
Cheap Apartments for Rent in the Fall Creek Place Neighborhood of Indianapolis, IN from $500 (13 Rentals)
Cheap Apartments in the Fall Creek Place area of Indianapolis.


2043 N Talbott St

The Parkview

1 W 28th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2049 Ruckle St

Canal Square

Circa Apartments

2131 North
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.

9 on Canal

Wesmont

2060 N Delaware St
Fall Creek Place - 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!
Fall Creek Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Fall Creek Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fall Creek Place Studio Apartments | $1,418 | $585 | $3,684 |
Fall Creek Place 1 Bedroom Apartments | $1,747 | $740 | $3,962 |
Fall Creek Place 2 Bedroom Apartments | $2,564 | $900 | $9,608 |
Fall Creek Place 3 Bedroom Apartments | $3,006 | $1,350 | $5,624 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Fall Creek Place Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Fall Creek Place, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fall Creek Place Apartments for Rent
 The cheapest available apartment rental in the Fall Creek Place area of Indianapolis, IN is a 1 Bed unit found at The Parkview priced from $1,000. Morton School Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,090. Here are the most affordable Fall Creek Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Parkview | Studios | 1BR,1BA | $1,000 |
Morton School Senior Apartments | Studio 60% | Studio,1BA | $1,090 |
Canal Square | Arch | 1BR,1BA | $1,117 |
Circa Apartments | Arch | Studio,1BA | $1,163 |
Wesmont | Studio - Bumping on Sunset | Studio,1BA | $1,249 |
Best Value Apartments for Rent in Fall Creek Place, IN
As of May 07, 2025 the best value apartment in the Fall Creek Place area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at The Block in the in the Riley neighborhood starting from $1,539. The second greatest value Fall Creek Place apartment is the 2BR/2BA + Den - D Model at Industry Indianapolis starting at $4,255 with a $3.15 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Fall Creek Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
Industry Indianapolis | 2BR/2BA + Den - D | 2BR,2BA | $3.15 |
The Parkview | 1 Bedrooms | 1BR,1BA | $1.46 |
The Grounds | The Chic | 1BR,1BA | $2.41 |
Cosmopolitan on the Canal | Chicago | Studio ,1BA | $2.14 |
Circa Apartments | Historic Loft B | 1BR,1BA | $2.54 |
The Marott Apartments | Hoover | 1BR,1BA | $2.19 |
Wesmont | Studio - Bumping on Sunset | Studio ,1BA | $2.17 |
Morton School Senior Apartments | Studio 60% | Studio ,1BA | $2.14 |
Canal Square | Arch | 1BR,1BA | $2.31 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleFall Creek Place, Indianapolis, IN
Ranked #71
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Fall Creek Place Neighborhood in Indianapolis, IN
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
75 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
51 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Fall Creek Place Apartments
What is the Cheapest Studio apartment in Fall Creek Place?
Currently the most affordable Cheap Studio Apartment in Fall Creek Place is at Morton School Senior Apartments listed at $1,090.
How much is rent for a Cheap One Bedroom Fall Creek Place Apartment?
The lowest price for a Cheap One Bedroom Fall Creek Place Apartment is $1,000 at The Parkview.
What is the lowest price for a Cheap Two Bedroom Fall Creek Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fall Creek Place is starting from $1,465 at The Marott Apartments.
What is the most affordable Fall Creek Place Three Bedroom Apartment?
The best deal on a cheap Fall Creek Place Three Bedroom Apartment rental is at 220 Meridian and starts from $3,902.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.