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Apartments Under $700 in Indianapolis, IN

1 - 30 of 64 Results
20
3D Tour
$320
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
22
3D Tour
$300 - 305
PER
ROOM
Goldenrod Drive Charmer with Large Backyard Oasis
Deal
1252 Goldenrod Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
21
3D Tour
$325 - 375
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
19
3D Tour
$400 - 410
PER
ROOM
Zen-inspired Indianapolis home with lush landscaping and peaceful vibes
Deal
3712 Oil Creek Dr Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
18
3D Tour
$275 - 380
PER
ROOM
Vibrant Indianapolis haven with retro charm and contemporary updates
Deal
6115 Redcoach Ln Indianapolis, IN
1 BR | Jan. 2, 2026
Contact
Heat Included
House
In Unit Laundry
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
29
$699
Windmill
10251-10705 Us Hwy Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
10
$650 - 700
Piccadilly
28 E 16th St Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Herron Morton
25
$458
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio | Available Now
Income Restricted
Fitness Center
Dishwasher
45
$648
Minnie Hartman
3734 E Vermont St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
20
$485
Eagledale Senior
2930 Lafayette Rd Indianapolis, IN
1 BR | Feb. 10, 2026
Contact
Surface Parking
In Unit Laundry
Fitness Center
Dishwasher
43
$563
Line Lofts
1145 E Washington St Indianapolis, IN
2 BR | Dec. 31, 2025
Contact
In Unit Laundry
Fitness Center
Dishwasher
2
$650 - 700
The Courts On Monon
3605-3609 Balsam Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$699
Oxmoor Indy
3640 N Meridian St Indianapolis, IN
1 BR | Available Now
Contact
Storage
1
$650 - 675
Fountain View Senior Apartments
1044 Shelby St Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$700
2844 2846 Dr Andrew J Brown Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
16
$700
3004 E Michigan St Unit Bedroom
Indianapolis, IN
1 BR | Available Now
Contact
Air Conditioning
6
$649
Volrath
118 Palmer St Indianapolis, IN
1 BR | Available Now
Contact
Dishwasher
40
$599 - 695
708 E 11th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
18
$695
Bean Creek Duplex 1 Bedroom And 1 Bath
1407 E Tabor St Indianapolis, IN
1 BR | Ask for Availability
Contact
House
21
$650 - 670
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$699
One Bedroom Duplex Home Near S Keystone Ave & Prospect St
1525 Villa Ave Indianapolis, IN
1 BR | Available Now
Contact
House
Storage
7
$695
2821 E 13Th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
34
$695 - 700
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Jan. 14, 2026
Contact
Dog Friendly
Cat Friendly
64
$650 - 700
3609 Balsam Ave
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
4
$300
1635 Draper St
Indianapolis, IN
Studio | Available Now
Contact
1
$700
Pilgrim
1015 W 31St St Indianapolis, IN
Studio | Available Now
Contact
Storage
1
$650
Birchwood Place Apartments
1040 Fairfield Ave Indianapolis, IN
Studio | Available Now
Contact
Storage
Disability Access
Mapelton
1
$695 - 700
Butler Place
5230 E Washington St Indianapolis, IN
Studio - 1 BR | Jan. 14, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
1 - 30 of 64 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 64 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 144 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 972 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 958 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. Herron Morton
  4. Downtown Indianapolis
  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 $1,120, with the majority falling between $730 and $1,590. Out of the 7,926 one-bedroom apartments currently on the market in Indianapolis, 478 are priced below $700, accounting for 6% 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 80 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, Herron morton, Downtown indianapolis, Fletcher place
Upper Canal 3
Old Northside 3
Herron Morton 2
Downtown Indianapolis 1
Fletcher Place 1
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