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

181 - 210 of 478 Results
8
$950
227 S Sherman Dr
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$635 - 875
Dunbar Court Apartments
1022 Dr Martin Luther King Jr St Indianapolis, IN
Studio - 1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
Upper Canal
2
$1,092
Minnie Hartmann Center
3734 E Vermont St Indianapolis, IN
2 BR | Available Now
Contact
Luxury
Surface Parking
11
$695
1434 N Denny St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
16
$499
*rental Special!!* 5345 E Washington St Unit 11, Indpls, In 46419
5345 E Washington St Apt 11 Indianapolis, IN
Studio | Ask for Availability
Contact
House
7
$1,025
54 S Lasalle St
Indianapolis, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$1,159
School 85
338 S Arlington Ave Indianapolis, IN
1 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
13
$895
758 N Livingston Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
6
$850
3551 Wallace Ave
Indianapolis, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
21
$700 - 1,200
Stone Lake
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$950
1130 Blaine Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$695
Robson 3535-37
3535 Robson St Indianapolis, IN
1 BR | Available Now
Contact
Storage
Disability Access
1
$799
College Corner At The Park Apartments
1704 N College Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
2
$700
229-231 N Jefferson Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
7
$975
1119 N Centennial St
Indianapolis, IN
3 BR | Available Now
Contact
House
7
$895
240 S Lasalle St
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
6
$775
1921 N Tibbs Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$795
3112 N Tacoma Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
8
$1,200
1321 Blaine Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
11
$1,050
1346 Kappes St
Indianapolis, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
West Indianapolis
20
$599 - 995
708 E 11th St
Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
2
$900 - 950
Piccadilly
28 E 16th St Indianapolis, IN
1 BR | Dec. 10, 2024
Contact
Dog Friendly
Cat Friendly
Herron Morton
1
$995
Fayette 915
915 Fayette St Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
Dishwasher
Upper Canal
22
$1,034
Five Twenty Virginia
520 Virginia Ave Indianapolis, IN
Studio | Available Now
Contact
Fletcher Place
25
$1,019 - 1,039
Florence Fay School Senior Apartments
2815 English Ave Indianapolis, IN
1 - 2 BR | Nov. 28, 2024
Contact
Dog Friendly
Cat Friendly
Dishwasher
6
$895
1846 Milburn St
Indianapolis, IN
3 BR | Available Now
Contact
House
7
$895
39 N Tacoma Ave
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$775
Butler Place
5230 E Washington St Indianapolis, IN
1 BR | Jan. 10, 2025
Contact
Dog Friendly
Cat Friendly
Fitness Center
14
$700
1413 East Washington Street
Indianapolis, IN
Studio | Available Now
Contact
House
181 - 210 of 478 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 478 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 966 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 4,898 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 5,316 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