
Gated Apartments for Rent in Indianapolis, IN Under $1,200 (78 Rentals)


333 Penn Apartments

Riverview

Vanguard at 16 Tech

Summerwood on Towne Line Apartments

Solana Apartments

Sundance Apartments

Center Point

The Delaware Apartments

Stadium Lofts & Flats
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Total Monthly Price
Ralston Apartments

Buckingham & Balmoral

Heritage Apartments

Proctor Place

Northampton Village Apartments

Maxwell Apartments

Forte Apartments

The Residence at White River Apartments

Fox Club

Artistry Indy
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Edison at Meridian Hills

Canal Square

Wesley Place

Lofts on Madison

Pier 39 Apartments & Townhomes

Riley Towers

Wyndham Hall

Waterside at Castleton

Ashton Brook

Edge 35
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Westpark Townhomes

Aura Apartments

The Towers at Crooked Creek Senior Housing

Chateau in the Woods

The Lodge at Trails Edge

El Dorado

Castleton Manor Apartments

College Manor

Spruce Manor Apartments

The Avenue
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Circle City

Deercross

The Life at Belhaven Place

River West Flats

Benjamin Court

Emerson Village

CityView on Meridian

Total Monthly Price
9 On Canal

The Life at Creekside Reserve

Utomin Apartments
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
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 | $1,208 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $497 | $4,173 |
| Indianapolis 2 Bedroom Apartments | $1,663 | $515 | $7,760 |
| Indianapolis 3 Bedroom Apartments | $2,001 | $626 | $9,199 |
| Indianapolis 4 Bedroom Apartments | $2,297 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $8,942 | $1,300 | $10,000+ |
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Indianapolis, IN Local Guide
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianapolis, IN Rentals by Map
See the most popular apartments and homes in Indianapolis, IN
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Gated Indianapolis Apartments
What is the Cheapest Gated apartment in Indianapolis?
Currently the most affordable Gated Apartment in Indianapolis is at Line Lofts listed at $515.
How much is the average rent for a Gated Indianapolis Apartment?
The average rent for a Gated Apartment in Indianapolis is $1,722.
What is the largest Gated Indianapolis Apartment for rent?
Today's Gated apartment with the most square footage in Indianapolis is a 3,058 square feet unit starting from $1,186 at Solana Apartments.
What is the average size for Indianapolis Gated Apartments for rent?
The average size for a Gated rental in Indianapolis is currently at 640 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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.