
Cheap Homes for Rent in the Glenroy Village Neighborhood of Indianapolis, IN from $775 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Glenroy Village area of Indianapolis.


4522 E Washington St, Unit 2ND FLOOR

521 S Arlington Ave

80-82 North 5th Avenue, Unit 82.5 North 5th Avenue
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.

80-82 North 5th Avenue, Unit 82 North 5th Avenue

531 S Arlington Ave

328 N Euclid Ave, Unit D

7751 Serene Stream Way, Unit Narrow Brook
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.
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 | $1,600 | $1,400 | $1,745 |
| Glenroy Village 4 Bedroom Homes for Rent | $1,958 | $1,550 | $2,185 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Glenroy Village Neighborhood of Indianapolis, IN.
Explore Indianapolis
Best Value Homes for Rent in Glenroy Village, IN
As of September 18, 2026 the best value rental home in the Glenroy Village area is the $1.03 price per square foot 2377 Willowview Dr Model at 2377 Willowview Dr in the Southeast Indianapolis neighborhood starting from $2,140. The second greatest value Glenroy Village rental home is the 7751 Serene Stream Way Model at 7751 Serene Stream Way in the Southeast Indianapolis neighborhood starting at $1,550 with a $0.97 price per square foot. Here is today’s list of the best values for Glenroy Village homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2377 Willowview Dr | 2377 Willowview Dr | 4BR, 2.5BA | $1.03 |
| 7751 Serene Stream Way | 7751 Serene Stream Way | 4BR, 3BA | $0.97 |
Frequently Asked Questions about Glenroy Village
What type of rentals are currently available in Glenroy Village?
There are currently 57 Apartments for Rent in Glenroy Village, IN with pricing that ranges from $659 to $1,807. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Glenroy Village ranging from $775 to $2,185.
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 $775 to $2,185 with an average monthly rent of $1,641.
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 $1,184 to $1,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $1,745. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,486.
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

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

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.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.