
Cheap Homes for Rent in Deer Creek Neighborhood of Indianapolis, IN from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Deer Creek area of Indianapolis.


5362 Falcon Ln
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4470 Village Ln

4540 Village Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,396 | $1,199 | $1,550 |
Deer Creek 3 Bedroom Homes for Rent | $1,851 | $1,275 | $2,500 |
Deer Creek 4 Bedroom Homes for Rent | $2,174 | $1,715 | $2,680 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Deer Creek, IN
As of September 03, 2025 the best value apartment in the Deer Creek area is the $1.32 price per square foot Canadian Model at EAGLE CHASE APARTMENTS in the in the Timberview neighborhood starting from $1,444. The second greatest value Deer Creek apartment is the 2 BEDROOM | 2 BATHROOM B Model at The Life at Wood Springs starting at $1,395 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
EAGLE CHASE APARTMENTS | Canadian | 2BR,2BA | $1.32 |
The Life at Wood Springs | 2 BEDROOM | 2 BATHROOM B | 2BR,2BA | $1.35 |
Park at Eagle Creek | Hawthorn | 2BR,1BA | $1.34 |
Pier 39 Apartments & Townhomes | One Bedroom One Bathroom | 1BR,1BA | $1.42 |
Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.21 |
Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.43 |
Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.18 |
Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
Wylde at Eagle Creek | Eagles Nest | 1BR,1BA | $1.43 |
Cambridge Commons | One Bed One Bath | 1BR,1BA | $1.43 |
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.
Pet Friendly LifestyleDeer Creek, Indianapolis, IN
Ranked #111
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deer Creek ranging from $1,199 to $2,680.
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 $1,199 to $2,680 with an average monthly rent of $1,807.
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.

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 Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.