
Homes for Rent in Indianapolis, IN Under $1,200 (264 Rentals) Page 2 of 6


1668 S Talbott St

10038 Hawkins Ct

2414 Indianapolis Ave

9507 E 39th Pl

2531 10th St

3747 E Market St
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

377 S Emerson Ave

402 N Bradley Ave

42 Jefferson Ave

102 Wallace Ave

3502 Brouse Ave

729 N Arnolda Ave

501 Madison Ave

3664 Newgate Ln

4212 E Washington St

3433 N College Ave

319 W 40th St

5221 E 10th St

424 W 41st St

5860 Newhall Dr

719 E 54th St

3933 N Kitley Ave

5541 E 40th St

2011 Applegate St

323 N Rural St

6317 Nimitz Dr

2231 N Kenyon St

2256 Admiral Dr

2258 Admiral Dr

2114 N Kitley Ave

2233 N Kenyon St

2125 N Kenyon St

2114 N Kenyon St

2115 N Kenyon St

2216 N Kitley Ave

2234 N Kenyon St

1110 W 37th St

328 W 40th St

2643 Putters Ln

3211 N Park Ave

2007 E 38th St

8445 Bluff Rd

5346 E 19th Pl

3468 N Dearborn St

943 W 34th St

7218 E 34th St

3539 Prospect St

406 N Delaware St
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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Indianapolis, IN Area Reviews
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 1873 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.