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Apartments Under $1,200 in Indianapolis, IN

421 - 443 of 443 Results
1
$899
East Side 3 Bedroom Half Double
314 N Linwood Ave Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$995
Discover Your Perfect Home At Bellagio North Living I In Indianapolis
1232 W 73rd St Indianapolis, IN
1 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Fitness Center
Storage
Disability Access
0
$900
8 N Butler Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,050
2045 Parker
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
16
$695
Fountain Square Duplex 2 Bed 1 Bath
1044 Dawson St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
1
$992 - 1,175
Downtown Living
430 Massachusetts Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Income Restricted
Section 8
Storage
Disability Access
Dishwasher
2
$850
Magnolia Living - 3330-3340 N. Meridian St.
3330-3340 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
4
$725
1 Bedroom Shelby Unit
1952 S Shelby St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
$795
Live In Style At Bellagio East Living Ii: Convenient And Vibrant Community In Indianapolis
3001 N Webster Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
$890 - 938
The Woods Of Eagle Creek
4949 Bobwhite Lane Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
2
$649
925 N Oakland Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$1,095
Now Available!! Charming Two Bedroom One Bathroom Duplex!!!
3133 W Michigan St W Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
$989 - 1,130
Woodbridge Castleton
9414 San Miguel Drive Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
1
$625
2 Bedroom 1 Bath
1628 N Colorado Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$900
122 E. 22Nd Street
Indianapolis, IN
1 BR | Ask for Availability
Contact
Herron Morton
1
$1,099
601 N Oxford St
Indianapolis, IN
3 BR | Ask for Availability
Contact
1
$700
4430 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$795
Charming 2-bedroom Home In Historic Indianapolis Neighborhood
1221 N Rural St Indianapolis, IN
2 BR | Available Now
Contact
House
1
$650
4721 E 34Th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
$750
2226 N Kenyon St
Indianapolis, IN
2 BR | Ask for Availability
Contact
$600
1 Bed House For Rent
2926 E 18Th St Indianapolis, IN
1 BR | Ask for Availability
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$1,200
11449 High Grass Dr
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
$596 - 861
Fishermans Village
2975 Coast Drive Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
421 - 443 of 443 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 443 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 616 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 5,379 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 5,891 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 $1,100, with the majority falling between $730 and $1,590. Out of the 7,923 one-bedroom apartments currently on the market in Indianapolis, 4,929 are priced below $1,200, accounting for 62% 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 6
Downtown Indianapolis 5
Upper Canal 5
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