5+ Days Ago
Highlights
Pet Friendly
Location
8016 Louisville Dr, Indianapolis, IN 46226, USA
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Property Overview
The Reserve at Franklin Glenn I LP receives a strong overall Zumper expert rating of 8.3, reflecting its competitive pricing and value. With a location score of 9 and an amenities rating of 8, it offers excellent convenience and a quality living experience. Additionally, proximity to a top-rated elementary school furthers its appeal, demonstrating its strong value for money relative to other properties in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
Floor plans
| Soon Available: Your Perfect Home Awaits | 2 bed | 2 bath | 930 sqft | $1,292 /mo | 1 unit available | ||
| Your Dream Apartment! | 3 bed | 2 bath | 1,190 sqft | $1,490 /mo | 1 unit available | ||
| Spacious Living at Reserve at Franklin Glenn! | 4 bed | 2 bath | 1,460 sqft | $1,636 /mo | 1 unit available |
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Amenities for The Reserve at Franklin Glenn I LP
Building
| Cats OK | Dogs OK |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 134 |
|---|
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About The Reserve at Franklin Glenn I LP
The Reserve at Franklin Glenn I LP cost $1,292–$1,636 per month. Located at 8016 Louisville Dr, Indianapolis, IN 46226, USA, The Reserve at Franklin Glenn I LP has 2 — 4 bedroom units available. Based on the average rent price of 4 bedrooms in Indianapolis, renting an apartment at The Reserve at Franklin Glenn I LP is 12% cheaper per month.Other apartment buildings in or around Indianapolis include but are not limited to: 8525 Laurel Valley Dr, 7545 Bayview Club Dr, 2910 White Knight Blvd, 8210 Lakeshore Trail East Dr
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, The Reserve at Franklin Glenn I LP is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Reserve at Franklin Glenn I LP has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Reserve at Franklin Glenn I LP stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Reserve at Franklin Glenn I LP is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Reserve at Franklin Glenn I LP is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Reserve at Franklin Glenn I LP does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Reserve at Franklin Glenn I LP provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How The Reserve at Franklin Glenn I LP compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 mile away
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Rent trends in Indianapolis
If you decide to upgrade your space, you can expect 2-bedrooms at The Reserve at Franklin Glenn I LP to be 1% more than the average for similarly sized apartments in Indianapolis.
3-bedroom apartments at The Reserve at Franklin Glenn I LP cost about 7% less than the average rent price for 3-bedroom apartments in Indianapolis.
4-bedroom apartments at The Reserve at Franklin Glenn I LP cost about 12% less than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Oct 25 2025.
Indianapolis
| Month | Median Rent |
|---|---|
| November 2023 | $980 |
| December 2023 | $972 |
| January 2024 | $900 |
| February 2024 | $908 |
| March 2024 | $1,040 |
| April 2024 | $1,074 |
| May 2024 | $1,117 |
| June 2024 | $1,171 |
| July 2024 | $1,091 |
| August 2024 | $1,047 |
| September 2024 | $1,090 |
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
Affordability calculator
Can I afford to live at 8016 Louisville Dr?
Bedrooms
Rent-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
$51,680/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,680 annually to afford this 2-bedrooms monthly rent price of $1,292.
For more information on rent affordability, visit our rent calculator.
Schools near The Reserve at Franklin Glenn I LP
Early Learning Centers
6501 sunnysdie rd
indianapolis, IN, 46236
PK, KPublic
B+
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Internet available near The Reserve at Franklin Glenn I LP
Getting around Indianapolis near 8016 Louisville Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 8016 Louisville Dr, Indianapolis
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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