Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Indianapolis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $1,200 in Indianapolis, IN

331 - 360 of 437 Results
1
$1,100
1132 N Rural - $1,100/mo.
1132 N Rural St Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,099
Two Bedroom W/ Den Home Located Near Oliver Street And Kentucky Avenue
661 Birch Ave Indianapolis, IN
3 BR | Available Now
Contact
House
0
$1,050
2039 N College Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
Kingpark
1
$1,195
Spacious Newly Remodeled 3 Bedroom
37 N Denny St Indianapolis, IN
3 BR | Dec. 8, 2025
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
1
$899
1138 W 36th St
Indianapolis, IN
2 BR | Available Now
Contact
3
$1,125
3836 Central Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
1
$950 - 1,050
3454 N Pennsylvania St
Indianapolis, IN
1 BR | Ask for Availability
Contact
Mapelton
1
$1,000
3030 E 37th St
Indianapolis, IN
2 BR | Available Now
Contact
1
$900
6048 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
0
$1,050
Live In Style At Bellagio East Living I: Convenient And Vibrant Community In Indianapolis
7032 E 10th St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$775
East Ridge Apartments
2314 N Ritter Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
0
$1,025 - 1,100
Pine Glen
4259 Burkhart Dr Indianapolis, IN
2 BR | Available Now
Contact
1
$1,000
4826 E New York St
Indianapolis, IN
2 BR | Available Now
Contact
1
$900
6108 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
0
$1,150
Welcome Home To Garfield Place Living: Where Comfort Meets Convenience
2246 Ransdell St Indianapolis, IN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,050
633 E 38th
633 E 38th St Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,199
3 Bedroom Home Located On Indy's Eastside
3818 N Bolton Ave Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,100
1505 N Tuxedo St
Indianapolis, IN
2 BR | Available Now
Contact
1
$1,000
302 - 306 E 19th St
Indianapolis, IN
2 BR | Available Now
Contact
Herron Morton
0
$760 - 1,717
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
1
$799
Market On The Corner Apartments
1338 E Market St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
Contact
House
1
$799
33 N Bradley
Indianapolis, IN
2 BR | Available Now
Contact
House
1
$870
1701 Fletcher
Indianapolis, IN
2 BR | Available Now
Contact
1
$1,095
The Davlan Apartments
430 Massachusetts Ave Indianapolis, IN
2 BR | Available Now
Contact
Dishwasher
Downtown Indianapolis
1
$1,062
Oak Lake At Crooked Creek
3855 Oak Lake Cir Indianapolis, IN
1 BR | Available Now
Contact
1
$1,049
Move-in Special For This 2br, 1ba Home Located At 1017 Laurel St., Indianapolis, In
1017 Laurel St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$990
Devonshire Apartments In Downtown Indianapolis
412 N Alabama St Indianapolis, IN
1 BR | Dec. 19, 2025
Contact
Dog Friendly
Cat Friendly
Downtown Indianapolis
0
$900 - 1,200
Villa Del Sol Apartments
3636 Mission Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,150
Lilac Upstairs | 2 Bedroom, 1 Bathroom
5128 Audrey Ave Indianapolis, IN
2 BR | Jan. 6, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
331 - 360 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
Browse Indianapolis Apartments
Indianapolis Apartments by Neighborhood
Indianapolis Apartments by Bedrooms
Indianapolis Apartments by Affordability
Indianapolis Apartments with Amenities
Indianapolis Apartments by Type
Colleges Near Indianapolis
Indianapolis Apartments by Zip Code