
Cheap Homes for Rent in Park Valley Estates Neighborhood of Indianapolis, IN from $900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Valley Estates area of Indianapolis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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10169 Penrith Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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1412 Wolf Ct
Park Valley Estates, Indianapolis, IN Local Guide

How much does it cost to rent a home in Park Valley Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Valley Estates 2 Bedroom Homes for Rent | $1,550 | $1,300 | $1,800 |
| Park Valley Estates 3 Bedroom Homes for Rent | $1,701 | $950 | $1,960 |
| Park Valley Estates 4 Bedroom Homes for Rent | $1,957 | $1,825 | $2,025 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Park Valley Estates, IN
As of November 18, 2025 the best value apartment in the Park Valley Estates area is the $1.35 price per square foot The Prince Model at Country Lake Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,375. The second greatest value Park Valley Estates apartment is the The Luxor Model at Warren Harbor Apartments starting at $1,250 with a $1.32 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 | $1.35 |
| Warren Harbor Apartments | The Luxor | 2BR,2BA | $1.32 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.46 |
| Teal Run Apartments | 2BR/1.0BA | 2BR,1BA | $1.46 |
| Crosswinds | Earhart | 2BR,1BA | $1.46 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| Cumberland Manor | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $1.40 |
| Parkhaven Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.52 |
| Serenity Park Apartments | Become an Eastsider Today! Get 1 month free on ... | 1BR,1BA | $1.29 |
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 LifestylePark Valley Estates, Indianapolis, IN
Ranked #140
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Park Valley Estates
What type of rentals are currently available in Park Valley Estates?
There are currently 45 Apartments for Rent in Park Valley Estates, IN with pricing that ranges from $699 to $1,925. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Valley Estates ranging from $950 to $2,025.
What is the current price range for Rental Homes in Park Valley Estates?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Valley Estates ranges from $950 to $2,025 with an average monthly rent of $1,736.
How much are larger Three and Four Bedroom Rentals in Park Valley Estates?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Valley Estates range from $1,225 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,960. Four Bedroom Single-Family rentals are also available starting from $1,825 and Four Bedroom Apartments start at $1,585.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.