
Cheap Homes for Rent in Lapel, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lapel.


1807 Raible Ave

2103 Arrow Ave

1514 Dewey St

120 West St

7423 W Reformatory Rd

315 Adams St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $1,983 | $1,450 | $2,400 |
Lapel 3 Bedroom Homes for Rent | $1,918 | $700 | $3,500 |
Lapel 4 Bedroom Homes for Rent | $2,491 | $1,970 | $2,895 |
Lapel 5 Bedroom Homes for Rent | $2,846 | $2,745 | $2,995 |
Browse Top Homes for Rent in Lapel
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
Harter House Anderson LLC | Rose | Studio,1BA | $749 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Lapel, IN and Nearby
As of April 21, 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 The Braeburn. Model at Applecreek starting at $1,350 with a $1.20 price per square foot . 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. |
---|---|---|---|
Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.17 |
Applecreek | The Braeburn. | 3BR,2BA | $1.20 |
Sand Creek Woods | Cedar | 2BR,2BA | $1.42 |
Rivers Edge Apartments I & II | 2 BD 1.5 Bath | 2BR,1.5BA | $1.23 |
Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.10 |
Villages on Madison Apartments | 2x1 R | 2BR,1BA | $1.17 |
Northlake Village | Lake James | 1BR,1BA | $1.48 |
Cedar Ridge Townhomes | The Fir | 2BR,1BA | $1.20 |
North Pointe Commons | 1BR/1BA | 1BR,1BA | $1.41 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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Frequently Asked Questions about Lapel
What type of rentals are currently available in Lapel?
There are currently 37 Apartments for Rent in Lapel, IN with pricing that ranges from $250 to $3,812. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lapel ranging from $700 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 $700 to $3,500 with an average monthly rent of $2,017.
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 $1,100 to $3,812, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,970 and Four Bedroom Apartments start at $2,400.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.