Cheap Apartments for Rent in Lapel, IN from $600 (47 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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Four Winds Apartments
$1,150 - $1,220
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,220
Total Monthly Price
$1,150 - $1,220
1 to 3 Bedroom Apartments Available Now

Four Winds Apartments

2601 Morning Star LnAnderson, IN 46011
Corporate Housing
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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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-47, 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
Harter HouseBlancheStudio,1BA$855
Cedar Ridge TownhomesThe Birch1BR,1BA$859
Sun Valley TownhomesTownhouse2BR,1BA$935
Villages on Madison Apartments1x1 R1BR,1BA$955
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$999
ApplecreekThe Golden2BR,1BA$1,032
Northlake VillageLake Freeman1BR,2BA$1,144
Four Winds Apartments2 Bed 1.5 Bath2BR,1BA$1,150

Best Value Apartments for Rent in Lapel, IN and Nearby

As of April 30, 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 Light House-D Model at Cumberland Pointe Apartments starting at $1,735 with a $1.39 price per square foot in the Brooks Chase 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
Cumberland Pointe ApartmentsLight House-D3BR,2BA$1.39
Jefferson Place ApartmentsC1-U R3BR,2BA$1.34
Woods of BrittonHickory2BR,1BA$1.33
Deer Chase2Bed/2Bath Up2BR,2BA$1.37
Four Winds Apartments2 Bed 1.5 Bath2BR,1.5BA$1.17
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
ApplecreekThe Golden2BR,1BA$1.16
Villages on Madison Apartments1x1 R1BR,1BA$1.40
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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.

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Lapel, IN

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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 Sun Valley Townhomes and starts from $1,300.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.