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Apartments for Rent in Franklin, IN under $1200


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  • 1 bd $892
    Base rent
    1485 Franklin Pl Cr, Franklin, IN 46131
    Pet friendly • Parking • Fitness center
  • Rent specials
    Ask for pricing
    Verified Listing

    Meadowood

    820 Hospital Rd, Franklin, IN 46131
    Pet friendly • Dishwasher • Patio/Balcony
  • Rewards
    Ask for pricing
    Income restricted
    Verified Listing

    Northwood Of Franklin

    2018 Cedar Lane, Franklin, IN 46131
    Pet friendly • Parking • Patio/Balcony
  • More Rentals Near Franklin, IN

  • 1 bd $900
    2 bd $1,075+
    Base rent
    Verified Listing

    The Sterling

    4.0 (5)
    8020 Madison Avenue, Indianapolis, IN 46227
    Apply online • Pet friendly • Patio/Balcony
  • 6 units available
    1 bd $1,025
    Base rent
    Verified Listing

    Clarksville Lofts

    4423 Highway 31 E., Clarksville, IN 47129
    Apply online • Pet friendly • Pool
  • 1 bd $1,157+
    Base rent
    4.5 (55)
    1630 Saddle Lane, Greenwood, IN 46143
    Apply online • Pet friendly • Fitness center
  • 1 bd $1,177+
    Base rent
    4.0 (35)
    700 Bexley Pl, Greenwood, IN 46143
    Apply online • Pet friendly • Parking
  • Rewards Only 3 units left
    1 bd $1,118+
    Base rent
    Verified Listing

    Ashmore Trace

    4.5 (19)
    902 Wallington Circle, Greenwood, IN 46143
    Apply online • Pet friendly • Parking
  • 2 bd $1,163+
    Base rent
    Verified Listing

    Sandstone Apartments

    4.5 (113)
    1039 Paz Drive North, Greenwood, IN 46142
    Apply online • Pet friendly • Fitness center
  • Studio $862+
    1 bd $942+
    2 bd $1,048+
    Base rent
    Verified Listing

    Polo Run Apartments

    4.5 (32)
    800 Kings Mill Road, Greenwood, IN 46142
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $849+
    2 bd $1,079
    Base rent
    Verified Listing

    Sherbrook

    8026 Mcfarland Court, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher
  • 1 bd $949
    2 bd $1,049+
    3 bd $1,149+
    Base rent
    Verified Listing

    Berkley Commons

    5.0 (2)
    8213 Zona Drive, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher
  • 1 bd $768+
    2 bd $1,050+
    Base rent
    Verified Listing

    Windsor Court

    3.5 (13)
    7302 Queen Anne Court, Indianapolis, IN 46227
    Apply online • Pet friendly • Parking
  • 1 bd $538+
    2 bd $643+
    Base rent Income restricted
    Verified Listing

    Hendricks Pointe Apts

    4.5 (14)
    415 W. Taylor Street, Shelbyville, IN 46176
    Pet friendly • Fitness center • In unit laundry
  • Rent specials
    Studio $849+
    1 bd $929
    2 bd $1,059
    Base rent
    Verified Listing

    Cherry Glen

    2760 Cherry Glen Way, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher
  • Rent specials
    Studio $809+
    1 bd $979+
    Base rent
    Verified Listing

    Spicewood

    3714 Bartlett Ave, Indianapolis, IN 46227
    Apply online • Pet friendly • Dishwasher
  • 2 bd $1,065+
    Base rent
    Verified Listing

    Horizons Apartments

    4955 Red Horizon Blvd, Indianapolis, IN 46221
    Apply online • Pet friendly • Dishwasher
  • Rewards 13 units available
    1 bd $1,058+
    Base rent Income restricted
    Verified Listing

    Mann Village Apartments

    4.0 (20)
    4010 Mann Village Rd, Indianapolis, IN 46221
    Apply online • Pet friendly • Dishwasher
  • Studio $889
    1 bd $979+
    Base rent
    Verified Listing

    Applegate

    2230 Applegate Dr., Columbus, IN 47203
    Apply online • Pet friendly • Dishwasher
  • Rewards 5 units available
    1 bd $1,056+
    2 bd $1,155+
    Base rent Income restricted
    Verified Listing

    Briarwood Of Columbus

    4.5 (6)
    2350 Thornybrook Drive, Columbus, IN 47203
    Apply online • Pet friendly • Parking
  • Rent specials
    Studio $819+
    1 bd $970
    Base rent
    Verified Listing

    Stonehenge

    7980 Dunston Drive, Indianapolis, IN 46239
    Apply online • Pet friendly • Dishwasher
  • Rent specials Only 2 units left
    Studio $1,156+
    Base rent
    Verified Listing

    Edge 35

    4.5 (3)
    1224 Prospect Street, Indianapolis, IN 46203
    Apply online • Pet friendly • Fitness center
  • 3-19-city



Frequently asked questions

When were prices and availability in Franklin, IN last updated?

Prices and availability in Franklin, IN were last updated on 11 Nov 2026.

What are the best apartments in Franklin, IN?
What type of rental buildings are in Franklin, IN?

In Franklin, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Franklin's rentals, 48% are small-scale complexes with under 50 units, and 42% are single-family rentals.

Search for apartments in Franklin, IN under $1,200

There’s more than one way to spend $1,200 on rent in Franklin, IN, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,200 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $1,200 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Franklin, IN. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 22 apartments for rent below $1,200 in Franklin, IN for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.