Cheap Apartments for Rent in the Driftwood Hills Neighborhood of Indianapolis, IN from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Driftwood Hills area of Indianapolis.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 10614 McPherson St

$1,285

2 Bedroom, 1 Bath Townhome for Rent

Available Jan 1, 2026

10614 McPherson St

IndianapolisIN46280
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Carlyle Court
1 to 2 Bedroom Apartments

Carlyle Court

951 Carlyle LnIndianapolis, IN 46240
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Crestwood Village North
Studio to 2 Bedroom Apartments

Crestwood Village North

9225 Garrison DrIndianapolis, IN 46240
Senior Living
  • Utilities Included
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Northview
Studio to 2 Bedroom Apartments

Northview

8607 Cholla RdIndianapolis, IN 46240

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Driftwood Hills, Indianapolis, IN Local Guide

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 $809. College Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $864. Here are the most affordable Driftwood Hills apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Hub at NoraStudio Suite with Patio/Balcony - The SparkStudio,1BA$809
College Courts1 Bed/1 Bath Dn (A)1BR,1BA$864
River Road ApartmentsVilla1BR,1BA$880
The Lodge at Trails EdgeThe Elk1BR,1BA$975
Northwood on the TrailRedbud1BR,1BA$1,000

Best Value Apartments for Rent in Driftwood Hills, IN

As of December 28, 2025 the best value apartment in the Driftwood Hills area is the $1.18 price per square foot 7176B1 Model at Pinnacle on Meridian in the in the Nora neighborhood starting from $2,599. The second greatest value Driftwood Hills apartment is the Monterey I Model at The Retreat at Carmel starting at $2,491 with a $1.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle on Meridian7176B12BR,2BA$1.18
The Retreat at CarmelMonterey I3BR,2BA$1.52
Sunrise on the MononZenith3BR,2BA$1.49
Carlyle CourtTwo Bedroom Two Bathroom (C3)2BR,2BA$1.01
Somerset LakesRetreat: One Bedroom Apartment1BR,1BA$1.23
River CrossingRiver Rock2BR,1BA$1.60
Northwood on the TrailSugar Maple2BR,1BA$1.40
The Lodge at Trails EdgeThe Everglade2BR,1BA$1.58
Ashton BrookOne Bedroom Apartment1BR,1BA$1.64
NorthviewMarina1BR,1BA$1.77

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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

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Pet Friendly Lifestyle
Driftwood Hills, Indianapolis, IN

Ranked #82

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,188.

What is the price of a cheap apartment in Driftwood Hills?

The cheapest apartment in Driftwood Hills is College Courts which is listed at $864, while the average apartment in Driftwood Hills costs $2,549.

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 68 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 $260 which is $2,289 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

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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.

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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.

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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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!