
Cheap Homes for Rent in Fall Creek Place Neighborhood of Indianapolis, IN from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Fall Creek Place area of Indianapolis.


2060 N Delaware St, Unit Apt 10

2060 N Delaware St

2060 N Delaware St, Unit Apt 3

2124 Broadway St

538 W 29th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

538 W 29th St

2901 N Talbott St

2049 Alabama St

2133 N Talbott St

2645 N College Ave, Unit A, Unit A

2830 N Park Ave
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 a home in Fall Creek Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fall Creek Place 2 Bedroom Homes for Rent | $1,908 | $1,099 | $2,650 |
| Fall Creek Place 3 Bedroom Homes for Rent | $2,114 | $1,349 | $2,800 |
| Fall Creek Place 4 Bedroom Homes for Rent | $3,000 | $2,800 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 St. James priced from $940. The Delaware Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Fall Creek Place apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St. James | One Bedroom - Sublevel | 1BR,1BA | $940 |
| The Delaware Apartments | Cedar | Studio,1BA | $1,175 |
| The Grounds | The Jazz | Studio,1BA | $1,299 |
| The Marott Apartments | Hoover | 1BR,1BA | $1,335 |
Best Value Apartments for Rent in Fall Creek Place, IN
As of April 24, 2026 the best value apartment in the Fall Creek Place area is the $2.60 price per square foot Churchill Model at The Marott Apartments in the in the Martindale neighborhood starting from $1,695. The second greatest value Fall Creek Place apartment is the The Dazzle Model at The Grounds starting at $1,445 with a $2.29 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 Marott Apartments | Churchill | 1BR,1BA | $2.60 |
| The Grounds | The Dazzle | 1BR,1BA | $2.29 |
| St. James | One Bedroom - Sublevel | 1BR,1BA | $1.57 |
| The Delaware Apartments | Cedar | Studio ,1BA | $2.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleFall Creek Place, Indianapolis, IN
Ranked #176
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Fall Creek Place
What type of rentals are currently available in Fall Creek Place?
There are currently 44 Apartments for Rent in Fall Creek Place, IN with pricing that ranges from $595 to $6,221. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fall Creek Place ranging from $1,075 to $3,200.
What is the current price range for Rental Homes in Fall Creek Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fall Creek Place ranges from $1,075 to $3,200 with an average monthly rent of $2,166.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.