Aspen Pointe Apartments
5838 W Mooresville Rd,
Indianapolis, IN 46221
$975 - $1,275 | Studio - 2 Beds
Valley Mills is a large neighborhood located about 12 miles southwest of Downtown Indianapolis. The neighborhood is six miles south of Indianapolis International Airport, which frequent travelers will appreciate. Valley Mills is primarily residential, but there are several schools and parks and a small shopping plaza along Kentucky Avenue. Southwestway Park and Winding River Golf Course are just a few of the larger parks nearby that residents enjoy. The neighborhood features apartments and houses for rent at affordable rates. Along with its affordability, residents appreciate the neighborhood’s proximity to several major roadways, including Interstate 465 and Highway 67, which allows for easy travel into the heart of the city and beyond.
As of March 2025, the average apartment rent in Valley Mills is $954 for a studio, $1,173 for one bedroom, $1,358 for two bedrooms, and $1,652 for three bedrooms. Apartment rent in Valley Mills has increased by 4.9% in the past year.
Studio
467 sq ft
Average Sq Ft
$954/month
Average Rent
1 BR
768 sq ft
Average Sq Ft
$1,173/month
Average Rent
2 BR
953 sq ft
Average Sq Ft
$1,358/month
Average Rent
3 BR
1,261 sq ft
Average Sq Ft
$1,652/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.