Cheap Homes for Rent in Fletcher Place Neighborhood of Indianapolis, IN from $800 (13 Rentals)

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

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1439 S East St

$1,425

2 Bedroom Rentals

Available Now

1439 S East St

IndianapolisIN46225

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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 $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
Line LoftsThe Inspiraton 50%2BR,1BA$1,014
Lofts on MadisonStudio, 1 bathStudio,1BA$1,050

Best Value Apartments for Rent in Fletcher Place, IN

As of June 22, 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 $2,879 with a $1.63 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$1.63
Maxwell ApartmentsAthens2BR,2BA$1.46
City's EndMoscow 1.1 + Den1BR,1BA$1.70
Line LoftsThe Intuition 60%2BR,1BA$1.36
1338 Barth Ave1338 Barth Ave2BR,2BA$1.78
The Davlan2-12BR,1BA$0.95
Penn Street Tower ApartmentsSt. Clair: Floors 10-121BR,1BA$1.76
Madison Lofts1 Bedroom 1 Bathroom1BR,1BA$1.44
Volrath1BR/1.0BA1BR,1BA$1.38

Frequently Asked Questions about Fletcher Place

What type of rentals are currently available in Fletcher Place?

There are currently 133 Apartments for Rent in Fletcher Place, IN with pricing that ranges from $725 to $11,859. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fletcher Place ranging from $865 to $4,750.

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 $865 to $4,750 with an average monthly rent of $2,009.

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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