Cheap Apartments for Rent in the Park Fletcher Neighborhood of Indianapolis, IN from $400 (14 Rentals)

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

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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included

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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.

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Valley Brook MHC
3 to 4 Bedroom Apartments

Valley Brook MHC

4620 S High School RdIndianapolis, IN 46241
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Central State Mansion
1 to 3 Bedroom Apartments

Central State Mansion

202 Steeples BlvdIndianapolis, IN 46222
Student Housing
  • Utilities Included
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Remington on Rockville
1 to 3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
  • Utilities Included
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Deerfield Acres
3 Bedroom Apartments

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221
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The Oasis
1 to 3 Bedroom Apartments

The Oasis

4900 Edinborough LnIndianapolis, IN 46241

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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. The Oasis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $984. Here are the most affordable Park Fletcher apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
The OasisThe Quartz1BR,1BA$984
Ashton PointeOne Bedroom Apartment1BR,1BA$1,003
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1,058
Aspen Pointe ApartmentsSpring1BR,1BA$1,120

Best Value Apartments for Rent in Park Fletcher, IN

As of June 22, 2026 the best value apartment in the Park Fletcher area is the $1.46 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the Speedway Wellhead neighborhood starting from $1,620. The second greatest value Park Fletcher apartment is the Edinburgh Model at Alpine Studios starting at $1,399 with a $1.49 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Park Fletcher apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.46
Alpine StudiosEdinburgh2BR,2BA$1.49
SuncrestStarburst1BR,1BA$1.50
Windsor Park2 Bedroom Apartment: The Yorkshire2BR,1BA$1.80
Plaza at Central GreensOne Bedroom B1501BR,1BA$1.70
The OasisThe Quartz1BR,1BA$1.47
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1.74
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45
Aspen Pointe ApartmentsHickoryStudio ,1BA$1.83

Frequently Asked Questions about Cheap Park Fletcher Apartments

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 $1,761.

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 29 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 $450 which is $1,311 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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