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Apartments Under $700 in Indianapolis, IN

31 - 52 of 52 Results
1
$675
Fountain View Senior Apartments
1044 Shelby St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$700
231 N Jefferson Ave
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Woodruff Place
1
$650
Churchman 1022-24
1022-24 Churchman Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
Storage
17
$595
*coming Soon* 5345 E Washington St Unit 8 Indpls, In 46219
5345 E Washington St Apt 8 Indianapolis, IN
Studio | Ask for Availability
Contact
House
17
$595
5345 E Washington St. Unit 4 Indpls, In 46219
5345 E Washington St Apt 4 Indianapolis, IN
Studio | Ask for Availability
Contact
House
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
17
$595
*coming Soon* 5345 E Washington St. Unit 19 Indpls, In 46219
5345 E Washington St Apt 19 Indianapolis, IN
Studio | Ask for Availability
Contact
House
24
$684
5730 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$625
137
634 E 37th St Indianapolis, IN
1 BR | Available Now
Contact
0
$699 - 1,016
Garfield Park Village
360 Sandra Ln Indianapolis, IN
1 BR | Available Now
Contact
1
$695
Perfectly Located Apartments
602 W Hanna Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
1
$700
1929 & 1931 N Oxford St, Indianapolis, IN 46218
Indianapolis, IN
1 BR | Available Now
Contact
5
$700
3018 Southwest Drive
Indianapolis, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
9
$650
Speedway Fisher Apartments
5125 W 10th St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
16
$695
Fountain Square Duplex 2 Bed 1 Bath
1044 Dawson St Indianapolis, IN
2 BR | Ask for Availability
Contact
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
2
$649
925 N Oakland Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$625
2 Bedroom 1 Bath
1628 N Colorado Ave Indianapolis, IN
2 BR | Ask for Availability
Contact
1
$650
4721 E 34Th 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
$600
1 Bed House For Rent
2926 E 18Th St Indianapolis, IN
1 BR | Ask for Availability
Contact
31 - 52 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
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