
Cheap Apartments for Rent in the Hill Valley Neighborhood of Indianapolis, IN from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hill Valley area of Indianapolis.


Buckridge at Southport

Meridian Court South

SOUTHPORT AT BUCK CREEK

Beechmill Apartments

Waterford Place Apartments

Martinique Terrace
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Sycamores

Murphy's Landing

Oak Park

Creek Bay

Aspen Lakes

Community Place

The Jacob
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.

Estate View

Windsor Court

South & Madison

The Sterling

Fountain Lake Villas

Buffalo Creek Apartments

Dakota Ridge
Cash 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.

Brookhaven at County Line Senior Apartments

7621 Orchard Village Dr

Polo Run Apartments

Auburn Place

Westminster Apartments and Townhomes

Breeza 32 Apartments

Bayshore Apartments
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.

Stonehedge Apartments

Meridian Oaks
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 | $1,013 | $797 | $1,435 |
| Hill Valley 1 Bedroom Apartments | $1,070 | $842 | $1,650 |
| Hill Valley 2 Bedroom Apartments | $1,274 | $877 | $2,330 |
| Hill Valley 3 Bedroom Apartments | $1,663 | $1,350 | $3,468 |
| Hill Valley 4 Bedroom Apartments | $1,760 | $1,760 | $1,760 |
Browse Apartments in this Neighborhood
There are currently 30 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 $768. 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 (SN1) | 1BR,1BA | $768 |
| South & Madison | E2 | Studio,1BA | $809 |
| The Sterling | The Lexington | 1BR,1BA | $850 |
| Polo Run Apartments | The Pinto 2 BR 1 BA | 2BR,1BA | $877 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $900 |
| Meridian Court South | Hideaway 1 & 2 | 1BR,1BA | $950 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $970 |
| Beechmill Apartments | Beech | 1BR,1BA | $985 |
| Waterford Place Apartments | The Limerick | 1BR,1BA | $995 |
| The Sycamores | The Sycamores | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Hill Valley, IN
As of June 14, 2026 the best value apartment in the Hill Valley area is the $1.35 price per square foot 3x2.5 TH R Model at South Haven Village Apartments in the in the Winchester Village neighborhood starting from $1,755. The second greatest value Hill Valley apartment is the 2 Bedroom 1.5 Bath Model at Auburn Place starting at $1,300 with a $1.27 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. |
|---|---|---|---|
| South Haven Village Apartments | 3x2.5 TH R | 3BR,2.5BA | $1.35 |
| Auburn Place | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.27 |
| Oak Park | B2 Timber Upgrade | 2BR,1BA | $1.21 |
| Fountain Lake Villas | The Herrington | 2BR,1BA | $1.27 |
| Martinique Terrace | 2 Bed/1 Ba Standard Up | 2BR,1BA | $1.24 |
| Dakota Ridge | 1D | 1BR,1BA | $1.38 |
| The Sterling | The Lexington | 1BR,1BA | $1.15 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.39 |
| South & Madison | E2 | Studio ,1BA | $1.19 |
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 #137
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 $768 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 $877 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

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.

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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.