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Apartments Under $1,200 in Indianapolis, IN

121 - 150 of 399 Results
15
$844
N Gladstone Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
5
$801
S Delaware St
Indianapolis, IN
1 BR | Ask for Availability
Contact
13
$818
Dawson St
Indianapolis, IN
1 BR | Ask for Availability
Contact
0
$1,050
6028 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$825
Mills 969-971
969-971 E Mills Ave Indianapolis, IN
1 BR | Available Now
Contact
Storage
36
$899 - 939
The Courts Apartment Homes
4425 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$950
6111 Laurel Hall Dr
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
2
$849 - 1,793
7936 Timber Ridge Dr
Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Pool
11
$1,100
5614 Oliver Ave
Indianapolis, IN
2 BR | Available Now
Contact
House
1
$1,150
901 N Bradley Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$1,145
5831 W 25th St Unit 2
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
5
$995
*coming Soon* 216 S Emerson Ave Indpls, In 46219
216 S Emerson Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
House
7
$875
1538 E Naomi St
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
12
$805
1424 Campbell Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
13
$1,150
2435 S Roena St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
8
$925
1623 Nelson Ave
Indianapolis, IN
4 BR | Ask for Availability
Contact
House
19
$1,200
*coming Soon* 4901 Ribble Rd, Indpls, In 46218
4901 Ribble Rd Indianapolis, IN
4 BR | Ask for Availability
Contact
House
6
$995
4419 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
56
$753 - 825
3609 Balsam Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
17
$795 - 900
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
24
$1,200
111 E 16th St
Indianapolis, IN
1 BR | Nov. 14, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Herron Morton
10
$975
4114 W Michigan St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$780
2113 Ringgold Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
5
$1,100
6132 E Nelson Pl. Indpls, In 46219
6132 Nelson Pl Indianapolis, IN
2 BR | Ask for Availability
Contact
House
17
$945
2862 Highland Pl
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
5
$895
1230 Taylor Dr W
Indianapolis, IN
2 BR | Ask for Availability
Contact
13
$950
*coming Soon* 2921 N Gladstone Ave, Indpls, In 46218
2921 N Gladstone Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
House
1
$805
3709-3711 Brookside Pkwy S Dr
3709 Brookside Pkwy S Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$990 - 1,100
The Old Northside
1450 N College Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
In Unit Laundry
Storage
14
$869
2372 Beckwith Dr Unit 1br
Indianapolis, IN
1 BR | Available Now
Contact
Balcony/Deck/Patio
Martindale
121 - 150 of 399 Results
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  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 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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