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Apartments Under $700 in Indianapolis, IN

31 - 60 of 62 Results
21
$650
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
$550
*coming Soon!* 5345 E Washington St Unit 20, Indpls, In 46219
5345 E Washington St Apt 20 Indianapolis, IN
Studio | Ask for Availability
Contact
House
11
$675
3606 Balsam Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
18
$695
Bean Creek Duplex 1 Bedroom And 1 Bath
1407 E Tabor St Indianapolis, IN
1 BR | Ask for Availability
Contact
House
18
$675
3609 Balsam Ave
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
21
$695 - 700
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Jan. 14, 2026
Contact
Dog Friendly
Cat Friendly
11
$675
3610 Balsam Ave
Indianapolis, IN
Studio | Ask for Availability
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
9
$650
Speedway Fisher Apartments
5125 W 10th St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
11
$625 - 635
Fox Club
Deal
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
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
12
$625
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
38
$679
Arlington Green (Indy Town)
Deal
1.4
6046 E 21st Street, Suite 1b Management Office Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
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
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
12
3D Tour
$449 - 654
Lakeside Point At Nora
Deal
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
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
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
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
$695
Villages At Fall Creek (villages At Fall Creek, Llc - Reverie Estates)
3520-3534 E Fall Creek Pkwy Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$650
4721 E 34Th St
Indianapolis, IN
1 BR | Ask for Availability
Contact
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
$700
4430 Park Forest Ct
Indianapolis, IN
2 BR | Ask for Availability
Contact
31 - 60 of 62 Results
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  3. Apartments Under $700
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 114 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,011 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,121 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. Old Northside
  3. Downtown Indianapolis
  4. Herron Morton
  5. Fletcher Place

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

Welcome to the December 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the December 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 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 $1,100, with the majority falling between $730 and $1,630. Out of the 7,882 one-bedroom apartments currently on the market in Indianapolis, 351 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
70
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the December 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 82 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 December M/M % Change
Indianapolis, IN 70 +1.0%
Westfield, IN 1 +1.0%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Speedway, IN 1 +0.75%
Beech Grove, IN 0 +1.0%
North Salem, IN 0 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,432
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 38
Pet friendly 134
Utilities included 17
Furnished 1
Studio 39
1 Bedroom 68
2 Bedroom 59

Where are Indianapolis Apartments Under $700?

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