
Apartments for Rent with Specials in Indianapolis, IN Under $1,200 (143 Rentals)
Apartments in Indianapolis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Hanna Village

Lakeshore Apartments

Riverview

Sundance Apartments

Broad Ripple Flats

Plaza at Central Greens

TGM Avalon Lake

The Meadows

Stone Ridge Flats and Townhomes
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Estates at Crystal Bay

Total Monthly Price
ReNew at the Crossing

Park at Eagle Creek

Total Monthly Price
Indy 7925

Berkley Commons

Waterfront Pointe

The Assembly

Veridian Castleton

The Residence at White River Apartments

Loch Haven
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.

River House

Vetra 5480

Paragon Park

Pier 39 Apartments & Townhomes

Lakeside Crossing at Eagle Creek Apartments and Townhomes

800 Capitol

Ralston Apartments

Crosswinds

Wyndham Hall

Glen Ridge Manor Townhomes and Flats (Indy Town)
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.

Lakeshore Reserve Off 86th Apartments and Townhomes

Oak Park

Woods of Castleton

Abney Lake

Oak Lake at Crooked Creek

Country Lake Estates

The Lenox Apartment Homes

Aura Apartments

The Towers at Crooked Creek Senior Housing

Edge 35
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Manning Apartment Homes

522 Fletcher Ave

Line Lofts

The Cedars Apartment Homes

The Lodge at Trails Edge

The Grove on Harcourt

Eagle’s Edge

TGM Shadeland Station

Castleton Manor Apartments

1010 Central
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 | $1,200 | $495 | $5,104 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,659 | $545 | $8,473 |
| Indianapolis 3 Bedroom Apartments | $2,010 | $626 | $7,085 |
| Indianapolis 4 Bedroom Apartments | $2,273 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,836 | $6,074 | $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
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Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Rent Specials Indianapolis Apartments
What is the Cheapest Rent Specials apartment in Indianapolis?
Currently the most affordable Rent Specials Apartment in Indianapolis is at Vivio on Tenth listed at $600.
How much is the average rent for a Rent Specials Indianapolis Apartment?
The average rent for a Rent Specials Apartment in Indianapolis is $1,542.
What is the largest Rent Specials Indianapolis Apartment for rent?
Today's Rent Specials apartment with the most square footage in Indianapolis is a 2,675 square feet unit starting from $1,695 at Slate at Fishers District.
What is the average size for Indianapolis Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Indianapolis is currently at 666 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.