
Cheap Homes for Rent in the Drexel Garden Neighborhood of Indianapolis, IN from $300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Drexel Garden area of Indianapolis.


1111 Medford Ave

607 N Tibbs Ave

3553 W Michigan St, Unit 3553

1444 S Richland St

2511 Turner Ave
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.

765 N Belleview Pl

2015 W Miller St

2013 W Miller St

4935 W 11th St

1339 W Lee St

411 N Centennial St
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.

86 N Holmes Ave
Drexel Garden, Indianapolis, IN Local Guide

How much does it cost to rent a home in Drexel Garden?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drexel Garden 2 Bedroom Homes for Rent | $1,178 | $875 | $2,200 |
| Drexel Garden 3 Bedroom Homes for Rent | $1,683 | $825 | $2,170 |
| Drexel Garden 4 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
| Drexel Garden 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Maple Creek Village priced from $700. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Drexel Garden apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Creek Village | Studio | Studio,1BA | $700 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $735 |
| 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 |
Best Value Apartments for Rent in Drexel Garden, IN
As of July 15, 2026 the best value apartment in the Drexel Garden area is the $0.94 price per square foot The Denali Model at Chapel Hill Apartments in the in the West Wayne neighborhood starting from $1,300. The second greatest value Drexel Garden apartment is the The Kincaid Model at Carriage House West starting at $1,351 with a $1.35 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. |
|---|---|---|---|
| Chapel Hill Apartments | The Denali | 1BR,1.5BA | $0.94 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.35 |
| Ashton Pointe | Two Bedroom Townhome | 2BR,1.5BA | $1.43 |
| Proctor Place | 2 Bedroom | 2BR,1BA | $1.10 |
| 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 | $1.43 |
| The Oasis | The Quartz | 1BR,1BA | $1.47 |
| 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 #221
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
Frequently Asked Questions about Drexel Garden
What type of rentals are currently available in Drexel Garden?
There are currently 83 Apartments for Rent in Drexel Garden, IN with pricing that ranges from $600 to $3,036. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drexel Garden ranging from $370 to $2,500.
What is the current price range for Rental Homes in Drexel Garden?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drexel Garden ranges from $370 to $2,500 with an average monthly rent of $1,690.
How much are larger Three and Four Bedroom Rentals in Drexel Garden?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drexel Garden range from $1,000 to $1,745, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,170. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $600.
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
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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.

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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.

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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

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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.