Cheap Apartments for Rent in Lapel, IN from $600 (40 Rentals)

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Meadow View Apartments
Studio to 3 Bedroom Apartments

Meadow View Apartments

1520 N Main StLapel, IN 46051
  • Utilities Included

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-40, Page 1 of 1

Lapel, IN Local Guide

Cheapest Available Lapel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lapel, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Longfellow Plaza Affordable Senior Community has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Lapel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Stonecrest Apartments1 bedroom 1 bath #31BR,1BA$840
Cedar Ridge TownhomesThe Hickory1BR,1BA$869
Sun Valley TownhomesTownhouse2BR,1BA$935
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$999
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1,045
ApplecreekThe Jonathan2BR,2BA$1,100
Lakeview Court ApartmentsThe Beach1BR,1BA$1,123

Best Value Apartments for Rent in Lapel, IN and Nearby

As of June 14, 2026 the best value apartment in the Lapel area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the starting from $1,300. The second greatest value Lapel apartment is the Walnut Model at Woods of Britton starting at $1,520 with a $1.23 price per square foot in the Limestone Springs neighborhood. Here is today’s list of the best values for Lapel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sun Valley TownhomesTownhouse3BR,2.5BA$0.92
Woods of BrittonWalnut2BR,2BA$1.23
Jefferson Place Apartments3 Bedroom3BR,2BA$1.31
Deer Chase3Bed/2Bath Up3BR,2BA$1.37
ApplecreekThe Braeburn3BR,2BA$1.29
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1.17
1212 Meridian Flats2012BR,1BA$1.46
112 W 14th St, Unit 112 W. 14th St.112 W 14th St2BR,1BA$1.31
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

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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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Lapel Apartments

What is the Cheapest Studio apartment in Lapel?

Currently the most affordable Cheap Studio Apartment in Lapel is at Longfellow Plaza Affordable Senior Community listed at $790.

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

The lowest price for a Cheap One Bedroom Lapel Apartment is $250 at The Towers at Southdale Affordable Senior.

What is the lowest price for a Cheap Two Bedroom Lapel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lapel is starting from $935 at Sun Valley Townhomes.

What is the most affordable Lapel Three Bedroom Apartment?

The best deal on a cheap Lapel Three Bedroom Apartment rental is at Cedar Ridge Townhomes and starts from $1,145.

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.

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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.