Cheap Apartments for Rent in the Mapelton Neighborhood of Indianapolis, IN from $300 (17 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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34 North Apartments
Studio to 4 Bedroom Apartments

34 North Apartments

3402 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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Charmwood Terrace
1 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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 Bedroom Apartments

The Historic Bauer

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

Historic Dorchester

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

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
  • Utilities Included

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 Studio unit found at Parkway priced from $625. Meridian Towers has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Mapelton apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
ParkwayStudioStudio,1BA$625
Meridian TowersStudio ApartmentStudio,1BA$695
Oxmoor Indy1BR/1.0BA1BR,1BA$699
205 - MERIDIAN PLAZA APARTMENTS1B LG1BR,1BA$764
The Star2 Beds, 1 Baths2BR,1BA$799

Best Value Apartments for Rent in Mapelton, IN

As of June 25, 2025 the best value apartment in the Mapelton area is the $0.76 price per square foot 2 Beds, 1 Baths Model at The Star in the in the Martindale neighborhood starting from $799. The second greatest value Mapelton apartment is the 3229 Dr Andrew J Brown Ave Model at 3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av starting at $1,100 with a $1.29 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.
The Star2 Beds, 1 Baths2BR,1BA$0.76
3229 Dr Andrew J Brown Ave, Unit 3227 Dr Andrew J Brown Av3229 Dr Andrew J Brown Ave3BR,1BA$1.29
The Parkview1 Bedrooms1BR,1BA$1.46
205 - MERIDIAN PLAZA APARTMENTS1B LG1BR,1BA$1.02
The Meridian ApartmentsThe Delaware 60%2BR,1BA$1.83
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
The Marott ApartmentsChurchill1BR,1BA$2.14
CityView on Meridian1 Bedroom/1Bathroom 6451BR,1BA$1.55
ParkwayStudioStudio ,1BA$1.55
Meridian TowersStudio ApartmentStudio ,1BA$1.90

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 #200

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
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 Parkway listed at $625.

How much is rent for a Cheap One Bedroom Mapelton Apartment?

The lowest price for a Cheap One Bedroom Mapelton Apartment is $699 at Meridian Towers.

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 CityView on Meridian and starts from $1,905.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.