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Apartments Under $1,200 in Indianapolis, IN

121 - 150 of 438 Results
1
$1,200
Beautifully 2-bedroom Home Minutes From Bottleworks & Historic Irvington!
4707 E 21st St Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
10
$850
Irvington Living Ii: Renovated Comfort In A Vibrant Neighborhood
4801 E Washington St Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
0
$975
Experience Luxury Living At Bellagio Living Ii: Modern Apartments In Lawrence, Indiana
8930 Brigadier Dr Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$999
Spacious Two Bedroom Near Washington Blvd And 34th Street ( $150 Off The 2nd Month Rent)
3558 Washington N Blvd Indianapolis, IN
2 BR | Available Now
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Cat Friendly
House
Mapelton
6
$775 - 995
One Somerset
3765 S State Ave Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$950
Now Showing This 2br, 1ba Duplex Located At 2346 Coyner Ave., Indianapolis, In
2346 Coyner Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
10
$1,050
35 Woodland Dr
Indianapolis, IN
3 BR | Ask for Availability
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House
Dishwasher
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
Studio | Available Now
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Storage
1
$1,100
Southside 2 Bedroom, 1 Bath, 1 Car Detached Garage Home Near Belmont, Available Now!
1210 S Sheffield Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
West Indianapolis
36
$879
The Courts Apartment Homes
4425 Linwood Ct Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$795
1411-1413 N Pershing Ave
1411-13 N Pershing Ave Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$850
1133-35 N Olney
Indianapolis, IN
2 BR | Available Now
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Storage
Disability Access
1
$900 - 950
6111 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
1
$950
6028 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1
$995
1518-1520 Kennington St
Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Dishwasher
2
$745
207 - Shortridge
3601 N Meridian St Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
13
$800
4823 E Michigan St Unit Unit
Indianapolis, IN
2 BR | Dec. 15, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
5
$1,000
119 N Euclid Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
1
$715 - 935
Biltmore Apartments
3540 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
2
$949
7936 Timber Ridge Dr
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Pool
7
$725 - 850
5730 E Washington St
Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
24
$965 - 1,200
Circle City Apartments
1321 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Fireplace
Old Northside
6
$875
1846 E Brookside Ave
Indianapolis, IN
3 BR | Ask for Availability
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House
6
$950
3999 N Irwin Ave
Indianapolis, IN
2 BR | Ask for Availability
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House
7
$925
449 S Butler Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
15
$1,049
1017 Laurel St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
16
$1,099
8356 Paso Del Norte Ct
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
4
$695
618 N Euclid Ave
Indianapolis, IN
2 BR | Ask for Availability
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House
13
$925
1005 Sanders St
Indianapolis, IN
1 BR | Available Now
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Air Conditioning
1
$799
239 N Tacoma St
Indianapolis, IN
2 BR | Dec. 31, 2025
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Dog Friendly
Cat Friendly
House
121 - 150 of 438 Results
  1. Home
  2. Indianapolis
  3. Apartments Under $1,200
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 5,367 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 6,020 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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