
2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,200 (358 Rentals) Page 6 of 8


Maison Gardens Apartments

Canterbury House Apartments - Franklin Road

Emerson Place

Eagledale Senior Apartments

Trenton House Apartments

Live in Style at Bellagio East Living I: Convenient and Vibrant Community in Indianapolis

Admiral

Lafayette Landing at Kessler

7 Pointe Apartments

Lawrence Landing

Stonegate Apartments

Hubbard Gardens

Villa Del Sol Apartments

Pickwick Farms Apartments

Peppermill Farms

Postbrook East Apartments

Hopeside I

Parkside At Tarkington

Stetson Senior Apartments

Compton Court Apartments

Creekside Square Phase II

Grand Oaks

The Haciendas

Chelsea Manor

The Reserve at White River

Georgetown Woods Senior Apartments

The Rotherwood Apartments

Marabou Mills

Estates of Creekside Apartments

Lawrence Glen

Foxhill Manor Cooperative

Windsor Court

Stone Lake

East Village at Avondale Meadows Apartments

Ashton Park

Northwoods Apartments

550 Fletcher Ave

Brookhaven at County Line Senior Apartments

South & Madison

Park Place Apartments

Fountain Lake Villas

The George Apartment Homes

Carlyle Court

Minnie Hartman

Aragon Woods

Sebring Court

Lake Camelot Apartments

Oakbrook Village

Chapel Hill Apartments
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 | $1,221 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,373 | $497 | $4,234 |
| Indianapolis 2 Bedroom Apartments | $1,657 | $515 | $8,085 |
| Indianapolis 3 Bedroom Apartments | $2,004 | $626 | $9,351 |
| Indianapolis 4 Bedroom Apartments | $2,181 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $8,898 | $1,300 | $10,000+ |
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One 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 The Villages at Mill Crossing listed at $545.
How much is the average rent for a 2 Bedroom Indianapolis Apartment?
The average rent for a 2 Bedroom Apartment in Indianapolis is $1,657.
What is the largest available 2 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 1,829 square feet unit starting from $3,674 at Axis.
What is the average size for Indianapolis 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Indianapolis is currently 1,057 sq ft.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.