Cheap Apartments for Rent in Lapel, IN from $600 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lapel.

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

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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. Harter House Anderson LLC 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 ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Harter House Anderson LLCRoseStudio,1BA$749
North Pointe Commons1BR/1BA1BR,1BA$775
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Villages on Madison Apartments2x1 R2BR,1BA$1,050

Best Value Apartments for Rent in Lapel, IN and Nearby

As of May 11, 2025 the best value apartment in the Lapel area is the $1.17 price per square foot (7182B1) 2x1 Model at Summerlake Meadows in the in the Barrington Estates neighborhood starting from $1,449. The second greatest value Lapel apartment is the B2-U Model at Jefferson Place Apartments starting at $1,334 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Summerlake Meadows(7182B1) 2x12BR,1BA$1.17
Jefferson Place ApartmentsB2-U2BR,2BA$1.21
Four Winds Apartments2 Bed 1.5 Bath2BR,1.5BA$1.16
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.10
ApplecreekThe Jonathan2BR,2BA$1.20
Woods of BrittonCedar1BR,1BA$1.37
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1.23
112 W 14th St, Unit 112112 W 14th St2BR,1BA$1.25
North Pointe Commons1BR/1BA1BR,1BA$1.41
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lapel, IN

Ranked #94

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Lapel, IN

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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 Anderson LLC 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 North Pointe Commons.

What is the most affordable Lapel Three Bedroom Apartment?

The best deal on a cheap Lapel Three Bedroom Apartment rental is at North Pointe Commons and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.