Cheap Apartments for Rent in the Fletcher Place Neighborhood of Indianapolis, IN from $600 (75 Rentals)

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

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1338 Barth Ave
$1,200 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,600
Total Monthly Price
$1,200 - $1,600
1 to 2 Bedroom Apartment Available Now

1338 Barth Ave

1338 Barth AveIndianapolis, IN 46203
Affordability

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Volrath
Studio to 2 Bedroom Apartments

Volrath

118 Palmer StIndianapolis, IN 46225
Student Housing
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550 Fletcher Ave
1 to 3 Bedroom Apartments

550 Fletcher Ave

550 Fletcher AveIndianapolis, IN 46203

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Fletcher Place, Indianapolis, IN Local Guide

Cheapest Available Fletcher Place Apartments for Rent

 

The cheapest available apartment rental in the Fletcher Place area of Indianapolis, IN is a 1 Bed unit found at Volrath priced from $825. The Davlan has the second lowest priced unit, which is a 2 Beds apartment currently listed from $846. Here are the most affordable Fletcher Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Volrath1BR/1.0BA1BR,1BA$825
The Davlan2-12BR,1BA$846
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$899
Indy Downtown Colonial Apartments1 Bedroom 1 Bath - 469701BR,1BA$955
Line LoftsThe Inspiraton 50%2BR,1BA$1,014
Canal SquareA1 Arch Upgrade1BR,1BA$1,099
Lofts on MadisonStudioStudio,1BA$1,099
Artistry IndyCamille1BR,1BA$1,111
The VueSTUDIO APARTMENTStudio,1BA$1,205

Best Value Apartments for Rent in Fletcher Place, IN

As of June 08, 2026 the best value apartment in the Fletcher Place area is the $1.49 price per square foot 4 Beds, 4 Baths Model at 818-820 S Union St in the in the Concord neighborhood starting from $3,900. The second greatest value Fletcher Place apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,639 with a $1.49 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Fletcher Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
818-820 S Union St4 Beds, 4 Baths4BR,4BA$1.49
The Block3 Bedroom 2 Bath3BR,2BA$1.49
Maxwell ApartmentsChicago2BR,2BA$1.43
Forte Apartments2 Bedroom- D Style2BR,2BA$1.77
Line LoftsThe Inspiraton 50%2BR,1BA$1.09
The Davlan2-12BR,1BA$0.95
The VueONE BEDROOM APARTMENT1BR,1BA$1.71
Lofts on MadisonStudioStudio ,1BA$1.63
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$1.44
Volrath1BR/1.0BA1BR,1BA$1.38

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Your 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Indiana and customized analysis for Central Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fletcher Place Apartments

What is a cheap apartment in Fletcher Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fletcher Place is under $1,205.

What is the price of a cheap apartment in Fletcher Place?

The cheapest apartment in Fletcher Place is Volrath which is listed at $825, while the average apartment in Fletcher Place costs $14,153.

What types of apartments are the cheapest in Fletcher 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 28 regular apartments in Fletcher 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 Fletcher Place?

Cheap apartments in Fletcher Place have an average cost of $363 which is $13,790 cheaper than the average rent for all rentals in Fletcher Place.

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.

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