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Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
Cheap Apartments for Rent in the Park Valley Estates Neighborhood of Indianapolis, IN from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Valley Estates area of Indianapolis.
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from $799Studio to 3 Bedroom Apartments Available Now
Spanish Oaks
3645 Wingate CtIndianapolis, IN 46235
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from $810Studio to 2 Bedroom Apartments Available Now
Willowood East
3749 Willowood DrIndianapolis, IN 46235
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from $824Studio to 2 Bedroom Apartments Available Now
Stonehenge
7980 Dunston DrIndianapolis, IN 46239
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.
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from $825Studio to 2 Bedroom Apartments Available Now
Olivewood
2091 Olivewood DrIndianapolis, IN 46219
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from $847Studio to 2 Bedroom Apartments Available Now
Bavarian Village Apartments
3001 Bavarian West DrIndianapolis, IN 46235
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from $8501 to 3 Bedroom Apartments Contact Us For Availability
Willow Glen East
9955 Fulbrook DrIndianapolis, IN 46229
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $8601 to 3 Bedroom Apartments Contact Us For Availability
Bristol Square
10333 E 25th StIndianapolis, IN 46229
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from $8991 to 3 Bedroom Apartments Available Now
Lake Marina Apartments
9515 Shoreland LnIndianapolis, IN 46229
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-15, Page 1 of 1
Park Valley Estates, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Park Valley Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Valley Estates Studio Apartments | $872 | $799 | $1,206 |
| Park Valley Estates 1 Bedroom Apartments | $1,143 | $769 | $1,451 |
| Park Valley Estates 2 Bedroom Apartments | $1,301 | $899 | $1,599 |
| Park Valley Estates 3 Bedroom Apartments | $1,529 | $1,225 | $1,750 |
| Park Valley Estates 4 Bedroom Apartments | $1,780 | $1,757 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Park Valley Estates Neighborhood of Indianapolis, IN.
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Park Valley Estates, Indianapolis, IN Local Guide
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Cheapest Available Park Valley Estates Apartments for Rent
The cheapest available apartment rental in the Park Valley Estates area of Indianapolis, IN is a 1 Bed unit found at Serenity Park Apartments priced from $769. Spanish Oaks has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Park Valley Estates apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
| Spanish Oaks | Studio | Studio,1BA | $799 |
| Stonehenge | Studio | Studio,1BA | $824 |
| Olivewood | Studio | Studio,1BA | $825 |
| Lake Marina Apartments | 1 Bedroom Townhouse | 1BR,1BA | $899 |
Best Value Apartments for Rent in Park Valley Estates, IN
As of June 27, 2025 the best value apartment in the Park Valley Estates area is the $1.18 price per square foot 3 Bed 2 Bath Model at The Life at Belhaven Place in the in the Southeast Indianapolis neighborhood starting from $1,387. The second greatest value Park Valley Estates apartment is the Wright Model at Crosswinds starting at $1,435 with a $1.33 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Park Valley Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.18 |
| Crosswinds | Wright | 3BR,1.5BA | $1.33 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.40 |
| Knoll Ridge Townhomes & Apartments | 2 Bedroom Deluxe | 2BR,1BA | $1.47 |
| Warren Harbor Apartments | The Walker | 2BR,2BA | $1.42 |
| Braeburn Village | 2X1-50 | 2BR,1BA | $1.19 |
| Lake Marina Apartments | 1 Bedroom Townhouse | 1BR,1BA | $1.40 |
| Parkhaven Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.52 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Willowood East | One Bed One Bath | 1BR,1BA | $1.41 |
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Pet Friendly LifestylePark Valley Estates, Indianapolis, IN
Ranked #141
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Park Valley Estates Apartments
What is a cheap apartment in Park Valley Estates?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Valley Estates is under $1,035.
What is the price of a cheap apartment in Park Valley Estates?
The cheapest apartment in Park Valley Estates is Serenity Park Apartments which is listed at $769, while the average apartment in Park Valley Estates costs $1,757.
What types of apartments are the cheapest in Park Valley Estates?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Park Valley Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Park Valley Estates?
Cheap apartments in Park Valley Estates have an average cost of $881 which is $876 cheaper than the average rent for all rentals in Park Valley Estates.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.