Cheap Homes for Rent in Fall Creek Place Neighborhood of Indianapolis, IN from $700 (11 Rentals)

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

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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 St. James priced from $980. The Parkview has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Fall Creek Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
St. JamesOne Bedroom - Sublevel1BR,1BA$980
The Parkview5012BR,2BA$1,100
The Marott ApartmentsHope1BR,1BA$1,315
The GroundsThe Luxe1BR,1BA$1,349
Townhomes at Fall Creek PlaceE2BR,1BA$1,585

Best Value Apartments for Rent in Fall Creek Place, IN

As of November 03, 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 2147 North Pennsylvania Street Model at 2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B starting at $1,645 with a $1.73 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
2147 North Pennsylvania Street, Unit 2147 N Pennsylvania St. Unit B2147 North Pennsylvania Street2BR,1BA$1.73
The Parkview3041BR,1BA$1.46
The Marott ApartmentsHoover1BR,1BA$2.19
The GroundsThe Taffeta1BR,1BA$2.44
St. JamesOne Bedroom - Sublevel1BR,1BA$1.96

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Pet Friendly Lifestyle
Fall Creek Place, Indianapolis, IN

Ranked #151

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $6,293. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fall Creek Place ranging from $799 to $3,100.

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 $799 to $3,100 with an average monthly rent of $2,367.

How much are larger Three and Four Bedroom Rentals in Fall Creek Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fall Creek Place range from $1,550 to $3,729, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,330 to $2,950. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $6,293.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.