
Cheap Apartments for Rent in the Mapelton Neighborhood of Indianapolis, IN from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mapelton area of Indianapolis.


34 North Apartments

3235 N Kenwood Ave

The Star

Parkway

3340 N Meridian St

Maple Court

Parkview Apartments LLC

Total Monthly Price
2943 Schofield Ave, Unit 2943
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Total Monthly Price
2945 Schofield Ave, Unit 2945

CityView on Meridian

415 W 39th St

3241 Guilford Ave

3450 Graceland Ave

538 W 29th St

Crown Point Apartments

Charmwood Terrace

Brownstone Apartments
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THE COURTS OF MONON

Marblehead

VILLAGE AT FALL CREEK

727 Fairfield Ave

The Historic Bauer

3763 Broadway St

Historic Dorchester

Oxmoor Indy
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Overlook at the Fairgrounds

Winston

Admiral

The Regal Apartments

2831 N Kenwood Ave

Meridian Plaza

3519 Balsam Ave

Birchwood Place

The Meridian
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Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

316 W 29th St

3286 Hovey St

Meier House Apartments

330 W 40th St

Magnolia Living

Stetson Senior Apartments

3558 N Washington Blvd

3151 N New Jersey St

143 W 35th St
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538 W 29th St
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 | $1,141 | $619 | $1,400 |
| Mapelton 1 Bedroom Apartments | $1,195 | $739 | $1,730 |
| Mapelton 2 Bedroom Apartments | $1,546 | $859 | $2,494 |
| Mapelton 3 Bedroom Apartments | $2,225 | $1,300 | $4,394 |
| Mapelton 4 Bedroom Apartments | $2,494 | $1,025 | $3,983 |
Browse Apartments in this Neighborhood
There are currently 46 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 $619. 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 | $619 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| 3519 Balsam Ave | 1 Beds, 1 Baths | 1BR,1BA | $775 |
| The Meridian | The Penn | Studio,1BA | $799 |
| The Star | 2 Bed | 2BR,1BA | $799 |
| Parkway | 1 Bedroom | 1BR,1BA | $799 |
| Maple Court | 2 Bed Original | 2BR,1BA | $859 |
| Parkview Apartments LLC | 1 Bedroom 1 Bath - 35088 | 1BR,1BA | $865 |
Best Value Apartments for Rent in Mapelton, IN
As of July 25, 2026 the best value apartment in the Mapelton area is the $1.16 price per square foot Buckingham 3 BR, 2 BA Apartment 1,815 Sq Ft. Model at Buckingham & Balmoral in the in the Martindale neighborhood starting from $2,105. The second greatest value Mapelton apartment is the 2 Bed Model at The Star starting at $799 with a $0.76 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. |
|---|---|---|---|
| Buckingham & Balmoral | Buckingham 3 BR, 2 BA Apartment 1,815 Sq Ft. | 3BR,2BA | $1.16 |
| 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 |
| Maple Court | 2 Bed Original | 2BR,1BA | $1.23 |
| 2943 Schofield Ave, Unit 2943 | 2943 Schofield Ave | 2BR,1BA | $1.47 |
| 2945 Schofield Ave, Unit 2945 | 2945 Schofield Ave | 2BR,1BA | $1.53 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
| Parkview Apartments LLC | 0 Bedroom 1 Bath - 35087 | Studio ,1BA | $1.56 |
| 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 a cheap apartment in Mapelton?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mapelton is under $865.
What is the price of a cheap apartment in Mapelton?
The cheapest apartment in Mapelton is Oxmoor Indy which is listed at $699, while the average apartment in Mapelton costs $2,475.
What types of apartments are the cheapest in Mapelton?
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 12 regular apartments in Mapelton 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 Mapelton?
Cheap apartments in Mapelton have an average cost of $142 which is $2,333 cheaper than the average rent for all rentals in Mapelton.
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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Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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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
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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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