carmel, IN | $1,105 | $1,194 | $1,192 | $1,182 | $1,172 | $1,219 | $1,249 | $1,343 | $1,442 | $1,385 |
National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
The national average price of rental apartments is $1,628, while the average monthly rent in Woodland Springs, Carmel, IN is $1,385.
Check out the average rent in Carmel.
Woodland Springs, Carmel, IN Households
- Total Number of Households13,908
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Family 11,477Non-family 2,431
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Children 5,828No Children 8,080
- Average People Per Household2.8
- Median Household Income$135,087
- Median Housing Costs Per Month$1,661
There is a total of 13,908 households in Woodland Springs, Carmel, IN. Of these, 5,828 have children and 8,080 are without children. Per Census Bureau’s most current estimates, 11,477 family households and 2,431 non-family households live in this area. The size of a household in Woodland Springs is 2.8 people, on average. The median household annual income in Woodland Springs equals $135,087, and the monthly housing costs equal $1,661.
Woodland Springs, Carmel, IN Education Statistics
According to data from the U.S. Census Bureau, of the population in Woodland Springs, Carmel, IN have no high school education, 10% went to high-school, and 17% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 41% hold a Bachelor Degree, and 27% hold a Graduate Degree.
Renting a studio apartment in Woodland Springs, Carmel, IN
Sometimes renting a studio apartment means being able to live in the coolest part of town. So, if you’re looking to find a small apartment in Woodland Springs, Carmel, IN, you can start by browsing about 25 Woodland Springs, Carmel, IN properties, and one of the 50 units will be “the one” for you. Speaking of which, there’s a fine selection of single bedroom apartments, renting from $359. So, if you want to save money and you are looking for something more affordable, you’re sure to find a cheap studio. If it sounds too good to be true, it isn’t. Sort your results by rent, ascending, and the lowest-priced apartments will appear at the top of your list. If you can’t decide on size, keep in mind that the average size of a studio apartment is about 910 Sq.Ft.. Sure, most of these apartments are small with the kitchen in the main room, but they bring many hidden benefits, like less space to heat up in the winter or cool down in the summer. Finding an efficiency apartment in your favorite neighborhood is easy and fast, and maybe the best decision you’ve ever made. Your new apartment will transform you into an efficient multi-tasker. Because everything is located in your close proximity, you’ll never have to waste any time looking for things you’ve forgotten in another room.
Bachelor flats: A small change, a big difference
“Go small or go home” might be the next big thing in real estate, but if you’re not ready to commit to this philosophy, you should know that there are many more options for you to choose from. If you want a small apartment with a separate kitchen, you can opt for a bachelor flat. These units tend to be a bit more expensive, even more than an average one room apartment, renting for up to $3,052 per month. Even though you will spend a little extra, on the long term, a bachelor flat might be a better fit for your lifestyle, especially if you tend to use the kitchen a lot. Regardless of your preferences, among the 25 apartmentsre in Woodland Springs, Carmel, IN, you’re sure to find your next studio.