
Apartments for Rent in Indianapolis, IN Under $1,200 (579 Rentals) Page 4 of 12


Ninth Avenue Apartments

Maryden on Central

Olivewood

Christian Place Apartments

Grove on 79th

Parkhaven Apartments

The George Apartment Homes

Aura Apartments

Freeman Apartments

Pine Glen

Parc Bordeaux Apartments

Slate Run Lofts and Apartments

Meridian Lakes

Lawrence Landing

Minnie Hartmann Center

Strawbridge Green

Carriage House East

Fountainview Apartments

Horizons Apartments

Sherman Village

Wildwood Village Apartments

Apartments @ Marten Court

Emerson Village

Brockton Apartments & Townhomes

Fishermans Village

The Woods of Eagle Creek

Garden Pointe Apartments

Fox Club

Circle City Apartments

Parkside at Castleton Square Apartments and Townhomes

Pickwick Farms Apartments

Priscilla on Pennsylvania

Jade North Apartments

Timber Point Apartments

4901 N Washington Blvd

English Village

Vistas Apartments

Lake Marina Apartments

Welcome to Dawson Village – Welcome Home!

Greentree Apartments

Lake Castleton

Cross Creek Apartments

2945 Schofield Ave, Unit 2945

Reflections Apartments

River Road 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 | $1,271 | $595 | $8,251 |
Indianapolis 1 Bedroom Apartments Under $1200 | $1,388 | $600 | $4,471 |
Indianapolis 2 Bedroom Apartments Under $1200 | $1,662 | $700 | $5,706 |
Indianapolis 3 Bedroom Apartments Under $1200 | $2,050 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments Under $1200 | $1,535 | $550 | $4,412 |
Indianapolis 5 Bedroom Apartments | $4,310 | $1,050 | $8,310 |
Browse Top Apartments in Indianapolis
See all Apartments in IndianapolisExplore 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 Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 255 Studio Apartments in Indianapolis with rent ranges from $595 to $8,251 with an average price of $1,271.
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 $600 to $4,471 with an average monthly rent of $1,388.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $700 to $5,706. Today's average rental price for Two Bedrooms here is $1,662.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 443 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,015 to $11,134 - averaging $2,050 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.