
Cheap Apartments for Rent in the Park Fletcher Neighborhood of Indianapolis, IN from $494 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Fletcher area of Indianapolis.


Alpine Studios

Suncrest

Abbey Apartments - Affordable Senior Housing

Ashgrove Apartments

Addison Creek

Aspen Pointe Apartments
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Park Fletcher, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Park Fletcher?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Fletcher Studio Apartments | $1,137 | $750 | $1,800 |
| Park Fletcher 1 Bedroom Apartments | $1,053 | $778 | $1,249 |
| Park Fletcher 2 Bedroom Apartments | $1,317 | $945 | $1,478 |
| Park Fletcher 3 Bedroom Apartments | $1,516 | $1,249 | $1,576 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Park Fletcher Neighborhood of Indianapolis, IN.
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Cheapest Available Park Fletcher Apartments for Rent
 The cheapest available apartment rental in the Park Fletcher area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. Covington Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Park Fletcher apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR, 1BA | $778 |
| Covington Square | One Bedroom One Bath | 1BR, 1BA | $949 |
| Alpine Studios | Oslo | Studio, 1BA | $975 |
| Ashton Pointe | One Bedroom Apartment | 1BR, 1BA | $975 |
| The Oasis | The Quartz | 1BR, 1BA | $984 |
Best Value Apartments for Rent in Park Fletcher, IN
As of September 23, 2026 the best value apartment in the Park Fletcher area is the $1.44 price per square foot Two Bedroom Townhome Model at Ashton Pointe in the Speedway Wellhead neighborhood starting from $1,442. The second greatest value Park Fletcher apartment is the Arbor W/D Model at Aspen Pointe Apartments in the Airport District neighborhood starting at $1,275 with a $1.57 price per square foot. Here is today’s list of the best values for Park Fletcher apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ashton Pointe | Two Bedroom Townhome | 2BR, 1.5BA | $1.44 |
| Aspen Pointe Apartments | Arbor W/D | 2BR, 1BA | $1.57 |
| The Oasis | The Quartz | 1BR, 1BA | $1.47 |
| Suncrest | Mirage | 1BR, 1BA | $1.62 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR, 1BA | $1.74 |
| Windsor Park | 1 Bedroom Apartment: The Abbey | 1BR, 1BA | $1.85 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR, 1BA | $1.45 |
| Alpine Studios | Oslo | Studio, 1BA | $1.85 |
Frequently Asked Questions about Cheap Park Fletcher Apartments
What is a cheap apartment in Park Fletcher?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Fletcher is under $1,120.
What is the price of a cheap apartment in Park Fletcher?
The cheapest apartment in Park Fletcher is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Park Fletcher costs $1,243.
What types of apartments are the cheapest in Park Fletcher?
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 11 regular apartments in Park Fletcher 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 Park Fletcher?
Cheap apartments in Park Fletcher have an average cost of $323 which is $920 cheaper than the average rent for all rentals in Park Fletcher.
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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