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Apartments under $1,200 in Downtown Indianapolis

442 Rentals
.
  29. Building Exterior NE Corner - 946 MLK
    1 BED
    $1,200

    946 MLK

    946 Dr Martin Luther King Jr St, Indianapolis, IN 46202
  32. 2 BEDS
    $563

    Line Lofts

    1145 E Washington St, Indianapolis, IN 46202
  33. 2 BEDS
    $1,195

    Pavillion

    1701 N Central Ave, Indianapolis, IN 46202
  34. STUDIO
    $775+
    2 BEDS
    $1,025+

    The Washington

    1401 N Pennsylvania St, Indianapolis, IN 46202
  35. 2 BEDS
    $995

    The Whitaker

    1504 N Pennsylvania St, Indianapolis, IN 46202
  36. 1 BED
    $1,150+
    2 BEDS
    $1,195+

    Temple Lofts

    1225 Dr Martin Luther King Jr St, Indianapolis, IN 46202
  37. STUDIO
    $650+
    1 BED
    $875+

    Dunbar Court

    1022 Dr Martin Luther King St, Indianapolis, IN 46202
Showing 42 of 111 results, Page 1 of 3

Indianapolis at a Glance

Average Rent

N/A
(All bedrooms and property types)
0

School Rating

out of 10 Rating
Learn more about
Schools in Indianapolis
57

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Indianapolis
88

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Indianapolis

Downtown Indianapolis Neighborhood in Indianapolis, IN

Get the most for your money when you find 111 apartments under $1,200 in Downtown Indianapolis. Finding the perfect rental shouldn't be a challenge. Whether you're a student, new renter, or simply looking to save extra cash, Apartment Finder has a wide variety of rentals that suit your needs and your wallet. View listings with different floorplans, amenities, and unique features, all priced under $1,200. The perfect rental within your budget is just a click away. Start searching now!

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Getting Around Indianapolis

Transportation

81

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
88

Very Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
57

Good Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

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

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