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Studio to 4 Bedroom Apartments
632 MLK Apartments
632 Dr Martin Luther King Jr StIndianapolis, IN 46202
Top Rated Apartments for Rent in Indianapolis, IN Under $1,200 (81 Rentals) Page 2 of 2
Apartments in Indianapolis with the best features, newest construction, and richest amenities.
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1 to 2 Bedroom Apartments
Brookhaven at County Line Senior Apartments
940 Wild Indigo LnIndianapolis, IN 46227
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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
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Rent Specials
$1,199 - $2,829Studio to 3 Bedroom Apartments Available Now
Hobbs Station
2870 Pearsons PkyPlainfield, IN 46168
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$1,1982 Bedroom Apartments Available Now
Sugar Creek Apartments
4291-4298 Eclipse WayNew Palestine, IN 46163
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$1,188 - $3,0021 to 3 Bedroom Apartments Available Now
Bella Vista Apartments
10732 Bella Vista DrFishers, IN 46038
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$1,179 - $2,071Studio to 2 Bedroom Apartments Available Now
The Madison at Greenwood
523 S Madison AveGreenwood, IN 46142
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Rent Specials
$1,178 - $3,3931 to 3 Bedroom Apartments Available Now
Providence at Old Meridian
300 Providence BlvdCarmel, IN 46032
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$1,145 - $1,2271 to 2 Bedroom Apartments Available Now
The Brixton
4929 Red Robin DrBeech Grove, IN 46107
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$1,135 - $1,6801 to 3 Bedroom Apartments Available Now
Brownsburg Crossing
1122 Windhaven CirBrownsburg, IN 46112
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$1,120 - $1,7151 to 3 Bedroom Apartments Available Now
Washington Village Apartments
4211 W Potomac DrGreenfield, IN 46140
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$1,107 - $2,207Studio to 2 Bedroom Apartments Available Now
Flats at Switch
9 Municipal DrFishers, IN 46038
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Rent Specials
$1,009 - $1,3841 to 2 Bedroom Apartments Available Now
Courts of Valle Vista
714 Connors DrGreenwood, IN 46143
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$999 - $1,2281 to 3 Bedroom Apartments Contact Us For Availability
Pinebrook Apartments
1625 Pinecone Ln EGreenwood, IN 46142
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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 | $1,257 | $595 | $6,410 |
| Indianapolis 1 Bedroom Apartments | $1,390 | $597 | $5,280 |
| Indianapolis 2 Bedroom Apartments | $1,658 | $695 | $5,803 |
| Indianapolis 3 Bedroom Apartments | $2,051 | $1,015 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,558 | $550 | $4,438 |
| Indianapolis 5 Bedroom Apartments | $4,323 | $1,050 | $8,350 |
Explore Indianapolis
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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
Do you know the Indianapolis area?
Let everyone know!
Write a ReviewWendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 253 Studio Apartments in Indianapolis with rent ranges from $520 to $6,410 with an average price of $2,039.
What is the current price range for One Bedroom Indianapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Indianapolis ranges from $597 to $5,280 with an average monthly rent of $1,390.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $695 to $5,803. Today's average rental price for Two Bedrooms here is $1,658.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 440 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,015 to $11,089 - averaging $2,051 for the location.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.