Cheap Apartments for Rent in Drexel, NC from $700 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Drexel.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Waterford Place Apartments
1 to 3 Bedroom Apartments

Waterford Place Apartments

4000 N Center StHickory, NC 28601
Furnished
  • Utilities Included
  • Smoke Free
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Viewmont Pointe
Studio to 2 Bedroom Apartments

Viewmont Pointe

420 10th Avenue Dr NEHickory, NC 28601
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Drexel, NC Local Guide

Cheapest Available Drexel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drexel, NC is a Studio unit found at Quail Ridge Apartments in the Lakeland neighborhood priced from $750. Apartments on 20th in the Viewmont neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Drexel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quail Ridge ApartmentsStudioStudio,1BA$750
Apartments on 20thEastside 1 Bedroom1BR,1BA$1,000
101 Park Place AveOne Bed1BR,1BA$1,000
The Village at Catawba RidgeStudio Standard-Call For AvailabilityStudio,1BA$1,025
Landings & Villas of Hickory2X2 - Low Income2BR,2BA$1,063
The Abbey1BR/1.0BA1BR,1BA$1,095
Morganton Trading Company1 Bedroom Waitlist1BR,1BA$1,200
Forest View ApartmentsTwo Bedroom2BR,1BA$1,200
Woodbridge Apartments2 Bedroom Standard2BR,1BA$1,250
Highland Commons2 br 1 bath NEW2BR,1BA$1,250

Best Value Apartments for Rent in Drexel, NC and Nearby

As of June 22, 2026 the best value apartment in the Drexel area is the $1.34 price per square foot B2 2 Bedroom 2 Bath The Estates at Legends Model at The Estates in the in the Kenworth neighborhood starting from $1,715. The second greatest value Drexel apartment is the 3 BR Model at 101 Park Place Ave starting at $1,500 with a $1.25 price per square foot . Here is today’s list of the best values for Drexel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The EstatesB2 2 Bedroom 2 Bath The Estates at Legends2BR,2BA$1.34
101 Park Place Ave3 BR3BR,2BA$1.25
Cedarbrook Apartments2 Bedroom - Garden2BR,2BA$1.16
Plaza View Luxury Condominiums2 Bed, 1.5 Bath Model2BR,1.5BA$1.18
The Condominiums at Cedarwood2 Bed, 1.5 Bath Model2BR,1.5BA$1.18
The Gates at HighlandThe Fleetwood2BR,2BA$1.32
Bost Road Apartments2 Bedroom2BR,1.5BA$1.24
Hickory East2 bedroom B2BR,1.5BA$1.27
Woodbridge Apartments2 Bedroom Townhouse2BR,1.5BA$1.27
4152 Cherrywood DrThe Brookstone2BR,1.5BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Drexel Apartments

What is the Cheapest Studio apartment in Drexel?

Currently the most affordable Cheap Studio Apartment in Drexel is at Quail Ridge Apartments listed at $750.

How much is rent for a Cheap One Bedroom Drexel Apartment?

The lowest price for a Cheap One Bedroom Drexel Apartment is $850 at Quail Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Drexel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Drexel is starting from $1,063 at Landings & Villas of Hickory.

What is the most affordable Drexel Three Bedroom Apartment?

The best deal on a cheap Drexel Three Bedroom Apartment rental is at Highland Commons and starts from $1,325.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.