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Apartments Under $1,200 in Indianapolis, IN

151 - 180 of 400 Results
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
11
$1,100
5614 Oliver Ave
Indianapolis, IN
2 BR | Available Now
Contact
House
6
$1,145
5831 W 25th St Unit 2
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
17
$595
*coming Soon* 5345 E Washington St Unit 8 Indpls, In 46219
5345 E Washington St Apt 8 Indianapolis, IN
Studio | Ask for Availability
Contact
House
17
$1,150
2024 N Rochester Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
6
$995
4412 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
17
$595
5345 E Washington St. Unit 4 Indpls, In 46219
5345 E Washington St Apt 4 Indianapolis, IN
Studio | Ask for Availability
Contact
House
6
$950
2906 N Lasalle St
Indianapolis, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
8
$1,075
3707 Payton Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
16
$885 - 950
The Sheldrake
2258 N Meridian St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
Fitness Center
8
$1,200
1321 Blaine Ave
Indianapolis, IN
2 - 3 BR | Ask for Availability
Contact
22
$1,200
1114 W 31st St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
14
$1,099 - 1,190
Discover Stadium Lofts Indianapolis — Where Historic Charm Meets Modern Luxury
1510 Stadium Way Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
1
$1,000
6049 Dickson Rd
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$1,150
Updated 2 Bedroom With Spacious Yard On The Southwest Side, Available Now!
2435 S Roena St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
4
$899
Enclave Park 100
5802 W 71st St Indianapolis, IN
Studio | Available Now
Contact
15
$869
2372 Beckwith Dr Unit 1br
Indianapolis, IN
1 BR | Available Now
Contact
Balcony/Deck/Patio
Martindale
9
$938 - 1,145
920 North Alabama
Indianapolis, IN
1 BR | Available Now
Contact
Old Northside
1
$869 - 989
50 - Saxony Court Apartments
29 S Audubon Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
10
$950
1306 Woodlawn Ave Unit 1D
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
2
$745 - 949
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
17
$1,200
3943 Cornelius Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
3
$929 - 1,510
5220 Luzzane Ln
Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Balcony/Deck/Patio
7
$965 - 1,140
Monon Walk
6115 Winthrop Ave Indianapolis, IN
Studio - 1 BR | Jan. 15, 2027
Contact
1
$1,095
916-918 Fairfield
916-918 Fairfield Ave Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Mapelton
24
$1,149
359 S Ritter Ave Unit C
Indianapolis, IN
2 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Dishwasher
151 - 180 of 400 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 400 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 476 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 3,188 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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