
Short Term Lease Apartments for Rent in Indianapolis, IN Under $1,200 (123 Rentals) Page 2 of 3
Rental terms in Indianapolis as short as a month! Perfect when you can't commit to a full year of renting.


A62 Apartments

Scandia Apartments

Cross Creek Apartments

Fox Club

Meridian Lakes

Capital Place

The Life at Harrison Trails

Riverbend Apartments

Timber Point Apartments
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.

Woodhaven Park

Reflections Apartments

Spinnaker Court

Sherbrook

Meridian Court South

Annhurst

Spanish Oaks

Heathmoore - Indianapolis

Elmtree Park

Cambridge Commons
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Stonehenge

Marabou Mills

Rosewood Commons

The Meridian North and South

Olivewood

Meridian Towers

Vivio on Tenth

Furnished Studio-Indianapolis - West

The Residences on 56th Street

Furnished Studio-Indianapolis - Lawrence
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

Live in Style at Bellagio East Living I

The Jeffersonian Apartments Of Indianapolis

The Reserve at William's Glen

Woodland Springs Apartment Homes
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 | $1,180 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,369 | $649 | $4,688 |
| Indianapolis 2 Bedroom Apartments | $1,643 | $563 | $9,476 |
| Indianapolis 3 Bedroom Apartments | $2,039 | $925 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,666 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,946 | $9,946 | $9,946 |
Explore Indianapolis
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
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Short-term Indianapolis Apartments
What is the Cheapest Short-term apartment in Indianapolis?
Currently the most affordable Short-term Apartment in Indianapolis is at Vivio on Tenth listed at $600.
How much is the average rent for a Short-term Indianapolis Apartment?
The average rent for a Short-term Apartment in Indianapolis is $1,934.
What is the largest Short-term Indianapolis Apartment for rent?
Today's Short-term apartment with the most square footage in Indianapolis is a 4,294 square feet unit starting from $9,984 at 1123 Olive St.
What is the average size for Indianapolis Short-term Apartments for rent?
The average size for a Short-term rental in Indianapolis is currently at 771 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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!















