Cheap Apartments for Rent in the Fall Creek Place Neighborhood of Indianapolis, IN from $300 (6 Rentals)

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

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St. James
1 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
  • Utilities Included

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

Cheapest Available Fall Creek Place Apartments for Rent

 

The cheapest available apartment rental in the Fall Creek Place area of Indianapolis, IN is a 1 Bed unit found at The Stella priced from $398. St. James has the second lowest priced unit, which is a 1 Bed apartment currently listed from $980. Here are the most affordable Fall Creek Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StellaRigel 30%1BR,1BA$398
St. JamesOne Bedroom - Sublevel1BR,1BA$980
Morton School Senior ApartmentsStudio 60%Studio,1BA$1,090

Best Value Apartments for Rent in Fall Creek Place, IN

As of June 12, 2025 the best value apartment in the Fall Creek Place area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Fall Creek Place apartment is the F Model at Townhomes at Fall Creek Place starting at $1,626 with a $1.61 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Fall Creek Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
The Parkview1 Bedrooms1BR,1BA$1.46
The GroundsThe Chic1BR,1BA$2.41
2131 NorthOne Bedroom1BR,1BA$1.64
Vivio on Tenth1x1-7061BR,1BA$1.96
The Marott ApartmentsChurchill1BR,1BA$2.14
St. JamesOne Bedroom - Sublevel1BR,1BA$1.63
WesmontStudio - Bumping on SunsetStudio ,1BA$2.17
Morton School Senior ApartmentsStudio 60%Studio ,1BA$2.14

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Pet Friendly Lifestyle
Fall Creek Place, Indianapolis, IN

Ranked #79

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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 $1,399.

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 $2,764.

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 29 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 $600 which is $2,164 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.

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