Cheap Homes for Rent in Glenns Valley Neighborhood of Indianapolis, IN from $300 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Glenns Valley area of Indianapolis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cheapest Available Glenns Valley Apartments for Rent

 

The cheapest available apartment rental in the Glenns Valley area of Indianapolis, IN is a 1 Bed unit found at Meridian Court South priced from $860. Martinique Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here are the most affordable Glenns Valley apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian Court SouthHideaway 1 & 21BR,1BA$860
Martinique Terrace2 Bed/1 Ba Standard Up2BR,1BA$999
Murphy's LandingThe Wake1BR,1BA$1,034

Best Value Apartments for Rent in Glenns Valley, IN

As of April 26, 2026 the best value apartment in the Glenns Valley area is the $1.23 price per square foot The Donegal Model at Waterford Place Apartments in the in the Winchester Village neighborhood starting from $1,295. The second greatest value Glenns Valley apartment is the 2Bd/1Ba Lg Dn W/D Model at Martinique Terrace starting at $1,229 with a $1.23 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Glenns Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterford Place ApartmentsThe Donegal2BR,1.5BA$1.23
Martinique Terrace2Bd/1Ba Lg Dn W/D2BR,1BA$1.23
Lighthouse LandingsEagle`s Island Lakeview2BR,1BA$1.51
Dakota Ridge1U1BR,1BA$1.36
Creek Bay1Bed/1Bath Standard1BR,1BA$1.46
Murphy's LandingThe Wake1BR,1BA$1.48
Stonehedge ApartmentsThe Terra1BR,1BA$1.57
Bayshore ApartmentsB Monterey Bay 1.1 Up1BR,1BA$1.51
Buffalo Creek ApartmentsScarlet1BR,1BA$1.74
Meridian Court SouthLodge1BR,1BA$1.79

Frequently Asked Questions about Glenns Valley

What type of rentals are currently available in Glenns Valley?

There are currently 22 Apartments for Rent in Glenns Valley, IN with pricing that ranges from $899 to $1,985. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Glenns Valley ranging from $320 to $2,135.

What is the current price range for Rental Homes in Glenns Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Glenns Valley ranges from $320 to $2,135 with an average monthly rent of $1,437.

Expert Rental Resources

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.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.