
Homes for Rent in Indianapolis, IN Under $1,200 (312 Rentals) Page 5 of 7


655 Birch Ave

125 E 17th St

2029 N College Ave

523 N Temple Ave

1951 N Bosart Ave

2346 Coyner Ave

2838 Boulevard Pl

4 N Butler Ave

410 E 16th St

6207 E 12th St, Unit 6209

37 West St Clair Street

2826 S Pennsylvania St

1640 Asbury St

403 Wallace Ave

3936 E 10th St

1432 N Colorado Ave

2320 E 36th St

2532 N Temple Ave

8056 Pebble Creek Ct

1517 N Chester Ave

2339 Valley Creek W Ln

2248 N Leland Ave

6056 E 16th St

6062 E 16th St

6054 E 16th St

6056 E 16th St

6062 E 16th St

1230 N Belmont Ave

1005 Harlan St

4648 Crestview Ave

6264 Eastridge Dr

146 E 19th St

915 N Drexel Ave

146 E 19th St

140 E 19th St

915 N Drexel Ave

1518 Howard St

3844 E Pleasant Run Parkway North Dr

2530 N Temple Ave

3302 N Chester Ave

3710 Ruskin Pl, Unit Private Room

Spacious 2BR/1BA located on the west side of Indy close to downtown

2369 N Goodlet 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 | $1,414 | $745 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,797 | $900 | $3,985 |
| Indianapolis 4 Bedroom Homes for Rent | $2,197 | $1,095 | $5,500 |
| Indianapolis 5 Bedroom Homes for Rent | $2,850 | $1,550 | $8,950 |
| Indianapolis 6 Bedroom Homes for Rent | $3,195 | $2,150 | $6,000 |
Browse Top Homes for Rent in Indianapolis
Explore Indianapolis
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 1718 Apartments for Rent in Indianapolis, IN with pricing that ranges from $563 to $22,274. There are also 1949 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $275 to $8,950.
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 $275 to $8,950 with an average monthly rent of $1,800.
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 $925 to $10,855, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,985. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $600.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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





