Cheap Apartments for Rent in the Fletcher Place Neighborhood of Indianapolis, IN from $800 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fletcher Place area of Indianapolis.

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Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
  • Utilities Included
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Line Lofts
2 Bedroom Apartments

Line Lofts

1145 E Washington StIndianapolis, IN 46202
Senior Living
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Grid
Studio to 2 Bedroom Apartments

Grid

520 E Washington StIndianapolis, IN 46204
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Ohio Street TownHomes
1 to 3 Bedroom Apartments

Ohio Street TownHomes

1052 E Ohio StIndianapolis, IN 46202
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550 Fletcher Ave
2 Bedroom Apartments

550 Fletcher Ave

550 Fletcher AveIndianapolis, IN 46203
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Blacherne Apartments
1 to 2 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
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The Vue
Studio to 2 Bedroom Apartments

The Vue

718 E Georgia StIndianapolis, IN 46202

Fletcher Place, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
Line LoftsThe Inspiration 60% HOME2BR,1BA$962
Five Twenty VirginiaDStudio,1BA$1,065
Lockerbie FlatsStudioStudio,1BA$1,095
Edge 35S3Studio,1BA$1,149
The AssemblyCylinder - Workforce1BR,1BA$1,175
Artistry IndyEdie (EcoSuite)Studio,1BA$1,176
Lofts on MadisonStudioStudio,1BA$1,199
Rise on MeridianThe AmeliaStudio,1BA$1,205
Canal SquareArch II1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
352 N Arsenal Ave352 N Arsenal Ave3BR,1.5BA$1.14
The Block3 Bedroom 2 Bath3BR,2BA$1.24
The Pointe on MassRenovated Park Avenue2BR,2BA$1.63
The Continental Towers at Vermont PlaceTurnverein 308 - Townhome2BR,1.5BA$1.72
Penn Street Tower ApartmentsSenate2BR,1BA$1.37
Line LoftsThe Inspiration 60%2BR,1BA$1.42
The E'LaanThe Vonnegut II1BR,1BA$1.60
Lockerbie FlatsStudioStudio ,1BA$1.43
The VueONE BEDROOM APARTMENT1BR,1BA$1.75
537 Fletcher Ave, Unit 4537 Fletcher Ave1BR,1BA$1.57

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Pet Friendly Lifestyle
Fletcher Place, Indianapolis, IN

Ranked #13

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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.

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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.

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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.