Cheap 1 Bedroom Apartments for Rent in the Fall Creek Place Neighborhood of Indianapolis, IN from $398 (5 Rentals)

The Sheldrake Apartments
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.

2060 N Delaware St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Fall Creek Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Fall Creek Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fall Creek Place Studio Apartments | $1,321 | $370 | $1,755 |
Fall Creek Place 1 Bedroom Apartments | $1,707 | $398 | $3,525 |
Fall Creek Place 2 Bedroom Apartments | $2,082 | $483 | $4,320 |
Fall Creek Place 3 Bedroom Apartments | $2,966 | $1,600 | $4,040 |
Fall Creek Place 4 Bedroom Apartments | $550 | $550 | $550 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Fall Creek Place Neighborhood of Indianapolis, IN.
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Fall Creek Place, Indianapolis, IN Local Guide
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Quick Rent Budget Calculator
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Getting Around the Fall Creek Place Neighborhood in Indianapolis, IN
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
75 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
51 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Fall Creek Place Apartments
What is a cheap apartment in Fall Creek Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fall Creek Place is under $1,425.
What is the price of a cheap apartment in Fall Creek Place?
The cheapest apartment in Fall Creek Place is St. James which is listed at $980, while the average apartment in Fall Creek Place costs $2,779.
What types of apartments are the cheapest in Fall Creek Place?
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 27 regular apartments in Fall Creek Place 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 Fall Creek Place?
Cheap apartments in Fall Creek Place have an average cost of $335 which is $2,444 cheaper than the average rent for all rentals in Fall Creek Place.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.