
Homes for Rent in Indianapolis, IN Under $1,200 (264 Rentals)


928 Udell St

841 S Addison St

330 N Holmes Ave

2250 N Goodlet Ave

815 N Riley Ave

453 S Keystone Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

118 N State Ave

40 S Chester Ave

1641 Asbury St

3326 Lupine Dr

3268 Baltimore Ave

576 E Fall Creek Pkwy N Dr

3715 N Meridian St

1950 Carrollton Ave

417 W 41st St

1543 W Ohio St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1823 Hoyt Ave

261 S Sheridan Ave

2866 Punto Alto Ct

136 N Belmont Ave

4725 E 16th St

951 N Kealing Ave

510 N Beville Ave

3635 N Gale St

1401 N Gladstone Ave

724 E Pleasant Run Pkwy Dr N
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

4843 N College Ave

951 N Kealing Ave

1615 Lawton Ave

1617 Lawton Ave

3809 Biscayne Rd

572 Trowbridge St

6436 Lupine Terrace

6458 Lupine Terrace

1260 King Ave

1717 N Talbott St
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.

10291 Medallion Dr

3911 Aurora St

1619 S Randolph St

1512 English Ave

3605 N Sadlier Dr

824 Harlan St

3742 Caroline Ave

4733 E 18th St

2105 E Michigan St

2935 North Delaware Street
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.

1351 S Pershing Ave

1647 N Belleview Pl
Indianapolis, IN Local Guide

How much does it cost to rent a home in Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianapolis 2 Bedroom Homes for Rent | $1,499 | $749 | $4,000 |
Indianapolis 3 Bedroom Homes for Rent | $1,856 | $950 | $5,500 |
Indianapolis 4 Bedroom Homes for Rent | $2,239 | $1,199 | $5,000 |
Indianapolis 5 Bedroom Homes for Rent | $2,899 | $1,700 | $10,000+ |
Indianapolis 6 Bedroom Homes for Rent | $2,450 | $2,400 | $2,500 |
Browse Top Homes for Rent in Indianapolis
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleIndianapolis, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1703 Apartments for Rent in Indianapolis, IN with pricing that ranges from $515 to $10,050. There are also 1824 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $310 to $10,000.
What is the current price range for Rental Homes in Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianapolis ranges from $310 to $10,000 with an average monthly rent of $1,718.
How much are larger Three and Four Bedroom Rentals in Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianapolis range from $987 to $8,087, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,199 and Four Bedroom Apartments start at $550.
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.