
Apartments for Rent in Indianapolis, IN Under $1,200 (728 Rentals) Page 13 of 15


Garfield Place

The Harrison

Red Maple Grove

Garfield Terrace Apartments

Cavalier Court

Remington on Rockville

Sunstone at Arlington Woods

Central State Mansion

3825 N Whittier Pl

Mayfield Green Cooperative

Historic Audubon Court

Hopeside I

College Crossing

PICCADILLY

The Historic Bauer

Pinewood Village Apartments

Cloverleaf Apartments & Townhomes

Whispering Pines

Windsor

The Jordan

Barbee

Three Fountains East

Butler Place

VILLAGE AT FALL CREEK

727 Fairfield Ave

Parkside Living Apartments

Hampshire Court

Marblehead

Three Fountains West Cooperative

Lakes at Crossbridge

Volrath

The Villages at Mill Crossing

THE COURTS OF MONON

Emerson Place

Arlington Terrace Apartments

Parkside At Tarkington

Brownstone Apartments

Charmwood Terrace

Koehne Commons Apartments

Stonekey Apartments

Crown Point Apartments

Fisher Apartments

Addison Creek

SUITES OF IRVINGTON

Canterbury House Apartments - Franklin Road

Shore Acres

Dublin Glen Apartments

Grace Lane Apartments

Total Monthly Price
4259 Eclipse Way, Unit Sugar creek 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 Under $1200 | $1,213 | $556 | $6,128 |
| Indianapolis 1 Bedroom Apartments Under $1200 | $1,383 | $543 | $3,711 |
| Indianapolis 2 Bedroom Apartments Under $1200 | $1,661 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments Under $1200 | $1,997 | $799 | $8,628 |
| Indianapolis 4 Bedroom Apartments Under $1200 | $2,406 | $600 | $8,291 |
| Indianapolis 5 Bedroom Apartments | $6,078 | $2,800 | $10,000+ |
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Wendy • 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 523 Studio Apartments in Indianapolis with rent ranges from $556 to $6,128 with an average price of $1,213.
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 $543 to $3,711 with an average monthly rent of $1,383.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $650 to $20,586. Today's average rental price for Two Bedrooms here is $1,661.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 542 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $8,628 - averaging $1,997 for the location.
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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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.

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Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.