
Cheap Homes for Rent in Glenroy Village Neighborhood of Indianapolis, IN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Glenroy Village area of Indianapolis.


4522 E Washington St
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7750 Cross Willow Blvd

7621 Blue Willow Dr

2712 Addison Meadows Ln
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Glenroy Village, Indianapolis, IN Local Guide

How much does it cost to rent a home in Glenroy Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Glenroy Village 3 Bedroom Homes for Rent | $1,787 | $1,550 | $2,049 |
| Glenroy Village 4 Bedroom Homes for Rent | $1,911 | $1,590 | $2,280 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Glenroy Village Neighborhood of Indianapolis, IN.
Explore 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 $715. Stonehenge has the second lowest priced unit, which is a Studio apartment currently listed from $749. 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 | $715 |
| Stonehenge | Studio | Studio,1BA | $749 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 20349 | 2BR,1BA | $775 |
Best Value Apartments for Rent in Glenroy Village, IN
As of December 13, 2025 the best value apartment in the Glenroy Village area is the $1.12 price per square foot 1205 N Grant Ave Model at 1205 N Grant Ave in the in the Martindale neighborhood starting from $1,400. 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. |
|---|---|---|---|
| 1205 N Grant Ave | 1205 N Grant Ave | 2BR,1.5BA | $1.12 |
| 7302 East Washington Street, Unit A | 7302 East Washington Street | Studio ,1.5BA | $1.04 |
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| The Vistas Apartment Homes | 2 Bedroom 1.5 Bath Townhouse - Classic | 2BR,1.5BA | $1.10 |
| The Aerie on 11th Street | 2 Bedroom 1 Bath - 20349 | 2BR,1BA | $0.87 |
| Beech Meadow Apartments | Hickory | 2BR,1BA | $1.29 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.13 |
| The Courts Apartment Homes | 2x1 - Classic | 2BR,1BA | $1.13 |
| Churchman Woods | 2 BEDROOM | 2BR,1BA | $1.30 |
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.22 |
Frequently Asked Questions about Glenroy Village
What type of rentals are currently available in Glenroy Village?
There are currently 56 Apartments for Rent in Glenroy Village, IN with pricing that ranges from $715 to $1,824. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Glenroy Village ranging from $725 to $2,280.
What is the current price range for Rental Homes in Glenroy Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Glenroy Village ranges from $725 to $2,280 with an average monthly rent of $1,474.
How much are larger Three and Four Bedroom Rentals in Glenroy Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Glenroy Village range from $1,278 to $1,653, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,049. Four Bedroom Single-Family rentals are also available starting from $1,590 and Four Bedroom Apartments start at $1,503.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
