
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.


Serenity Park Apartments
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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 | $848 | $750 | $1,153 |
Park Valley Estates 1 Bedroom Apartments | $1,108 | $769 | $1,413 |
Park Valley Estates 2 Bedroom Apartments | $1,288 | $899 | $1,599 |
Park Valley Estates 3 Bedroom Apartments | $1,533 | $1,225 | $1,750 |
Park Valley Estates 4 Bedroom Apartments | $1,581 | $1,581 | $1,581 |
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 Studio unit found at Stonehenge priced from $750. Serenity Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Park Valley Estates apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stonehenge | Studio | Studio,1BA | $750 |
Serenity Park Apartments | Become an Eastsider Today! Get 1 month free on ... | 1BR,1BA | $769 |
Spanish Oaks | Studio | Studio,1BA | $799 |
Bavarian Village Apartments | The Challis 1 BR 1 BA | 1BR,1BA | $859 |
Bristol Square | 1 Bedroom Loft | 1BR,1BA | $860 |
Best Value Apartments for Rent in Park Valley Estates, IN
As of August 19, 2025 the best value apartment in the Park Valley Estates area is the $1.40 price per square foot The Prince Model at Country Lake Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,425. The second greatest value Park Valley Estates apartment is the The Walker Model at Warren Harbor Apartments starting at $1,300 with a $1.37 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. |
---|---|---|---|
Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.40 |
Warren Harbor Apartments | The Walker | 2BR,2BA | $1.37 |
The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.21 |
Crosswinds | Earhart | 2BR,1BA | $1.46 |
Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
Teal Run Apartments | 1BR/1.0BA | 1BR,1BA | $1.51 |
Cumberland Manor | Cumberland Manor- Newly Renovated 1 bedroom 1 b... | 1BR,1BA | $1.46 |
Lake Marina Apartments | 1 Bedroom Townhouse | 1BR,1BA | $1.40 |
Braeburn Village | 1x1-50 | 1BR,1BA | $1.45 |
Serenity Park Apartments | Become an Eastsider Today! Get 1 month free on ... | 1BR,1BA | $1.29 |
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Pet Friendly LifestylePark Valley Estates, Indianapolis, IN
Ranked #137
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $975.
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 $1,581.
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 8 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 $1,004 which is $577 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.

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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