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Apartments Under $700 in Indianapolis, IN

61 - 62 of 62 Results
$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
61 - 62 of 62 Results
  1. Home
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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 127 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 945 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,042 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
  5. Herron Morton

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

Welcome to the February 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the February 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 $1,120, with the majority falling between $730 and $1,590. Out of the 7,896 one-bedroom apartments currently on the market in Indianapolis, 415 are priced below $700, accounting for 5% of the total available one-bedroom units in Indianapolis.

Available Apartments Under $700: Indianapolis vs. Surrounding Areas

Indianapolis, IN
73
The chart above provides an overview of the number of available apartments under $700 in Indianapolis, IN and the surrounding cities in the February 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 February M/M % Change
Indianapolis, IN 73 +0.96%
Westfield, IN 1 +0.83%
Greenwood, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Danville, IN 0 +1.0%
Speedway, IN 0 +1.67%
North Salem, IN 0 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,107
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Range / Oven
Deals 32
Pet friendly 107
Utilities included 20
Furnished 1
Studio 36
1 Bedroom 72
2 Bedroom 35

Where are Indianapolis Apartments Under $700?

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