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Apartments Under $1,200 in Indianapolis, IN

31 - 60 of 399 Results
8
$725 - 885
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!
3524 N Pennsylvania St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
53
$1,194 - 2,828
The Vue
718 E Georgia St Indianapolis, IN
Studio | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
25
$1,020 - 1,125
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
1 - 2 BR | Available Now
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
11
$569 - 1,025
East Village at Avondale Meadows Apartments
3810 Cooper Square Court Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
5
$753 - 898
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
49
$820 - 955
Timber Point Apartments
Deal
6201 Newberry Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
27
$1,095
Live In Style At Bellagio East Living I: Convenient And Vibrant Community In Indianapolis
7036 E 10th St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
75
$895 - 1,150
Bellagio West Living I
7455 Rockleigh Ave Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
37
$950
Live In Style At Meridian Living
3310 N Meridian St Indianapolis, IN
1 BR | Nov. 15, 2026
Contact
Dog Friendly
Cat Friendly
9
$885
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
12
$1,109
3540 N Pennsylvania St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
5
$684 - 894
5730 E Washington
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
47
$846 - 1,551
Bavarian Village Apartments
3001 Bavarian West Dr Indianapolis, IN
Studio - 2 BR | Nov. 20, 2026
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
Dishwasher
5
$800 - 876
Balsam Avenue Apartments - The Villages
3520-3534 E Fall Creek Pkwy Indianapolis, IN
Studio | Nov. 14, 2026
Contact
Dog Friendly
Cat Friendly
8
$765 - 875
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
14
$1,055 - 1,199
Monon Station Apartments
4554 Winthrop Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
8
$770
37 - 57 E 38TH STREET, BARRINGTON APARTMENTS
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
30
$1,099 - 2,489
Overlook at Valley Ridge Apartments
6810 Valley Ridge Dr Indianapolis, IN
1 BR | Available Now
Contact
Luxury
Covered Parking
Balcony/Deck/Patio
Fitness Center
Pool
5
$795 - 900
Butler Place
5230 E Washington St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
63
$839 - 2,417
CityView on Meridian
Deal
3.4
3801 N. Meridian St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Fitness Center
21
$974
1401 E 10th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
13
$1,140
Forte Apartments
1140 Shelby St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
9
$1,024 - 1,125
Nola Court Apartments
N Indianola Ave Indianapolis, IN
1 - 2 BR | Nov. 13, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
126
3D Tour
$873 - 1,789
Pickwick Farms Apartments
Deal
1540 Handball Lane Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Furnished
Virtual Tour
Luxury
Air Conditioning
In Unit Laundry
8
$630 - 965
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio - 1 BR | Nov. 28, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
15
$760 - 804
Penn Plaza
3671 N Pennsylvania St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
13
$799 - 1,739
5220 Luzzane Ln
Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Balcony/Deck/Patio
5
$1,200
Penn Arts Apartments
111 E 16th St Indianapolis, IN
1 BR | Nov. 14, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Herron Morton
11
$849 - 999
Sawmill Apartments
Deal
3708 Lickridge Lane Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
28
3D Tour
$945 - 1,656
Scarborough Lake Apartments
Deal
6430 Maidstone Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Virtual Tour
Air Conditioning
Fitness Center
Pool
31 - 60 of 399 Results
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Frequently Asked Questions

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

There are 399 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 466 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 3,178 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 3,566 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. Woodruff Place
  2. Mapelton
  3. Herron Morton
  4. Old Northside
  5. Upper Canal

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

Welcome to the November 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 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 $1,000, with the majority falling between $700 and $1,630. Out of the 6,105 one-bedroom apartments currently on the market in Indianapolis, 2,691 are priced below $1,200, accounting for 44% of the total available one-bedroom units in Indianapolis.

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

Indianapolis, IN
Greenwood, IN
Speedway, IN
Beech Grove, IN
Lebanon, IN
Brownsburg, IN
Danville, IN
Noblesville, IN
Greenfield, IN
377
10
6
5
5
4
4
3
3
In November 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 439 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 November M/M % Change
Indianapolis, IN 377 +0.99%
Greenwood, IN 11 +0.74%
Speedway, IN 6 +1.06%
Beech Grove, IN 5 +0.92%
Lebanon, IN 5 +0.96%
Brownsburg, IN 5 +1.0%
Danville, IN 4 +1.04%
Noblesville, IN 4 +1.1%
Greenfield, IN 4 +0.36%
Carmel, IN 3 +1.0%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 7,771
Top amenities Dishwasher, On Site Laundry, Refrigerator, Range / Oven, High Speed Internet
Deals 90
Pet friendly 631
Utilities included 48
Furnished 31
Studio 108
1 Bedroom 426
2 Bedroom 355
Square footage 198 - 1,252

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Woodruff place, Mapelton, Herron morton, Old northside, Upper canal
Woodruff Place 8
Mapelton 8
Herron Morton 7
Old Northside 7
Upper Canal 6
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