
Cheap Homes for Rent in Deer Creek Neighborhood of Indianapolis, IN from $1,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Deer Creek area of Indianapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

6033 Wingedfoot Ct, Unit Wingedfoot Court
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.
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 3 Bedroom Homes for Rent | $1,853 | $1,400 | $2,270 |
| Deer Creek 4 Bedroom Homes for Rent | $2,406 | $1,850 | $2,765 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 June 06, 2026 the best value apartment in the Deer Creek area is the $1.37 price per square foot D1201-M Model at Lakes of Georgetown in the in the Faith Knoll neighborhood starting from $1,641. 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. |
|---|---|---|---|
| Lakes of Georgetown | D1201-M | 3BR,2BA | $1.37 |
| The Life at Creekside Reserve | WILLOW | 3BR,1.5BA | $1.29 |
| The Life at Wood Springs | 2 BEDROOM | 2 BATHROOM B | 2BR,2BA | $1.30 |
| The Abby | The Berkshire | 2BR,2BA | $1.18 |
| Lake Camelot Apartments | 2 Bedroom Garden | 2BR,1BA | $1.04 |
| The Life at Northwest Gardens | 2 BED 1 BATH | 2BR,1BA | $1.22 |
| Covered Bridge | One Bedroom One Bath | 1BR,1BA | $1.21 |
| Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.37 |
| Woodbrook | The Pine | 1BR,1BA | $1.36 |
| Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.38 |
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.
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 ArticleReal 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.
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 42 Apartments for Rent in Deer Creek, IN with pricing that ranges from $709 to $2,516. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deer Creek ranging from $1,400 to $2,765.
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 $1,400 to $2,765 with an average monthly rent of $2,336.
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.