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Apartments Under $1,200 in Indianapolis, IN

61 - 90 of 399 Results
28
3D Tour
$952 - 1,656
Scarborough Lake Apartments
Deal
6430 Maidstone Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Virtual Tour
Air Conditioning
Fitness Center
Pool
8
$630 - 965
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio - 1 BR | Nov. 28, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
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
11
$849 - 999
Sawmill Apartments
Deal
3708 Lickridge Lane Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
8
$925
3726 N MERIDIAN STREET 3726 N MERIDIAN STREET
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
54
$985 - 1,200
Strawbridge Green
4649 Strawbridge St Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
10
$1,200 - 1,661
Park Place Apartments
1349 Saddlebrook Ct Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$725
Biltmore Apartments
3540 N Meridian St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$875
Shortridge Apartments
3601 N Meridian St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
45
$892 - 1,374
Waterstone Place Apartments
2755 Merlin Lake Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
Pool
8
$949
172 - Shamrock Apartments
2430 E Kelly St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
8
$775
Stanton Apartments
3536 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$807 - 1,048
Piccadilly
28 E 16th St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Herron Morton
82
$895 - 970
Trails At Lakeside
3836 Arbor Green Ln Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Disability Access
Pool
5
$1,000
Tyler J Koczenasz
Deal
7371 Railhead Ct Indianapolis In, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
22
$965 - 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
15
$865 - 965
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
16
$1,016 - 1,125
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
18
$1,099
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
30
$1,194 - 2,150
Bayview Club Apartments
7545 Bayview Club Drive Indianapolis, IN
1 BR | Nov. 23, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
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
12
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
33
3D Tour
$1,106 - 1,726
Avery Point Apartments
8525 Laurel Valley Dr. Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
61
$1,049 - 1,514
9 on Canal Apartments
335 West 9Th Street Indianapolis, IN
1 BR | Ask for Availability
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Dishwasher
11
$899 - 1,199
Brockton Apartments
5778 Brockton Drive Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
26
$1,029 - 1,094
Canal Square Apartments
3.8
359 North West Street Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Luxury
10
$850 - 1,089
Landmark Apartments
2.7
7653 Woodmore Trace Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Covered Parking
14
$850
The Reserves at Warren Park
9120 E. 10Th Street Indianapolis, IN
2 BR | Available Now
Contact
Cat Friendly
Balcony/Deck/Patio
10
$659 - 899
Rosewood Commons
4.0
5549 Rosewood Commons Dr. Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
12
3D Tour
$449 - 819
Lakeside Point At Nora
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
61 - 90 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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