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Apartments Under $1,200 in Indianapolis, IN

61 - 90 of 398 Results
5
$631 - 814
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
24
$1,097 - 3,658
Summerwood on Towne Line Apartments
2520 Summer Dr Indianapolis, IN
1 BR | Available Now
Contact
Luxury
Covered Parking
Fitness Center
Pool
Fireplace
11
$703 - 1,295
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
29
3D Tour
$1,151 - 2,152
Harrison Place Apartments
5812 Beatle Dr. Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
49
$1,130
Lawrence Senior
8301 E 46th St Indianapolis, IN
1 BR | Aug. 13, 2026
Contact
Surface Parking
Fitness Center
Dishwasher
32
$799 - 899
The Meridian
2100 Westlane Rd Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Fitness Center
Pool
18
$1,175
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
54
$905 - 1,185
Strawbridge Green
4649 Strawbridge St Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
8
$750 - 925
3726 N MERIDIAN STREET 3726 N MERIDIAN STREET
Indianapolis, IN
1 - 2 BR | Aug. 17, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
75
$1,149 - 1,150
Riverchase Apartments
Deal
2730 River Chase Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
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
9
$824 - 1,094
Nola Court Apartments
N Indianola Ave Indianapolis, IN
2 BR | Aug. 17, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$849 - 999
Sawmill Apartments
Deal
3708 Lickridge Lane Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
22
$973 - 1,106
Lynhurst Park Apartments
2.6
3215 Joey Way Indianapolis, IN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
5
$691 - 890
Butler Place
5230 E Washington St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
63
$989 - 1,624
CityView on Meridian
Deal
3.4
3801 N. Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Fitness Center
5
$685 - 894
Balsam Avenue Apartments - The Villages
3520-3534 E Fall Creek Pkwy Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$825 - 875
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
1 BR | Sep. 1, 2026
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
37
$895
Live In Style At Meridian Living
3310 N Meridian St Indianapolis, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
45
$887 - 1,179
Minnie Hartman
3734 E Vermont St Indianapolis, IN
2 BR | Aug. 13, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
37
$1,095
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
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
125
3D Tour
$900 - 1,694
Pickwick Farms Apartments
Deal
1540 Handball Lane Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Furnished
Virtual Tour
Luxury
Air Conditioning
In Unit Laundry
37
$1,001 - 1,181
Retreat at Riverbend Apartment Homes
Deal
8850 River Bend Pkwy Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Pool
33
3D Tour
$1,079 - 2,154
Avery Point Apartments
8525 Laurel Valley Dr. Indianapolis, IN
1 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
36
$943
Illinois Street Senior
1352 N Illinois St Indianapolis, IN
1 BR | Aug. 13, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Old Northside
49
$865 - 985
Timber Point Apartments
6201 Newberry Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
37
$1,095
Live In Style At Meridian Living
3310 N Meridian St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
27
$950 - 1,095
Live In Style At Bellagio East Living I: Convenient And Vibrant Community In Indianapolis
7036 E 10th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
61 - 90 of 398 Results
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Frequently Asked Questions

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

There are 398 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 571 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 5,185 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 6,202 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. West Indianapolis
  4. Herron Morton
  5. Downtown Indianapolis

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

Welcome to the August 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,000, with the majority falling between $700 and $1,530. Out of the 8,573 one-bedroom apartments currently on the market in Indianapolis, 4,745 are priced below $1,200, accounting for 55% of the total available one-bedroom units in Indianapolis.

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

Indianapolis, IN
Greenwood, IN
Brownsburg, IN
Lebanon, IN
Speedway, IN
Danville, IN
Noblesville, IN
Plainfield, IN
Westfield, IN
373
7
5
4
4
3
3
3
3
In August 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 441 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 August M/M % Change
Indianapolis, IN 373 +1.04%
Greenwood, IN 7 +0.93%
Brownsburg, IN 5 +1.0%
Lebanon, IN 5 +1.24%
Speedway, IN 5 +1.0%
Danville, IN 4 +0.84%
Noblesville, IN 4 +1.19%
Plainfield, IN 3 +1.2%
Westfield, IN 3 +0.94%
Beech Grove, IN 3 +0.88%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 13,129
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 124
Pet friendly 885
Utilities included 65
Furnished 32
Studio 136
1 Bedroom 576
2 Bedroom 490
Square footage 344 - 1,225

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Mapelton, West indianapolis, Herron morton, Downtown indianapolis
Old Northside 9
Mapelton 8
West Indianapolis 8
Herron Morton 7
Downtown Indianapolis 4
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