
Cheap Homes for Rent in the Fletcher Place Neighborhood of Indianapolis, IN from $850 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Fletcher Place area of Indianapolis.


1737 Terrace Ave

733 Orange St

714 Buchanan St

405 N Walcott St

1523 E Market St

1525 E Market St
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

1523 E Market St

1525 E Market St

1438 S Meridian St

417 N State Ave

903 Palmer St

1238 S State Ave, Unit Apt 4

701 Stevens St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

434 E New York St

624 Lincoln St

415 N Walcott St

1169 Reid Pl

1045 Orange St

1013 E Morris St

1529 S East St
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

1021 S State Ave
Fletcher Place, Indianapolis, IN Local Guide

How much does it cost to rent a home in Fletcher Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fletcher Place 2 Bedroom Homes for Rent | $1,873 | $1,299 | $2,800 |
| Fletcher Place 3 Bedroom Homes for Rent | $2,569 | $1,200 | $10,000+ |
| Fletcher Place 4 Bedroom Homes for Rent | $3,300 | $2,700 | $4,200 |
| Fletcher Place 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Fletcher Place Neighborhood of Indianapolis, IN.
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Fletcher Place, Indianapolis, IN Local Guide
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Best Value Homes for Rent in Fletcher Place, IN
As of September 23, 2026 the best value rental home in the Fletcher Place area is the $0.89 price per square foot 1337 Barth Ave Model at 1337 Barth Ave in the Concord neighborhood starting from $2,200. The second greatest value Fletcher Place rental home is the 1622 English Ave Model at 1622 English Ave in the Fletcher Place neighborhood starting at $2,400 with a $1.33 price per square foot. Here is today’s list of the best values for Fletcher Place homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1337 Barth Ave | 1337 Barth Ave | 3BR, 1BA | $0.89 |
| 1622 English Ave | 1622 English Ave | 3BR, 3BA | $1.33 |
| 918 S State Ave | 918 S State Ave | 3BR, 2.5BA | $1.51 |
| 918 S State Ave | 918 S State Ave | 3BR, 2.5BA | $1.46 |
| 403 E Morris St | 403 E Morris St | 3BR, 2BA | $1.23 |
| 437 Fulton St | 437 Fulton St | 2BR, 1.5BA | $1.46 |
| 1523 E Market St | 1523 E Market St | 2BR, 2BA | $1.00 |
| 1525 E Market St | 1525 E Market St | 2BR, 2BA | $1.00 |
| 1045 Orange St | 1045 Orange St | 3BR, 1BA | $1.30 |
| 1015 Sanders St | 1015 Sanders St | 3BR, 2BA | $1.67 |
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.
Read ArticleNavigating 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.
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 ArticleReal 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.
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 LifestyleFletcher Place, Indianapolis, IN
Ranked #20
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Fletcher Place
What type of rentals are currently available in Fletcher Place?
There are currently 131 Apartments for Rent in Fletcher Place, IN with pricing that ranges from $830 to $16,355. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fletcher Place ranging from $850 to $10,000.
What is the current price range for Rental Homes in Fletcher Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fletcher Place ranges from $850 to $10,000 with an average monthly rent of $2,181.
How much are larger Three and Four Bedroom Rentals in Fletcher Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fletcher Place range from $1,200 to $7,822, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $3,512.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.