
Cheap Homes for Rent in Drexel Garden Neighborhood of Indianapolis, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Drexel Garden area of Indianapolis.


3014 W 10th St, Unit 2

3014 W 10th St

627 N Tibbs Ave

5376 W 10th St

1456 Kappes St
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.

1035 N Centennial St

1031 N Centennial St

451 N Warman Ave

1344 S Belmont Ave, Unit 1

1918 W Washington St, Unit 1 Bedroom

2813 W 10th 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.
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 | $1,107 | $749 | $1,800 |
| Drexel Garden 3 Bedroom Homes for Rent | $1,801 | $1,325 | $2,600 |
| Drexel Garden 4 Bedroom Homes for Rent | $1,990 | $1,475 | $2,195 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 $745. 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 | $745 |
| Pinnacle West | Studio | Studio,1BA | $759 |
| 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 April 15, 2026 the best value apartment in the Drexel Garden area is the $1.20 price per square foot 2 Bed 2 Bath Model at The Assumption on Blaine in the in the Concord neighborhood starting from $1,395. The second greatest value Drexel Garden apartment is the Augusta Phase II (Fireplace) Model at Auburn Hills Apartments starting at $1,490 with a $1.49 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. |
|---|---|---|---|
| The Assumption on Blaine | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| Auburn Hills Apartments | Augusta Phase II (Fireplace) | 2BR,2BA | $1.49 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.44 |
| Ashton Pointe | Two Bedroom Townhome | 2BR,1.5BA | $1.46 |
| 10 West Apartments | The Dakota | 2BR,1BA | $1.29 |
| Wyckford Commons | The Iris | 1BR,1BA | $1.39 |
| Chapel Hill Apartments | The Acadia | 1BR,1BA | $1.42 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.47 |
| Pinnacle West | Studio | Studio ,1BA | $1.38 |
| Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 #172
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 75 Apartments for Rent in Drexel Garden, IN with pricing that ranges from $600 to $4,316. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drexel Garden ranging from $550 to $2,600.
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 $550 to $2,600 with an average monthly rent of $1,444.
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 $1,200 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,475 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
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.