Cheap Apartments for Rent in the Deer Creek Neighborhood of Indianapolis, IN from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Deer Creek area of Indianapolis.

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Wylde at Eagle Creek
Rent Specials
$994 - $2,482
Total Monthly Price

Total Monthly Price

Base Rent
$994 - $2,482
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Wylde at Eagle Creek

6612 Eagle Pointe DrIndianapolis, IN 46254
Corporate Housing
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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included

Deer Creek - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Lake Camelot Apartments
1 to 3 Bedroom Apartments

Lake Camelot Apartments

6475 Excalibur CtIndianapolis, IN 46268
  • Utilities Included
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Oakbrook Village
1 to 3 Bedroom Apartments

Oakbrook Village

6098 Georgetown RdIndianapolis, IN 46254
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Lakes of Georgetown
1 to 3 Bedroom Apartments

Lakes of Georgetown

6335 Sandyside DrIndianapolis, IN 46268
property at 5720 W 41st Pl

$1,350

3 Bedroom Rentals

Available Now

5720 W 41st Pl

IndianapolisIN46254

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Showing Results 1-44, Page 1 of 1

Deer Creek, Indianapolis, IN Local Guide

Cheapest Available Deer Creek Apartments for Rent

 

The cheapest available apartment rental in the Deer Creek area of Indianapolis, IN is a Studio unit found at Rosewood Commons priced from $719. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here are the most affordable Deer Creek apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Rosewood CommonsStudioStudio,1BA$719
Cambridge CommonsStudioStudio,1BA$719
The Life at Wood Springs1 BEDROOM | 1 BATHROOM A1BR,1BA$780
Garden Pointe ApartmentsLily StudioStudio,1BA$795
AnnhurstOne Bed One Bath1BR,1BA$875
Cross Creek ApartmentsTopsider1BR,1BA$890
Woodhaven ParkOne Bedroom One Bath1BR,1BA$899
The Life at Creekside ReserveCEDAR1BR,1BA$900
The George Apartment Homes1Bed/1Bath - Gold1BR,1BA$909
The Life at Northwest Gardens1 BED 1 BATH1BR,1BA$929

Best Value Apartments for Rent in Deer Creek, IN

As of July 28, 2026 the best value apartment in the Deer Creek area is the $1.40 price per square foot B1 Canadian Upgrade Model at Eagle Chase in the in the Timberview neighborhood starting from $1,525. The second greatest value Deer Creek apartment is the 2 BEDROOM | 2 BATHROOM B Model at The Life at Wood Springs starting at $1,342 with a $1.30 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Deer Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle ChaseB1 Canadian Upgrade2BR,2BA$1.40
The Life at Wood Springs2 BEDROOM | 2 BATHROOM B2BR,2BA$1.30
The Woods of Eagle CreekThe Den: Two Bedroom Townhome2BR,1.5BA$1.39
The Life at Creekside ReserveJUNIPER2BR,1.5BA$1.23
Pier 39 Apartments & TownhomesTwo Bedroom Two Bathroom2BR,2BA$1.41
WoodbrookThe Maple2BR,1BA$1.10
Aspen ChaseOne Bedroom One Bath1BR,1BA$1.36
Oakbrook VillageThe Willow 1B 1BB1BR,1BA$1.44
The AbbyThe Abbey1BR,1BA$1.42
Woodhaven ParkOne Bedroom One Bath1BR,1BA$1.38

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Best Local Schools in
Deer Creek, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across Indiana and customized analysis for Northwestern Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, apartment communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Deer Creek Apartments

What is a cheap apartment in Deer Creek?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deer Creek is under $929.

What is the price of a cheap apartment in Deer Creek?

The cheapest apartment in Deer Creek is The Life at Wood Springs which is listed at $780, while the average apartment in Deer Creek costs $2,300.

What types of apartments are the cheapest in Deer Creek?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Deer Creek that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Deer Creek?

Cheap apartments in Deer Creek have an average cost of $185 which is $2,115 cheaper than the average rent for all rentals in Deer Creek.

Expert Rental Resources

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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