
Cheap Homes for Rent in Hill Valley Neighborhood of Indianapolis, IN from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Hill Valley area of Indianapolis.


628 Wooddale Terrace

1465 Kincannon Ln

606 E County Line Rd
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.

1745 Perry Commons Blvd

540 Buffalo Run Dr

4059 Restin Ct

1317 Desoto Ct
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.
Hill Valley, Indianapolis, IN Local Guide

How much does it cost to rent a home in Hill Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hill Valley 2 Bedroom Homes for Rent | $1,549 | $1,499 | $1,600 |
| Hill Valley 3 Bedroom Homes for Rent | $1,863 | $1,629 | $2,320 |
| Hill Valley 4 Bedroom Homes for Rent | $1,967 | $1,820 | $2,230 |
| Hill Valley 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $728. 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 | $728 |
| South & Madison | E2 | Studio,1BA | $809 |
| Polo Run Apartments | The Palomino 1 BR 1 BA | 1BR,1BA | $851 |
Best Value Apartments for Rent in Hill Valley, IN
As of December 20, 2025 the best value apartment in the Hill Valley area is the $1.40 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,875. The second greatest value Hill Valley apartment is the 3Bd/2Ba Up W/D Model at Martinique Terrace starting at $1,614 with a $1.24 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 | $1.40 |
| Martinique Terrace | 3Bd/2Ba Up W/D | 3BR,2BA | $1.24 |
| Dakota Ridge | Bighorn | 3BR,2BA | $1.27 |
| South Haven Village Apartments | 2x1.5 TH R | 2BR,1.5BA | $1.41 |
| The Sycamores | The Spruce | 2BR,2BA | $1.38 |
| Oak Park | Dale - Upgraded | 2BR,1BA | $1.28 |
| Fountain Lake Villas | The Tahoe | 2BR,1BA | $1.44 |
| The Sterling | The Lexington | 1BR,1BA | $1.28 |
| Buckridge at Southport | 1BR/1.0BA | 1BR,1BA | $1.25 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.30 |
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Pet Friendly LifestyleHill Valley, Indianapolis, IN
Ranked #134
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Hill Valley, Indianapolis, IN
Douglas Macarthur Elementary School
School data provided by Great Schools
Frequently Asked Questions about Hill Valley
What type of rentals are currently available in Hill Valley?
There are currently 45 Apartments for Rent in Hill Valley, IN with pricing that ranges from $775 to $2,722. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hill Valley ranging from $320 to $3,500.
What is the current price range for Rental Homes in Hill Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hill Valley ranges from $320 to $3,500 with an average monthly rent of $2,041.
How much are larger Three and Four Bedroom Rentals in Hill Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hill Valley range from $1,390 to $2,722, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,629 to $2,320. Four Bedroom Single-Family rentals are also available starting from $1,820 and Four Bedroom Apartments start at $1,725.
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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!