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Apartments Under $1,200 in Indianapolis, IN

1 - 30 of 497 Results
9
$634
Meredith Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
8
$805 - 998
Forty-Six Flats
2511 E 46th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Air Conditioning
37
$1,091
Indianapolis - Lawrence
9515 Pendleton Pike Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
23
$995 - 1,045
Woodbrook Apartments
Deal
4.2
5302 Woodbrook Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
35
3D Tour
$949 - 1,149
Lawrence Landing
Deal
4.4
6875 Faris Avenue Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
61
$899 - 1,039
PER
ROOM
The Avenue
930 W 10th St Indianapolis, IN
2 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
58
$1,139 - 1,199
Riverchase Apartments
Deal
2730 River Chase Dr Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
32
$1,175 - 1,200
Proctor Place
240 N Warman Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
63
$1,083 - 2,085
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
9
$870 - 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
11
$902 - 2,255
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
56
$698 - 2,838
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
15
$765 - 860
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
29
$796 - 1,845
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
22
$934 - 1,122
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
45
$840 - 1,803
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
37
$747 - 1,756
Courts Apartments
4417 Linwood Ct Indianapolis, IN
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
53
$784 - 2,055
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
16
$907 - 1,115
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
$770 - 1,147
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
48
$768 - 1,635
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
21
3D Tour
$1,086 - 1,781
Avery Point Apartments
Deal
8525 Laurel Valley Dr. Indianapolis, IN
1 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
18
$1,195
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
63
$732 - 2,283
The Pines at SoBro
5018 Lemans Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
14
$837 - 2,173
Riverside Apartments
2638 Cold Spring Manor Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
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
32
$728 - 2,602
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
1 - 2 BR | Jan. 15, 2025
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
22
$1,086
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
25
$1,038 - 1,165
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
22
$927 - 1,122
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
1 - 30 of 497 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 497 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 855 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 4,637 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 5,135 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. Downtown Indianapolis
  3. Mapelton
  4. Woodruff Place
  5. Upper Canal

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

Welcome to the December 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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 27 55 82 110 <$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 $1,050, with the majority falling between $700 and $1,570. Out of the 7,882 one-bedroom apartments currently on the market in Indianapolis, 4,739 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
Speedway, IN
Greenwood, IN
Lebanon, IN
Brownsburg, IN
Greenfield, IN
Beech Grove, IN
Plainfield, IN
Danville, IN
385
10
10
7
5
4
4
3
3
In December 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 550 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 386 +1.05%
Speedway, IN 11 +0.87%
Greenwood, IN 11 +1.07%
Lebanon, IN 7 +1.12%
Brownsburg, IN 5 +1.03%
Greenfield, IN 4 +1.3%
Beech Grove, IN 4 +1.04%
Plainfield, IN 4 +1.08%
Danville, IN 4 +1.05%
Westfield, IN 3 +1.09%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 12,450
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 94
Pet friendly 970
Utilities included 85
Furnished 57
Studio 130
1 Bedroom 535
2 Bedroom 421
Square footage 329 - 1,272

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Downtown indianapolis, Mapelton, Woodruff place, Upper canal
Old Northside 12
Downtown Indianapolis 9
Mapelton 8
Woodruff Place 6
Upper Canal 6
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