New Apartments for Rent in Indianapolis, IN Under $1,200 (43 Rentals)

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Edge 35
Built in 2019Studio to 2 Bedroom Apartments

Edge 35

1224 Prospect StIndianapolis, IN 46203
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632 MLK Apartments
Built in 2016Studio to 4 Bedroom Apartments

632 MLK Apartments

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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The Whit Apartments
Built in 2019Studio to 3 Bedroom Apartments

The Whit Apartments

307 N Pennsylvania StIndianapolis, IN 46204
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The Retreat On Washington
Built in 20151 to 2 Bedroom Apartments

The Retreat On Washington

2950 Kirkbride WayIndianapolis, IN 46222
Senior Living
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The Meadows
Built in 20231 to 3 Bedroom Apartments

The Meadows

4016 Meadows WayIndianapolis, IN 46205
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Grid
Built in 2020Studio to 2 Bedroom Apartments

Grid

520 E Washington StIndianapolis, IN 46204
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Line Lofts
Built in 20212 Bedroom Apartments

Line Lofts

1145 E Washington StIndianapolis, IN 46202
Senior Living
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Slate Run Lofts
Built in 2019Studio to 2 Bedroom Apartments

Slate Run Lofts

9555 International DrIndianapolis, IN 46268
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Proctor Place
Built in 20221 to 3 Bedroom Apartments

Proctor Place

240 N Warman AveIndianapolis, IN 46222
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The Haciendas
Built in 20151 Bedroom Apartments

The Haciendas

3816 Trilbey DrIndianapolis, IN 46235
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Greyhound Village
Built in 20161 to 4 Bedroom Apartments

Greyhound Village

3701 Shelby StIndianapolis, IN 46227
Student Housing
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University Lofts
Built in 20191 to 4 Bedroom Apartments

University Lofts

1340 National AveIndianapolis, IN 46227
Student Housing
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Parkside At Tarkington
Built in 20221 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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The Gables
Built in 20181 to 2 Bedroom Apartments

The Gables

826 Ryland StGreenwood, IN 46143
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The Barlow
Built in 20211 to 2 Bedroom Apartments

The Barlow

234 E Main StPlainfield, IN 46168
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Harpers Crossing
Built in 20221 to 2 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168
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Kinnley Court
Built in 20181 to 2 Bedroom Apartments

Kinnley Court

3650 Clarks Creek RdPlainfield, IN 46168
Senior Living
Showing Results 1-43, Page 1 of 1

Indianapolis, IN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around Indianapolis, IN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about New Indianapolis Apartments

What is the Cheapest New apartment in Indianapolis?

Currently the most affordable New Apartment in Indianapolis is at Vivio on 10th listed at $699.

How much is the average rent for a New Indianapolis Apartment?

The average rent for a New Apartment in Indianapolis is $1,917.

What is the largest New Indianapolis Apartment for rent?

Today's New apartment with the most square footage in Indianapolis is a 2,675 square feet unit starting from $1,669 at Slate at Fishers District Luxury Villas & Townhomes.

What is the average size for Indianapolis New Apartments for rent?

The average size for a New rental in Indianapolis is currently at 661 sq ft.

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.