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Apartments Under $700 in Indianapolis, IN

1 - 30 of 60 Results
18
3D Tour
$375
PER
ROOM
Vibrant Indianapolis haven with retro charm and contemporary updates
Deal
6115 Redcoach Ln Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
20
3D Tour
$370
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
21
3D Tour
$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
20
3D Tour
$325
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
$315 - 380
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
9
$685
S Keystone Ave
Indianapolis, IN
1 BR | Ask for Availability
Contact
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
$638 - 734
Balsam Avenue Apartments - The Courts
3605-3609 Balsam Indianapolis, IN
Studio - 1 BR | Available Now
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
$700
Butler Place
5230 E Washington St Indianapolis, IN
Studio | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Income Restricted
Fitness Center
Dishwasher
5
$687 - 732
Piccadilly
28 E 16th St Indianapolis, IN
Studio | Jun. 29, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Herron Morton
29
$603
Morton School Senior
2101 N College Ave Indianapolis, IN
2 BR | Available Now
Contact
Fitness Center
Kingpark
1
$625
Ewing 910-12
910-12 Ewing St Indianapolis, IN
1 BR | Available Now
Contact
Storage
Disability Access
23
$700
5230 E Washington St
Indianapolis, IN
Studio | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
73
$638 - 692
3609 Balsam Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
1
$700
Coming Soon: 1 Bedroom / 1 Bathroom Duplex Located At 1250 N Colorado Ave. In Indianapolis, In.
1250 N Colorado Ave Indianapolis, IN
1 BR | Jun. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
Disability Access
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
1 BR | Available Now
Contact
Storage
1
$700
2844 2846 Dr Andrew J Brown Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
9
$ Ask - 1,145
920 North Alabama
Indianapolis, IN
1 BR | Available Now
Contact
Old Northside
6
$649
Volrath
118 Palmer St Indianapolis, IN
1 BR | Available Now
Contact
Dishwasher
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
1
$699
5035 Fletcher Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
17
$550
5345 E Washington St. Unit 35 Indpls, In 46219
5345 E Washington St Apt 35 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
11
$599
25 S Emerson Ave Unit B
Indianapolis, IN
1 BR | Available Now
Contact
17
$550
5345 E Washington St. Unit 31 Indpls, In 46219
5345 E Washington St Apt 31 Indianapolis, IN
Studio | Ask for Availability
Contact
House
8
$700
8420 Metzger Ct
Indianapolis, IN
1 BR | Jul. 1, 2026
Contact
House
Air Conditioning
Dishwasher
0
$649 - 1,078
Garfield Park Village
360 Sandra Ln Indianapolis, IN
Studio - 1 BR | Available Now
Contact
1 - 30 of 60 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 60 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 125 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,107 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,063 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. Downtown Indianapolis
  4. Old Northside
  5. Kingpark

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

Welcome to the June 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the June 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 22 45 67 90 <$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 $1,060, with the majority falling between $710 and $1,570. Out of the 8,938 one-bedroom apartments currently on the market in Indianapolis, 355 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
68
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the June 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 74 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 June M/M % Change
Indianapolis, IN 68 +1.03%
Noblesville, IN 2 +0.89%
Westfield, IN 1 +1.0%
Greenwood, IN 1 +1.0%
Plainfield, IN 1 0.0%
Speedway, IN 1 +1.4%
Whitestown, IN 1 -1.0%
Lebanon, IN 0 +1.0%
Carmel, IN 0 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,514
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 40
Pet friendly 89
Utilities included 16
Furnished 1
Studio 32
1 Bedroom 79
2 Bedroom 39

Where are Indianapolis Apartments Under $700?

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