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Apartments Under $700 in Indianapolis, IN

31 - 56 of 56 Results
69
$631 - 700
3609 Balsam Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
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
7
$599 - 699
Volrath
118 Palmer St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dishwasher
16
$685
3520 E Fall Creek Pkwy N
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
8
$685
1630 Woodlawn Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$695
3019 Boulevard Pl
Indianapolis, IN
3 BR | Ask for Availability
Contact
House
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
1 BR | Available Now
Contact
Storage
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
3
$650
318 Parkway Ave Unit C Indpls, In 46225
318 Parkway Ave #c Indianapolis, IN
1 BR | Ask for Availability
Contact
House
1
$700
4724 & 4726 E 34th St
Indianapolis, IN
1 BR | Available Now
Contact
21
$650
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$625
Studio Apartment On S Brookville Rd & S Arlington Ave
565 S Webster Ave Indianapolis, IN
Studio | Available Now
Contact
House
19
$ Ask - 1,689
Country Lake Townhomes
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
9
$650
Speedway Fisher Apartments
5125 W 10th St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
12
$ Ask - 863
Scarborough Lake Apartments
6430 Maidstone Road Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
9
$ Ask - 1,230
Madison Lofts
1430 & 1420 Madison Ave. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
29
$ Ask - 950
Duke Manor
311 S Lasalle St Santa Barbara, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Fitness Center
5
$700
3018 Southwest Drive
Indianapolis, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
20
$599
1702 W Michigan Street
1702 W Michigan St Indianapolis, IN
Studio | Ask for Availability
Contact
31
$700
Newly Renovated By Neighborhood Revival
1942 Houston St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
16
$695
Fountain Square Duplex 2 Bed 1 Bath
1044 Dawson St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
1
$625
2 Bedroom 1 Bath
1628 N Colorado Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
2
$649
925 N Oakland Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$650
4721 E 34Th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
$600
1 Bed House For Rent
2926 E 18Th St Indianapolis, IN
1 BR | Ask for Availability
Contact
$596 - 851
Fishermans Village
2975 Coast Drive Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
31 - 56 of 56 Results
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Frequently Asked Questions

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

There are 56 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 130 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,025 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,021 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

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

Welcome to the August 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the August 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 $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 $700 and $1,530. Out of the 8,573 one-bedroom apartments currently on the market in Indianapolis, 353 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
69
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the August 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 August M/M % Change
Indianapolis, IN 69 +0.98%
Westfield, IN 1 +0.83%
Noblesville, IN 1 +1.3%
Plainfield, IN 1 +1.12%
Greenwood, IN 1 +1.0%
Whitestown, IN 1 +1.0%
Lawrence, IN 0 +1.0%
Lebanon, IN 0 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,502
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 56
Pet friendly 97
Utilities included 22
Furnished 1
Studio 34
1 Bedroom 83
2 Bedroom 35

Where are Indianapolis Apartments Under $700?

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