
Cheap Homes for Rent in Deer Creek Neighborhood of Indianapolis, IN from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Deer Creek area of Indianapolis.


4308 N Vinewood Ave

5209 Tufton Dr

5227 Austral Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

6616 Bridger Ct

4807 Countrybrook Ln

6741 Apollo Way

6314 Commons Dr
Deer Creek - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Deer Creek, Indianapolis, IN Local Guide

How much does it cost to rent a home in Deer Creek?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Deer Creek 2 Bedroom Homes for Rent | $1,475 | $1,350 | $1,600 |
Deer Creek 3 Bedroom Homes for Rent | $1,902 | $1,350 | $2,370 |
Deer Creek 4 Bedroom Homes for Rent | $2,206 | $1,940 | $2,380 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Deer Creek Neighborhood of Indianapolis, IN.
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Deer Creek, Indianapolis, IN Local Guide
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Cheapest Available Deer Creek Apartments for Rent
 The cheapest available apartment rental in the Deer Creek area of Indianapolis, IN is a 1 Bed unit found at Covered Bridge priced from $700. Cambridge Commons has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here are the most affordable Deer Creek apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Covered Bridge | One Bedroom One Bath | 1BR,1BA | $700 |
Cambridge Commons | Studio | Studio,1BA | $709 |
Rosewood Commons | Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Deer Creek, IN
As of April 24, 2025 the best value apartment in the Deer Creek area is the $1.27 price per square foot 3 BEDROOM | 2 BATHROOM A Model at The Life at Wood Springs in the in the Timberview neighborhood starting from $1,604. The second greatest value Deer Creek apartment is the Canadian Upgraded Model at EAGLE CHASE APARTMENTS starting at $1,507 with a $1.38 price per square foot in the Timberview neighborhood. Here is today’s list of the best values for Deer Creek apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Life at Wood Springs | 3 BEDROOM | 2 BATHROOM A | 3BR,2BA | $1.27 |
EAGLE CHASE APARTMENTS | Canadian Upgraded | 2BR,2BA | $1.38 |
Deercross Apartments | Oak | 2BR,2BA | $1.38 |
The Abby | The Berkshire | 2BR,2BA | $1.39 |
Covered Bridge | Two Bedroom One Bath | 2BR,1BA | $1.20 |
The Woods of Eagle Creek | The Creek: One Bedroom Apartment | 1BR,1BA | $1.37 |
Lake Camelot Apartments | 1 Bedroom Garden | 1BR,1BA | $1.25 |
Abney Lake | 1 Bedroom Fireplace | 1BR,1BA | $1.25 |
Aspen Chase | One Bedroom One Bath | 1BR,1BA | $1.36 |
Woodhaven Park | One Bedroom One Bath | 1BR,1BA | $1.30 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Deer Creek
What type of rentals are currently available in Deer Creek?
There are currently 43 Apartments for Rent in Deer Creek, IN with pricing that ranges from $597 to $4,030. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deer Creek ranging from $1,350 to $2,380.
What is the current price range for Rental Homes in Deer Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deer Creek ranges from $1,350 to $2,380 with an average monthly rent of $1,861.
How much are larger Three and Four Bedroom Rentals in Deer Creek?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Deer Creek range from $1,434 to $2,540, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,370. Four Bedroom Single-Family rentals are also available starting from $1,940 and Four Bedroom Apartments start at $1,695.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.