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Apartments Under $1,200 in Indianapolis, IN

121 - 150 of 397 Results
21
$1,199
2341 Adams St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$900 - 950
6059 Dickson Rd
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
5
$1,200
3544 N College Ave Unit 1
Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
Mapelton
9
$925
Victoria Rd
Indianapolis, IN
1 BR | Ask for Availability
Contact
4
$1,099
Elevate Keystone Apartments
8468 Union Chapel Rd Indianapolis, IN
Studio | Available Now
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40
$742 - 745
5703 E Washington St
Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
32
$889 - 1,079
Greentree Apartments
2524 Tamarack Ln Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$959
60 - Addison Apartments
7155 E 21st St Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$1,050
5033-5035 E New York St
Indianapolis, IN
3 BR | Aug. 30, 2026
Contact
Dog Friendly
Cat Friendly
10
$950
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
Dishwasher
1
$950
6118 Dickson Rd
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
7
$999
5566 Oliver Ave
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
8
$1,070
37 S Lynhurst Dr
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
23
$1,095
3101 E 10th St Unit Indianapolis
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
25
$764 - 814
3528 E Fall Creek Pkwy N
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,000
Historic Irvington Flats
222 S Downey Ave Indianapolis, IN
Studio | Sep. 4, 2026
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Cat Friendly
Storage
Disability Access
1
$1,195
Charming 2-bedroom Home With Spacious Yard Near Garfield Park, Available Now!
2224 S Keystone Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$950
2422 Coyner Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
1
$1,000
3709 Kinnear Ave
3709-3711 Kinnear Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
18
$1,200
3624 N Illinois St Unit 3624
Indianapolis, IN
2 BR | Available Now
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Storage
10
$1,000
1315 N Rural St
Indianapolis, IN
1 BR | Aug. 15, 2026
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House
Dishwasher
8
$930
Spann Ave
Indianapolis, IN
1 BR | Ask for Availability
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17
3D Tour
$904 - 1,049
River Crossing Apartments
4.7
8720 Knickerbocker Wa Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
22
$995
1132 N Oxford St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
53
$793 - 875
26 E 14th St
Indianapolis, IN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Old Northside
7
$990
Weghorst St
Indianapolis, IN
1 BR | Ask for Availability
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4
$947
N Illinois St
Indianapolis, IN
1 BR | Ask for Availability
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10
$1,015
Orange St
Indianapolis, IN
1 BR | Ask for Availability
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53
$995
1635 Central Ave
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Herron Morton
1
$950
6028 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
121 - 150 of 397 Results
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Frequently Asked Questions

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

There are 397 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 5,184 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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