Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Indianapolis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $1,200 in Indianapolis, IN

391 - 420 of 480 Results
9
$ Ask - 1,230
Madison Lofts
1430 & 1420 Madison Ave. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
13
$1,150 - 1,250
3416 Montgomery Drive
Indianapolis, IN
3 BR | Available Now
Contact
Air Conditioning
Dishwasher
24
$745 - 1,185
Circle City Apartments
4.4
1321 N. Meridian St. Indianapolis, In 46202 Indianapolis, IN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Townhome
Fitness Center
Dishwasher
7
$549 - 859
Estates At Crystal Bay
7136 East Crystal Bay Drive Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Townhome
Surface Parking
Balcony/Deck/Patio
25
$873 - 1,423
Waterstone Place Apartments
2755 Merlin Lake Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
11
$625 - 735
Fox Club
Deal
4401 South Keystone Avenue Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
8
$619 - 839
Cambridge Commons
2.8
4959 Oakhurst Drive Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
13
$895
301-303 S Gray St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
13
$949 - 1,009
Annhurst
4958 Dawn Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
29
$1,169 - 1,238
Creekside Square Phase I
5836 Hunnewell Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
30
$850 - 1,150
Brookwood Apartments
5301 S Turtle Creek Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
10
$975
1150 East Martin Street
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
17
$867 - 1,155
Riley Towers Apartments
4.0
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
33
$950
5103 E Saint Clair
Indianapolis, IN
2 BR | Available Now
Contact
House
7
$800
2213 Admiral Dr
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
18
$1,123
The Plaza At Library Square
902 N. Pennsylvania Street Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
12
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
38
$679 - 840
Arlington Green (Indy Town)
Deal
1.4
6046 E 21st Street, Suite 1b Management Office Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
16
$700
2900 S Pennsylvania St
2900 Pennsylvania St Indianapols, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
3D Tour
$904 - 1,049
River Crossing Apartments
4.7
8720 Knickerbocker Wa Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
10
$835 - 1,175
The Residences On 56th Street
6800 Brendon Way West Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
20
$1,149
1401 E 10th St
Indianapolis, IN
1 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
Dishwasher
Woodruff Place
11
$825
1910 1912 Lexington Ave
Indianapolis, IN
Studio | Available Now
Contact
Storage
11
$840 - 895
Stonehenge Apartments
7980 Dunston Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
6
$700
1472 W 32nd St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
22
$1,150
Great 3 Bedroom 1.5 Bathroom Town Home In Perry Township!
718 Southfield Ct Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
19
$ Ask - 1,689
Country Lake Townhomes
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
$975
2422 N Kitley Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
House
13
$964 - 1,159
River Ridge Apartments
Deal
5.0
4825 Cameron Ridge Drive Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
9
$561 - 995
Braeburn Village Apartments
3.4
2170 Braeburn East Drive Indianapolis, IN
1 - 4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
391 - 420 of 480 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 480 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 979 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 4,995 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 5,452 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. Herron Morton
  3. Downtown Indianapolis
  4. Woodruff Place
  5. Upper Canal

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

Welcome to the November 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 35 70 105 140 <$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 $1,030, with the majority falling between $700 and $1,560. Out of the 7,829 one-bedroom apartments currently on the market in Indianapolis, 4,654 are priced below $1,200, accounting for 59% of the total available one-bedroom units in Indianapolis.

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

Indianapolis, IN
Greenwood, IN
Speedway, IN
Lebanon, IN
Greenfield, IN
Brownsburg, IN
Plainfield, IN
Beech Grove, IN
Noblesville, IN
406
11
9
8
6
5
4
4
3
In November 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 542 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 406 +1.03%
Greenwood, IN 11 +1.04%
Speedway, IN 9 +0.83%
Lebanon, IN 8 +1.07%
Greenfield, IN 6 +1.18%
Brownsburg, IN 5 +1.0%
Plainfield, IN 4 +1.11%
Beech Grove, IN 4 +0.81%
Noblesville, IN 4 +1.15%
Westfield, IN 4 +1.15%

Looking for Apartments Under $1,200 in Indianapolis?

Available apartments under $1,200 12,473
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 92
Pet friendly 930
Utilities included 60
Furnished 26
Studio 129
1 Bedroom 601
2 Bedroom 395
Square footage 318 - 1,242

Where are Indianapolis Apartments Under $1,200?

Top Neighborhoods Old northside, Herron morton, Downtown indianapolis, Woodruff place, Upper canal
Old Northside 12
Herron Morton 10
Downtown Indianapolis 8
Woodruff Place 6
Upper Canal 6
Browse Indianapolis Apartments
Indianapolis Apartments by Neighborhood
Indianapolis Apartments by Bedrooms
Indianapolis Apartments by Affordability
Indianapolis Apartments with Amenities
Indianapolis Apartments by Type
Colleges Near Indianapolis
Indianapolis Apartments by Zip Code