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Apartments Under $1,200 in Indianapolis, IN

61 - 90 of 374 Results
30
$1,081 - 4,264
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
48
$1,188 - 1,866
Sundance Apartments
Deal
7213 Sundance Dr Indianapolis, IN
1 BR | Jul. 1, 2026
Contact
Air Conditioning
Covered Parking
Surface Parking
Fitness Center
Pool
10
$1,128
Monon Lofts
1122 E 16th St Indianapolis, IN
1 BR | Aug. 10, 2026
Contact
Dishwasher
Kingpark
43
$1,014
Line Lofts
1145 E Washington St Indianapolis, IN
2 BR | Available Now
Contact
In Unit Laundry
Fitness Center
Dishwasher
5
$1,075 - 1,245
Penn Arts Apartments
111 E 16th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Herron Morton
6
$1,199 - 2,267
333 Penn Apartments
333 N Pennsylvania St Indianapolis, IN
1 BR | Sep. 10, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Downtown Indianapolis
5
$850 - 1,175
Garden Pointe Apartments
5005 Lily Ln Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
18
$999 - 1,233
Veridian Castleton
Deal
7503 Ivywood Cir Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Fitness Center
Dishwasher
20
$888 - 1,146
Eagledale Senior
2930 Lafayette Rd Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Surface Parking
In Unit Laundry
Fitness Center
Dishwasher
29
$603 - 720
Morton School Senior
2101 N College Ave Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Fitness Center
Kingpark
152
$1,064
1010 Central
1010 Central Ave Indianapolis, IN
1 BR | Jun. 30, 2026
Contact
Fitness Center
Old Northside
16
$1,024
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Luxury
Income Restricted
25
$458 - 916
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
Income Restricted
Fitness Center
Dishwasher
15
$886 - 959
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
37
$966 - 1,185
Retreat at Riverbend Apartment Homes
Deal
8850 River Bend Pkwy Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Pool
26
3D Tour
$1,059 - 2,012
Avery Point Apartments
8525 Laurel Valley Dr. Indianapolis, IN
1 BR | Jul. 10, 2026
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
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
49
$850 - 1,200
Timber Point Apartments
6201 Newberry Rd Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
32
$799 - 1,364
The Meridian
2100 Westlane Rd Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Fitness Center
Pool
49
$715 - 1,130
Lawrence Senior
8301 E 46th St Indianapolis, IN
1 BR | Available Now
Contact
Surface Parking
Fitness Center
Dishwasher
37
$1,150
Live In Style At Meridian Living I
3310 N Meridian St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$859 - 885
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!
3524 N Pennsylvania St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
12
$800
Well-located Condo With An Attached Garage And Low Hoa Fees.
215 N New Jersey St Apt C Indianapolis, IN
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
9
$927
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
18
$1,199
Nora Commons On The Monon Senior Apartments
1.6
8905 Evergreen Ave Indianapolis, IN
1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
45
$887 - 1,179
Minnie Hartman
3734 E Vermont St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
25
$1,173
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
1 BR | Available Now
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
1
$799 - 989
50 - Saxony Court Apartments
29 S Audubon Rd Indianapolis, IN
1 - 2 BR | Jul. 14, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$825 - 850
1910 1912 Lexington Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Storage
2
$819 - 949
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
61 - 90 of 374 Results
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  3. Apartments Under $1,200
Frequently Asked Questions

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

There are 374 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 653 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 5,732 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 6,339 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. Herron Morton
  3. Mapelton
  4. Downtown Indianapolis
  5. Upper Canal

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

Welcome to the June 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 22 45 67 90 <$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 $1,060, with the majority falling between $710 and $1,570. Out of the 8,938 one-bedroom apartments currently on the market in Indianapolis, 5,086 are priced below $1,200, accounting for 57% of the total available one-bedroom units in Indianapolis.

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

Indianapolis, IN
Lebanon, IN
Greenwood, IN
Speedway, IN
Noblesville, IN
Brownsburg, IN
Plainfield, IN
Lawrence, IN
Carmel, IN
408
7
6
6
5
5
4
3
3
In June 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 416 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 June M/M % Change
Indianapolis, IN 409 +1.05%
Lebanon, IN 8 +1.08%
Greenwood, IN 7 +1.02%
Speedway, IN 6 +1.2%
Noblesville, IN 5 +0.89%
Brownsburg, IN 5 +1.0%
Plainfield, IN 5 +1.19%
Lawrence, IN 4 +1.12%
Carmel, IN 3 +1.0%
Westfield, IN 3 +1.0%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 12,926
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 87
Pet friendly 882
Utilities included 63
Furnished 40
Studio 98
1 Bedroom 539
2 Bedroom 476
Square footage 363 - 1,216

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Herron morton, Mapelton, Downtown indianapolis, Upper canal
Old Northside 9
Herron Morton 6
Mapelton 6
Downtown Indianapolis 5
Upper Canal 5
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