
2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,200 (300 Rentals)


TGM Shadeland Station

Brookwood Apartments

Kingston Square Apartments

TGM Autumn Woods

Vivio on Tenth

Serenity Park Apartments

The Meridian North and South

Madison Lofts

The Sycamores

Woods of Castleton

Fallwood

Scandia Apartments

Idlewood Apartments

The Park at Greenhill

10 West Apartments

The Life at Creekside Reserve

The Eclipse

Harrison Point Apartments

Grove on Harcourt

Eagle’s Edge

Meridian Lakes

The Boardwalk at Westlake Apartments and Townhomes

River Road Apartments

Indy Town Apartments

Paragon Park

One Somerset Apartments

Woods at Oak Crossing

Spinnaker Court Apartments

Apartments @ Marten Court

Heritage Apartments

The Avenue

Capital Place

The George Apartment Homes

Avery Point Apartments

Pine Glen

Williamsburg North

The Maywood at Speedway
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 | $1,256 | $585 | $5,283 |
Indianapolis 1 Bedroom Apartments | $1,426 | $597 | $5,005 |
Indianapolis 2 Bedroom Apartments | $1,703 | $700 | $8,199 |
Indianapolis 3 Bedroom Apartments | $2,082 | $798 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,715 | $550 | $5,224 |
Explore Indianapolis

Indianapolis, IN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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.
Frequently Asked Questions about 2 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 2 Bedroom?
Currently the most affordable 2 Bedroom in Indianapolis is at The Aerie on 11th Street listed at $700.
How much is the average rent for a 2 Bedroom Indianapolis Apartment?
The average rent for a 2 Bedroom Apartment in Indianapolis is $1,703.
What is the largest available 2 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,200 square feet unit starting from $2,299 at Pinnacle on Meridian.
What is the average size for Indianapolis 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Indianapolis is currently 1,056 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.