Apartments for Rent in Indianapolis, IN under $700
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Studio $629+1 bd $699+Base rent4.5 (2)3710 N Meridian St, Indianapolis, IN 46208Apply online • Pet friendly • Fitness center
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2 bd $569+Base rent3.5 (65)3810 Cooper Square Court, Indianapolis, IN 46205Apply online • Pet friendly • Pool
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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 $581Base rent210 East Michigan Street, Indianapolis, IN 46204Apply online • Pet friendly • In unit laundry
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1 bd $535Base rent Income restricted4.0 (3)23 North Rural Street, Indianapolis, IN 46201Apply online • Pet friendly -
Ask for pricing4301 Falcon Creek Blvd, Indianapolis, IN 462542Pet friendly • In unit laundry • Air conditioner
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1 bd $5002 bd $550Base rent4.0 (7)5719 Massachusetts Ave, Indianapolis, IN 46218 -
3 bd $700Base rent1902 Wilcox Street, Indianapolis, IN 46222Pet friendly
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1 bd $650Base rent4.5 (12)5620 East 30Th Street, Indianapolis, IN 46218 -
1 bd $525Base rent Income restricted4.5 (3)19 N. Oxford St., Indianapolis, IN 46201Pet friendly
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Ask for pricingIncome restricted2602 Founders Square Drive, Indianapolis, IN 46224Fitness center • In unit laundry • High Speed Internet -
2 bd $575+Base rent Income restricted4.5 (5)17 South Oxford Street, Indianapolis, IN 46201Pet friendly -
Ask for pricingIncome restricted4.5 (5)69 N. German Church Road, Indianapolis, IN 46229Fitness center • Dishwasher • Washer/Dryer
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1 bd $700Base rent8420 Metzger Court, Indianapolis, IN 46256Dishwasher • Air conditioner
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Frequently asked questions
When were prices and availability in Indianapolis, IN last updated?
Prices and availability in Indianapolis, IN were last updated on 23 Jun 2026.
What are the best apartments in Indianapolis, IN?
The best apartments in Indianapolis, IN are: 7 Pointe Apartments, Lawrence Landing, The Sterling, Thompson Village Apartments and 220 Meridian.
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.
Renting apartments in Indianapolis, IN under $700
Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 45 apartments for rent in Indianapolis, IN from 14 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $700, and make the most out of your budget.
Finding the best rental near you
Indianapolis, IN is an amazing place to call home, with several rentals under $700 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $500 in Indianapolis, IN, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.