Cheap Apartments for Rent in the Fletcher Place Neighborhood of Indianapolis, IN from $800 (66 Rentals)

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Cheap Apartments in the Fletcher Place area of Indianapolis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Fletcher Place - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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property at 1210 Dawson St

1210 Dawson St

IndianapolisIN46203
property at 103 N State Ave

103 N State Ave

IndianapolisIN46201
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Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
  • Utilities Included
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1354 Shelby St
1 Bedroom Apartments

1354 Shelby St

1354 Shelby StIndianapolis, IN 46203
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520 E Washington St
Studio to 2 Bedroom Apartments

520 E Washington St

520 E Washington StIndianapolis, IN 46204
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Ohio Street TownHomes
1 to 3 Bedroom Apartments

Ohio Street TownHomes

1052 E Ohio StIndianapolis, IN 46202
  • Utilities Included
Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at Line Lofts priced from $962. Lofts on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable Fletcher Place apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Lofts on MadisonStudioStudio,1BA$1,099
Canal SquareArch1BR,1BA$1,117
Edge 35S2Studio,1BA$1,159
The VueSTUDIO APARTMENTStudio,1BA$1,172
The AssemblyCylinder - Workforce1BR,1BA$1,175
Gathyr ApartmentsBatesStudio,1BA$1,199
Indy Colonial ApartmentsOne Bedroom1BR,1BA$1,200
Rise on MeridianThe AmeliaStudio,1BA$1,205

Best Value Apartments for Rent in Fletcher Place, IN

As of May 03, 2025 the best value apartment in the Fletcher Place area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Fletcher Place apartment is the Park Avenue Model at The Pointe on Mass starting at $2,470 with a $1.63 price per square foot in the Near North Indianapolis 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.
The Block3 Bedroom 2 Bath3BR,2BA$1.24
The Pointe on MassPark Avenue2BR,2BA$1.63
Penn Street Tower ApartmentsSenate: Floors 10-122BR,1BA$1.37
Wheeler LoftsT1BR,1BA$1.79
405 Sanders St, Unit A405 Sanders St2BR,1BA$1.35
Line LoftsThe Intuition 60%2BR,1BA$1.42
Lockerbie Flats1 Bedroom1BR,2BA$1.48
The E'LaanThe Vonnegut II1BR,1BA$1.65
The VueONE BEDROOM APARTMENT1BR,1BA$1.76
949 Prospect St, Unit Up949 Prospect St2BR,1BA$1.59

Quick 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.

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Pet Friendly Lifestyle
Fletcher Place, Indianapolis, IN

Ranked #13

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Fletcher Place Neighborhood in Indianapolis, IN

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

59 / 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 Fletcher Place Apartments

What is the Cheapest Studio apartment in Fletcher Place?

Currently the most affordable Cheap Studio Apartment in Fletcher Place is at Lofts on Madison listed at $1,099.

How much is rent for a Cheap One Bedroom Fletcher Place Apartment?

The lowest price for a Cheap One Bedroom Fletcher Place Apartment is $1,117 at Canal Square.

What is the lowest price for a Cheap Two Bedroom Fletcher Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fletcher Place is starting from $962 at Line Lofts.

What is the most affordable Fletcher Place Three Bedroom Apartment?

The best deal on a cheap Fletcher Place Three Bedroom Apartment rental is at The Block and starts from $2,199.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.