
Cheap Homes for Rent in Drexel Garden Neighborhood of Indianapolis, IN from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Drexel Garden area of Indianapolis.


1346 S Sheffield Ave

3014 W 10th St

1058 N Traub Ave
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.

Spacious 2BR/1BA located on the west side

1360 S Sheffield Ave

5903 W Morris St

3026 S Rybolt Ave
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.

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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 | $1,271 | $749 | $1,950 |
Drexel Garden 3 Bedroom Homes for Rent | $1,666 | $1,070 | $2,500 |
Drexel Garden 4 Bedroom Homes for Rent | $1,848 | $1,325 | $2,300 |
Drexel Garden 5 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 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 |
Best Value Apartments for Rent in Drexel Garden, IN
As of October 13, 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 3 Bedroom Model at Proctor Place starting at $1,131 with a $0.97 price per square foot in the Garden City 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 |
Proctor Place | 3 Bedroom | 3BR,2BA | $0.97 |
The Hills Apartment Homes | 3x2 | 3BR,2BA | $1.21 |
Wyckford Commons | The Valentino | 2BR,2BA | $1.31 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Ashton Pointe | Two Bedroom Apartment | 2BR,1BA | $1.38 |
Covington Square | Two Bedroom One Bath | 2BR,1BA | $1.42 |
Horizons Apartments | The Aspiration | 2BR,1BA | $1.41 |
The Oasis | The Jasper | 1BR,1BA | $1.41 |
Pinnacle West | Studio | Studio ,1BA | $1.38 |
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.
Pet Friendly LifestyleDrexel Garden, Indianapolis, IN
Ranked #177
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 77 Apartments for Rent in Drexel Garden, IN with pricing that ranges from $550 to $3,600. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drexel Garden ranging from $465 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 $465 to $2,500 with an average monthly rent of $1,570.
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 $1,275 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,070 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,325 and Four Bedroom Apartments start at $550.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.