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from $975Studio to 2 Bedroom Apartments Available Now
Aspen Pointe Apartments
5838 W Mooresville RdIndianapolis, IN 46221
Cheap Apartments for Rent in the Valley Mills Neighborhood of Indianapolis, IN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Valley Mills area of Indianapolis.
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from $9251 to 4 Bedroom Apartments Available Now
Horizons Apartments
4955 Red Horizon BlvdIndianapolis, IN 46221
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from $1,1431 to 3 Bedroom Apartments Available Now
Stone Ridge Flats and Townhomes
7111 Vedder PlIndianapolis, IN 46241
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from $1,1211 to 4 Bedroom Apartments Available Now
Arborwood Apartments
6702 Trunk WayIndianapolis, IN 46221
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from $1,0001 to 2 Bedroom Apartments Available Now
Home Place Senior Living
6734 Millside DrIndianapolis, IN 46221
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from $7781 Bedroom Apartments Available Now
Abbey Apartments - Affordable Senior Housing
4012 S Mann RdIndianapolis, IN 46221
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from $892Studio to 2 Bedroom Apartments Available Now
Alpine Studios
5818 Flight School DrIndianapolis, IN 46221
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from $1,0641 to 3 Bedroom Apartments Available Now
Camby Crossing
7402 Camby Crossing DrCamby, IN 46113
Valley Mills
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Showing Results 1-9, Page 1 of 1
Valley Mills, Indianapolis, IN Local Guide
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How much does it cost to rent an apartment in Valley Mills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Valley Mills Studio Apartments | $992 | $892 | $1,063 |
| Valley Mills 1 Bedroom Apartments | $1,136 | $778 | $1,229 |
| Valley Mills 2 Bedroom Apartments | $1,340 | $1,105 | $1,566 |
| Valley Mills 3 Bedroom Apartments | $1,588 | $1,345 | $2,158 |
| Valley Mills 4 Bedroom Apartments | $1,898 | $1,871 | $1,921 |
Browse Apartments in this Neighborhood
There are currently 9 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 |
| Alpine Studios | Andorra | Studio,1BA | $1,063 |
Best Value Apartments for Rent in Valley Mills, IN
As of March 30, 2025 the best value apartment in the Valley Mills area is the $1.28 price per square foot 3 Bedroom Townhome Model at Horizons Apartments in the in the Airport District neighborhood starting from $1,345. The second greatest value Valley Mills apartment is the 2x2 Model at Camby Crossing starting at $1,281 with a $1.39 price per square foot in the Decatur Commons 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. |
|---|---|---|---|
| Horizons Apartments | 3 Bedroom Townhome | 3BR,1BA | $1.28 |
| Camby Crossing | 2x2 | 2BR,2BA | $1.39 |
| Stone Ridge Flats and Townhomes | Cobalt | 2BR,1BA | $1.59 |
| Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.57 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.51 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
| Alpine Studios | Andorra | Studio ,1BA | $2.23 |
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Pet Friendly Lifestyle
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Pet Friendliness Lifestyle Score
Best Local Schools in Valley Mills, Indianapolis, IN
School data provided by Great Schools
Best Local Schools in Valley Mills, Indianapolis, IN
School data provided by Great Schools
Getting Around the Valley Mills Neighborhood in Indianapolis, IN
Walk Score®
30 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
15 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Valley Mills Apartments
What is the price of a cheap apartment in Valley Mills?
The cheapest apartment in Valley Mills is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Valley Mills costs $1,899.
What types of apartments are the cheapest in Valley Mills?
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 3 regular apartments in Valley Mills 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 Valley Mills?
Cheap apartments in Valley Mills have an average cost of $230 which is $1,669 cheaper than the average rent for all rentals in Valley Mills.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.