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Apartments for Rent in Indianapolis, IN under $700

50 Rentals Available
Apartments for Rent in Indianapolis, IN under $700. 50 Rentals Available
  • a living room with a blue couch and a futon
    Today

    2148 Augusta Drive East, Indianapolis, IN 46224
    1 BED $697
  • a living room and dining room with a table and chairs and an open floor plan
    Today

    6046 E 21St Street, Suite 1B Management Office, Indianapolis, IN 46219
    1 BED $686+
    2 BEDS $689+
  • the living room of an apartment with a couch and a table
    Today

    5350 E. 21St St.,, Indianapolis, IN 46218
    1 BED $683+
    2 BEDS $685+
  • a living room with a couch and a coffee table
    Today

    7007 Courthouse Dr, Indianapolis, IN 46226
    STUDIO $697+
  • the living room and dining room of an apartment with a table and chairs
    Today

    3685 St. Thomas Blvd, Indianapolis, IN 46214
    1 BED $700+
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  • a living room with a couch and a table
    Today

    3749 Willowood Drive, Indianapolis, IN 46235
    STUDIO Ask for pricing
  • a living room with a couch and a coffee table
    Today

    3417 N Rybolt Ave, Indianapolis, IN 46222
    STUDIO $689+
  • a living room with a couch and a coffee table
    Today

    3710 N Meridian St, Indianapolis, IN 46208
    STUDIO $700
  • a new apartment building on the corner of a street
    Today

    5620 East 30Th Street, Indianapolis, IN 46218
    1 BED $650
  • outline of a house icon isolated on a white
    Today

    615 & 19 Fairfield Avenue, Indianapolis, IN 46205
    STUDIO $100
  • a living room with a couch and a table and a large window
    Today

    3810 Cooper Square Court, Indianapolis, IN 46205
    1 BED $651
    2 BEDS $534+
    3 BEDS $598+
  • Interactive banner bedroom
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  • a kitchen with a stainless steel refrigerator and a sink
    Today

    3720 N Pennsylvania St, Indianapolis, IN 46205
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • a small red house with a black roof
    Today

    1057 North Pershing Avenue, Indianapolis, IN 46222
    5 BEDS $647
  • a large brick building with a sidewalk in front of it
    Today

    3101 East 10Th Street, Indianapolis, IN 46201
    STUDIO $100+
    1 BED $545
    2 BEDS $625+
  • a building with a sign in front of it
    Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $681+
    2 BEDS $626+
  • a new apartment building with cars parked in front of it
    Today

    17 South Oxford Street, Indianapolis, IN 46201
    1 BED $505+
    2 BEDS $575+
  • the door of a house with a note in the window
    Today

    1902 Wilcox Street, Indianapolis, IN 46222
    3 BEDS $700
  • a house with an flag in the window
    Today

    114 East Palmer Street, Indianapolis, IN 46225
    3 BEDS $500
  • a new apartment building with a do not enter sign in front of it
    Today

    19 N. Oxford St., Indianapolis, IN 46201
    1 BED $515+
  • a new apartment building on the corner of a street
    Today

    18 S. Parker Ave., Indianapolis, IN 46201
    2 BEDS $640
  • a living room with couches and chairs and a table
    Today

    1015 Vesper Pl, Indianapolis, IN 46203
    Income Restricted
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • a living room with a couch and a coffee table
    Today

    6764 Lambert Street, Indianapolis, IN 46241
    Income Restricted
    2 BEDS Ask for pricing
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Local Guides for Renters

Getting around in Indianapolis, IN

57 /100
Somewhat Walkable
46 /100
Some Transit
88 /100
Very Bikeable
Walk Score®: 57, Transit Score®: 46, Bike Score®: 88

Frequently asked questions

When were prices and availability in Indianapolis, IN last updated?

Prices and availability in Indianapolis, IN were last updated on 10 Apr 2026.

What are the best apartments in Indianapolis, IN?

The best apartments in Indianapolis, IN are: 7 Pointe Apartments, CityView on Meridian, Monon Court, Managed by Buckingham Monon Living, Carlyle Court and Meridian Court South.

What type of rental buildings are in Indianapolis, IN?

In Indianapolis 44% of the housing is rented out compared to 56% of homes are owned, according to the most recent Census Bureau estimates. 12% of Indianapolis's apartments are found in large buildings of 50 units or more, 62% are located in smaller apartment complexes with less than 50 units, and 25% are single-family rentals.

Search for apartments in Indianapolis, IN under $700

There’s more than one way to spend $700 on rent in Indianapolis, IN, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $700 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $700 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Indianapolis, IN. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 22 apartments for rent below $700 in Indianapolis, IN for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!