
Cheap Apartments for Rent in the Fall Creek Place Neighborhood of Indianapolis, IN from $300 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fall Creek Place area of Indianapolis.


The Sheldrake Apartments

The Parkview
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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 | $1,310 | $370 | $1,760 |
Fall Creek Place 1 Bedroom Apartments | $1,692 | $398 | $3,525 |
Fall Creek Place 2 Bedroom Apartments | $2,071 | $483 | $4,320 |
Fall Creek Place 3 Bedroom Apartments | $3,084 | $1,635 | $4,040 |
Fall Creek Place 4 Bedroom Apartments | $600 | $600 | $600 |
Browse Apartments in this Neighborhood
There are currently 6 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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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Stella | Rigel 30% | 1BR,1BA | $398 |
St. James | One Bedroom - Sublevel | 1BR,1BA | $980 |
Morton School Senior Apartments | Studio 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
The Parkview | 1 Bedrooms | 1BR,1BA | $1.46 |
The Grounds | The Chic | 1BR,1BA | $2.41 |
2131 North | One Bedroom | 1BR,1BA | $1.64 |
Vivio on Tenth | 1x1-706 | 1BR,1BA | $1.96 |
The Marott Apartments | Churchill | 1BR,1BA | $2.14 |
St. James | One Bedroom - Sublevel | 1BR,1BA | $1.63 |
Wesmont | Studio - Bumping on Sunset | Studio ,1BA | $2.17 |
Morton School Senior Apartments | Studio 60% | Studio ,1BA | $2.14 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFall Creek Place, Indianapolis, IN
Ranked #79
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,399.
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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