Cheap Apartments for Rent in the Fall Creek Place Neighborhood of Indianapolis, IN from $500 (6 Rentals)

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

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.

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St. James
Studio to 2 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
The Parkview1 Bedrooms1BR,1BA$1,100
The Marott ApartmentsHope1BR,1BA$1,275
The GroundsThe Taffeta1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Fall Creek PlaceF2BR,1BA$1.61
2131 NorthTwo Bed One Bath2BR,1BA$1.41
2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B2147 North Pennsylvania Street2BR,1BA$1.78
The Parkview1 Bedrooms1BR,1BA$1.46
The Marott ApartmentsHoover1BR,1BA$2.19
The GroundsThe Taffeta1BR,1BA$2.47

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Pet Friendly Lifestyle
Fall Creek Place, Indianapolis, IN

Ranked #173

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
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

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.