
Cheap Homes for Rent in Drexel Garden Neighborhood of Indianapolis, IN from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Drexel Garden area of Indianapolis.


1226 S Sheffield Ave

1234 S Sheffield Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1111 Medford Ave

832 Waldemere Ave

615 N Tibbs Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

601 N Tibbs Ave

3502 S Farnsworth St

960 N Concord St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1058 N Traub Ave

1757 Howard St

4935 W 11th St
Drexel Garden - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

3301 W 11th St

2007 Westview Dr
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 | $1,113 | $950 | $1,400 |
Drexel Garden 3 Bedroom Homes for Rent | $1,763 | $1,295 | $2,800 |
Drexel Garden 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 3 mile radius of the Drexel Garden Neighborhood of Indianapolis, IN.
Explore Indianapolis
Drexel Garden, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $778 |
The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $795 |
Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $800 |
Best Value Apartments for Rent in Drexel Garden, IN
As of May 10, 2025 the best value apartment in the Drexel Garden area is the $1.21 price per square foot 4 Bedroom 2 Bath, 1430 - CS-Upgrade Model at The Park at Greenhill in the in the Speedway Wellhead neighborhood starting from $1,724. The second greatest value Drexel Garden apartment is the Three Bedroom Model at Plaza at Central Greens starting at $1,492 with a $1.29 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 Park at Greenhill | 4 Bedroom 2 Bath, 1430 - CS-Upgrade | 4BR,2BA | $1.21 |
Plaza at Central Greens | Three Bedroom | 3BR,2BA | $1.29 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Proctor Place | 2 Bedroom | 2BR,1BA | $1.17 |
Eagle Lake Landing | The Islander | 1BR,1BA | $1.38 |
Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.30 |
Ashton Pointe | One Bedroom Apartment | 1BR,1BA | $1.47 |
The Oasis | The Jasper | 1BR,1BA | $1.38 |
Pinnacle West | Studio | Studio ,1BA | $1.38 |
Abbey Apartments - Affordable Senior Housing | One Bedroom | 1BR,1BA | $1.45 |
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.
Frequently Asked Questions about Drexel Garden
What type of rentals are currently available in Drexel Garden?
There are currently 80 Apartments for Rent in Drexel Garden, IN with pricing that ranges from $335 to $3,587. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drexel Garden ranging from $645 to $2,800.
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 $645 to $2,800 with an average monthly rent of $1,578.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.