Apartments for Rent in Indiana under $700
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1 bd $323+2 bd $383+Base rent Income restricted2600 Elm Street, Terre Haute, IN 47803Apply online • Pet friendly • Fitness center
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Studio $670+Base rent4.5 (4)4049 N. Everett Rd. #A, Muncie, IN 47304Apply online • Pet friendly • In unit laundry
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1 bd $650+Base rent4.0 (8)3225 E. Goldenrod Ave, Terre Haute, IN 47805Apply online • Pet friendly • In unit laundry
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Studio $645+1 bd $479+Base rent4.0 (5)600 W NORTH ST, GREENFIELD, IN 46140Apply online • Pet friendly • Fitness center
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1 bd $4892 bd $617+Base rent4700 East Riverside Drive, Evansville, IN 47714Pet friendly • Fitness center • Pool
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1 bd $323+2 bd $383+Base rent Income restricted2600 Elm Street, Terre Haute, IN 47803Apply online • Pet friendly • Fitness center
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Studio $599+Base rent4.5 (2)3710 N Meridian St, Indianapolis, IN 46208Apply online • Pet friendly • Fitness center
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Studio $4211 bd $2442 bd $400+Base rent202 E. Chestnut Street, Hartford City, IN 47348Apply online • Pet friendly • Dishwasher
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2 bd $700+Total monthly cost3.5 (25)3208 Dody Ave, Michigan City, IN 46360Apply online • Pet friendly • In unit laundry
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Studio $700+Base rent3800 West Michigan, Indianapolis, IN 46222-3385Apply online • Pet friendly • In unit laundry
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Studio $1001 bd $650Base rent5.0 (4)2032 Culbertson Ave., New Albany, IN 47150Apply online • Cat friendly
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1 bd $697+Base rent3821 Lilac Lane, Whitestown, IN 46075Pet friendly • Fitness center • Pool
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Studio $695Base rent3964-74 Washington Street, Gary, IN 46408Apply online
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23 units availableStudio $590Base rent840 Axe Avenue, Valparaiso, IN 46383Apply online • In unit laundry • Air conditioner -
Studio $600Base rent616 Sherman Avenue, South Bend, IN 46616Apply online • Pet friendly • Air conditioner
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2 bd $560Base rent Income restricted15367 Meredith Meadows Dr E, Noblesville, IN 46060Apply online • Pet friendly
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Only 1 unit leftStudio $200Base rent4.5 (4)2800 Dekalb St, Lake Station, IN 46405Apply online -
2 bd $620+Total monthly cost Income restricted3.5 (11)11245 Lantern Rd, Fishers, IN 46038Pet friendly • Dishwasher • Patio/Balcony
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Only 1 unit left1 bd $650Base rent4.5 (12)5620 East 30Th Street, Indianapolis, IN 46218Apply online -
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Only 2 units left2 bd $495Base rent117 8Th Street, Logansport, IN 46947Apply online • Pet friendly -
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Only 1 unit left1 bd $600Base rent1234 Pike St, Wabash, IN 46992Apply online • Pet friendly -
5 units available2 bd $638+Base rent Income restricted5.0 (4)1736 East 7Th Ave., Gary, IL 46402Apply online • Pet friendly -
1 bd $538+Total monthly cost Income restricted4.5 (14)415 W. Taylor Street, Shelbyville, IN 46176Pet friendly • Fitness center • Dishwasher
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Only 2 units left1 bd $700Base rentShell Apartments, Corydon, IN 47112Apply online • Pet friendly
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Frequently asked questions
When were prices and availability in Indiana last updated?
Prices and availability in Indiana were last updated on 18 Jul 2026.
What are the best apartments in Indiana?
The best apartments in Indiana are: The Element @ St Andrews, 7 Pointe Apartments, Lawrence Landing, River 109 and The Sterling.
What type of rental buildings are in Indiana?
In Indiana, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Indiana's rentals, 55% are small-scale complexes with under 50 units, and 33% are single-family rentals.
Renting apartments in Indiana under $700
Searching for apartments for rent in Indiana under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Indiana, where the average rent is $670 per month, there are 321 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Indiana. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Indiana going for $200 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.