2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,200 (327 Rentals) Page 4 of 7

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Colonial Park
2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
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Jamestowne Apartments
2 Bedroom Apartments

Jamestowne Apartments

8917 Duxbury RdIndianapolis, IN 46226
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Peppermill Farms
2 Bedroom Apartments

Peppermill Farms

6830 Mill View DrIndianapolis, IN 46226
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16 Park Apartments
2 Bedroom Apartments

16 Park Apartments

1621 N Park AveIndianapolis, IN 46202
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Garfield Place
2 Bedroom Apartments

Garfield Place

2236 Ransdell StIndianapolis, IN 46225
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Charmwood Terrace
2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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New Bridge Apartments
2 Bedroom Apartments

New Bridge Apartments

2372 Beckwith DrIndianapolis, IN 46218
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Wexford on Bishops Pond
2 Bedroom Apartments

Wexford on Bishops Pond

6352 Buoy LnIndianapolis, IN 46268
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Red Maple Grove
2 Bedroom Apartments

Red Maple Grove

2901 E Tabor StIndianapolis, IN 46203
Showing Results 151-200, Page 4 of 7

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

  • Parks
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  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Wendy • 3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

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 Hopeside I listed at $565.

How much is the average rent for a 2 Bedroom Indianapolis Apartment?

The average rent for a 2 Bedroom Apartment in Indianapolis is $1,619.

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 $2,099 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 1,055 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.