
Cheap Apartments for Rent in the Hill Valley Neighborhood of Indianapolis, IN from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hill Valley area of Indianapolis.


8231 Bold Forbes Ct

Buckridge at Southport

Meridian Court South

SOUTHPORT AT BUCK CREEK

Beechmill Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Waterford Place Apartments

Martinique Terrace

The Sycamores

Estate View

Windsor Court

South & Madison
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Sterling

Fountain Lake Villas

Brookhaven at County Line Senior Apartments

Polo Run Apartments

Auburn Place

Breeza 32 Apartments
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.

778 Loews Blvd
Hill Valley, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Hill Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hill Valley Studio Apartments | $1,136 | $828 | $1,325 |
| Hill Valley 1 Bedroom Apartments | $1,131 | $775 | $1,650 |
| Hill Valley 2 Bedroom Apartments | $1,293 | $935 | $1,997 |
| Hill Valley 3 Bedroom Apartments | $1,646 | $1,425 | $4,008 |
| Hill Valley 4 Bedroom Apartments | $1,760 | $1,760 | $1,760 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Hill Valley Neighborhood of Indianapolis, IN.
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Hill Valley, Indianapolis, IN Local Guide
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Cheapest Available Hill Valley Apartments for Rent
 The cheapest available apartment rental in the Hill Valley area of Indianapolis, IN is a Studio unit found at South & Madison priced from $809. The Sterling has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Hill Valley apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South & Madison | E2 | Studio,1BA | $809 |
| The Sterling | The Lexington | 1BR,1BA | $875 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $895 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $906 |
| Windsor Court | Deluxe One Bedroom (AN1) | 1BR,1BA | $933 |
Best Value Apartments for Rent in Hill Valley, IN
As of March 16, 2026 the best value apartment in the Hill Valley area is the $1.24 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,650. The second greatest value Hill Valley apartment is the 3x2.5 TH R Model at South Haven Village Apartments starting at $1,740 with a $1.34 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
| South Haven Village Apartments | 3x2.5 TH R | 3BR,2.5BA | $1.34 |
| Stonehedge Apartments | The Luna | 2BR,1BA | $1.24 |
| Oak Park | Dale - Upgraded | 2BR,1BA | $1.28 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom | 2BR,1BA | $1.30 |
| South & Madison | B2 | 2BR,1BA | $1.19 |
| Martinique Terrace | 1Bd/1Ba-Dn Mini W/D | 1BR,1BA | $1.18 |
| Dakota Ridge | Lakota | 1BR,1BA | $1.34 |
| The Sterling | The Lexington | 1BR,1BA | $1.18 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.24 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour 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
Read ArticleQuick 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.
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
What is the Cheapest Studio apartment in Hill Valley?
Currently the most affordable Cheap Studio Apartment in Hill Valley is at South & Madison listed at $809.
How much is rent for a Cheap One Bedroom Hill Valley Apartment?
The lowest price for a Cheap One Bedroom Hill Valley Apartment is $830 at South & Madison.
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 $935 at Buckridge at Southport.
What is the most affordable Hill Valley Three Bedroom Apartment?
The best deal on a cheap Hill Valley Three Bedroom Apartment rental is at Dakota Ridge and starts from $1,420.
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

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.

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.

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.