Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Indianapolis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $700 in Indianapolis, IN

1 - 30 of 52 Results
22
3D Tour
$315
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
21
3D Tour
$300
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 - 315
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
$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
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
11
$660
Maywood Rd
Indianapolis, IN
1 BR | Ask for Availability
Contact
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
1
$699
5911 W 25th St
Indianapolis, IN
Studio | Nov. 13, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Storage
11
$569
East Village at Avondale Meadows Apartments
3810 Cooper Square Court Indianapolis, IN
2 BR | Dec. 29, 2026
Contact
Luxury
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
5
$684 - 754
5730 E Washington
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Income Restricted
Fitness Center
Dishwasher
8
$630 - 647
Central State Mansion
202 Steeples Blvd Indianapolis, IN
Studio | Nov. 28, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
11
$625 - 635
Fox Club
4401 South Keystone Avenue Indianapolis, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
8
$619 - 649
Cambridge Commons
2.8
4959 Oakhurst Drive Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
10
$659 - 724
Rosewood Commons
4.0
5549 Rosewood Commons Dr. Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
12
$625
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
18
3D Tour
$555 - 699
Woodhaven Park Apartments
4.0
6363 Commons Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
15
$624 - 729
Marabou Mills
1.6
3402 Marabou Mills Dr. Indianapolis, IN
Studio | Available Now
Contact
Air Conditioning
9
$561 - 595
Braeburn Village Apartments
3.4
2170 Braeburn East Drive Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
10
$698
Turtle Creek Apartments
5.0
8253 Harcourt Road Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
25
$549 - 699
Indy Flats
2.0
1304 N. Delaware Street Indianapolis, IN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Fitness Center
12
3D Tour
$449 - 654
Lakeside Point At Nora
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
17
$649 - 749
M Club
1.0
7007 Courthouse Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
7
$549 - 675
Estates At Crystal Bay
7136 East Crystal Bay Drive Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Townhome
Surface Parking
Balcony/Deck/Patio
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
9
$700
231 N Jefferson Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Woodruff Place
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
$650
Churchman 1022-24
1022-24 Churchman Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
Storage
1 - 30 of 52 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 52 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 121 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 803 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 693 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. Woodruff Place
  3. Fletcher Place
  4. Downtown Indianapolis
  5. Old Northside

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

Welcome to the November 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the November 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 17 35 52 70 <$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 $1,000, with the majority falling between $700 and $1,630. Out of the 6,105 one-bedroom apartments currently on the market in Indianapolis, 209 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
64
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the November 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 68 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 November M/M % Change
Indianapolis, IN 64 +1.04%
Greenwood, IN 2 +0.75%
Greenfield, IN 1 +0.5%
Westfield, IN 1 +1.17%
Lebanon, IN 1 +0.75%
Noblesville, IN 1 +1.0%
Plainfield, IN 1 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 1,575
Top amenities Fitness Center, Dishwasher, Refrigerator, Range / Oven, Pet Friendly Community
Deals 35
Pet friendly 93
Utilities included 15
Furnished 1
Studio 36
1 Bedroom 65
2 Bedroom 32

Where are Indianapolis Apartments Under $700?

Top Neighborhoods Upper canal, Woodruff place, Fletcher place, Downtown indianapolis, Old northside
Upper Canal 5
Woodruff Place 3
Fletcher Place 2
Downtown Indianapolis 1
Old Northside 1
Browse Indianapolis Apartments
Indianapolis Apartments by Neighborhood
Indianapolis Apartments by Bedrooms
Indianapolis Apartments by Affordability
Indianapolis Apartments with Amenities
Indianapolis Apartments by Type
Colleges Near Indianapolis
Indianapolis Apartments by Zip Code