
Cheap Homes for Rent in Fletcher Place Neighborhood of Indianapolis, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Fletcher Place area of Indianapolis.


117 E Palmer St

471 N State Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

340 Prospect St

3 E Washington St

1413 E Washington St

906 Laurel St

1329 E Market St

336 Prospect St
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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1718 Southeastern Ave

2 E Washington St

501 Madison 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 | $2,125 | $899 | $4,000 |
Fletcher Place 3 Bedroom Homes for Rent | $2,108 | $1,145 | $3,995 |
Fletcher Place 4 Bedroom Homes for Rent | $2,843 | $1,545 | $4,000 |
Fletcher Place 5 Bedroom Homes for Rent | $2,585 | $2,475 | $2,695 |
Fletcher Place 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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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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 The Continental Towers at Vermont Place priced from $899. Devonshire Apartments in Downtown Indianapolis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here are the most affordable Fletcher Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Continental Towers at Vermont Place | Continental - Willard | 1BR,1BA | $899 |
Devonshire Apartments in Downtown Indianapolis | 1BR/1.0BA | 1BR,1BA | $990 |
Lofts on Madison | Studio | Studio,1BA | $999 |
Indy Colonial Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,000 |
Maxwell Apartments | Milan | Studio,1BA | $1,016 |
Best Value Apartments for Rent in Fletcher Place, IN
As of September 09, 2025 the best value apartment in the Fletcher Place area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value Fletcher Place apartment is the M Model at Wheeler Lofts starting at $1,871 with a $1.26 price per square foot in the Concord 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 | $1.08 |
Wheeler Lofts | M | 2BR,1BA | $1.26 |
Pinnex | C1 | 3BR,2BA | $1.71 |
The Block | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
1641 E Michigan St, Unit B | 1641 E Michigan St | 2BR,1BA | $1.45 |
Penn Street Tower Apartments | Wabash: Floors 02-07 | 1BR,1BA | $1.67 |
Lockerbie Flats | Studio | Studio ,1BA | $1.62 |
Madison Lofts | The Flat 1x1 | 1BR,1BA | $1.44 |
Lofts on Madison | Studio | Studio ,1BA | $1.67 |
Maxwell Apartments | Milan | Studio ,1BA | $1.76 |
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Pet Friendly LifestyleFletcher Place, Indianapolis, IN
Ranked #21
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 122 Apartments for Rent in Fletcher Place, IN with pricing that ranges from $830 to $8,717. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fletcher Place ranging from $599 to $6,000.
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 $599 to $6,000 with an average monthly rent of $2,553.
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 $1,450 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,145 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $8,717.
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.