
Cheap Apartments for Rent in the I 69 Fall Creek Neighborhood of Indianapolis, IN from $800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the I 69 Fall Creek area of Indianapolis.


M Club Apartments

Timber Point Apartments

Lake Castleton Apartments

Benjamin Court

Veridian Castleton
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The Masters Apartments

Parkside at Castleton Square Apartments and Townhomes

The Residences on 56th Street

Avery Point Apartments

Waterside at Castleton

Bayview Club Apartments
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Woods of Castleton

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TGM Shadeland Station

The Fort Apartments

The Otis at Fort Ben Apartments

Metropolitan Fishers
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Wellington Place
I 69 Fall Creek, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in I 69 Fall Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| I 69 Fall Creek Studio Apartments | $1,050 | $878 | $1,425 |
| I 69 Fall Creek 1 Bedroom Apartments | $1,237 | $835 | $2,149 |
| I 69 Fall Creek 2 Bedroom Apartments | $1,447 | $890 | $2,965 |
| I 69 Fall Creek 3 Bedroom Apartments | $1,785 | $1,170 | $2,738 |
| I 69 Fall Creek 4 Bedroom Apartments | $1,435 | $1,420 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the I 69 Fall Creek Neighborhood of Indianapolis, IN.
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I 69 Fall Creek, Indianapolis, IN Local Guide
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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 1 Bed unit found at M Club Apartments priced from $835. Timber Point Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here are the most affordable I 69 Fall Creek apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| M Club Apartments | A1 | 1BR,1BA | $835 |
| Timber Point Apartments | The Bonelli | 2BR,2BA | $865 |
| Lake Castleton Apartments | Congressional | 1BR,1BA | $896 |
| Benjamin Court | One Bedroom One Bath | 1BR,1BA | $944 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in I 69 Fall Creek, IN
As of December 27, 2025 the best value apartment in the I 69 Fall Creek area is the $1.15 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,428. The second greatest value I 69 Fall Creek apartment is the Maplebrook Model at Metropolitan Fishers starting at $1,414 with a $1.41 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.15 |
| Metropolitan Fishers | Maplebrook | 2BR,2BA | $1.41 |
| Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
| The Masters Apartments | Two Bedroom - Pinehurst II | 2BR,1BA | $1.35 |
| Wellington Place | Heritage | 1BR,1BA | $1.48 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $1.08 |
| Avery Point Apartments | The Spring | 1BR,1BA | $1.48 |
| The Residences on 56th Street | Brookhaven | 1BR,1BA | $1.56 |
| Parkside at Castleton Square Apartments and Townhomes | One Bedroom | 1BR,1BA | $1.54 |
| M Club Apartments | S1 | Studio ,1BA | $1.60 |
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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 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 LifestyleI 69 Fall Creek, Indianapolis, IN
Ranked #121
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in I 69 Fall Creek, Indianapolis, IN
Mary Evelyn Castle Elementary School
School data provided by Great Schools
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 $1,123.
What is the price of a cheap apartment in I 69 Fall Creek?
The cheapest apartment in I 69 Fall Creek is M Club Apartments which is listed at $835, while the average apartment in I 69 Fall Creek costs $1,645.
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 17 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 $111 which is $1,534 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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!