
Cheap Homes for Rent in Fletcher Place Neighborhood of Indianapolis, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Fletcher Place area of Indianapolis.


1329 E Market St

1541 S State Ave

336 Prospect St

340 Prospect St
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.

926 Elm St

1632 Orange St

303 N State Ave

920 Dawson St

1645 Asbury St
Fletcher 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!
Fletcher Place, Indianapolis, IN Local Guide

How much does it cost to rent a home in Fletcher Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fletcher Place 2 Bedroom Homes for Rent | $2,330 | $995 | $4,200 |
Fletcher Place 3 Bedroom Homes for Rent | $2,282 | $1,200 | $6,200 |
Fletcher Place 4 Bedroom Homes for Rent | $2,700 | $2,600 | $2,800 |
Fletcher Place 5 Bedroom Homes for Rent | $2,499 | $2,499 | $2,499 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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. Lofts on Madison has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. 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 |
Lofts on Madison | Studio | Studio,1BA | $1,099 |
Canal Square | Arch | 1BR,1BA | $1,117 |
Best Value Apartments for Rent in Fletcher Place, IN
As of April 29, 2025 the best value apartment in the Fletcher Place area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Fletcher Place apartment is the Park Avenue Model at The Pointe on Mass starting at $2,470 with a $1.63 price per square foot in the Near North Indianapolis 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. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
The Pointe on Mass | Park Avenue | 2BR,2BA | $1.63 |
The Continental Towers at Vermont Place | Turnverein 313- Townhome | 2BR,1.5BA | $1.63 |
Penn Street Tower Apartments | Senate: Floors 10-12 | 2BR,1BA | $1.37 |
405 Sanders St, Unit A | 405 Sanders St | 2BR,1BA | $1.35 |
Line Lofts | The Intuition 60% | 2BR,1BA | $1.42 |
Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
The E'Laan | The Vonnegut II | 1BR,1BA | $1.65 |
The Vue | ONE BEDROOM APARTMENT | 1BR,1BA | $1.76 |
949 Prospect St, Unit Up | 949 Prospect St | 2BR,1BA | $1.66 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Fletcher Place
What type of rentals are currently available in Fletcher Place?
There are currently 119 Apartments for Rent in Fletcher Place, IN with pricing that ranges from $830 to $15,880. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fletcher Place ranging from $695 to $6,200.
What is the current price range for Rental Homes in Fletcher Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fletcher Place ranges from $695 to $6,200 with an average monthly rent of $2,052.
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.

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.

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.