Cheap Apartments for Rent in the I 69 Fall Creek Neighborhood of Indianapolis, IN from $815 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the I 69 Fall Creek area of Indianapolis.

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Lake Castleton Apartments
Rent Specials
$815 - $1,501
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Total Monthly Price

Base Rent
$815 - $1,501
Total Monthly Price
$815 - $1,501
Studio to 2 Bedroom Apartments Available Now

Lake Castleton Apartments

7601 Carlton Arms DrIndianapolis, IN 46256
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M Club Apartments
$857 - $1,956
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Total Monthly Price

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$857 - $1,956
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Studio to 2 Bedroom Apartments Available Now

M Club Apartments

7007 Courthouse DrIndianapolis, IN 46226
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property at 9339 Embers Way

$1,655

Total Monthly Price

Total Monthly Price

Base Rent
$1,655
Total Monthly Price
$1,655

4 Bedroom, 2.5 Bath Home for Rent

Available Oct 1

9339 Embers Way

IndianapolisIN46250
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The Fort Apartments
1 to 3 Bedroom Apartments

The Fort Apartments

9230 Memorial Park DrIndianapolis, IN 46216

I 69 Fall Creek - 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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Showing Results 1-26, Page 1 of 1

I 69 Fall Creek, Indianapolis, IN Local Guide

Cheapest Available I 69 Fall Creek Apartments for Rent

 

The cheapest available apartment rental in the I 69 Fall Creek area of Indianapolis, IN is a Studio unit found at Lake Castleton Apartments priced from $815. Timber Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable I 69 Fall Creek apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Lake Castleton ApartmentsJacksonStudio,1BA$815
Timber Point ApartmentsThe Ayers1BR,1BA$845
M Club ApartmentsA11BR,1BA$857
Benjamin CourtOne Bedroom One Bath1BR,1BA$944
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1,030
Avery Point ApartmentsEmerald1BR,1BA$1,037
Woods of Castleton1 bed/1 bath Up1BR,1BA$1,045
The Residences on 56thBrendonwood1BR,1BA$1,050
TGM Shadeland StationA11BR,1BA$1,099
Harrison Place ApartmentsTyndale1BR,1BA$1,102

Best Value Apartments for Rent in I 69 Fall Creek, IN

As of August 29, 2026 the best value apartment in the I 69 Fall Creek area is the $1.18 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,470. The second greatest value I 69 Fall Creek apartment is the Lenox Model at Wellington Place starting at $1,656 with a $1.52 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for I 69 Fall Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Veridian CastletonB4 - Townhome2BR,1.5BA$1.18
Wellington PlaceLenox2BR,2BA$1.52
The Masters ApartmentsTwo Bedroom - Muirfield II2BR,2BA$1.31
Benjamin CourtTwo Bedroom Two Baths2BR,2BA$1.43
Waterside at Castleton2x12BR,1BA$1.50
Timber Point ApartmentsThe Ayers1BR,1BA$1.16
Avery Point ApartmentsEmerald1BR,1BA$1.44
Woods of Castleton1 bed/1 bath Down1BR,1BA$1.52
The Residences on 56thBrendonwood1BR,1BA$1.53
Parkside at Castleton Square Apartments and TownhomesOne Bedroom1BR,1BA$1.54

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Best Local Schools in
I 69 Fall Creek, Indianapolis, IN

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including I 69 Fall Creek, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap I 69 Fall Creek Apartments

What is a cheap apartment in I 69 Fall Creek?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in I 69 Fall Creek is under $1,102.

What is the price of a cheap apartment in I 69 Fall Creek?

The cheapest apartment in I 69 Fall Creek is Timber Point Apartments which is listed at $840, while the average apartment in I 69 Fall Creek costs $1,315.

What types of apartments are the cheapest in I 69 Fall Creek?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in I 69 Fall Creek that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in I 69 Fall Creek?

Cheap apartments in I 69 Fall Creek have an average cost of $134 which is $1,181 cheaper than the average rent for all rentals in I 69 Fall Creek.

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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