Cheap Apartments for Rent in the Drexel Garden Neighborhood of Indianapolis, IN from $400 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Drexel Garden area of Indianapolis.

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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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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included
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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
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Remington on Rockville
1 to 3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
  • Utilities Included
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Valley Brook MHC
3 to 4 Bedroom Apartments

Valley Brook MHC

4620 S High School RdIndianapolis, IN 46241

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Deerfield Acres
3 Bedroom Apartments

Deerfield Acres

4000 Foltz StIndianapolis, IN 46221

Drexel Garden, Indianapolis, IN Local Guide

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 Pinnacle West priced from $759. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here are the most affordable Drexel Garden apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Pinnacle WestStudioStudio,1BA$759
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$760
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
The Hills Apartment Homes1x1 - Classic1BR,1BA$849
10 West ApartmentsThe Abbey1BR,1BA$916

Best Value Apartments for Rent in Drexel Garden, IN

As of December 10, 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 The Adobe Model at 10 West Apartments starting at $1,666 with a $1.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Assumption on Blaine2 Bed 2 Bath2BR,2BA$1.35
10 West ApartmentsThe Adobe3BR,2.5BA$1.29
Westpark Townhomes2 Bed 1.5 Bath Townhome2BR,1.5BA$1.11
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.41
Covington SquareTwo Bedroom One Bath2BR,1BA$1.42
Wyckford CommonsThe Artemis1BR,1BA$1.47
The OasisThe Goen1BR,1BA$1.45
Vivio on TenthPer Bedroom - 2x2 B5 728sf2BR,2BA$1.35
Pinnacle WestStudioStudio ,1BA$1.38
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,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.

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Your 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

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Drexel Garden, Indianapolis, IN

Ranked #165

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,030.

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 $1,629.

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 87 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 $459 which is $1,170 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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!