
Cheap Apartments for Rent in the Hill Valley Neighborhood of Indianapolis, IN from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hill Valley area of Indianapolis.


Buckridge at Southport

SOUTHPORT AT BUCK CREEK

Martinique Terrace

Meridian Court South

Beechmill Apartments

Waterford Place Apartments

The Sycamores
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Oak Park

Creek Bay

Murphy's Landing

Aspen Lakes

Community Place

The Jacob

South Haven Village Apartments

Estate View
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Windsor Court

South & Madison

The Sterling

Fountain Lake Villas

Buffalo Creek Apartments

Dakota Ridge

Brookhaven at County Line Senior Apartments

Polo Run Apartments
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742 Loews Blvd

Auburn Place

Westminster Apartments and Townhomes

Breeza 32 Apartments

Stonehedge Apartments

Bayshore Apartments

Meridian Oaks

637 Joy Dr
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!
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 | $975 | $820 | $1,435 |
| Hill Valley 1 Bedroom Apartments | $1,082 | $850 | $1,650 |
| Hill Valley 2 Bedroom Apartments | $1,315 | $960 | $2,330 |
| Hill Valley 3 Bedroom Apartments | $1,740 | $1,399 | $4,191 |
| Hill Valley 4 Bedroom Apartments | $1,760 | $1,760 | $1,760 |
Browse Apartments in this Neighborhood
There are currently 32 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN3M) | 1BR,1BA | $796 |
| South & Madison | E2 | Studio,1BA | $809 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $850 |
| The Sterling | The Lexington | 1BR,1BA | $900 |
| Polo Run Apartments | The Thoroughbred 2 BR 1 BA | 2BR,1BA | $945 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $953 |
| Auburn Place | 1 Bedroom 1 Bath | 1BR,1BA | $982 |
| Beechmill Apartments | Beech | 1BR,1BA | $985 |
| Waterford Place Apartments | The Limerick | 1BR,1BA | $995 |
| Meridian Court South | Hideaway 1 & 2 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.27 |
| Martinique Terrace | 3Bd/1.5Ba Dn W/D | 3BR,1.5BA | $1.08 |
| Aspen Lakes | 2Bed / 2Bath- Phase I | 2BR,2BA | $1.26 |
| Dakota Ridge | 2SU | 2BR,2BA | $1.27 |
| Oak Park | B2 Timber Upgrade | 2BR,1BA | $1.21 |
| The Sycamores | The Spruce | 2BR,2BA | $1.41 |
| Fountain Lake Villas | The Laurel | 1BR,1BA | $1.38 |
| The Sterling | The Lexington | 1BR,1BA | $1.22 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.18 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,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.
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 ArticleReal 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.
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.
Pet Friendly LifestyleHill Valley, Indianapolis, IN
Ranked #142
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Hill Valley, Indianapolis, IN
Douglas Macarthur Elementary School
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

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.

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.

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.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

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.