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Apartments Under $700 in Indianapolis, IN

1 - 30 of 59 Results
21
3D Tour
$325 - 370
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
20
3D Tour
$475
PER
ROOM
Inviting urban haven with vintage charm and modern touches
Deal
1043 N Holmes Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
22
3D Tour
$330 - 370
PER
ROOM
Tranquil Perry Township Home on a Quiet Cul-de-Sac
Deal
8109 Johnstown Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
22
3D Tour
$380 - 440
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
22
3D Tour
$320
PER
ROOM
Goldenrod Drive Charmer with Large Backyard Oasis
Deal
1252 Goldenrod Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
20
3D Tour
$320 - 345
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
21
3D Tour
$355 - 380
PER
ROOM
Charming Indianapolis Bungalow Near Garfield Park
Deal
701 W Hanna Ave Indianapolis, IN
1 BR | Apr. 7, 2026
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
8
$650
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Fitness Center
5
$700
Butler Place
5230 E Washington St Indianapolis, IN
Studio | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
11
$569 - 1,068
East Village at Avondale Meadows Apartments
3810 Cooper Square Court Indianapolis, IN
2 BR | Available Now
Contact
Luxury
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
5
$693 - 770
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
Studio | Apr. 10, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
45
$648
Minnie Hartman
3734 E Vermont St Indianapolis, IN
2 BR | Apr. 29, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
152
$497 - 690
1010 Central
1010 Central Ave Indianapolis, IN
1 BR | Apr. 11, 2026
Contact
Fitness Center
Old Northside
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Income Restricted
Fitness Center
Dishwasher
20
$485 - 693
Eagledale Senior
2930 Lafayette Rd Indianapolis, IN
1 BR | Mar. 30, 2026
Contact
Surface Parking
In Unit Laundry
Fitness Center
Dishwasher
14
$550
1755 W Morris St Unit A
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
West Indianapolis
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
1
$645
Coming Soon: 1 Bedroom/1 Bathroom Located At 805 Jefferson Ave.
805 Jefferson Ave Indianapolis, IN
1 BR | Apr. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Woodruff Place
17
$575
5345 E Washington St. Unit 30 Indpls, In 46219
5345 E Washington St Apt 30 Indianapolis, IN
Studio | Ask for Availability
Contact
House
6
$649
Volrath
118 Palmer St Indianapolis, IN
1 BR | Available Now
Contact
Dishwasher
11
$649
25 S Emerson Ave Unit B
Indianapolis, IN
1 BR | Available Now
Contact
12
$700
5230 E Washington St
Indianapolis, IN
Studio | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
17
$575
*coming Soon* 5345 E. Washington St. Unit 32 Indpls, In 46219
5345 E Washington St Apt 32 Indianapolis, IN
Studio | Ask for Availability
Contact
House
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
Studio | Available Now
Contact
Storage
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
17
$575
5345 E Washington St. Unit 18 Indpls, In 46219
5345 E Washington St Apt 18 Indianapolis, IN
Studio | Ask for Availability
Contact
House
1
$700
Perfectly Located Apartments
602 W Hanna Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
0
$699 - 1,160
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 BR | Apr. 10, 2026
Contact
1 - 30 of 59 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 59 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 113 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 981 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,031 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: March Rental Information

Welcome to the March 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the March 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 20 40 60 80 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,150, with the majority falling between $730 and $1,580. Out of the 7,999 one-bedroom apartments currently on the market in Indianapolis, 282 are priced below $700, accounting for 4% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $700: Indianapolis vs. Surrounding Areas

Indianapolis, IN
75
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the March 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 72 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 March M/M % Change
Indianapolis, IN 75 +0.97%
Westfield, IN 1 +1.0%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Speedway, IN 0 0.0%
Danville, IN 0 +1.0%
North Salem, IN 0 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,135
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 31
Pet friendly 102
Utilities included 18
Furnished 1
Studio 38
1 Bedroom 70
2 Bedroom 30

Where are Indianapolis Apartments Under $700?

Top Neighborhoods Upper canal, Fletcher place, Old northside, Downtown indianapolis, Woodruff place
Upper Canal 3
Fletcher Place 2
Old Northside 2
Downtown Indianapolis 1
Woodruff Place 1
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