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Apartments Under $700 in Indianapolis, IN

31 - 60 of 66 Results
18
$695
Bean Creek Duplex 1 Bedroom And 1 Bath
1407 E Tabor St Indianapolis, IN
1 BR | Ask for Availability
Contact
House
16
$700
The Sheldrake
2258 N Meridian St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
Fitness Center
27
$700
26 E 14th St
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
1
$650 - 675
Fountain View Senior Apartments
1044 Shelby St Indianapolis, IN
Studio - 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
6
$649
Volrath
118 Palmer St Indianapolis, IN
1 BR | Available Now
Contact
Dishwasher
18
$665 - 700
5230 E Washington St
Indianapolis, IN
Studio - 1 BR | Jan. 14, 2026
Contact
Dog Friendly
Cat Friendly
4
$695 - 700
3609 Balsam Ave
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
21
$650
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 BR | Jan. 7, 2026
Contact
Dog Friendly
Cat Friendly
1
$600
2438 E Washington St
Indianapolis, IN
1 BR | Available Now
Contact
3
$695
3520 E Fall Creek Pkwy N
Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
5
$700
3018 Southwest Drive
Indianapolis, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Air Conditioning
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
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
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
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
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
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
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
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
20
$599
1702 W Michigan Street
1702 W Michigan St Indianapolis, IN
Studio | Ask for Availability
Contact
16
$695
Fountain Square Duplex 2 Bed 1 Bath
1044 Dawson St Indianapolis, IN
2 BR | Ask for Availability
Contact
Air Conditioning
31
$700
Newly Renovated By Neighborhood Revival
1942 Houston St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
31 - 60 of 66 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 66 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 155 studio apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,070 one-bedroom apartments under $700 available for rent in Indianapolis.

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

Rentable.co has 1,054 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: January Rental Information

Welcome to the January 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable's data scientists and rental experts delve into the January 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 20 40 60 80 <$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 $1,130, with the majority falling between $730 and $1,590. Out of the 7,762 one-bedroom apartments currently on the market in Indianapolis, 511 are priced below $700, accounting for 7% 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 January 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 81 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 January M/M % Change
Indianapolis, IN 71 +1.0%
Greenwood, IN 1 +0.83%
Westfield, IN 1 +1.0%
Noblesville, IN 1 +1.0%
Speedway, IN 1 +1.4%
Beech Grove, IN 0 +1.0%
North Salem, IN 0 +1.0%

Looking for Apartments Under $700 in Indianapolis?

Available apartments under $700 2,440
Top amenities Dishwasher, On Site Laundry, Refrigerator, Range / Oven, Pet Friendly Community
Deals 29
Pet friendly 125
Utilities included 17
Furnished 1
Studio 39
1 Bedroom 77
2 Bedroom 35

Where are Indianapolis Apartments Under $700?

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