
1 Bedroom Apartments for Rent in Indianapolis, IN Under $1,200 (508 Rentals) Page 2 of 11


Estates of Creekside Apartments

Mariners Village

River Road Apartments

Idlewood Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Canal Square

Stadium Lofts & Flats

Meridian Lakes

Keeneland Crest Apartments

Garfield Park Village

The Manning Apartment Homes

Park at Eagle Creek

TGM Avalon Lake

Lawrence Landing
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Madison Lofts

Broad Ripple Trails

Eagle’s Edge

Harrison Point Apartments

Reflections Apartments

Shore Acres

The 85Twenty

Woods at Oak Crossing

Estates at Crystal Bay

River Crossing

English Village

The Woods of Eagle Creek

River West Flats

Apartments @ Marten Court

Ralston Apartments

Fox Club

The Elliott at College Park Apartment Homes

Latitudes Apartments

Waterfront Terrace

Teal Run Apartments

Fountainview Apartments

Capital Place

Sawmill Apartments

The Lodge at Trails Edge

Lakeshore Reserve Off 86th Apartments and Townhomes

Timber Point Apartments

Parkside at Castleton Square Apartments and Townhomes

The Villages of Bent Tree Apartments

The George Apartment Homes
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis Studio Apartments | $1,217 | $515 | $5,274 |
Indianapolis 1 Bedroom Apartments | $1,348 | $597 | $4,292 |
Indianapolis 2 Bedroom Apartments | $1,619 | $563 | $5,706 |
Indianapolis 3 Bedroom Apartments | $1,991 | $801 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,662 | $550 | $6,626 |
Indianapolis 5 Bedroom Apartments | $5,129 | $2,750 | $9,067 |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about 1 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 1 Bedroom?
Currently the most affordable 1 Bedroom in Indianapolis is at Meridian Towers listed at $699.
How much is the average rent for a 1 Bedroom Indianapolis Apartment?
The average rent for a 1 Bedroom Apartment in Indianapolis is $1,348.
What is the largest available 1 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,200 square feet unit starting from $1,999 at Pinnacle on Meridian.
What is the average size for Indianapolis 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Indianapolis is currently 920 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.