Zumper

OFFER:

Move in during October and get $100 off per month on your first 6 months

modified
Updated 11 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly
  • Swimming pool
  • Fitness center
  • Washer and dryer connections
  • Picnic and barbecue area

Location

8016 Louisville Dr, Indianapolis, IN 46226, USA
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Management

The Reserve at Franklin Glenn

Our team has verified this company

Leasing office

(765) 263-8969

Property Overview

The Reserve at Franklin Glenn earns a strong 9.4 rating, supported by excellent scores for location, quality, amenities, price, and trustworthiness. It offers a pool, fitness center, washer and dryer connections, and a picnic and barbecue area, with 19 photos and nearby top-rated elementary and middle schools adding to its appeal.

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.

Zumper Expert Rating

9.4
Excellent
The Reserve at Franklin Glenn is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • Elementary school nearby
  • Middle school nearby
  • Fitness center

Floor plans

2 Bedroom 2 Bathroom2 bed2 bath930 sqft$1,225 /mo1 unit available
3 Bedroom 2 Bathroom Townhome3 bed2 bath1,190 sqft$1,416 /mo1 unit available

Let's explore this property.

Amenities for The Reserve at Franklin Glenn

Building

Cats OKCommunity Laundry Facility
Dogs OKFitness Center

Grounds

BBQ AreaPicnic Area
PlaygroundSwimming Pool
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Damage Waiver Fee

Monthly.

$15

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units134

About The Reserve at Franklin Glenn

HomeApartments in Indianapolis The Reserve at Franklin Glenn

The Reserve at Franklin Glen is located in Indianapolis, Indiana in the 46226 zip code. This apartment community was built in 1995 and has 2 stories with 134 units. Featuring two, three, and four-bedroom homes. that include washer and dryer connections, there is sure to be a floorplan that will compliment any lifestyle. Residents will also enjoy access to a picnic and barbecue area, swimming pool, fitness center, convenient access to I-465, and an attentive management team. Welcome to great living. Welcome to The Reserve at Franklin Glenn.


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.
9.4
/10
Excellent
The Reserve at Franklin Glenn is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated The Reserve at Franklin Glenn
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 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·9A 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.
The Reserve at Franklin Glenn goes above and beyond to provide sought-after conveniences and desirable perks, including bbq area. Renters looking for popular or luxurious features will find them here—and for that reason, The Reserve at Franklin Glenn receives one of the highest amenities scores.
Location·10A 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 offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
The Reserve at Franklin Glenn has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at The Reserve at Franklin Glenn.
Trustworthiness·9A 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 has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

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 compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.4 miles away
Middle school nearby
There is a middle school 1.5 miles away
Fitness center
The gym is just a few steps away
Images Available
There are at least 10 photos of this property
Pool
Enhanced community features

Considerations

Greater distance from high schools
The nearest high school is farther than 1.6 miles 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 to be 5% less than the average for similarly sized apartments in Indianapolis.

3-bedroom apartments at The Reserve at Franklin Glenn cost about 14% less than the average rent price for 3-bedroom apartments in Indianapolis.

Median rents as of Oct 24 2026.
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
November 2024$1,123
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
November 2025$1,048
December 2025$1,029
January 2026$1,039
February 2026$1,034
March 2026$1,004
April 2026$955
May 2026$951
June 2026$892
July 2026$871
August 2026$888
September 2026$930
October 2026$956

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

$49,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $49,000 annually to afford this 2-bedrooms monthly rent price of $1,225.
For more information on rent affordability, visit our rent calculator.

Schools near The Reserve at Franklin Glenn

Family Development Services, CAFE Head Start

8902 east 38th st

indianapolis, IN, 46226

PKPublic

Family Development Services - Windsor Village East

5950 e 23rd st

indianapolis, IN, 46218

PKPublic

Early Learning Centers

6501 sunnysdie rd

indianapolis, IN, 46236

PK, KPublic
B+

Indiana School for the Deaf

1200 e 42nd st

indianapolis, IN, 46205

PK, K-12Public

Clearwater Elementary School

3575 e 79th st

indianapolis, IN, 46240

K-5Public
A-
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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

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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