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Apartments Under $700 in Indianapolis, IN

1 - 30 of 51 Results
21
3D Tour
$300
PER
ROOM
Eastwind Court Haven with Modern Updates & Space to Grow
Deal
3321 Eastwind Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
21
3D Tour
$300 - 315
PER
ROOM
Charming Indianapolis Bungalow Near Garfield Park
Deal
701 W Hanna Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
20
3D Tour
$310 - 435
PER
ROOM
Chic Indianapolis sanctuary with soaring ceilings and modern flair
Deal
8149 Trevellian Way Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
22
3D Tour
$405
PER
ROOM
Charming Indianapolis home close to Fort Harrison State Park and trails
Deal
8027 N Richardt Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
12
$549 - 649
Covington Square Apartments
115 S. High School Rd. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
2
$540 - 659
Capital Place Apartments
4100 Continental Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
5
$692 - 741
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
5
$684 - 754
5730 E Washington
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
29
$699
Windmill
10251-10705 Us Hwy Indianapolis, IN
Studio | Nov. 11, 2026
Contact
Air Conditioning
Surface Parking
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Income Restricted
Fitness Center
Dishwasher
36
$527
Illinois Street Senior
1352 N Illinois St Indianapolis, IN
1 BR | Sep. 27, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Old Northside
1
$625
Ewing 910-12
910-12 Ewing St Indianapolis, IN
1 BR | Available Now
Contact
Storage
Disability Access
26
$650
1413 Kennington St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
House
7
$599
Volrath
118 Palmer St Indianapolis, IN
1 BR | Available Now
Contact
Dishwasher
1
$700
5260-5262 Fletcher Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
1
$675
Fountain View Senior Apartments
1044 Shelby St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
24
$684
5730 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
44
$692
3609 Balsam Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
1
$650
Churchman 1022-24
1022-24 Churchman Ave Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
Storage
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
18
$595
5345 E Washington St. Unit 12, Indpls, In 46219
5345 E Washington St Apt 12 Indianapolis, IN
Studio | Ask for Availability
Contact
House
11
$675
Dunbar Court Apartments
1022 Dr Martin Luther King Jr St Indianapolis, IN
Studio | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
Upper Canal
1
$700
229-231 N Jefferson Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
17
$595
5345 E Washington St. Unit 4 Indpls, In 46219
5345 E Washington St Apt 4 Indianapolis, IN
Studio | Ask for Availability
Contact
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
16
$625
The Sheldrake
2258 N Meridian St Indianapolis, IN
Studio | Ask for Availability
Contact
Air Conditioning
Fitness Center
0
$656 - 1,040
Garfield Park Village
360 Sandra Ln Indianapolis, IN
Studio | Available Now
Contact
1
$700
4724 & 4726 E 34th St
Indianapolis, IN
1 BR | Available Now
Contact
1
$699
1354-1356 N Olney St
1354 N Olney St Indianapolis, IN
1 BR | Available Now
Contact
12
$625
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1 - 30 of 51 Results
  1. Home
  2. Indianapolis
  3. Apartments Under $700
Frequently Asked Questions

How many apartments under $700 are available in Indianapolis, IN on Rentable.co?

There are 51 apartments under $700 in Indianapolis currently available for rent on Rentable.co.

How many studio apartments under $700 are available in Indianapolis?

Rentable.co has 118 studio apartments under $700 available for rent in Indianapolis.

How many one-bedroom apartments under $700 are available in Indianapolis?

Rentable.co has 871 one-bedroom apartments under $700 available for rent in Indianapolis.

How many two-bedroom apartments under $700 are available in Indianapolis?

Rentable.co has 594 two-bedroom apartments under $700 available for rent in Indianapolis.

Can I afford a apartment under $700 in Indianapolis, IN?

To comfortably afford a apartment under $700 in Indianapolis based on average rent prices, a household would need an annual income of $26,000.

Which neighborhoods have the most apartments under $700 for rent in Indianapolis, IN?

  1. Upper Canal
  2. Fletcher Place
  3. Old Northside
  4. Downtown Indianapolis
  5. Woodruff Place

Apartments Under $700 in Indianapolis, IN: September Rental Information

Welcome to the September 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the September 2026 key findings and figures for apartments under $700 in Indianapolis.

Our experts analyze the inventory trends for affordable apartments — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Indianapolis and its surrounding areas. This summary also provides insight into the available features and amenities, as well as different location options for apartments under $700 in Indianapolis. Whether you're a student looking for a budget-friendly apartment or a professional seeking an affordable place to live, this report will help you navigate the Indianapolis rental market and find the best apartment to meet your needs.
0 12 25 37 50 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,000, with the majority falling between $680 and $1,590. Out of the 6,253 one-bedroom apartments currently on the market in Indianapolis, 193 are priced below $700, accounting for 3% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $700: Indianapolis vs. Surrounding Areas

Indianapolis, IN
68
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the September 2026. The chart includes data for Westfield, Speedway, Whiteland, Cumberland, Avon, Danville, Plainfield, McCordsville, Meridian Hills, Brownsburg, Fishers, Carmel, Noblesville, Greenfield, Lawrence, Greenwood, Lebanon, Bargersville, Camby, Cicero, North Salem, Whitestown, Zionsville, Fortville, Ingalls, Hendricks, Beech Grove, Pittsboro, and New Palestine, showcasing the range of affordable housing options in the area. With a total inventory of 70 apartments, renters have plenty of choices when searching for budget-friendly rentals in the Indianapolis, IN metro area. So whether you're looking to live in the heart of the city or in one of its neighboring communities, there are many affordable options to explore.

Apartments Under $700 Now vs. Last Month: Indianapolis and Surrounding Areas

City Apartments Under $700 in September M/M % Change
Indianapolis, IN 68 +1.02%
Greenwood, IN 1 +0.67%
Westfield, IN 1 +1.0%
Noblesville, IN 1 +1.14%
Plainfield, IN 1 +1.14%
Lebanon, IN 1 -1.0%
Whitestown, IN 1 +1.4%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,085
Top amenities Fitness Center, Dishwasher, Refrigerator, Range / Oven, Pet Friendly Community
Deals 43
Pet friendly 94
Utilities included 18
Furnished 1
Studio 32
1 Bedroom 78
2 Bedroom 35

Where are Indianapolis Apartments Under $700?

Top Neighborhoods Upper canal, Fletcher place, Old northside, Downtown indianapolis, Woodruff place
Upper Canal 5
Fletcher Place 2
Old Northside 2
Downtown Indianapolis 1
Woodruff Place 1
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