Cheap Apartments for Rent in the Hill Valley Neighborhood of Indianapolis, IN from $500 (33 Rentals)

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

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Estate View
1 to 2 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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The Sterling
1 to 2 Bedroom Apartments

The Sterling

8020 Madison AveIndianapolis, IN 46227
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Fountain Lake Villas
Studio to 3 Bedroom Apartments

Fountain Lake Villas

2220 E Stop 13 RdIndianapolis, IN 46227
Senior Living
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Dakota Ridge
1 to 3 Bedroom Apartments

Dakota Ridge

1510 Dakota Ridge DrIndianapolis, IN 46217

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Breeza 32 Apartments
1 to 2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
  • Utilities Included
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Stonehedge Apartments
1 to 2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
Corporate Housing
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Meridian Oaks
1 to 3 Bedroom Apartments

Meridian Oaks

187 Love AveGreenwood, IN 46142

Hill Valley - 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!

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Showing Results 1-33, Page 1 of 1

Hill Valley, Indianapolis, IN Local Guide

Cheapest Available Hill Valley Apartments for Rent

 

The cheapest available apartment rental in the Hill Valley area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $796. South & Madison has the second lowest priced unit, which is a Studio apartment currently listed from $809. Here are the most affordable Hill Valley apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Windsor CourtStandard One Bedroom (SN3M)1BR,1BA$796
South & MadisonE2Studio,1BA$809
Buckridge at Southport1BR/1.0BA1BR,1BA$850
The SterlingThe Lexington1BR,1BA$900
Polo Run ApartmentsThe Thoroughbred 2 BR 1 BA2BR,1BA$945
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$953
Auburn Place1 Bedroom 1 Bath1BR,1BA$982
Beechmill ApartmentsBeech1BR,1BA$985
Waterford Place ApartmentsThe Limerick1BR,1BA$995
Meridian Court SouthHideaway 1 & 21BR,1BA$999

Best Value Apartments for Rent in Hill Valley, IN

As of July 30, 2026 the best value apartment in the Hill Valley area is the $1.27 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,699. The second greatest value Hill Valley apartment is the 3Bd/1.5Ba Dn W/D Model at Martinique Terrace starting at $1,399 with a $1.08 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Hill Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.27
Martinique Terrace3Bd/1.5Ba Dn W/D3BR,1.5BA$1.08
Aspen Lakes2Bed / 2Bath- Phase I2BR,2BA$1.26
Dakota Ridge2SU2BR,2BA$1.27
Oak ParkB2 Timber Upgrade2BR,1BA$1.21
The SycamoresThe Spruce2BR,2BA$1.41
Fountain Lake VillasThe Laurel1BR,1BA$1.38
The SterlingThe Lexington1BR,1BA$1.22
Buckridge at Southport1BR/1.0BA1BR,1BA$1.18
SOUTHPORT AT BUCK CREEK1 Bedroom1BR,1BA$1.36

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Hill Valley, Indianapolis, IN

Ranked #142

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Hill Valley, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hill Valley Apartments

How much is rent for a Cheap One Bedroom Hill Valley Apartment?

The lowest price for a Cheap One Bedroom Hill Valley Apartment is $796 at Windsor Court.

What is the lowest price for a Cheap Two Bedroom Hill Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hill Valley is starting from $945 at Polo Run Apartments.

What is the most affordable Hill Valley Three Bedroom Apartment?

The best deal on a cheap Hill Valley Three Bedroom Apartment rental is at South & Madison and starts from $1,263.

Expert Rental Resources

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.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.