Cheap Homes for Rent in Mapelton Neighborhood of Indianapolis, IN from $700 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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 34 North Apartments priced from $515. 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
34 North ApartmentsStudio, 1 bathStudio,1BA$515
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
205 - MERIDIAN PLAZA APARTMENTS1B1BR,1BA$740
Parkway1 Bedroom1BR,1BA$799

Best Value Apartments for Rent in Mapelton, IN

As of September 20, 2025 the best value apartment in the Mapelton area is the $0.94 price per square foot 3809 N Pennsylvania St Model at 3809 N Pennsylvania St, Unit 1 in the in the Martindale neighborhood starting from $1,880. 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$0.94
3365 Broadway St, Unit A3365 Broadway St3BR,2BA$1.48
The Star2 Bed2BR,1BA$0.85
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
The Parkview1 Bedrooms1BR,1BA$1.46
205 - MERIDIAN PLAZA APARTMENTS1B1BR,1BA$1.02
Maple Court2 Bed Original2BR,1BA$1.21
2945 Schofield Ave, Unit 29452945 Schofield Ave2BR,1BA$1.48
Parkway1 Bedroom1BR,1BA$1.43
34 North ApartmentsStudio, 1 bathStudio ,1BA$1.29

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mapelton, Indianapolis, IN

Ranked #190

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Mapelton

What type of rentals are currently available in Mapelton?

There are currently 142 Apartments for Rent in Mapelton, IN with pricing that ranges from $515 to $2,435. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mapelton ranging from $745 to $2,800.

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 $745 to $2,800 with an average monthly rent of $1,845.

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 $801 to $2,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $810.

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.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.