
Cheap Apartments for Rent in Drexel, NC from $900 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Drexel.


The Abbey

Apartments on 20th

101 Park Place Ave

The Village at Catawba Ridge

Hickory East

Argyle Place

The Villas at Pebble Creek

Huntington Park Apartments

Blue Bell at Lenoir Mills
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.

Morganton Trading Company

Forest View Apartments

The Gates at Highland apartment homes

Meadowood Apartments

Woodbridge Apartments

Cedarbrook Apartments

Highland Commons

The Estates

Murphy`s Farm Apartments

Cedar Hills Apartments & Townhomes
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.

29 North

The Condominiums at Cedarwood

Landings & Villas of Hickory

Plaza View Luxury Condominiums

Park View Apartments

Laurel Forest

Hawks Landing

Wellington Place

712 Dixie Ave NW

Riverview Apartments
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.

2155 White Pine M H P Rd

100 2nd Ave SE

715 23rd St NW

4390 Sawmills School Rd

137 18th St NW

404 W Main St

Waterford Place Apartments

Viewmont Pointe

115 E Parker Rd

603 Jason Pl SW
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.

8364 Cedar St

1421 Piedmont Dr NW

2311 Central Dr

1410 Dillard Ln

1410 Dillard Ln

Union Square Apartments

2842 Dale St

341 8th Ave Dr NW

Bost Road Apartments

318 Glendale St NW
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Drexel, NC Local Guide

How much does it cost to rent an apartment in Drexel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drexel Studio Apartments | $1,091 | $1,025 | $1,175 |
| Drexel 1 Bedroom Apartments | $1,640 | $979 | $3,071 |
| Drexel 2 Bedroom Apartments | $1,755 | $1,199 | $3,804 |
| Drexel 3 Bedroom Apartments | $1,676 | $1,375 | $2,175 |
Browse Top Apartments in Drexel
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Drexel, NC Local Guide
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Cheapest Available Drexel Apartments for Rent and Nearby
 The cheapest available apartment rental in Drexel, NC is a 1 Bed unit found at The Abbey in the Oakwood Hillcrest neighborhood priced from $990. 101 Park Place Ave 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Abbey | 1BR/1.0BA | 1BR,1BA | $990 |
| 101 Park Place Ave | One Bed | 1BR,1BA | $1,000 |
| The Village at Catawba Ridge | Studio Standard-Call For Availability | Studio,1BA | $1,025 |
| Apartments on 20th | Waterside 1 Bedroom | 1BR,1BA | $1,100 |
| The Villas at Pebble Creek | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,125 |
| Forest View Apartments | Two Bedroom | 2BR,1BA | $1,200 |
| Morganton Trading Company | 1 Bedroom Waitlist | 1BR,1BA | $1,200 |
| Woodbridge Apartments | 2 Bedroom Standard | 2BR,1BA | $1,250 |
| Union Square Apartments | Two Bedroom - Two Bath | 2BR,2BA | $1,250 |
| Murphy`s Farm Apartments | One Bedroom | 1BR,1BA | $1,263 |
Best Value Apartments for Rent in Drexel, NC and Nearby
As of May 08, 2026 the best value apartment in the Drexel area is the $1.16 price per square foot The Maplewood Model at Laurel Forest in the in the Downtown Hickory neighborhood starting from $1,400. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Laurel Forest | The Maplewood | 2BR,2.5BA | $1.16 |
| 101 Park Place Ave | 3 BR | 3BR,2BA | $1.25 |
| Cedarbrook Apartments | 2 Bedroom - Garden | 2BR,2BA | $1.16 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| The Condominiums at Cedarwood | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Bost Road Apartments | 2 Bedroom | 2BR,1.5BA | $1.24 |
| Hickory East | 2 bedroom B | 2BR,1.5BA | $1.27 |
| Woodbridge Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.27 |
| The Villas at Pebble Creek | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| The Abbey | 1BR/1.0BA | 1BR,1BA | $1.23 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Drexel, NC Rentals by Map
See the most popular apartments and homes in Drexel, NC
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 The Village at Catawba Ridge listed at $1,025.
How much is rent for a Cheap One Bedroom Drexel Apartment?
The lowest price for a Cheap One Bedroom Drexel Apartment is $990 at The Abbey.
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 $1,200 at Forest View Apartments.
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 $1,375.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.