5+ Days Ago
Highlights
Pet Friendly
- Smart home features
- Pet-friendly
Location
5654 Fair Ridge Pl, Indianapolis, IN 46221, USA|Valley Mills
Tour 5654 Fair Ridge Pl
Contact
Progress Residential
Our team has verified this company
Nearby rentals
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Property Overview
Smart-home functionality, outdoor spaces, and a pet‑friendly setup—supported by nearby pet hospital and supply store—make for convenient everyday living. Strong nearby school options within about a mile and a relatively high value per square foot add to overall appeal, while the 16 listing photos help provide a clear visual sense of the home and surroundings.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
- More space
Great for
Pet owners
Amenities for 5654 Fair Ridge Pl, Valley Mills
Features
| Deck | Eat-in Kitchen |
| Open Floor Plan | Patio |
| Walk-in Closet | Wood Look Blinds |
Tech
| Smart Home |
Community
| 1 Story | Cats OK |
| Dogs OK | Two Car Garage |
Grounds
| Garage Parking |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 5654 Fair Ridge Pl
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant. This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist today. Interested in this home? You clearly have exceptional taste. This charming 3-bedroom, 2.0-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and connected. Homes like this don’t stay on the market for long—don’t miss your chance to make it yours. Apply today! The Homeowners Association (HOA) for this home may have a separate application process that applicants will need to complete in addition to Progress Residential’s application. This may involve registering with the HOA, completing its approval process, and paying any required fees. You may also be subject to following additional HOA rules or restrictions. Some images have been virtually staged to help showcase the potential of spaces in the home. The furnishings shown are for illustrative purposes only and are not included in the home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5654 Fair Ridge Pl compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- More space
- The 3-bedroom is 171 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Valley Mills |
|---|---|
| Zip code | 46221 |
| Type | House for rent |
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Managed by Progress Residential
Progress Residential
Rent trends in Valley Mills
3-bedroom apartments at 5654 Fair Ridge Pl cost about 2% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Jun 6 2026.
Valley Mills
Indianapolis
| Month | Median Rent |
|---|---|
| June 2024 | $1,630 |
| 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 |
| April 2026 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,695 |
| July 2024 | $1,646 |
| August 2024 | $1,610 |
| September 2024 | $1,576 |
| October 2024 | $1,609 |
| November 2024 | $1,629 |
| December 2024 | $1,635 |
| January 2025 | $1,618 |
| February 2025 | $1,657 |
| March 2025 | $1,707 |
| April 2025 | $1,771 |
| May 2025 | $1,722 |
| June 2025 | $1,727 |
| July 2025 | $1,740 |
| August 2025 | $1,672 |
| September 2025 | $1,663 |
| October 2025 | $1,642 |
| November 2025 | $1,609 |
| December 2025 | $1,640 |
| January 2026 | $1,697 |
| February 2026 | $1,710 |
| March 2026 | $1,739 |
| April 2026 | $1,753 |
| May 2026 | $1,782 |
| June 2026 | $1,820 |
Affordability calculator
Can I afford to live at 5654 Fair Ridge Pl?
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
$74,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,200 annually to afford this 3-bedrooms monthly rent price of $1,855.
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.| 3 years ago | $1,665 |
Schools near 5654 Fair Ridge Pl
Valley Mills Elementary School
5101 s high school rd
indianapolis, IN, 46221
K-6Public
C+
Lynwood Elementary School
4640 santa fe dr
indianapolis, IN, 46241
PK, K-6Public
Little Quakers Academy
401 elm dr
plainfield, IN, 46168
PKPublic
Achieve Virtual Elementary
47 beachway dr
indianapolis, IN, 46224
K-6Public
C+
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
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Internet available near 5654 Fair Ridge Pl
Neighborhood
Valley Mills | Indianapolis, IN
Getting around Indianapolis near 5654 Fair Ridge Pl
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5654 Fair Ridge Pl, Indianapolis
Groceries
2/10
The nearest general grocery store is within a 20-to-30 minute walk.
Shopping
2/10
Few fashion stores are within walking distance.
Restaurants
2/10
Few restaurants are within walking distance.
Primary schools
3/10
The closest elementary school is within a 20-to-30-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
4/10
Very few or no parks in the area.
Explore the area around 5654 Fair Ridge Pl
Walmart Neighborhood Market
4837 Kentucky Ave
Troy Halal Market
2910 S Lynhurst Dr
Kroger
3361 Kentucky Ave
Walmart Garden Center
8191 Upland Bnd
Walmart Supercenter
8191 Upland Bnd
Footworks
5021 Kentucky Ave
Designer Consignor Boutique
6329 S Mooresville Rd
Ballast Clothing LLC
5825 Jackie Ln
Family Dollar
2910 S Lynhurst Dr
Walmart Supercenter
8191 Upland Bnd
Dunkin'
7015 S Kentucky Ave
Starbucks
7800 Col H Weir Cook Mem Dr
Starbucks
7800 Colonel H Weir Cook Memorial Dr
Starbucks
2544 Executive Dr
Starbucks
8310 Windfall Ln
317 Cafe
7800 Col H Weir Cook Mem Dr
Delta Sky Club
7800 Col H Weir Cook Mem Dr
Outer Marker Lounge
2501 S High School Rd
The Library
2610 S Lynhurst Dr
Applebee's Grill + Bar
10680 Enterprise Dr
Walmart Bakery
4837 Kentucky Ave
Walmart Deli
4837 Kentucky Ave
Craftmark Bakery, LLC
5202 Exploration Dr
BBS Cupcakes & Cakes
Field & Flour Market Cafe
7615 S Mooresville Rd
Playground
Playground
Carson Park
Playground
Ball Park
Morita Mexican Kitchen
5051 Kentucky Ave
El Rodeo #20
7421 Heathrow Way
Side Wok Cafe
7421 Heathrow Way
Rally's Hamburgers
4905 Kentucky Ave
McDonald's
4906 Kentucky Ave
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Decatur Blvd / Heathrow Way
Mars Hill
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Mars Hill, Mars Hill
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