4901 Guthrie Dr
IndianapolisIN46221
Cheap Homes for Rent in Valley Mills Neighborhood of Indianapolis, IN from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Valley Mills area of Indianapolis.
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.
5519 Story Ct
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.
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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 2 Bedroom Homes for Rent | $1,150 | $1,150 | $1,150 |
| Valley Mills 3 Bedroom Homes for Rent | $1,773 | $1,535 | $2,180 |
| Valley Mills 4 Bedroom Homes for Rent | $1,900 | $1,750 | $2,145 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Valley Mills, IN
As of January 10, 2026 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 $1,174 with a $1.48 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 | $1.48 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.47 |
| Alpine Studios | Cervinia | 1BR,1BA | $1.70 |
| Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $1.63 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.72 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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 Article
The 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
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Best Local Schools in Valley Mills, Indianapolis, IN
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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 $2,296. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valley Mills ranging from $1,150 to $2,180.
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 $1,150 to $2,180 with an average monthly rent of $1,607.
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 $1,275 to $2,296, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,535 to $2,180. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,505.
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.
Helpful Local Expert Guides
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.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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!