
Cheap Apartments for Rent in the Drexel Garden Neighborhood of Indianapolis, IN from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drexel Garden area of Indianapolis.


1043 N Holmes Ave

832 Waldemere Ave

1031 N Centennial St
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.

Ashgrove Apartments

Pinnacle West

The Boardwalk at Westlake Apartments and Townhomes

Abbey Apartments - Affordable Senior Housing

Maple Creek Village
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.

1226 S Sheffield Ave

1234 S Sheffield Ave

1111 Medford Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1702 W Michigan St

1304 Phillips Dr

3502 S Farnsworth St
Drexel Garden, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Drexel Garden?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Drexel Garden Studio Apartments | $1,131 | $750 | $1,950 |
Drexel Garden 1 Bedroom Apartments | $1,184 | $425 | $2,207 |
Drexel Garden 2 Bedroom Apartments | $1,435 | $800 | $2,854 |
Drexel Garden 3 Bedroom Apartments | $1,730 | $1,257 | $3,219 |
Drexel Garden 4 Bedroom Apartments | $999 | $550 | $4,180 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 3 mile radius of the Drexel Garden Neighborhood of Indianapolis, IN.
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Drexel Garden, Indianapolis, IN Local Guide
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Cheapest Available Drexel Garden Apartments for Rent
 The cheapest available apartment rental in the Drexel Garden area of Indianapolis, IN is a Studio unit found at Ashgrove Apartments priced from $750. Pinnacle West has the second lowest priced unit, which is a Studio apartment currently listed from $759. Here are the most affordable Drexel Garden apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ashgrove Apartments | Studio | Studio,1BA | $750 |
Pinnacle West | Studio | Studio,1BA | $759 |
The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | Studio,1BA | $760 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $841 |
Best Value Apartments for Rent in Drexel Garden, IN
As of June 20, 2025 the best value apartment in the Drexel Garden area is the $1.24 price per square foot The Endeavor Model at Horizons Apartments in the in the Airport District neighborhood starting from $1,305. The second greatest value Drexel Garden apartment is the Augusta (Fireplace) Model at Auburn Hills Apartments starting at $1,420 with a $1.42 price per square foot in the Westside Indianapolis neighborhood. Here is today’s list of the best values for Drexel Garden apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horizons Apartments | The Endeavor | 3BR,1BA | $1.24 |
Auburn Hills Apartments | Augusta (Fireplace) | 2BR,2BA | $1.42 |
Ashton Pointe | Two Bedroom Townhome | 2BR,1.5BA | $1.34 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Proctor Place | 2 Bedroom | 2BR,1BA | $1.23 |
The Oasis | The Emerald | 2BR,2BA | $1.33 |
Carriage House West | The Addison | 2BR,1BA | $1.50 |
Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.44 |
Pinnacle West | Studio | Studio ,1BA | $1.38 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDrexel Garden, Indianapolis, IN
Ranked #197
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Drexel Garden, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Indiana and customized analysis for Southwestern Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Drexel Garden Apartments
What is a cheap apartment in Drexel Garden?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Drexel Garden is under $1,094.
What is the price of a cheap apartment in Drexel Garden?
The cheapest apartment in Drexel Garden is Abbey Apartments - Affordable Senior Housing which is listed at $778, while the average apartment in Drexel Garden costs $1,545.
What types of apartments are the cheapest in Drexel Garden?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 38 regular apartments in Drexel Garden that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Drexel Garden?
Cheap apartments in Drexel Garden have an average cost of $302 which is $1,243 cheaper than the average rent for all rentals in Drexel Garden.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.