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Apartments Under $1,200 in Indianapolis, IN

1 - 30 of 384 Results
63
$1,033 - 1,819
Edge 35
Deal
4.0
1224 Prospect St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
31
$1,139
Indianapolis - West
8045 Rockville Rd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
35
3D Tour
$949 - 1,149
Lawrence Landing
4.4
6875 Faris Avenue Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
37
$1,139
Indianapolis - Lawrence
9515 Pendleton Pike Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
25
$458 - 1,027
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
14
$675 - 875
Meridian Towers Apartments
3710 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
23
$636 - 1,353
Groves Apartments
5018 Lemans Dr Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
17
$1,044 - 1,516
Riverside Apartments
2638 Cold Spring Manor Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
9
$929 - 1,148
Canterbury House - Indianapolis Franklin Road (Phase II)
2.3
7955 Kingsmead Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
Pool
22
$1,086 - 1,186
Hanna Village Apartments
2.2
4020 Hanna Village Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
15
$656 - 1,618
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
16
$929 - 1,148
Canterbury House Apartments - Franklin Road
2.6
7955 Kingsmead Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Surface Parking
22
$935 - 1,142
Lynhurst Park (Phase II)
2.6
3215 Joey Way Indianapolis, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Fitness Center
Dishwasher
Pool
16
$885 - 1,041
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Income Restricted
28
$550 - 1,110
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 4 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
13
$658 - 1,106
Courts Apartments
4417 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
12
$894 - 1,295
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
16
$825 - 1,381
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
17
$859 - 1,609
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
19
$989 - 1,185
Teal Run
4.5
2302 Windsong Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
18
$1,190
Nora Commons On The Monon Senior Apartments
8905 Evergreen Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
14
$707 - 1,384
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
25
$971 - 999
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
9
$900 - 1,173
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
15
$720 - 1,473
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
22
$935 - 1,142
Lynhurst Park Apartments
2.6
3215 Joey Way Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
15
$964 - 1,342
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
29
3D Tour
$1,185 - 1,960
Harrison Place Apartments
Deal
5812 Beatle Dr. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Balcony/Deck/Patio
Fitness Center
Storage
Dishwasher
15
$754 - 857
Lakes At Crossbridge
2.8
7925 Crossbridge Dr Downtown Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
21
3D Tour
$970 - 1,750
Avery Point Apartments
Deal
8525 Laurel Valley Dr. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
1 - 30 of 384 Results
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  3. Apartments Under $1,200
Frequently Asked Questions

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

There are 384 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 1,025 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 5,708 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 6,548 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 $36,000.

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. Woodruff Place

Apartments Under $1,200 in Indianapolis, IN: April Rental Information

Welcome to the April 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 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 20 40 60 80 <$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 $660 and $1,590. Out of the 7,268 one-bedroom apartments currently on the market in Indianapolis, 5,098 are priced below $1,200, accounting for 70% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $1,200: Indianapolis vs. Surrounding Areas

Indianapolis, IN
Greenwood, IN
Lebanon, IN
Brownsburg, IN
Plainfield, IN
Greenfield, IN
Carmel, IN
Westfield, IN
Noblesville, IN
433
12
6
6
5
5
4
4
4
In April 2024, 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 451 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 April M/M % Change
Indianapolis, IN 434 +1.02%
Greenwood, IN 12 +1.08%
Lebanon, IN 7 +1.1%
Brownsburg, IN 7 +0.87%
Plainfield, IN 6 +1.0%
Greenfield, IN 5 +1.05%
Carmel, IN 5 +1.14%
Westfield, IN 5 +1.14%
Noblesville, IN 5 +1.05%
Beech Grove, IN 3 +1.13%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 13,883
Top amenities Fitness Center, On Site Laundry, Refrigerator, Garbage Disposal, Range / Oven
Deals 163
Pet friendly 1,218
Utilities included 281
Furnished 34
Studio 198
1 Bedroom 729
2 Bedroom 424
Square footage 400 - 1,155

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Mapelton, Downtown indianapolis, Upper canal, Woodruff place
Old Northside 11
Mapelton 8
Downtown Indianapolis 6
Upper Canal 4
Woodruff Place 3
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