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Apartments under $1,200 for Rent in Indianapolis, IN

4,496 Rentals
.
  1. Building Photo - 9 On Canal
    $300 Off
    Price Drop. $300 Off
    STUDIO
    $910+
    1 BED
    $1,115+
    Total Monthly Price Total Monthly Price New
    Base Rent$895 - $1,700
    Required Monthly Fees$15
    Total Monthly Price$910 - $1,715

    9 On Canal

    335 W 9th St, Indianapolis, IN 46202
    (463) 209-7169
  5. $111 Off
    Price Drop. $111 Off
    |
    STUDIO
    $870+
    1 BED
    $940+
    2 BEDS
    $1,160+

    Meridian Lakes

    7344 Meridian Hills Ct, Indianapolis, IN 46260
    (463) 229-6278
  7. $166 Off
    Price Drop. $166 Off
    |
    1 BED
    $1,049+
    2 BEDS
    $1,145+

    Creek Bay

    6650 Creek Bay Dr, Indianapolis, IN 46217
    (317) 978-6207
  11. Good Value
    1 BED
    $1,090+
    2 BEDS
    $1,079+

    Fallwood

    5200 E Fall Creek Parkway North Dr, Indianapolis, IN 46220
    (463) 240-1239
  38. Discounts
    Discounts
    1 BED
    $1,093
    Total Monthly Price Total Monthly Price New
    Base Rent$1,043 - $1,215
    Required Monthly Fees$50
    Utilities & EssentialsVaries
    Total Monthly Price$1,093 - $1,265

    Indy 7925

    7925 Palawan Dr, Indianapolis, IN 46239
    (463) 465-5575
  41. Discounts
    Discounts
    1 BED
    $1,223
    Total Monthly Price Total Monthly Price New
    Base Rent$1,173 - $1,198
    Required Monthly Fees$50
    Utilities & EssentialsVaries
    Total Monthly Price$1,223 - $1,248

    The 85Twenty

    8520 Sierra Ridge Dr, Indianapolis, IN 46239
    (463) 300-6033
Showing 42 of 623 results, Page 2 of 15

Living & Renting in Indianapolis

Indianapolis at a Glance

Average Rent

$1,121
(All bedrooms and property types)
Learn more about
Average Rent in Indianapolis
8

School Rating

out of 10 Rating
Learn more about
Schools in Indianapolis

Renting in Indianapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Education

GreatSchools Rating
Franklin Central High School

Public High School

Public
Grades 9-12
3,319 Students
GreatSchools Rating
Perry Meridian High School

Public High School

Public
Grades 9-12
2,350 Students
GreatSchools Rating
Herron High School

Public High School

Public
Grades 9-12
995 Students
GreatSchools Rating
North Central High School

Public High School

Public
Grades 9-12
3,628 Students
GreatSchools Rating
Ben Davis University High School

Public High School

Public
Grades 9-12
358 Students
GreatSchools Rating
Franklin Central Junior High

Public Middle School

Public
Grades 6-8
1,711 Students
GreatSchools Rating
Paramount Cottage Home

Public Elementary School

Public
Grades K-5
265 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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