
Cheap Homes for Rent in Mapelton Neighborhood of Indianapolis, IN from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Mapelton area of Indianapolis.


2831 N Kenwood Ave

3286 Hovey St

3141 N Park Ave

3233 Ralston Ave

3450 Graceland Ave
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.

538 W 29th St

3708 N Kenwood Ave

3706 N Kenwood Ave

3207 N Arsenal Ave

3202 Ruckle St

3469 Graceland Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Mapelton, Indianapolis, IN Local Guide

How much does it cost to rent a home in Mapelton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mapelton 2 Bedroom Homes for Rent | $1,443 | $900 | $2,500 |
| Mapelton 3 Bedroom Homes for Rent | $1,504 | $1,000 | $2,300 |
| Mapelton 4 Bedroom Homes for Rent | $1,735 | $1,395 | $2,445 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 |
Best Value Apartments for Rent in Mapelton, IN
As of June 06, 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 #172
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Mapelton
What type of rentals are currently available in Mapelton?
There are currently 144 Apartments for Rent in Mapelton, IN with pricing that ranges from $629 to $5,150. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mapelton ranging from $750 to $2,600.
What is the current price range for Rental Homes in Mapelton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mapelton ranges from $750 to $2,600 with an average monthly rent of $1,421.
How much are larger Three and Four Bedroom Rentals in Mapelton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mapelton range from $1,249 to $4,272, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $995.
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.

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.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.