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Apartments Under $1,200 in Indianapolis, IN

241 - 270 of 438 Results
23
$795 - 865
3528 E Fall Creek Pkwy N
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,200
5035 Fletcher Ave
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
12
$775
8132 Bold Forbes Ct
Indianapolis, IN
1 BR | Available Now
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1
$1,200
Just South Of Fountain Square, Updated 2 Bedroom/1 Bathroom Cottage Available Now!
1435 Lawton Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
1
$1,099
Spacious 3 Bedroom / 1 Bath Home Near Downtown Indy, Available Now!
327 W 26Th St Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,000
1247 W Lee St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
West Indianapolis
2
$875
Maple Court -two Bedroom Apartments Starting At Just $849!
3524 N Pennsylvania St Indianapolis, IN
2 BR | Jan. 9, 2026
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Dog Friendly
Cat Friendly
Storage
Disability Access
Mapelton
1
$950 - 1,025
Christian Place Apartments
824 Alabama St Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$1,025 - 1,075
126 E. Vermont
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Storage
Disability Access
1
$1,050
The Old Northside
1450 N College Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
6
$950
1627 N Tibbs Ave
Indianapolis, IN
1 BR | Jan. 1, 2026
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House
Storage
8
$1,125
1326 N Ewing St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
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
12
$1,029 - 1,169
Georgetown Woods Senior Apartments
5360 Georgetown Rd Indianapolis, IN
1 - 2 BR | Available Now
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Senior Community
Income Restricted
Section 8
Balcony/Deck/Patio
7
$975
1865 N Dexter St
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
8
$1,025
1128 S Somerset Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
9
$1,075
1431 Worcester Ave
Indianapolis, IN
3 BR | Available Now
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House
10
$1,095
708 E 11th St Unit 10
Indianapolis, IN
2 BR | Ask for Availability
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Old Northside
7
$895
2348 Saint Paul
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
6
$995
443 N Euclid Ave
Indianapolis, IN
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$895
329 Hamilton Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
7
$925
2910 E Brookside Ave
Indianapolis, IN
3 BR | Ask for Availability
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House
5
$1,125
3101 S Lyons Ave
Indianapolis, IN
4 BR | Available Now
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House
6
$975
2311 E Adams St
Indianapolis, IN
3 BR | Ask for Availability
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House
6
$900
5145 Mecca St
Indianapolis, IN
2 BR | Ask for Availability
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House
241 - 270 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 6,018 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. West Indianapolis
  5. Upper Canal

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, 4,736 are priced below $1,200, accounting for 60% 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, West indianapolis, Upper canal
Old Northside 13
Mapelton 7
Downtown Indianapolis 6
West Indianapolis 6
Upper Canal 5
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