
Homes for Rent in Indianapolis, IN Under $1,200 (264 Rentals) Page 5 of 6


2510 Brookside Pkwy N Dr

5959 E 24th St

2718 Shelby St

3822-3824 Aloda St

3302 N Chester Ave

2620 Brookway St

39 N Forest Ave

1611 S Randolph St

423 Villa Ave

6005 Dickson Rd

1948 Shelby St

2163 Admiral Dr

419 N Beville Ave

471 N State Ave

528-530 N Chester Ave

6228 East 21st St

1427-1429 N Gladstone Ave

6226 East 21st St

1910 Southeastern Ave

1912 Southeastern Ave

3920 E Michigan St

2831 N Kenwood Ave

263 S Chester Ave

1058 N Traub Ave

340 Prospect St

524 W 23rd St

854 N Bradley Ave

2826 S Pennsylvania St

1346 S Sheffield Ave

856 N Bradley Ave

1721 Laurel St

1944 Shelby St

4943 Indianola Ave

2340 Calhoun St

2338 Calhoun St

3725 N Sherman Dr

31 S Lasalle St

6134 Hillside Ave

1129 N Rural St

1131 N Rural St

1106 N Gale St

2215 E 56th St

890 N Gladstone Ave

4 E Washington St

3121 E Michigan St

2932 N Dearborn St

2930 N Dearborn St

6052 E Washington 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 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.