1 Hour Ago
Highlights
Pet Friendly
Location
5654 Fair Ridge Pl, Indianapolis, IN 46221, USA|Valley Mills
Tour 5654 Fair Ridge Pl
Contact
Progress Residential
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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 features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at rentprogress com smarthome Coming soon! This home is currently being enjoyed by another resident but will be available soon. Please respect their privacy and do not disturb. You can complete the application process and reserve this home for a $500 non-refundable holding fee until it's ready for move-in. This fee must be paid within 24 hours of being pre-qualified and will be applied to your first month’s rent if you enter into a lease for this home. 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 has a separate application process that applicants will need to complete in addition to Progress Residential's application. This includes self-registering with the HOA, completing the HOA's approval process, and paying any fees required by the HOA. 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.
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 8% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Apr 18 2026.
Valley Mills
Indianapolis
| Month | Median Rent |
|---|---|
| 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 |
| April 2026 | $1,599 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,666 |
| 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 | $1,746 |
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
$75,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,800 annually to afford this 3-bedrooms monthly rent price of $1,895.
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.
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