Cheap Homes for Rent in Drexel Garden Neighborhood of Indianapolis, IN from $300 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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

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 $740. Here are the most affordable Drexel Garden apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Maple Creek VillageStudioStudio,1BA$700
The Boardwalk at Westlake Apartments and TownhomesStudio - 441 sqftStudio,1BA$740
Pinnacle WestStudioStudio,1BA$759
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
The Park at Greenhill1 Bedroom, 1 Bath 654 SF - Creek Side1BR,1BA$901

Best Value Apartments for Rent in Drexel Garden, IN

As of May 31, 2026 the best value apartment in the Drexel Garden area is the $1.49 price per square foot Augusta Phase II (Fireplace) Model at Auburn Hills Apartments in the in the Westside Indianapolis neighborhood starting from $1,490. The second greatest value Drexel Garden apartment is the The Kincaid Model at Carriage House West starting at $1,395 with a $1.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Auburn Hills ApartmentsAugusta Phase II (Fireplace)2BR,2BA$1.49
Carriage House WestThe Kincaid2BR,1.5BA$1.40
Proctor Place2 Bedroom2BR,1BA$1.23
10 West ApartmentsThe Dakota2BR,1BA$1.27
Wyckford CommonsThe Iris1BR,1BA$1.39
The Assumption on Blaine1 Bed 1 Bath1BR,1BA$1.31
Horizons ApartmentsThe Aspiration2BR,1BA$1.39
The OasisThe Jasper1BR,1BA$1.44
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.

Read Article
Decorative image

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

Read Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Drexel Garden, Indianapolis, IN

Ranked #192

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Drexel Garden

What type of rentals are currently available in Drexel Garden?

There are currently 77 Apartments for Rent in Drexel Garden, IN with pricing that ranges from $600 to $3,737. There are also 43 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 $1,436.

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 $1,762, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,695 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.