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Apartments Under $1,200 in Indianapolis, IN

361 - 390 of 431 Results
10
$975
1150 East Martin Street
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
13
$949 - 1,009
Annhurst
4958 Dawn Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
29
$1,169 - 1,238
Creekside Square Phase I
5836 Hunnewell Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
30
$850 - 1,150
Brookwood Apartments
5301 S Turtle Creek Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
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
17
$649 - 976
M Club
1.0
7007 Courthouse Dr Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
19
$926 - 1,079
The Aura
3035 W 39th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
10
$885 - 1,183
Astoria Park Apartments
3640 Beluga Lane Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
6
$780
8015 Cole Wood Blvd
Deal
Indianapolis, IN
3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
18
$1,135 - 1,240
The Argyle On Mass Ave Apartments
615 N. East Street Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
17
$870 - 1,000
Pangea Hills
5500 Pleasant Hill Circle Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
12
$777 - 975
Pangea Courts
4417 Linwood Ct Indianapolis, IN
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Income Restricted
Section 8
10
$659 - 899
Rosewood Commons
4.0
5549 Rosewood Commons Dr. Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
14
$850
The Reserves at Warren Park
9120 E. 10Th Street Indianapolis, IN
2 BR | Available Now
Contact
Cat Friendly
Balcony/Deck/Patio
9
$650
Speedway Fisher Apartments
5125 W 10th St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
20
$967 - 1,410
The Lodge Apartments
4816 Alsuda Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
11
$749 - 1,030
Sherbrook
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
17
3D Tour
$904 - 1,049
River Crossing Apartments
4.7
8720 Knickerbocker Wa Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
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
12
3D Tour
$449 - 819
Lakeside Point At Nora
Deal
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
12
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
38
$679 - 840
Arlington Green (Indy Town)
Deal
1.4
6046 E 21st Street, Suite 1b Management Office Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
44
$774 - 1,155
Retreat Northwest
1130 Racquet Club N Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Fitness Center
Storage
13
$964 - 1,159
River Ridge Apartments
Deal
5.0
4825 Cameron Ridge Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
18
3D Tour
$555 - 899
Woodhaven Park Apartments
4.0
6363 Commons Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
15
$624 - 729
Marabou Mills
1.6
3402 Marabou Mills Dr. Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
361 - 390 of 431 Results
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Frequently Asked Questions

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

There are 431 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 645 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 5,221 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 5,739 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. Herron Morton
  4. Downtown 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 $1,130, with the majority falling between $730 and $1,590. Out of the 7,756 one-bedroom apartments currently on the market in Indianapolis, 4,641 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 512 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, Herron morton, Downtown indianapolis, Upper canal
Old Northside 13
Mapelton 8
Herron Morton 7
Downtown Indianapolis 5
Upper Canal 5
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