
Cheap Apartments for Rent in the Fall Creek Place Neighborhood of Indianapolis, IN from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fall Creek Place area of Indianapolis.


2131 North

The Marott Apartments
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.

The Sheldrake Apartments

The Parkview
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.
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 | $1,153 | $595 | $1,517 |
Fall Creek Place 1 Bedroom Apartments | $1,519 | $750 | $2,050 |
Fall Creek Place 2 Bedroom Apartments | $1,823 | $900 | $2,617 |
Fall Creek Place 3 Bedroom Apartments | $2,756 | $1,400 | $3,919 |
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 Parkview priced from $1,100. The Marott Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Fall Creek Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Parkview | 1 Bedrooms | 1BR,1BA | $1,100 |
The Marott Apartments | Hope | 1BR,1BA | $1,275 |
The Grounds | The Taffeta | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Fall Creek Place, IN
As of September 25, 2025 the best value apartment in the Fall Creek Place area is the $1.61 price per square foot F Model at Townhomes at Fall Creek Place in the in the Near North Indianapolis neighborhood starting from $1,626. The second greatest value Fall Creek Place apartment is the Two Bed One Bath Model at 2131 North starting at $1,400 with a $1.41 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. |
---|---|---|---|
Townhomes at Fall Creek Place | F | 2BR,1BA | $1.61 |
2131 North | Two Bed One Bath | 2BR,1BA | $1.41 |
2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B | 2147 North Pennsylvania Street | 2BR,1BA | $1.78 |
The Parkview | 1 Bedrooms | 1BR,1BA | $1.46 |
The Marott Apartments | Hoover | 1BR,1BA | $2.19 |
The Grounds | The Taffeta | 1BR,1BA | $2.47 |
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Pet Friendly LifestyleFall Creek Place, Indianapolis, IN
Ranked #173
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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
How much is rent for a Cheap One Bedroom Fall Creek Place Apartment?
The lowest price for a Cheap One Bedroom Fall Creek Place Apartment is $1,100 at The Parkview.
What is the lowest price for a Cheap Two Bedroom Fall Creek Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fall Creek Place is starting from $1,400 at 2131 North.
What is the most affordable Fall Creek Place Three Bedroom Apartment?
The best deal on a cheap Fall Creek Place Three Bedroom Apartment rental is at The Grounds and starts from $3,919.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.