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Apartments Under $1,200 in Indianapolis, IN

271 - 300 of 382 Results
0
$795
5819 E Washington Street - Unit 13
5819 E Washington Unit 13 Indianapolis, IN
1 BR | Apr. 19, 2026
Contact
0
$925
Live In Style At Bellagio East Living I: Convenient And Vibrant Community In Indianapolis
7051 E 11th St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
6108 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
2
$1,180
4437 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
0
$1,180
4537 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$999
Spacious Two Bedroom Single Family Near 10th And Belmont Ave
2813 W 10th St Indianapolis, IN
2 BR | Available Now
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House
0
$825
Warren Park 2 Bedroom Apartment W/balcony
9128 E 10th St Unit 5 Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$846
Downtown Living
430 Massachusetts Ave Indianapolis, IN
2 BR | Available Now
Contact
Downtown Indianapolis
0
$1,180
4429 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$1,050
2 Bedroom Home In A Central Area!
1805 Calhoun St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$855
Live In Style Without Breaking The Bank At Magnolias Living Apartments Washer & Dryer In-unit
3330 N Meridian St Indianapolis, IN
1 BR | Available Now
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0
$750
5819 E Washington Unit 11
Indianapolis, IN
Studio | Available Now
Contact
1
$1,000
6154 Commodore Dr
Indianapolis, IN
2 BR | Available Now
Contact
3
$1,075
*coming Soon* 2633 S. Randolph St. Unit B Indpls, In 46203
2633 S Randolph St Unit B Indianapolis, IN
2 BR | Ask for Availability
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House
1
$1,150
2 Bedroom Indianapolis House!
1911 Wilcox St Indianapolis, IN
2 BR | Apr. 2, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$799
One Bedroom Spacious Duplex Located On S Brookville Rd & S Arlington Ave Section 8 Welcome
6102 Brookville Rd Indianapolis, IN
1 BR | Apr. 6, 2026
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House
0
$825
East Ridge Apartments - Remodeled 2 Bedroom Unit W/ Balcony
2302 N Ritter Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$925
Two Bedroom Home Located Near 16th And Brookside Parkway
1623 N Rural St Indianapolis, IN
2 BR | Available Now
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House
0
$1,180
4545 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$1,100
1466 South Worth Avenue #b
1466 S Worth Ave Indianapolis, IN
1 BR | Apr. 1, 2026
Contact
Dog Friendly
Cat Friendly
1
$950
6015 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
0
$995
Discover Your Perfect Home At Bellagio North Living I In Indianapolis
1232 W 73rd St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
1
$1,199
83 Ewing
Indianapolis, IN
3 BR | Available Now
Contact
Balcony/Deck/Patio
9
$561 - 995
Braeburn Village Apartments
3.4
2170 Braeburn East Drive Indianapolis, IN
1 - 4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
21
$1,115 - 1,200
Aspen Lakes
7202 Winslet Boulevard Indianapolis, IN
1 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
15
$811 - 1,115
Lake Camelot Apartments
6475 Excalibur Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
30
$1,150 - 1,158
Vue Luxury Apartments
718 E Georgia Street Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
10
$835 - 1,175
The Residences On 56th Street
6800 Brendon Way West Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
11
$840 - 895
Stonehenge Apartments
7980 Dunston Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
12
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
271 - 300 of 382 Results
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  2. Indianapolis
  3. Apartments Under $1,200
Frequently Asked Questions

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

There are 382 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 662 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 5,095 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 5,582 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 $38,000.

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

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

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

Welcome to the March 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 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 20 40 60 80 <$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 $1,150, with the majority falling between $730 and $1,580. Out of the 7,999 one-bedroom apartments currently on the market in Indianapolis, 4,448 are priced below $1,200, accounting for 56% of the total available one-bedroom units in Indianapolis.

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

Indianapolis, IN
Speedway, IN
Greenwood, IN
Lebanon, IN
Plainfield, IN
Brownsburg, IN
Lawrence, IN
Danville, IN
Noblesville, IN
443
7
7
6
5
5
4
4
4
In March 2026, 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 471 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 March M/M % Change
Indianapolis, IN 443 +0.98%
Speedway, IN 8 +0.96%
Greenwood, IN 8 +1.02%
Lebanon, IN 7 +1.11%
Plainfield, IN 6 +0.75%
Brownsburg, IN 5 +1.06%
Lawrence, IN 5 +0.92%
Danville, IN 4 +0.82%
Noblesville, IN 4 +1.04%
Beech Grove, IN 4 +1.12%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 13,334
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 127
Pet friendly 982
Utilities included 96
Furnished 62
Studio 119
1 Bedroom 556
2 Bedroom 458
Square footage 387 - 1,293

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Mapelton, Upper canal, Herron morton, Downtown indianapolis
Old Northside 10
Mapelton 6
Upper Canal 5
Herron Morton 5
Downtown Indianapolis 4
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