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Apartments Under $1,200 in Indianapolis, IN

301 - 330 of 437 Results
18
$1,199
136 S Webster Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
8
$995
5464 Orange St
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
8
$1,150
1460 N Alabama St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Old Northside
6
$1,095
247 Eastern Ave
Indianapolis, IN
4 BR | Available Now
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House
14
$899
2417 S Lyons Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
4
$1,050
1734 Laurel St
Indianapolis, IN
4 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
4
$1,050
1227 Kappes St
Indianapolis, IN
3 BR | Ask for Availability
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House
West Indianapolis
7
$960
945 N Oxford St
Indianapolis, IN
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$925
534 N Alton Ave
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$850
5709 Shimer Ave
Indianapolis, IN
2 BR | Ask for Availability
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House
6
$850
2866 N Dearborn St
Indianapolis, IN
3 BR | Ask for Availability
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House
8
$1,195
4320 Lexington Ave
Indianapolis, IN
4 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
9
$1,050
338 Villa Ave
Indianapolis, IN
4 BR | Ask for Availability
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House
7
$995
1409 N Denny St
Indianapolis, IN
2 BR | Ask for Availability
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House
13
$924
3117 S Taft Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
1
$1,150
Near Downtown 2 Br Home
1645 Union St Indianapolis, IN
2 BR | Ask for Availability
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House
$860 - 1,095
The Abby
4656 Edwardian Cir Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
$730
Trail Side On Mass Ave
875 Massachusetts Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
Income Restricted
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
Storage
1
$875
Coming Soon Two Bedroom One Bathroom Home Near E Raymond St & S Sherman Dr
2404 Hobart Rd Indianapolis, IN
2 BR | Available Now
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House
1
$799
33 N Bradley
Indianapolis, IN
2 BR | Available Now
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House
1
$870
1701 Fletcher
Indianapolis, IN
2 BR | Available Now
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1
$1,095
The Davlan Apartments
430 Massachusetts Ave Indianapolis, IN
2 BR | Available Now
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Dishwasher
Downtown Indianapolis
1
$1,199
3 Bedroom Home Located On Indy's Eastside
3818 N Bolton Ave Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,100
1505 N Tuxedo St
Indianapolis, IN
2 BR | Available Now
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1
$1,000
302 - 306 E 19th St
Indianapolis, IN
2 BR | Available Now
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Herron Morton
0
$760 - 1,717
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 - 2 BR | Available Now
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1
$1,062
Oak Lake At Crooked Creek
3855 Oak Lake Cir Indianapolis, IN
1 BR | Available Now
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3
$1,050
2345 Kenwood Ave
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
0
$1,025
College Court Condos (bh&s College Court, Llc)
5347 N College Ave Indianapolis, IN
1 BR | Available Now
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Dishwasher
1
$999
Two Bedroom Duplex Located On The Westside Near West 25th And Mlk Street !
733 W 25th St Indianapolis, IN
2 BR | Available Now
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House
301 - 330 of 437 Results
  1. Home
  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 437 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 5,362 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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