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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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.

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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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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 $994. 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 Jasper1BR,1BA$994
Ashton PointeOne Bedroom Apartment1BR,1BA$996
Covington SquareOne Bedroom One Bath1BR,1BA$1,029
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1,049

Best Value Apartments for Rent in Park Fletcher, IN

As of January 26, 2026 the best value apartment in the Park Fletcher area is the $1.57 price per square foot The Sapphire Model at The Oasis in the in the Airport District neighborhood starting from $1,609. The second greatest value Park Fletcher apartment is the Arbor Model at Aspen Pointe Apartments starting at $1,200 with a $1.47 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.
The OasisThe Sapphire3BR,2BA$1.57
Aspen Pointe ApartmentsArbor2BR,1BA$1.47
SuncrestStarburst1BR,1BA$1.56
Alpine StudiosCervinia1BR,1BA$1.70
Covington SquareOne Bedroom One Bath1BR,1BA$1.42
Ashton PointeOne Bedroom Apartment1BR,1BA$1.42
Mann Village Apartments1 Bedroom Apartment1BR,1BA$1.72
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$1.45

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 $1,650.

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 24 regular apartments in Park Fletcher that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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