Cheap Apartments for Rent in the Mapelton Neighborhood of Indianapolis, IN from $499 (54 Rentals)

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

property at 3763 Broadway St
$625 - $675
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

3763 Broadway St

IndianapolisIN46205

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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property at 3450 Graceland Ave
$1,075

Total Monthly Price

Base Rent$1,075
Total Monthly Price$1,075
3 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3450 Graceland Ave

IndianapolisIN46208

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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The Historic Bauer
1 to 2 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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Historic Dorchester
1 to 4 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205
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Oxmoor Indy
1 to 3 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208

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.

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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Admiral
1 to 4 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
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The Regal Apartments
1 to 2 Bedroom Apartments

The Regal Apartments

3603 N Washington BlvdIndianapolis, IN 46205
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Meridian Plaza
1 to 2 Bedroom Apartments

Meridian Plaza

3726 N Meridian StIndianapolis, IN 46208
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3519 Balsam Ave
1 Bedroom Apartments

3519 Balsam Ave

3519 Balsam AveIndianapolis, IN 46205

Mapelton - 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!

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Stanton Apartments
1 to 2 Bedroom Apartments

Stanton Apartments

3536 N Meridian StIndianapolis, IN 46208
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Magnolia Living
Studio to 2 Bedroom Apartments

Magnolia Living

3330-3340 N Meridian StIndianapolis, IN 46208
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Mapelton, Indianapolis, IN Local Guide

Cheapest Available Mapelton Apartments for Rent

 

The cheapest available apartment rental in the Mapelton area of Indianapolis, IN is a 1 Bed unit found at Central @ 29 priced from $543. Meridian Towers has the second lowest priced unit, which is a Studio apartment currently listed from $629. Here are the most affordable Mapelton apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Central @ 291 Bedroom - A1BR,1BA$543
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudioStudio,1BA$725
Maple Court1 Bed Original1BR,1BA$735
Evergreen on the Monon, LLC1BD/1Bth1BR,1BA$749
The Star2 Bed2BR,1BA$799
Parkway1 Bedroom1BR,1BA$799

Best Value Apartments for Rent in Mapelton, IN

As of September 09, 2026 the best value apartment in the Mapelton area is the $1.36 price per square foot 607 E 39th St Model at 607 E 39th St, Unit 39th & Park Duplex in the in the Martindale neighborhood starting from $1,700. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
607 E 39th St, Unit 39th & Park Duplex607 E 39th St3BR,1BA$1.36
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Meridian Plaza2B2BR,1BA$0.93
Stanton Apartments2B-SR2BR,1BA$1.12
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
2943 Schofield Ave, Unit 29432943 Schofield Ave2BR,1BA$1.47
2947 Schofield Ave, Unit 29472947 Schofield Ave2BR,1BA$1.47
Maple Court1 Bed Original1BR,1BA$1.31
Parkway1 Bedroom1BR,1BA$1.43

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Real 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.

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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.

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Pet Friendly Lifestyle
Mapelton, Indianapolis, IN

Ranked #163

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $543 at Central @ 29.

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 $655 at Central @ 29.

What is the most affordable Mapelton Three Bedroom Apartment?

The best deal on a cheap Mapelton Three Bedroom Apartment rental is at Central @ 29 and starts from $1,367.

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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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.

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

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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.

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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.