Apartments for Rent in Indianapolis, IN under $1200
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1 bd $1,0892 bd $1,069+Base rent4.0 (13)4724 Round Lake Rd, Indianapolis, IN 46205Apply online • Pet friendly • Fitness center
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1 bd $934+2 bd $1,094+Base rent6875 Faris Avenue, Indianapolis, IN 46226Apply online • Pet friendly • Fitness center
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1 bd $9002 bd $975+Base rent4.0 (5)8020 Madison Avenue, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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1 bd $8502 bd $1,050Base rent Income restricted4.0 (12)139 Thompson Way, Indianapolis, IN 46227Apply online • Pet friendly • Parking
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1 bd $949+2 bd $1,027+Base rent4.5 (13)6630 Glenbrook Drive, Indianapolis, IN 46220Apply online • Pet friendly • Fitness center
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1 bd $950+2 bd $1,150Base rent3.5 (17)4656 Edwardian Circle, Indianapolis, IN 46254Apply online • Pet friendly • Parking
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1 bd $999+Total monthly cost3.0 (1)3801 N. Meridian St, Indianapolis, IN 46208Apply online • Pet friendly • Parking
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1 bd $979+Base rent4.5 (18)42 Lawndale Avenue, Indianapolis, IN 46224Apply online • Pet friendly • Pool
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1 bd $980Base rent4.5 (4)7266 Lockwood Lane, Indianapolis, IN 46217Apply online • Pet friendly • Parking
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Studio $1,111+Base rent4.0 (77)718 E Georgia Street, Indianapolis, IN 46202Apply online • Pet friendly • Parking
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1 bd $1,138+Base rent5.0 (9)9250 Evergreen Avenue, Indianapolis, IN 46240Apply online • Pet friendly • Parking
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1 bd $1,0892 bd $1,069+Base rent4.0 (13)4724 Round Lake Rd, Indianapolis, IN 46205Apply online • Pet friendly • Fitness center
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1 bd $939+Base rent4949 Bobwhite Lane, Indianapolis, IN 46254Apply online • Pet friendly • Parking
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1 bd $830+2 bd $1,190+Base rent3.5 (9)3685 St Thomas Blvd, Indianapolis, IN 46214Apply online • Pet friendly • Fitness center
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1 bd $910+2 bd $1,020+Base rent3.5 (29)3640 Beluga Ln, Indianapolis, IN 46214Apply online • Pet friendly • Fitness center
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Studio $715+1 bd $755+2 bd $975+Base rent6000 Westlake Drive, Indianapolis, IN 46224Apply online • Pet friendly • Parking
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1 bd $934+2 bd $1,094+Base rent6875 Faris Avenue, Indianapolis, IN 46226Apply online • Pet friendly • Fitness center
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Studio $1,153+Total monthly cost4.5 (3)1224 Prospect Street, Indianapolis, IN 46203Apply online • Pet friendly • Fitness center
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1 bd $919+Total monthly cost4.0 (10)6612 Eagle Pointe Drive North, Indianapolis, IN 46254Apply online • Pet friendly • Fitness center
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1 bd $762+2 bd $952+Base rent5301 Turtle Creek Drive South, Indianapolis, IN 46227Apply online • Pet friendly • Fitness center
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1 bd $9952 bd $1,155+Base rent1301 Whitcomb Avenue, Indianapolis, IN 46224Apply online • Pet friendly • Parking
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1 bd $9002 bd $975+Base rent4.0 (5)8020 Madison Avenue, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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Studio $918+1 bd $887+2 bd $1,184+Total monthly cost4.0 (15)7007 Courthouse Dr, Indianapolis, IN 46226Apply online • Pet friendly
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1 bd $929+2 bd $1,111+Base rent5.0 (1)7676 Horsetail Dr, Indianapolis, IN 46260Apply online • Pet friendly • Parking
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1 bd $1,009+Base rent3.5 (5)1854 Century Way, Indianapolis, IN 46260Apply online • Pet friendly • Fitness center
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Frequently asked questions
When were prices and availability in Indianapolis, IN last updated?
Prices and availability in Indianapolis, IN were last updated on 3 Aug 2026.
What are the best apartments in Indianapolis, IN?
The best apartments in Indianapolis, IN are: 7 Pointe Apartments, Lawrence Landing, The Sterling, Thompson Village Apartments and Summit at Keystone.
What type of rental buildings are in Indianapolis, IN?
In Indianapolis, 44% of the residents are renting compared to 56% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Indianapolis's rentals, 62% are small-scale complexes with under 50 units, and 25% are single-family rentals.
Search for apartments in Indianapolis, IN under $1,200
There’s more than one way to spend $1,200 on rent in Indianapolis, 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 Indianapolis, 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 168 apartments for rent below $1,200 in Indianapolis, IN for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.