117 E Palmer St
IndianapolisIN46225
Cheap Homes for Rent in Fletcher Place Neighborhood of Indianapolis, IN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Fletcher Place area of Indianapolis.
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IndianapolisIN46225
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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 | $1,918 | $995 | $4,000 |
| Fletcher Place 3 Bedroom Homes for Rent | $2,208 | $1,295 | $3,520 |
| Fletcher Place 4 Bedroom Homes for Rent | $2,493 | $1,900 | $3,999 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Fletcher Place Neighborhood of Indianapolis, IN.
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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 $649. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Volrath | **Free Month of Rent ** 128 E Palmer St - Studio | 1BR,1BA | $649 |
| The Davlan | 2-1 | 2BR,1BA | $846 |
| Devonshire Apartments | 1BR/1.0BA | 1BR,1BA | $890 |
Best Value Apartments for Rent in Fletcher Place, IN
As of March 23, 2026 the best value apartment in the Fletcher Place area is the $0.97 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,750. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoemaker Building | loft | 2BR,2BA | $0.97 |
| The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.49 |
| Line Lofts | The Intuition 60% | 2BR,1BA | $1.36 |
| The Davlan | 2-1 | 2BR,1BA | $0.95 |
| The E'Laan | The Vonnegut | 1BR,1BA | $1.53 |
| Maxwell Apartments | Madrid | 1BR,1BA | $1.36 |
| Penn Street Tower | Wabash: Floors 13-15 | 1BR,1BA | $1.65 |
| Lofts on Madison | Studio | Studio ,1BA | $1.63 |
| Madison Lofts | The Flat 1x1 | 1BR,1BA | $1.44 |
| Volrath | 0BR/1.0BA | Studio ,1BA | $1.29 |
Frequently Asked Questions about Fletcher Place
What type of rentals are currently available in Fletcher Place?
There are currently 124 Apartments for Rent in Fletcher Place, IN with pricing that ranges from $649 to $15,480. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fletcher Place ranging from $550 to $4,000.
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 $550 to $4,000 with an average monthly rent of $1,981.
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 $1,550 to $7,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,520. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $4,394.
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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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.