
Cheap Homes for Rent in Lapel, IN from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lapel.


2809 W 18th St

6461 W 300 S

6497 W 300 S
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.

2903 W 22nd St

1716 Drexel Dr

9521 W Constellation Dr

9340 W Dockside Cir
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.

9544 W Campfire Dr
Lapel, IN Local Guide

How much does it cost to rent a home in Lapel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lapel 2 Bedroom Homes for Rent | $1,473 | $1,050 | $2,295 |
| Lapel 3 Bedroom Homes for Rent | $2,068 | $1,350 | $3,500 |
| Lapel 4 Bedroom Homes for Rent | $2,625 | $1,150 | $5,987 |
| Lapel 5 Bedroom Homes for Rent | $2,817 | $2,495 | $3,200 |
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Lapel, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Applecreek | The Washington | 1BR,1BA | $865 |
Best Value Apartments for Rent in Lapel, IN and Nearby
As of January 21, 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 Forestwood Model at Redwood Noblesville Harewood Drive N starting at $1,874 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| Redwood Noblesville Harewood Drive N | Forestwood | 2BR,2BA | $1.45 |
| 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 |
| 1212 Meridian Flats | 201 | 2BR,1BA | $1.45 |
| Cumberland Pointe Apartments | The Cape-D | 1BR,1BA | $1.43 |
| Applecreek | The Washington | 1BR,1BA | $1.29 |
| 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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.
Best Local Schools in Lapel, IN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lapel
What type of rentals are currently available in Lapel?
There are currently 40 Apartments for Rent in Lapel, IN with pricing that ranges from $250 to $3,249. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lapel ranging from $1,050 to $5,987.
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 $1,050 to $5,987 with an average monthly rent of $2,245.
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 $1,145 to $3,249, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,150 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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!