
Cheap Apartments for Rent in the Mapelton Neighborhood of Indianapolis, IN from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mapelton area of Indianapolis.


2846-2846 Dr Andrew J Brown Ave

Maple Court

34 North Apartments

The Star

Parkway

The Meridian

Parkview Apartments LLC
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3340 N Meridian St

Total Monthly Price
2947 Schofield Ave, Unit 2947

3929 N Kenwood Ave

CityView on Meridian

3450 Graceland Ave

Buckingham & Balmoral

Crown Point Apartments

Charmwood Terrace
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Brownstone Apartments

Parkside At Tarkington

THE COURTS OF MONON

Marblehead

VILLAGE AT FALL CREEK

727 Fairfield Ave

The Historic Bauer

Historic Dorchester
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Oxmoor Apartments

Winston

Overlook at the Fairgrounds

Admiral

The Regal Apartments

1 & 2 Bedroom Apartments in Downtown Indianapolis - Meridian Plaza Awaits You!

2831 N Kenwood Ave

Birchwood Place
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Meier House Apartments

3519 Balsam Ave

3286 Hovey St

Magnolia Living

Stetson Senior Apartments

3141 N Park Ave

3233 Ralston Ave

538 W 29th St
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3706 N Kenwood Ave

3708 N Kenwood Ave

3207 N Arsenal Ave

3469 Graceland Ave
Mapelton, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Mapelton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mapelton Studio Apartments | $1,038 | $629 | $1,400 |
| Mapelton 1 Bedroom Apartments | $1,230 | $700 | $1,730 |
| Mapelton 2 Bedroom Apartments | $1,491 | $859 | $3,622 |
| Mapelton 3 Bedroom Apartments | $2,078 | $1,249 | $4,291 |
| Mapelton 4 Bedroom Apartments | $2,842 | $995 | $5,056 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 1 mile radius of the Mapelton Neighborhood of Indianapolis, IN.
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Mapelton, Indianapolis, IN Local Guide
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Cheapest Available Mapelton Apartments for Rent
 The cheapest available apartment rental in the Mapelton area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Oxmoor Indy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Mapelton apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| Maple Court Apartments - Where City Convenience Meets Neighborhood Charm! | Studio | Studio,1BA | $725 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| The Meridian | The Penn | Studio,1BA | $799 |
| Parkview Apartments LLC | 0 Bedroom 1 Bath - 35089 | Studio,1BA | $845 |
| 3519 Balsam Ave | 1 Beds, 1 Baths | 1BR,1BA | $850 |
Best Value Apartments for Rent in Mapelton, IN
As of June 09, 2026 the best value apartment in the Mapelton area is the $0.76 price per square foot 2 Bed Model at The Star in the in the Martindale neighborhood starting from $799. The second greatest value Mapelton apartment is the 3326 Ruckle St Model at 3326 Ruckle St, Unit Rear Apartment starting at $1,250 with a $1.19 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Mapelton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Oxmoor Indy | 3BR/1.0BA | 3BR,1BA | $1.00 |
| CityView on Meridian | 1 Bedroom/1Bathroom 645 | 1BR,1BA | $1.63 |
| Parkview Apartments LLC | 1 Bedroom 1 Bath - 35090 | 1BR,1BA | $1.45 |
| 2947 Schofield Ave, Unit 2947 | 2947 Schofield Ave | 2BR,1BA | $1.47 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
| Maple Court Apartments - Where City Convenience Meets Neighborhood Charm! | Studio | Studio ,1BA | $1.32 |
| The Meridian | The Penn | Studio ,1BA | $1.65 |
| 34 North Apartments | Studio | Studio ,1BA | $1.61 |
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 LifestyleMapelton, Indianapolis, IN
Ranked #176
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Mapelton Apartments
What is the Cheapest Studio apartment in Mapelton?
Currently the most affordable Cheap Studio Apartment in Mapelton is at Meridian Towers listed at $629.
How much is rent for a Cheap One Bedroom Mapelton Apartment?
The lowest price for a Cheap One Bedroom Mapelton Apartment is $699 at Oxmoor Indy.
What is the lowest price for a Cheap Two Bedroom Mapelton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mapelton is starting from $799 at The Star.
What is the most affordable Mapelton Three Bedroom Apartment?
The best deal on a cheap Mapelton Three Bedroom Apartment rental is at Oxmoor Indy and starts from $999.
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

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.

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.

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.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.