
Homes for Rent in Indianapolis, IN Under $1,200 (270 Rentals)


3409 N Capitol Ave

2421 N Oxford St

4842 Hillside Ave

3719 Celtic Dr

4131 Mellis Dr

1717 N Talbott St

753 N Arnolda Ave

5109 W Raymond St
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.

928 Udell St

2288 N Moreland Ave

1645 Asbury St

576 E Fall Creek Pkwy N Dr

3066 N Tacoma Ave

3414 N Butler Ave

3715 N Meridian 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.

2866 Punto Alto Ct

417 W 41st St

5326 N College Ave

7201 N Ralston Ave

5850 Primrose Ave

3901 Chateau Dr

5159 E 16th St
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.

734 E Morris St

2107 E Michigan St

323 W 40th St

951 N Kealing Ave

951 N Kealing Ave

4539 Crittenden Ave

3918 N Bolton Ave

1135 S Richland St

3449 Boulevard Pl

10291 Medallion Dr

254 N Reisner St

1630 Iowa 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.

3203 S Holt Rd

3343 Arthington Blvd

3841 E 31st St

4217 E 11th St

3639 W 12th St

3539 Prospect St

506 Woodruff Place Middle Dr, Unit 506.

501 Madison Ave

1512 English Ave

824 Harlan St
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.

2222 Groff Ave
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 | $1,460 | $725 | $4,700 |
Indianapolis 3 Bedroom Homes for Rent | $1,886 | $900 | $4,000 |
Indianapolis 4 Bedroom Homes for Rent | $2,293 | $1,250 | $5,800 |
Indianapolis 5 Bedroom Homes for Rent | $3,376 | $1,700 | $10,000+ |
Indianapolis 6 Bedroom Homes for Rent | $4,648 | $2,445 | $6,995 |
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 1665 Apartments for Rent in Indianapolis, IN with pricing that ranges from $550 to $11,089. There are also 1850 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $330 to $12,900.
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 $330 to $12,900 with an average monthly rent of $2,254.
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 $1,015 to $11,089, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,250 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.

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.