
Cheap Apartments for Rent in the Drexel Garden Neighborhood of Indianapolis, IN from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drexel Garden area of Indianapolis.


Ashgrove Apartments

1058 N Traub Ave

Pinnacle West

The Boardwalk at Westlake Apartments and Townhomes

Abbey Apartments - Affordable Senior Housing
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.

1344 S Sheffield Ave

The Park at Greenhill

Alpine Studios

Spacious 2BR/1BA located on the west side
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.

1346 S Sheffield Ave

520 N Moreland Ave
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.

3014 W 10th St
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.

1012-1014 S Worth Ave

1360 S Sheffield Ave

5903 W Morris 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 | $955 | $699 | $1,732 |
| Drexel Garden 1 Bedroom Apartments | $1,089 | $778 | $1,545 |
| Drexel Garden 2 Bedroom Apartments | $1,331 | $945 | $2,280 |
| Drexel Garden 3 Bedroom Apartments | $1,597 | $1,275 | $2,805 |
| Drexel Garden 4 Bedroom Apartments | $980 | $550 | $4,078 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 3 mile radius of the Drexel Garden Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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 | $775 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
| Proctor Place | 1 Bedroom | 1BR,1BA | $830 |
| Vivio on Tenth | 0x1-442 | Studio,1BA | $900 |
| Ashton Pointe | One Bedroom Apartment | 1BR,1BA | $931 |
| Suncrest | Mirage | 1BR,1BA | $949 |
| The Park at Greenhill | 1 Bedroom 1 Bath 654 SF CS - Upgrade | 1BR,1BA | $973 |
| The Oasis | The Quartz | 1BR,1BA | $974 |
Best Value Apartments for Rent in Drexel Garden, IN
As of October 25, 2025 the best value apartment in the Drexel Garden area is the $1.35 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,775. The second greatest value Drexel Garden apartment is the Three Bedroom Townhome Model at Ashton Pointe starting at $1,539 with a $1.38 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. |
|---|---|---|---|
| The Assumption on Blaine | 2 Bed 2 Bath | 2BR,2BA | $1.35 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.38 |
| 10 West Apartments | The Broadway | 2BR,2BA | $1.30 |
| Wyckford Commons | The Artemis | 1BR,1BA | $1.47 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.41 |
| Covington Square | One Bedroom One Bath | 1BR,1BA | $1.42 |
| Proctor Place | 1 Bedroom | 1BR,1BA | $1.15 |
| The Oasis | The Quartz | 1BR,1BA | $1.45 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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 #179
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 $974.
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 $1,550.
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 45 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 $224 which is $1,326 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.










