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Apartments Under $700 in Indianapolis, IN

1 - 30 of 62 Results
56
Hills Apartments Apartment for rent in Indianapolis, IN
$699 - 1,211
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 BR | Aug. 20, 2025
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
20
3D Tour
Chic Indianapolis sanctuary with soaring ceilings and modern flair Apartment for rent in Indianapolis, IN
$375 - 395
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
11
3D Tour
Charming Indianapolis Bungalow Near Garfield Park Apartment for rent in Indianapolis, IN
$355 - 390
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
11
Vineyards Apartments Apartment for rent in Indianapolis, IN
$668 - 1,677
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
12
3D Tour
Charming Indianapolis home close to Fort Harrison State Park and trails Apartment for rent in Indianapolis, IN
$380
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
3D Tour
Eastwind Court Haven with Modern Updates & Space to Grow Apartment for rent in Indianapolis, IN
$375
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
13
3D Tour
Indianapolis Classic with Vintage Charm and Modern Touches Apartment for rent in Indianapolis, IN
$375 - 480
PER
ROOM
Indianapolis Classic with Vintage Charm and Modern Touches
Deal
1043 N Holmes Ave Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
11
3D Tour
Zen-inspired Indianapolis home with lush landscaping and peaceful vibes Apartment for rent in Indianapolis, IN
$400 - 505
PER
ROOM
Zen-inspired Indianapolis home with lush landscaping and peaceful vibes
Deal
3712 Oil Creek Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
12
Covington Square Apartments Apartment for rent in Indianapolis, IN
$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
Capital Place Apartments Apartment for rent in Indianapolis, IN
$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
St. Agnes Apartments Apartment for rent in Indianapolis, IN
$645
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
Studio | Sep. 15, 2025
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
11
217 - Stanton Apartment for rent in Indianapolis, IN
$655
217 - Stanton
3536 N Meridian St Indianapolis, IN
Studio | Sep. 15, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
11
East Village at Avondale Meadows Apartments Apartment for rent in Indianapolis, IN
$579 - 693
East Village at Avondale Meadows Apartments
3810 Cooper Square Court Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
25
The Enclave At Meridian Apartments Apartment for rent in Indianapolis, IN
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Income Restricted
Fitness Center
Dishwasher
8
135 E 30Th St Apartment for rent in Indianapolis, IN
$695
135 E 30Th St
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
Oxmoor Indy Apartment for rent in Indianapolis, IN
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
6
Volrath Apartment for rent in Indianapolis, IN
$649
Volrath
118 Palmer St Indianapolis, IN
1 BR | Available Now
Contact
Dishwasher
16
5345 E Washington St. Unit 5 Indpls, In 46219 Apartment for rent in Indianapolis, IN
$525
5345 E Washington St. Unit 5 Indpls, In 46219
5345 E Washington St Apt 5 Indianapolis, IN
Studio | Ask for Availability
Contact
House
18
$525
"coming Soon" 5345 E Washington St. Unit 12. Indpls, In 46219
5345 E Washington St Apt 12 Indianapolis, IN
Studio | Ask for Availability
Contact
House
14
$700
1921 N Harding St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
2
$650
The Courts On Monon
3605-3609 Balsam Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
10
$700
2909 E Brookside Ave
Indianapolis, IN
1 BR | Available Now
Contact
House
1
$625
Robson 3535-37
3535 Robson St Indianapolis, IN
1 BR | Available Now
Contact
Storage
Disability Access
21
$650
Stone Lake
2913 E Hanna Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$695
3017 Stuart St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
7
$695
2821 E 13Th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
48
$599 - 695
708 E 11th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
House
Old Northside
6
$695
2721 N Keystone Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$625
4915 1/2 W 11th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
1 - 30 of 62 Results
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Frequently Asked Questions

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

There are 62 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 100 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 473 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 715 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. Old Northside
  2. Upper Canal
  3. Downtown Indianapolis
  4. Fletcher Place

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

Welcome to the July 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the July 2025 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 $1,700 $1,780
This month, the typical cost to rent a one-bedroom apartment in Indianapolis stands at $1,120, with the majority falling between $730 and $1,880. Out of the 8,733 one-bedroom apartments currently on the market in Indianapolis, 261 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
79
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the July 2025. 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 July M/M % Change
Indianapolis, IN 79 +1.1%
Greenwood, IN 2 +1.25%
Westfield, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Lebanon, IN 1 +1.4%
North Salem, IN 0 +1.67%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 1,480
Top amenities Dishwasher, On Site Laundry, Refrigerator, Public Transportation, Range / Oven
Deals 24
Pet friendly 86
Utilities included 23
Furnished 1
Studio 32
1 Bedroom 74
2 Bedroom 30

Where are Indianapolis Apartments Under $700?

Top Neighborhoods Old northside, Upper canal, Downtown indianapolis, Fletcher place
Old Northside 4
Upper Canal 2
Downtown Indianapolis 1
Fletcher Place 1
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