Cheap Homes for Rent in Mapelton Neighborhood of Indianapolis, IN from $700 (26 Rentals)

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

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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 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 ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
34 North ApartmentsStudio, 1 bathStudio,1BA$750
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
205 - MERIDIAN PLAZA APARTMENTS*Meridian Plaza*2BR,1BA$915
The DominoThe Spark IIStudio,1BA$1,049
The Parkview5012BR,2BA$1,100
CityView on Meridian1 Bedroom/1Bathroom 6151BR,1BA$1,104

Best Value Apartments for Rent in Mapelton, IN

As of November 11, 2025 the best value apartment in the Mapelton area is the $0.67 price per square foot 3809 N Pennsylvania St Model at 3809 N Pennsylvania St, Unit 1 in the in the Martindale neighborhood starting from $1,340. The second greatest value Mapelton apartment is the 3365 Broadway St Model at 3365 Broadway St, Unit A starting at $1,995 with a $1.48 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.
3809 N Pennsylvania St, Unit 13809 N Pennsylvania St3BR,2BA$0.67
3365 Broadway St, Unit A3365 Broadway St3BR,2BA$1.48
The Star2 Bed2BR,1BA$0.76
205 - MERIDIAN PLAZA APARTMENTS*Meridian Plaza*2BR,1BA$0.92
The Meridian ApartmentsThe Central 60%2BR,1BA$1.63
The Parkview3041BR,1BA$1.46
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
2945 Schofield Ave, Unit 29452945 Schofield Ave2BR,1BA$1.50
Parkway1 Bedroom1BR,1BA$1.43
Meridian TowersStudio ApartmentStudio ,1BA$1.72

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Pet Friendly Lifestyle
Mapelton, Indianapolis, IN

Ranked #152

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Mapelton

What type of rentals are currently available in Mapelton?

There are currently 145 Apartments for Rent in Mapelton, IN with pricing that ranges from $629 to $10,686. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mapelton ranging from $750 to $4,700.

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 $4,700 with an average monthly rent of $1,672.

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 $1,275 to $2,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $2,435.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.