1604 W 15th St
AndersonIN46016
Cheap Homes for Rent in Lapel, IN from $500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Lapel.
1807 Raible Ave
AndersonIN46011
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.
2004 Arrow Ave
AndersonIN46016
16014 E 186th St
NoblesvilleIN46060
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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Lapel, IN Local Guide
Forest in Indiana by Kurt Beard is licensed under CC BY 2.0
How much does it cost to rent a home in Lapel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lapel 2 Bedroom Homes for Rent | $1,633 | $1,125 | $2,000 |
| Lapel 3 Bedroom Homes for Rent | $2,044 | $1,395 | $3,500 |
| Lapel 4 Bedroom Homes for Rent | $2,510 | $1,995 | $3,125 |
| Lapel 5 Bedroom Homes for Rent | $3,030 | $2,840 | $3,200 |
Browse Top Homes for Rent in Lapel
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Lapel, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| Woods of Britton | Walnut | 2BR,2BA | $1.23 |
| Jefferson Place Apartments | 3 Bedroom | 3BR,2BA | $1.31 |
| Deer Chase | 3Bed/2Bath Up | 3BR,2BA | $1.37 |
| Applecreek | The Braeburn | 3BR,2BA | $1.29 |
| Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Villages on Madison Apartments | 2x1 R-Prem | 2BR,1BA | $1.17 |
| 1212 Meridian Flats | 201 | 2BR,1BA | $1.46 |
| 112 W 14th St, Unit 112 W. 14th St. | 112 W 14th St | 2BR,1BA | $1.31 |
| 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 Article
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.
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.
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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
Frequently Asked Questions about Lapel
What type of rentals are currently available in Lapel?
There are currently 42 Apartments for Rent in Lapel, IN with pricing that ranges from $250 to $3,496. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lapel ranging from $525 to $3,500.
What is the current price range for Rental Homes in Lapel?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lapel ranges from $525 to $3,500 with an average monthly rent of $1,744.
How much are larger Three and Four Bedroom Rentals in Lapel?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lapel range from $1,130 to $3,496, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,399.
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
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.
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.
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.
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.