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Apartments Under $1,200 in Indianapolis, IN

271 - 300 of 436 Results
12
$900
2410 N Lesley Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
36
$875 - 1,025
5703 E Washington St
Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
24
$675 - 825
3609 Balsam Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
18
$695 - 775
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
57
$599 - 795
708 E 11th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
8
$1,025
3502 Terrace Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
6
$950
2906 N Lasalle St
Indianapolis, IN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$975
2910 Brookside Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
24
$965 - 1,200
Circle City Apartments
1321 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fireplace
Old Northside
7
$950
23 E Raymond St
Indianapolis, IN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
6
$950
3999 N Irwin Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
6
$875
1846 E Brookside Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
7
$925
449 S Butler Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
15
$1,049
1017 Laurel St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,099
Spacious 3 Bedroom / 1 Bath Home Near Downtown Indy, Available Now!
327 W 26Th St Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,000
1247 W Lee St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
West Indianapolis
1
$950 - 1,025
Christian Place Apartments
824 Alabama St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
2
$875
Maple Court -two Bedroom Apartments Starting At Just $849!
3524 N Pennsylvania St Indianapolis, IN
2 BR | Jan. 9, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
1
$1,025 - 1,075
126 E. Vermont
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Storage
Disability Access
1
$1,050
The Old Northside
1450 N College Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
12
$775
8132 Bold Forbes Ct
Indianapolis, IN
1 BR | Available Now
Contact
6
$950
1627 N Tibbs Ave
Indianapolis, IN
1 BR | Jan. 1, 2026
Contact
House
Storage
1
$1,200
5035 Fletcher Ave
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,200
Just South Of Fountain Square, Updated 2 Bedroom/1 Bathroom Cottage Available Now!
1435 Lawton Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
12
$1,029 - 1,169
Georgetown Woods Senior Apartments
5360 Georgetown Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Senior Community
Income Restricted
Section 8
Balcony/Deck/Patio
8
$1,025
1128 S Somerset Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
7
$975
1865 N Dexter St
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
9
$1,075
1431 Worcester Ave
Indianapolis, IN
3 BR | Available Now
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House
8
$795
2117 S Meridian St
Indianapolis, IN
2 BR | Ask for Availability
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House
271 - 300 of 436 Results
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  3. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Indianapolis, IN on Rentable.co?

There are 436 apartments under $1,200 in Indianapolis currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in Indianapolis?

Rentable.co has 649 studio apartments under $1,200 available for rent in Indianapolis.

How many one-bedroom apartments under $1,200 are available in Indianapolis?

Rentable.co has 5,358 one-bedroom apartments under $1,200 available for rent in Indianapolis.

How many two-bedroom apartments under $1,200 are available in Indianapolis?

Rentable.co has 6,017 two-bedroom apartments under $1,200 available for rent in Indianapolis.

Can I afford a apartment under $1,200 in Indianapolis, IN?

To comfortably afford a apartment under $1,200 in Indianapolis based on average rent prices, a household would need an annual income of $37,000.

Which neighborhoods have the most apartments under $1,200 for rent in Indianapolis, IN?

  1. Old Northside
  2. Mapelton
  3. Downtown Indianapolis
  4. West Indianapolis
  5. Upper Canal

Apartments Under $1,200 in Indianapolis, IN: December Rental Information

Welcome to the December 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Indianapolis and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,200 in Indianapolis.

Prospective renters will find detailed information on the current rental market, allowing them to make informed decisions when searching for their next apartment in Indianapolis.
0 17 35 52 70 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,100, with the majority falling between $730 and $1,630. Out of the 7,882 one-bedroom apartments currently on the market in Indianapolis, 4,736 are priced below $1,200, accounting for 60% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $1,200: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
Lebanon, IN
Speedway, IN
Brownsburg, IN
Noblesville, IN
Beech Grove, IN
Westfield, IN
Danville, IN
405
9
7
5
5
4
3
3
3
In December 2025, there are a number of affordable apartments available in Indianapolis, IN and its surrounding cities. Those looking for a rental under $1,200 will find a variety of options in this metro area. Indianapolis itself offers a significant portion of the inventory, with 519 apartments available within this budget range. Additionally, there are apartments available under $1,200 in nearby Westfield, Speedway, Whiteland, Cumberland, Avon, Danville, Plainfield, McCordsville, Meridian Hills, Brownsburg, Fishers, Carmel, Noblesville, Greenfield, Lawrence, Greenwood, Lebanon, Bargersville, Camby, Cicero, North Salem, Whitestown, Zionsville, Fortville, Ingalls, Hendricks, Beech Grove, Pittsboro, and New Palestine. This provides prospective renters with convenient options to consider in their apartment search.

Apartments Under $1,200 Now vs. Last Month: Indianapolis and Surrounding Areas

City Apartments Under $1,200 in December M/M % Change
Indianapolis, IN 406 +0.96%
Greenwood, IN 9 +1.1%
Lebanon, IN 8 +0.88%
Speedway, IN 6 +0.75%
Brownsburg, IN 6 +0.94%
Noblesville, IN 4 +1.0%
Beech Grove, IN 4 +0.84%
Westfield, IN 4 +1.0%
Danville, IN 3 +1.05%
Plainfield, IN 3 +0.75%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 13,276
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 138
Pet friendly 1,021
Utilities included 77
Furnished 38
Studio 113
1 Bedroom 581
2 Bedroom 493
Square footage 296 - 1,239

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Mapelton, Downtown indianapolis, West indianapolis, Upper canal
Old Northside 13
Mapelton 7
Downtown Indianapolis 6
West Indianapolis 6
Upper Canal 5
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