
Cheap Apartments for Rent in the Drexel Garden Neighborhood of Indianapolis, IN from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drexel Garden area of Indianapolis.


Maple Creek Village

The Boardwalk at Westlake Apartments and Townhomes

Ashgrove Apartments

Pinnacle West

1241 W Lee St

Abbey Apartments - Affordable Senior Housing

The Park at Greenhill

Total Monthly Price
Horizons Apartments
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.

The Hills Apartment Homes

Covington Square

Suncrest

Auburn Hills Apartments

Carriage House West

Ashton Pointe

Alpine Studios

1269 Farley Dr, Unit 1269

Westpark 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.

Mann Village Apartments

2402 Mars Hill St

1450 Blaine Ave

3256-3258 W Mooresville Rd

3244-3246 W Mooresville Rd

The Assumption on Blaine

Proctor Place

Addison Creek

Fisher 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.

Koehne Commons Apartments

Cloverleaf Apartments & Townhomes

Pinewood Village Apartments

Remington on Rockville

Valley Brook MHC

Deerfield Acres

Central State Mansion

1442-1444 S Richland St

765 N Belleview Pl
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.

767 N Belleview Pl

4935 W 11th St

Aspen Pointe Apartments

1339 W Lee St

10 West Apartments

The Oasis

411 N Centennial St

Chapel Hill Apartments

2007 Westview Dr
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.

5406 Chelsea Rd

86 N Holmes Ave

Wyckford Commons
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 | $977 | $700 | $1,650 |
| Drexel Garden 1 Bedroom Apartments | $1,055 | $760 | $1,502 |
| Drexel Garden 2 Bedroom Apartments | $1,264 | $775 | $1,852 |
| Drexel Garden 3 Bedroom Apartments | $1,536 | $1,200 | $1,800 |
| Drexel Garden 4 Bedroom Apartments | $1,480 | $600 | $3,178 |
Browse Apartments in this Neighborhood
There are currently 48 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 2 Beds unit found at Proctor Place priced from $492. Maple Creek Village has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Drexel Garden apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Proctor Place | 2 Bedroom | 2BR,1BA | $492 |
| Maple Creek Village | Studio | Studio,1BA | $700 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $745 |
| Pinnacle West | One Bedroom | 1BR,1BA | $750 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| The Park at Greenhill | 1 Bedroom, 1 Bath 654 SF - Creek Side | 1BR,1BA | $901 |
| The Hills Apartment Homes | 1x1 Classic | 1BR,1BA | $939 |
| 10 West Apartments | The Abbey | 1BR,1BA | $976 |
| The Oasis | The Quartz | 1BR,1BA | $984 |
| Carriage House West | The Windsor | 1BR,1BA | $995 |
Best Value Apartments for Rent in Drexel Garden, IN
As of June 21, 2026 the best value apartment in the Drexel Garden area is the $0.98 price per square foot The Voyager Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,500. The second greatest value Drexel Garden apartment is the Three Bedroom 1.5 Bath TH Model at Covington Square starting at $1,470 with a $1.03 price per square foot in the Speedway Wellhead 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. |
|---|---|---|---|
| Chapel Hill Apartments | The Voyager | 3BR,1.5BA | $0.98 |
| Covington Square | Three Bedroom 1.5 Bath TH | 3BR,1.5BA | $1.03 |
| Proctor Place | 3 Bedroom | 3BR,2BA | $0.97 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.46 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.35 |
| The Assumption on Blaine | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| 10 West Apartments | The Abbey | 1BR,1BA | $1.24 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.39 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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 ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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.
Pet Friendly LifestyleDrexel Garden, Indianapolis, IN
Ranked #169
Among cities in Indiana 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 $995.
What is the price of a cheap apartment in Drexel Garden?
The cheapest apartment in Drexel Garden is Pinnacle West which is listed at $750, while the average apartment in Drexel Garden costs $1,663.
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 111 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 $428 which is $1,235 cheaper than the average rent for all rentals in Drexel Garden.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

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.

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.

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.

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.