
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.


Horizons Apartments

Stone Ridge Flats and Townhomes

Arborwood Apartments

Alpine Studios

Home Place Senior Living

Abbey Apartments - Affordable Senior Housing

Camby Crossing
Valley Mills, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Valley Mills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Valley Mills Studio Apartments | $954 | $860 | $1,035 |
Valley Mills 1 Bedroom Apartments | $1,128 | $778 | $1,219 |
Valley Mills 2 Bedroom Apartments | $1,337 | $1,105 | $1,580 |
Valley Mills 3 Bedroom Apartments | $1,579 | $1,345 | $2,272 |
Valley Mills 4 Bedroom Apartments | $1,819 | $1,505 | $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 | $1,025 |
Best Value Apartments for Rent in Valley Mills, IN
As of March 13, 2025 the best value apartment in the Valley Mills area is the $1.54 price per square foot 6841 Percy Dr Model at 6841 Percy Dr in the in the Decatur Commons neighborhood starting from $1,845. The second greatest value Valley Mills apartment is the Indigo Model at Stone Ridge Flats and Townhomes starting at $1,338 with a $1.44 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. |
---|---|---|---|
6841 Percy Dr | 6841 Percy Dr | 3BR,2BA | $1.54 |
Stone Ridge Flats and Townhomes | Indigo | 2BR,2BA | $1.44 |
Camby Crossing | 2x2 | 2BR,2BA | $1.39 |
Aspen Pointe Apartments | Arbor W/D | 2BR,1BA | $1.57 |
Arborwood Apartments | The Ninebark | 1BR,1BA | $1.54 |
Horizons Apartments | 2 Bedroom Townhome | 2BR,1BA | $1.47 |
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 | $2.15 |
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Pet Friendly Lifestyle
Ranked #
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®
31 / 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 Cheapest Studio apartment in Valley Mills?
Currently the most affordable Cheap Studio Apartment in Valley Mills is at Alpine Studios listed at $1,025.
How much is rent for a Cheap One Bedroom Valley Mills Apartment?
The lowest price for a Cheap One Bedroom Valley Mills Apartment is $778 at Abbey Apartments - Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Valley Mills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Valley Mills is starting from $1,105 at Horizons Apartments.
What is the most affordable Valley Mills Three Bedroom Apartment?
The best deal on a cheap Valley Mills Three Bedroom Apartment rental is at Camby Crossing and starts from $1,349.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.