
Apartments for Rent in Indianapolis, IN Under $1,200 (657 Rentals) Page 7 of 14


1543 E Ohio St

306-306 E 19th St

7387 E 54th St

2111-2113 Fairfax Rd

3309 Mars Hill St

3331 Manor Ct

1501 S Meridian St

1301 N Olney St

1505 N Tuxedo St

919 N Broadway St

The Residences on 56th Street

3729-3729 N Kenwood Ave

1005 Sanders St

6154 Commodore Dr

1247 W Lee St

1468 W 32nd St

1052-1052 N Warman Ave

9030 S Eldorado Dr

7988 N Michigan Rd

2218 N Edmondson Ave

1920 E Washington St

235 N Oakland Ave

1472 W 32nd St

4012 Mann Rd

2041 Adams St

1138 36th St

1701 Fletcher Ave

1133 N Olney St

4912 E Washington St

1344 S Sheffield Ave

136 W 37th St

3501 Clifton St

3534 E Fall Creek Pkwy N Dr

5959 E 24th St

409 N Gray St

3106 English Ave

1752-1752 N Rural St

1442 W Congress Ave
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 | $1,197 | $515 | $5,271 |
Indianapolis 1 Bedroom Apartments Under $1200 | $1,377 | $597 | $4,187 |
Indianapolis 2 Bedroom Apartments Under $1200 | $1,663 | $563 | $5,706 |
Indianapolis 3 Bedroom Apartments Under $1200 | $2,036 | $1,012 | $8,087 |
Indianapolis 4 Bedroom Apartments Under $1200 | $1,749 | $550 | $5,988 |
Indianapolis 5 Bedroom Apartments | $5,579 | $2,695 | $8,810 |
Browse Top Apartments in 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
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 532 Studio Apartments in Indianapolis with rent ranges from $515 to $5,271 with an average price of $1,197.
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 $4,187 with an average monthly rent of $1,377.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $563 to $5,706. Today's average rental price for Two Bedrooms here is $1,663.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 492 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,012 to $8,087 - averaging $2,036 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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.