
Cheap Apartments for Rent in the Driftwood Hills Neighborhood of Indianapolis, IN from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Driftwood Hills area of Indianapolis.


River Road Apartments

Northwood on the Trail

Northview

Retreat at Riverbend Apartment Homes

College Courts

TGM Autumn Woods

Elevate Keystone Apartments
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The Lodge at Trails Edge

Ashton Brook

Lakeshore Apartments

Solana Apartments

Nook Nine

River Ridge

Lake Clearwater Apartments

River Crossing
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The Edge

Notch at Nora

82 Flats

Quarry at River North

Ironworks at Keystone

Somerset Lakes

1705 Randall Rd

1070 Sedona Pass
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Carlyle Court

Nora Commons on the Monon Senior Apartments

Crestwood Village North

9000 Westfield Apartments

VITRA Apartments

1070 Sedona Pass

Sunrise on the Monon

The Retreat at Carmel
Driftwood Hills - 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!

The Seasons of Carmel

Total Monthly Price
The Steadman Apartments of Carmel
Driftwood Hills, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Driftwood Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Driftwood Hills Studio Apartments | $1,178 | $799 | $1,490 |
| Driftwood Hills 1 Bedroom Apartments | $1,367 | $880 | $1,995 |
| Driftwood Hills 2 Bedroom Apartments | $1,722 | $1,119 | $2,949 |
| Driftwood Hills 3 Bedroom Apartments | $2,342 | $1,615 | $3,496 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Driftwood Hills Neighborhood of Indianapolis, IN.
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Driftwood Hills, Indianapolis, IN Local Guide
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Cheapest Available Driftwood Hills Apartments for Rent
 The cheapest available apartment rental in the Driftwood Hills area of Indianapolis, IN is a Studio unit found at The Hub at Nora priced from $799. Carlyle Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here are the most affordable Driftwood Hills apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hub at Nora | Studio - The Core | Studio,1BA | $799 |
| Carlyle Court | Standard One Bedroom (S1M) | 1BR,1BA | $806 |
| River Road Apartments | Villa | 1BR,1BA | $880 |
| Northwood on the Trail | Redbud | 1BR,1BA | $950 |
| Northview | A1 Beacon | 1BR,1BA | $974 |
| College Courts | 1 Bed/1 Bath Up (C) | 1BR,1BA | $1,029 |
| TGM Autumn Woods | A2 | 1BR,1BA | $1,049 |
| Elevate Keystone Apartments | The Keystone | Studio,1BA | $1,099 |
| The Lodge at Trails Edge | The Elk | 1BR,1BA | $1,122 |
| Ashton Brook | One Bedroom Apartment | 1BR,1BA | $1,136 |
Best Value Apartments for Rent in Driftwood Hills, IN
As of July 27, 2026 the best value apartment in the Driftwood Hills area is the $1.32 price per square foot Two Bedroom with Bonus Room (7176B2) Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,899. The second greatest value Driftwood Hills apartment is the Harmony: Three Bedroom Apartment Model at Somerset Lakes starting at $1,641 with a $1.01 price per square foot in the Nora neighborhood. Here is today’s list of the best values for Driftwood Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Meridian | Two Bedroom with Bonus Room (7176B2) | 2BR,2BA | $1.32 |
| Somerset Lakes | Harmony: Three Bedroom Apartment | 3BR,2BA | $1.01 |
| Northwood on the Trail | Sugar Maple | 2BR,1BA | $1.32 |
| TGM Autumn Woods | B1 | 2BR,1BA | $1.41 |
| Quarry at River North | Granite | 1BR,1BA | $1.82 |
| Retreat at Riverbend Apartment Homes | Radiance | 1BR,1BA | $1.60 |
| The Lodge at Trails Edge | The Elk | 1BR,1BA | $1.71 |
| Northview | A2 Marina | 1BR,1BA | $1.56 |
| College Courts | 1 Bed/1 Bath Dn (C) | 1BR,1BA | $1.75 |
| Carlyle Court | Standard One Bedroom (S1M) | 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 LifestyleDriftwood Hills, Indianapolis, IN
Ranked #77
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Driftwood Hills, Indianapolis, IN
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Driftwood Hills Apartments
What is a cheap apartment in Driftwood Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Driftwood Hills is under $1,136.
What is the price of a cheap apartment in Driftwood Hills?
The cheapest apartment in Driftwood Hills is Carlyle Court which is listed at $806, while the average apartment in Driftwood Hills costs $2,299.
What types of apartments are the cheapest in Driftwood Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 29 regular apartments in Driftwood Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Driftwood Hills?
Cheap apartments in Driftwood Hills have an average cost of $151 which is $2,148 cheaper than the average rent for all rentals in Driftwood Hills.
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

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.

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.

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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.