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Apartments Under $1,200 in Indianapolis, IN

61 - 90 of 438 Results
16
$769 - 995
Serenity Park Apartments
9060 E 39th Pl Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Disability Access
Pool
36
$823 - 1,062
Illinois Street Senior
1352 N Illinois St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Old Northside
63
$1,004 - 1,199
Lake Clearwater Apartments
Deal
3.8
3914 Lake Clearwater Pl Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
53
$1,153 - 4,082
The Vue
718 E Georgia St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
26
$891
Canal Gardens
1249 Dr Martin Luther King Jr St Indianapolis, IN
2 BR | Available Now
Contact
Income Restricted
Surface Parking
Dishwasher
Upper Canal
9
$764 - 1,084
Nola Court Apartments
N Indianola Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$869 - 999
Sawmill Apartments
Deal
3708 Lickridge Lane Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
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
66
$899 - 1,556
CityView on Meridian
Deal
3.4
3801 N. Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
16
$899 - 1,150
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Luxury
Income Restricted
15
$805 - 845
Lakes At Crossbridge
2.8
7925 Crossbridge Dr Downtown Indianapolis, IN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
8
$750 - 940
The Bauer Apartments
3720 N Meridian St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
19
$875 - 1,025
Historic Audubon Court
5703 E Washington Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
37
$883 - 1,370
Waterstone Place Apartments
2755 Merlin Lake Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
33
$999 - 1,199
Gathyr Apartments
Deal
1117 E Market St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
36
$919 - 1,199
Fishermans Village
2.8
2975 Coast Drive Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Dishwasher
26
$875 - 1,200
El Dorado Apartments
Deal
3621 Lawnview Ln Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
20
$485 - 1,062
Eagledale Senior
2930 Lafayette Rd Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Surface Parking
In Unit Laundry
Fitness Center
Dishwasher
29
$729 - 928
Morton School Senior
2101 N College Ave Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Fitness Center
Kingpark
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
8
$740 - 820
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
28
$1,033 - 1,170
Park at Eagle Creek
5525 Elkhorn Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
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
45
$648 - 1,159
Minnie Hartman
3734 E Vermont St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
9
$973
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
43
$563 - 1,165
Line Lofts
1145 E Washington St Indianapolis, IN
2 BR | Available Now
Contact
In Unit Laundry
Fitness Center
Dishwasher
22
$970 - 1,122
Lynhurst Park (Phase II)
2.6
3215 Joey Way Indianapolis, IN
1 - 2 BR | Available Now
Air Conditioning
Surface Parking
Fitness Center
Dishwasher
Pool
99
3D Tour
$873 - 1,541
Pickwick Farms Apartments
Deal
1540 Handball Lane Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
10
$975
1150 East Martin Street
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
61 - 90 of 438 Results
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Frequently Asked Questions

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

There are 438 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 5,366 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 6,019 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. Upper Canal
  5. West Indianapolis

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, 4,865 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 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, Upper canal, West indianapolis
Old Northside 13
Mapelton 7
Downtown Indianapolis 6
Upper Canal 6
West Indianapolis 6
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