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Apartments Under $1,200 in Indianapolis, IN

151 - 180 of 438 Results
36
$875 - 1,025
5703 E Washington St
Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
9
$1,100
6037 W 25th St
Indianapolis, IN
2 BR | Available Now
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8
$1,150
4111 Stonecrest Ct
Indianapolis, IN
2 BR | Available Now
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House
11
$1,100
840 N Lasalle St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$895
1119 S Denny St
Indianapolis, IN
2 BR | Available Now
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House
10
$690
960 N Drexel Ave
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$850
1326 Medford Ave
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
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
2
$675 - 795
The Courts On Monon
3605-3609 Balsam Indianapolis, IN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$750
1781 1783 Roosevelt Ave
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Martindale
1
$1,100
1301 N Olney St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
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Disability Access
11
$850
Bates-hendricks Duplex 1 Bedroom 1 Bath
1548 S Alabama St Indianapolis, IN
1 BR | Ask for Availability
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House
1
$999 - 1,199
Lawrence Glen Apartments
8633 E 46th St Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
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Dishwasher
1
$1,185
Updated 3-bedroom Ranch – Move-in Ready!
2832 Manlove Ave Indianapolis, IN
3 BR | Available Now
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House
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Dishwasher
5
$1,200
'coming Soon" 822 N Oakland Ave. Indpls, In 46201
822 N Oakland Ave Indianapolis, IN
2 BR | Ask for Availability
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House
19
$907 - 1,172
549 N Senate Ave
Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Upper Canal
2
$1,159
School 85
338 S Arlington Ave Indianapolis, IN
1 BR | Available Now
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Cat Friendly
Surface Parking
Storage
15
$850
3936 E 10th St
Indianapolis, IN
2 BR | Ask for Availability
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House
Dishwasher
6
$649 - 774
Volrath
118 Palmer St Indianapolis, IN
Studio - 1 BR | Available Now
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Dishwasher
4
$900
2412 N Lesley Ave
Indianapolis, IN
2 BR | Ask for Availability
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House
1
$875
Essex Apartments
940 Woodruff Place Middle Dr Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Woodruff Place
1
$1,000
West Side, Close To The Airport, 1 Bedroom, 1 Bathroom Cozy House Available Now!
895 S Auburn St Indianapolis, IN
1 BR | Available Now
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Dog Friendly
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Disability Access
1
$1,095
Coming Soon! Check Out This Adorable And Affordable 2 Bedrooms/1 Full Bath Home!
1449 S Leland Ave Indianapolis, IN
2 BR | Available Now
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House
1
$1,000
1 West 28th
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
3
$899 - 1,622
5220 Luzzane Ln
Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Balcony/Deck/Patio
1
$800
4114- 4116 E Washington St - Selling
4114 E Washington St Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,095
Fayette 929
929 Fayette St Indianapolis, IN
1 BR | Ask for Availability
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Air Conditioning
Storage
Disability Access
Dishwasher
Upper Canal
1
$800
409 N Gray St
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
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Storage
1
$999
Spacious 2 Bedroom Half Double
2349 N Kenwood Ave Indianapolis, IN
2 BR | Available Now
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151 - 180 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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