
Cheap Homes for Rent in Drexel Garden Neighborhood of Indianapolis, IN from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Drexel Garden area of Indianapolis.


1442-1444 S Richland St

725 Lynn St

1234 S Sheffield Ave

1226 S Sheffield Ave

1058 N Traub Ave

4935 W 11th St

3301 W 11th St

3133 W Michigan St
Drexel Garden
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
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 | $1,225 | $950 | $1,725 |
Drexel Garden 3 Bedroom Homes for Rent | $1,704 | $1,099 | $2,350 |
Drexel Garden 4 Bedroom Homes for Rent | $1,975 | $1,655 | $2,295 |
Drexel Garden 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
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.
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 1 Bed unit found at 1043 N Holmes Ave priced from $390. 281 N Warman Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here are the most affordable Drexel Garden apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1043 N Holmes Ave | 1043 N Holmes Ave | 1BR,1BA | $390 |
281 N Warman Ave | 281 N Warman Ave | 1BR,1BA | $425 |
The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $725 |
Best Value Apartments for Rent in Drexel Garden, IN
As of April 03, 2025 the best value apartment in the Drexel Garden area is the $1.12 price per square foot 1235 W Glenhal Cir Model at 1235 W Glenhal Cir in the in the Chapel Hill Village neighborhood starting from $2,150. The second greatest value Drexel Garden apartment is the The Pinnacle Model at Chapel Hill Apartments starting at $1,450 with a $0.98 price per square foot in the West Wayne 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. |
---|---|---|---|
1235 W Glenhal Cir | 1235 W Glenhal Cir | 4BR,3BA | $1.12 |
Chapel Hill Apartments | The Pinnacle | 2BR,1.5BA | $0.98 |
10 West Apartments | The Broadway | 2BR,2BA | $1.31 |
Proctor Place | 2 Bedroom | 2BR,1BA | $1.17 |
Suncrest | Aurora | 2BR,1.5BA | $1.38 |
Plaza at Central Greens | One Bedroom | 1BR,1BA | $1.15 |
Hills Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.17 |
The Oasis | The Goen | 1BR,1BA | $1.45 |
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 84 Apartments for Rent in Drexel Garden, IN with pricing that ranges from $699 to $4,048. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drexel Garden ranging from $650 to $2,695.
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 $650 to $2,695 with an average monthly rent of $1,667.
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 $1,250 to $4,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,655 and Four Bedroom Apartments start at $699.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.