Cheap Apartments for Rent in Lapel, IN from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Lapel.

The Towers at Southdale Affordable Senior

Bay Terrace Apartments

1212 Meridian Flats

Longfellow Plaza Affordable Senior Community

Cedar Ridge Townhomes
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.

Applecreek

Villages on Madison Apartments

Sun Valley Townhomes

Grissom Estates Apartments

Stonecrest Apartments

Rivers Edge Apartments I & II

Jefferson Place Apartments
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.

Federal Hill Apartments

Lakeview Court Apartments

Sand Creek Woods

Four Winds Apartments

Northlake Village

NEXUS Apartments of Noblesville

Cumberland Pointe Apartments
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.
Lapel, IN Local Guide

How much does it cost to rent an apartment in Lapel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lapel Studio Apartments | $1,178 | $650 | $1,721 |
| Lapel 1 Bedroom Apartments | $1,474 | $250 | $2,665 |
| Lapel 2 Bedroom Apartments | $1,710 | $895 | $2,426 |
| Lapel 3 Bedroom Apartments | $2,129 | $1,120 | $3,249 |
| Lapel 4 Bedroom Apartments | $2,286 | $1,399 | $2,650 |
Browse Top Apartments in Lapel
See all Apartments in LapelExplore Lapel
Lapel, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Harter House has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Lapel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| Harter House | Rose | Studio,1BA | $749 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Cedar Ridge Townhomes | The Birch | 1BR,1BA | $799 |
| Applecreek | The Washington | 1BR,1BA | $865 |
Best Value Apartments for Rent in Lapel, IN and Nearby
As of December 14, 2025 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 3 bedrrom 1.5 bath Model at Stonecrest Apartments starting at $1,465 with a $1.13 price per square foot in the Barrington Estates neighborhood. Here is today’s list of the best values for Lapel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| Stonecrest Apartments | 3 bedrrom 1.5 bath | 3BR,1.5BA | $1.13 |
| Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.13 |
| Deer Chase | 3Bed/2Bath Up | 3BR,2BA | $1.37 |
| Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Woods of Britton | Cedar | 1BR,1BA | $1.40 |
| Northlake Village | Lake Lemon | 1BR,1BA | $1.41 |
| Applecreek | The Washington | 1BR,1BA | $1.29 |
| Cedar Ridge Townhomes | The Birch | 1BR,1BA | $1.32 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 LifestyleLapel, IN
Ranked #183
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lapel, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lapel, IN Rentals by Map
See the most popular apartments and homes in Lapel, IN
Getting Around Lapel, IN
Walk Score®
20 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Harter House listed at $749.
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 $900 at Cedar Ridge 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 $1,230.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


