5042 Melrose Ave
IndianapolisIN46241
Cheap Homes for Rent in the Park Fletcher Neighborhood of Indianapolis, IN from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Fletcher area of Indianapolis.
5221 Melrose Ave
IndianapolisIN46241
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$1,650Studio Apartments Available Now
Furnished Studio-Indianapolis - Airport
2730 Fortune Cir WIndianapolis, IN 46241
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$1,650Studio Apartments Available Now
Furnished Studio-Indianapolis - Airport - W. Southern Ave.
5350 W Southern AveIndianapolis, IN 46241
Rent According to Income: A Look at Income-Restricted Rentals
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3223 Southwest Dr
IndianapolisIN46241
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Park Fletcher, Indianapolis, IN Local Guide
How much does it cost to rent a home in Park Fletcher?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Fletcher 3 Bedroom Homes for Rent | $1,712 | $1,420 | $1,990 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| The Oasis | The Quartz | 1BR,1BA | $984 |
| Ashton Pointe | One Bedroom Apartment | 1BR,1BA | $989 |
Best Value Apartments for Rent in Park Fletcher, IN
As of July 27, 2026 the best value apartment in the Park Fletcher area is the $1.44 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the Speedway Wellhead neighborhood starting from $1,605. The second greatest value Park Fletcher apartment is the Edinburgh Model at Alpine Studios starting at $1,478 with a $1.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.44 |
| Alpine Studios | Edinburgh | 2BR,2BA | $1.58 |
| Aspen Pointe Apartments | Spring | 1BR,1BA | $1.52 |
| Windsor Park | 2 Bedroom Apartment: The Yorkshire | 2BR,1BA | $1.80 |
| Plaza at Central Greens | One Bedroom B150 | 1BR,1BA | $1.70 |
| The Oasis | The Quartz | 1BR,1BA | $1.47 |
| Suncrest | Mirage | 1BR,1BA | $1.54 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.74 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
Frequently Asked Questions about Park Fletcher
What type of rentals are currently available in Park Fletcher?
There are currently 29 Apartments for Rent in Park Fletcher, IN with pricing that ranges from $750 to $1,650. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Fletcher ranging from $1,420 to $1,990.
What is the current price range for Rental Homes in Park Fletcher?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Fletcher ranges from $1,420 to $1,990 with an average monthly rent of $1,712.
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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