
Cheap Homes for Rent in Deer Creek Neighborhood of Indianapolis, IN from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Deer Creek area of Indianapolis.


6340 Commons Dr

5707 Gateway Dr

4530 Village Ct

5260 Pin Oak Dr

5256 Penway St
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4240 Village Parkway Cir E

6771 Stanhope Way

3961 Bonn Dr

5829 Democracy Dr

3903 Bonn Dr

5227 Austral Dr
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5028 Clarkson Dr
Deer Creek, Indianapolis, IN Local Guide

How much does it cost to rent a home in Deer Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deer Creek 2 Bedroom Homes for Rent | $1,512 | $1,300 | $1,650 |
| Deer Creek 3 Bedroom Homes for Rent | $1,905 | $1,450 | $2,410 |
| Deer Creek 4 Bedroom Homes for Rent | $2,286 | $1,850 | $2,620 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Deer Creek Neighborhood of Indianapolis, IN.
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Deer Creek, Indianapolis, IN Local Guide
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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 $709. The Life at Northwest Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $709. Here are the most affordable Deer Creek apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Commons | Studio | Studio,1BA | $709 |
| The Life at Northwest Gardens | 1 BED 1 BATH | 1BR,1BA | $709 |
| Cambridge Commons | Studio | Studio,1BA | $755 |
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $780 |
| Scarborough Lake Apartments | The Sunset 1 BR 1 BA | 1BR,1BA | $808 |
Best Value Apartments for Rent in Deer Creek, IN
As of March 07, 2026 the best value apartment in the Deer Creek area is the $1.32 price per square foot 3 BEDROOM | 2 BATHROOM Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,628. The second greatest value Deer Creek apartment is the WILLOW Model at The Life at Creekside Reserve starting at $1,500 with a $1.29 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Deer Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM | 3BR,2BA | $1.32 |
| The Life at Creekside Reserve | WILLOW | 3BR,1.5BA | $1.29 |
| Covered Bridge | Three Bedroom Two Bath | 3BR,2BA | $1.21 |
| The Woods of Eagle Creek | The Den: Two Bedroom Townhome | 2BR,1.5BA | $1.35 |
| The Abby | The Berkshire | 2BR,2BA | $1.38 |
| Woodbrook | The Elm | 2BR,1.5BA | $1.39 |
| Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.16 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.36 |
| Cross Creek Apartments | Mariner | 1BR,1BA | $1.38 |
| The Life at Northwest Gardens | 1 BED 1 BATH | 1BR,1BA | $1.29 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleYour 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
Read ArticleQuick 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.
Best Local Schools in Deer Creek, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Deer Creek
What type of rentals are currently available in Deer Creek?
There are currently 43 Apartments for Rent in Deer Creek, IN with pricing that ranges from $597 to $2,400. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deer Creek ranging from $1,300 to $2,620.
What is the current price range for Rental Homes in Deer Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deer Creek ranges from $1,300 to $2,620 with an average monthly rent of $1,901.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.