
Cheap Apartments for Rent in the Glenroy Village Neighborhood of Indianapolis, IN from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Glenroy Village area of Indianapolis.


Serenity Manor 55+ Independent Active Living

Churchman Woods

English Village Apartments

Stonehenge

521 N Gladstone Ave, Unit B
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

The Courts Apartment Homes

The Vistas Apartment Homes

Park View at Beech Grove

501 S Arlington Ave

Total Monthly Price
Indy 7925

7302 East Washington Street, Unit A
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
The 85Twenty

7751 Serene Stream Way, Unit Narrow Brook

565 S Webster Ave

Clark House Apartments

Kelker Hause

Beech Meadow Apartments
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Beech Tree Glen Apartments
Glenroy Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Glenroy Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Glenroy Village Studio Apartments | $846 | $575 | $1,250 |
| Glenroy Village 1 Bedroom Apartments | $1,063 | $755 | $1,448 |
| Glenroy Village 2 Bedroom Apartments | $1,196 | $945 | $1,659 |
| Glenroy Village 3 Bedroom Apartments | $1,589 | $1,177 | $1,790 |
| Glenroy Village 4 Bedroom Apartments | $1,663 | $1,503 | $1,824 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 3 mile radius of the Glenroy Village Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Cheapest Available Glenroy Village Apartments for Rent
 The cheapest available apartment rental in the Glenroy Village area of Indianapolis, IN is a Studio unit found at Serenity Manor 55+ Independent Active Living priced from $659. English Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Glenroy Village apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $659 |
| English Village Apartments | INEGV 1x1 615sqft - Classic | 1BR,1BA | $850 |
| Stonehenge | Studio | Studio,1BA | $875 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $945 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $949 |
Best Value Apartments for Rent in Glenroy Village, IN
As of August 01, 2026 the best value apartment in the Glenroy Village area is the $1.36 price per square foot 3 Bedroom Model at Park View at Beech Grove in the in the Southeast Indianapolis neighborhood starting from $1,627. The second greatest value Glenroy Village apartment is the 7302 East Washington Street Model at 7302 East Washington Street, Unit A starting at $1,250 with a $1.04 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Glenroy Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Indy 7925 | C1R- 3x2 | 3BR,2BA | $1.50 |
| The 85Twenty | B1-R | 2BR,2BA | $1.53 |
| The Vistas Apartment Homes | 2x1.5 Townhome Renovated | 2BR,1.5BA | $1.37 |
| Beech Tree Glen Apartments | 2x1R-Prem | 2BR,1BA | $1.50 |
| The Courts Apartment Homes | 2x1 Classic | 2BR,1BA | $1.22 |
| English Village Apartments | INEGV 2x1 770sqft - Premium | 2BR,1BA | $1.49 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.10 |
Frequently Asked Questions about Cheap Glenroy Village Apartments
What is a cheap apartment in Glenroy Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Glenroy Village is under $1,627.
What is the price of a cheap apartment in Glenroy Village?
The cheapest apartment in Glenroy Village is Serenity Manor 55+ Independent Active Living which is listed at $755, while the average apartment in Glenroy Village costs $1,150.
What types of apartments are the cheapest in Glenroy Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Glenroy Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Glenroy Village?
Cheap apartments in Glenroy Village have an average cost of $1,663 which is $0 cheaper than the average rent for all rentals in Glenroy Village.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.