5133 Sandy Forge Dr
IndianapolisIN46221
Cheap Homes for Rent in Valley Mills Neighborhood of Indianapolis, IN from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Valley Mills area of Indianapolis.
6326 Kellum Dr
IndianapolisIN46221
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.
5805 Dollar Forge Dr
IndianapolisIN46221
6230 Long River Ln
IndianapolisIN46221
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.
5452 W Southport Rd
IndianapolisIN46221
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Valley Mills, Indianapolis, IN Local Guide
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How much does it cost to rent a home in Valley Mills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Valley Mills 3 Bedroom Homes for Rent | $1,918 | $1,565 | $3,010 |
| Valley Mills 4 Bedroom Homes for Rent | $1,920 | $1,585 | $2,095 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Valley Mills Neighborhood of Indianapolis, IN.
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Valley Mills, Indianapolis, IN Local Guide
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Cheapest Available Valley Mills Apartments for Rent
The cheapest available apartment rental in the Valley Mills area of Indianapolis, IN is a 1 Bed unit found at Abbey Apartments - Affordable Senior Housing priced from $778. Horizons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Valley Mills apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| Horizons Apartments | The Vision | 1BR,1BA | $925 |
| Mann Village Apartments | .1 Bedroom Apartment | 1BR,1BA | $974 |
Best Value Apartments for Rent in Valley Mills, IN
As of June 28, 2025 the best value apartment in the Valley Mills area is the $1.54 price per square foot Arbor W/D Model at Aspen Pointe Apartments in the in the Airport District neighborhood starting from $1,250. The second greatest value Valley Mills apartment is the The Ninebark Model at Arborwood Apartments starting at $1,199 with a $1.51 price per square foot in the Airport District neighborhood. Here is today’s list of the best values for Valley Mills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.54 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.51 |
| Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $1.77 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Mann Village Apartments | 1 Bedroom Apartment. | 1BR,1BA | $1.85 |
| Horizons Apartments | The Vision | 1BR,1BA | $1.54 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
| Alpine Studios | Oslo | Studio ,1BA | $2.06 |
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Frequently Asked Questions about Valley Mills
What type of rentals are currently available in Valley Mills?
There are currently 12 Apartments for Rent in Valley Mills, IN with pricing that ranges from $778 to $2,255. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valley Mills ranging from $1,565 to $3,010.
What is the current price range for Rental Homes in Valley Mills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Valley Mills ranges from $1,565 to $3,010 with an average monthly rent of $1,919.
How much are larger Three and Four Bedroom Rentals in Valley Mills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Valley Mills range from $1,345 to $2,255, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,565 to $3,010. Four Bedroom Single-Family rentals are also available starting from $1,585 and Four Bedroom Apartments start at $1,871.
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.