
Cheap Apartments for Rent in the I 69 Fall Creek Neighborhood of Indianapolis, IN from $800 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the I 69 Fall Creek area of Indianapolis.


8027 N Richardt Ave

Total Monthly Price
M Club Apartments

Benjamin Court

Timber Point Apartments

Total Monthly Price
Lake Castleton Apartments

Avery Point Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Waterside at Castleton

Veridian Castleton

The Residences on 56th

Parkside at Castleton Square Apartments and Townhomes

The Masters Apartments

TGM Shadeland Station

Woods of Castleton
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The Otis at Fort Ben Apartments

Bayview Club Apartments

Harrison Place Apartments

The Fort Apartments

Encore Binford

6066 S Bay Dr

7074 Sea Oats Ln
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Metropolitan Fishers

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 | $1,089 | $831 | $1,935 |
| I 69 Fall Creek 1 Bedroom Apartments | $1,294 | $944 | $2,451 |
| I 69 Fall Creek 2 Bedroom Apartments | $1,491 | $975 | $2,883 |
| I 69 Fall Creek 3 Bedroom Apartments | $1,834 | $1,185 | $3,132 |
| I 69 Fall Creek 4 Bedroom Apartments | $1,485 | $1,485 | $1,485 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the I 69 Fall Creek Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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 Benjamin Court priced from $944. Timber Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable I 69 Fall Creek apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Benjamin Court | One Bedroom One Bath | 1BR,1BA | $944 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $950 |
| M Club Apartments | A1 | 1BR,1BA | $957 |
| Lake Castleton Apartments | Congressional | 1BR,1BA | $980 |
| Avery Point Apartments | Jade | 1BR,1BA | $1,003 |
Best Value Apartments for Rent in I 69 Fall Creek, IN
As of April 15, 2026 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 Lenox Model at Wellington Place starting at $1,591 with a $1.46 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 |
| Wellington Place | Lenox | 2BR,2BA | $1.46 |
| Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
| Metropolitan Fishers | Deerbrook | 1BR,1BA | $1.42 |
| Avery Point Apartments | The Spring | 1BR,1BA | $1.40 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.31 |
| The Residences on 56th | Brookhaven | 1BR,1BA | $1.56 |
| TGM Shadeland Station | A1 | 1BR,1BA | $1.64 |
| The Masters Apartments | One Bedroom - Augusta II | 1BR,1BA | $1.63 |
| M Club Apartments | A1 | 1BR,1BA | $1.47 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
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 the Cheapest Studio apartment in I 69 Fall Creek?
Currently the most affordable Cheap Studio Apartment in I 69 Fall Creek is at Lake Castleton Apartments listed at $1,031.
How much is rent for a Cheap One Bedroom I 69 Fall Creek Apartment?
The lowest price for a Cheap One Bedroom I 69 Fall Creek Apartment is $944 at Benjamin Court.
What is the lowest price for a Cheap Two Bedroom I 69 Fall Creek Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in I 69 Fall Creek is starting from $1,104 at Veridian Castleton.
What is the most affordable I 69 Fall Creek Three Bedroom Apartment?
The best deal on a cheap I 69 Fall Creek Three Bedroom Apartment rental is at Timber Point Apartments and starts from $1,160.
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
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.

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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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Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.