19 Hours Ago
Highlights
Pet Friendly
Location
3735 Valley Lake Dr, Indianapolis, IN 46227, USA|South Perry
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FirstKey Homes
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Amenities for 3735 Valley Lake Dr, South Perry
Community
| Cats OK | Dogs OK |
| Laundry Hookups | Onsite Laundry |
Grounds
| Swimming Pool |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 3735 Valley Lake Dr
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home is currently occupied and coming soon; please respect the current resident’s privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; a $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see our Rental Fees. Get the home you want and the value you deserve with FirstKey Homes. Use our website to Apply Online, Schedule a Self-Tour, Review Resident Qualifications or Search More Homes; or contact our leasing department for help today. Pets are welcome. Apply soon, homes can go fast! 3 bedroom, 1 bathroom rental home in Indianapolis, IN, may be just the home for you. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent—you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities – including St. Louis and Chicago – require a home inspection prior to a new resident taking possession of the home. If you are leasing a home in one of these areas, please note that your move-in date could be adjusted to accommodate inspection requirements. Please ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, SocialServe, LetGo, Facebook Marketplace or other classified advertising services. All applications and lease signing can only be completed through FirstKeyHomes. com using the RentCafe portal. We will never ask for wire transfers, cash apps like Venmo, Zelle, CashApp PayPal, or any other transferring method to collect funds. See FirstKey Homes website for full details and conditions. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary, photos may be of similar home/floorplan, home may be under construction and photos may not be of actual home, individual homes, amenities, features, and views may differ. If you have any concerns, please schedule a tour prior to applying or leasing the listed home.
Address details
| Neighborhood | South Perry |
|---|---|
| Zip code | 46227 |
| Type | House for rent |
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Rent trends in South Perry
3-bedroom apartments at 3735 Valley Lake Dr cost about 13% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Mar 21 2026.
South Perry
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,598 |
| May 2024 | $1,619 |
| June 2024 | $1,628 |
| July 2024 | $1,637 |
| August 2024 | $1,618 |
| September 2024 | $1,598 |
| October 2024 | $1,611 |
| November 2024 | $1,595 |
| December 2024 | $1,586 |
| January 2025 | $1,596 |
| February 2025 | $1,605 |
| March 2025 | $1,655 |
| April 2025 | $1,680 |
| May 2025 | $1,697 |
| June 2025 | $1,695 |
| July 2025 | $1,652 |
| August 2025 | $1,609 |
| September 2025 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,581 |
| December 2025 | $1,585 |
| January 2026 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,599 |
| May 2024 | $1,591 |
| June 2024 | $1,581 |
| July 2024 | $1,654 |
| August 2024 | $1,642 |
| September 2024 | $1,660 |
| October 2024 | $1,729 |
| November 2024 | $1,606 |
| December 2024 | $1,550 |
| January 2025 | $1,542 |
| February 2025 | $1,563 |
| March 2025 | $1,639 |
| April 2025 | $1,651 |
| May 2025 | $1,640 |
| June 2025 | $1,624 |
| July 2025 | $1,551 |
| August 2025 | $1,733 |
| September 2025 | $1,809 |
| October 2025 | $1,735 |
| November 2025 | $1,656 |
| December 2025 | $1,670 |
| January 2026 | $1,684 |
| February 2026 | $1,609 |
| March 2026 | $1,581 |
Affordability calculator
Can I afford to live at 3735 Valley Lake Dr?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $1,245 | 3 bed | 1 bath | ||
| 5 years ago | $1,345 | 3 bed | 2 bath | ||
| 8 years ago | $1,132 | 3 bed | 2 bath | ||
| 8 years ago | $1,132 | 3 bed | 2 bath |
Schools near 3735 Valley Lake Dr
Mary Bryan Elementary School
4355 e stop 11 rd
indianapolis, IN, 46237
PK, K-5Public
B
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Jeremiah Gray Elementary School
5225 gray rd
indianapolis, IN, 46227
PK, K-5Public
B
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
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Internet available near 3735 Valley Lake Dr
Getting around Indianapolis near 3735 Valley Lake Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 3735 Valley Lake Dr, Indianapolis
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
2/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
4/10
Moderate amount of park space nearby
Nightlife
2/10
Some bars within walking distance
Other units at this address
3735 Valley Lake Dr, Indianapolis, IN
3735 Valley Lake Dr Indianapolis, IN
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3 Beds, 2 Baths
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