5613 Simmul Ln
IndianapolisIN46221
Cheap Homes for Rent in the Valley Mills Neighborhood of Indianapolis, IN from $1,485 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Valley Mills area of Indianapolis.
5805 Dollar Forge Dr
IndianapolisIN46221
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
6230 Long River Ln
IndianapolisIN46221
5921 Milhouse Ct
IndianapolisIN46221
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
5147 S Orth Dr
IndianapolisIN46221
Showing Results 1-5, Page 1 of 1
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 | $1,830 | $1,485 | $2,400 |
| Valley Mills 4 Bedroom Homes for Rent | $2,162 | $1,930 | $2,395 |
| Valley Mills 5 Bedroom Homes for Rent | $2,207 | $1,720 | $2,620 |
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. Home Place Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. 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 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1,055 |
Best Value Apartments for Rent in Valley Mills, IN
As of August 23, 2026 the best value apartment in the Valley Mills area is the $1.36 price per square foot The Driftwood Model at Arborwood Apartments in the in the Airport District neighborhood starting from $1,279. The second greatest value Valley Mills apartment is the Edinburgh Model at Alpine Studios starting at $1,478 with a $1.58 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. |
|---|---|---|---|
| Arborwood Apartments | The Driftwood | 2BR,2BA | $1.36 |
| Alpine Studios | Edinburgh | 2BR,2BA | $1.58 |
| Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.57 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.41 |
| Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $1.70 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Mann Village Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.74 |
| 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
Your 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 $2,278. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valley Mills ranging from $1,485 to $2,620.
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 $1,485 to $2,620 with an average monthly rent of $1,942.
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
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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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.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.