
Cheap Apartments for Rent in the Fletcher Place Neighborhood of Indianapolis, IN from $800 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fletcher Place area of Indianapolis.


Devonshire Apartments in Downtown Indianapolis

1354 Shelby St

Edge 35

Five Twenty Virginia

Lockerbie Flats

937-939 Church St

126 E Vermont St

537 Fletcher Ave, Unit 4

Canal Overlook Apartments

Canal Square

Maxwell Apartments

Artistry Indy

The Assembly

Lockerbie Lofts

The E'Laan

Gathyr Apartments

Lofts on Madison

Rise on Meridian

333 Penn Apartments

The Leo

Pinnex

Mozzo apartments

406 N Delaware St

1005 Sanders St

Slate Apartments

Forte Apartments

Industry Indianapolis

The Continental Towers at Vermont Place

Penn Street Tower Apartments

CityWay

360 Market Square

Pulliam Square

Union Square

1302 Pleasant St, Unit B

625 Orange St

1361 Madison Ave

1316 Madison Ave

Ardmore Apartments

Hinge Apartments
Fletcher Place, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Fletcher Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fletcher Place Studio Apartments | $1,502 | $1,045 | $3,170 |
Fletcher Place 1 Bedroom Apartments | $1,768 | $830 | $3,646 |
Fletcher Place 2 Bedroom Apartments | $2,484 | $1,200 | $7,610 |
Fletcher Place 3 Bedroom Apartments | $3,206 | $1,999 | $8,137 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 1 mile radius of the Fletcher Place Neighborhood of Indianapolis, IN.
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Fletcher Place, Indianapolis, IN Local Guide
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Cheapest Available Fletcher Place Apartments for Rent
 The cheapest available apartment rental in the Fletcher Place area of Indianapolis, IN is a 2 Beds unit found at Line Lofts priced from $962. Five Twenty Virginia has the second lowest priced unit, which is a Studio apartment currently listed from $1,065. Here are the most affordable Fletcher Place apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Line Lofts | The Inspiration 60% HOME | 2BR,1BA | $962 |
Five Twenty Virginia | D | Studio,1BA | $1,065 |
Lockerbie Flats | Studio | Studio,1BA | $1,095 |
Edge 35 | S3 | Studio,1BA | $1,149 |
The Assembly | Cylinder - Workforce | 1BR,1BA | $1,175 |
Artistry Indy | Edie (EcoSuite) | Studio,1BA | $1,176 |
Lofts on Madison | Studio | Studio,1BA | $1,199 |
Rise on Meridian | The Amelia | Studio,1BA | $1,205 |
Canal Square | Arch II | 1BR,1BA | $1,269 |
Best Value Apartments for Rent in Fletcher Place, IN
As of March 30, 2025 the best value apartment in the Fletcher Place area is the $1.14 price per square foot 352 N Arsenal Ave Model at 352 N Arsenal Ave in the in the Riley neighborhood starting from $2,050. The second greatest value Fletcher Place apartment is the 3 Bedroom 2 Bath Model at The Block starting at $2,199 with a $1.24 price per square foot in the Riley neighborhood. Here is today’s list of the best values for Fletcher Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
352 N Arsenal Ave | 352 N Arsenal Ave | 3BR,1.5BA | $1.14 |
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
The Pointe on Mass | Renovated Park Avenue | 2BR,2BA | $1.63 |
The Continental Towers at Vermont Place | Turnverein 308 - Townhome | 2BR,1.5BA | $1.72 |
Penn Street Tower Apartments | Senate | 2BR,1BA | $1.37 |
Line Lofts | The Inspiration 60% | 2BR,1BA | $1.42 |
The E'Laan | The Vonnegut II | 1BR,1BA | $1.60 |
Lockerbie Flats | Studio | Studio ,1BA | $1.43 |
The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1.75 |
537 Fletcher Ave, Unit 4 | 537 Fletcher Ave | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFletcher Place, Indianapolis, IN
Ranked #13
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Indiana and customized analysis for Central Indianapolis, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Fletcher Place Neighborhood in Indianapolis, IN
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
59 / 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 Fletcher Place Apartments
What is the Cheapest Studio apartment in Fletcher Place?
Currently the most affordable Cheap Studio Apartment in Fletcher Place is at Five Twenty Virginia listed at $1,065.
How much is rent for a Cheap One Bedroom Fletcher Place Apartment?
The lowest price for a Cheap One Bedroom Fletcher Place Apartment is $1,175 at The Assembly.
What is the lowest price for a Cheap Two Bedroom Fletcher Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fletcher Place is starting from $962 at Line Lofts.
What is the most affordable Fletcher Place Three Bedroom Apartment?
The best deal on a cheap Fletcher Place Three Bedroom Apartment rental is at Pinnex and starts from $1,999.
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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.