Apartments for Rent in Indianapolis, IN under $700
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Studio $699+Base rent4959 Oakhurst Drive, Indianapolis, IN 46254Apply online • Pet friendly • Dishwasher
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Rent specialsStudio $629+Base rent4.5 (2)3710 N Meridian St, Indianapolis, IN 46208Apply online • Pet friendly • Fitness center
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Rent specialsStudio $700+Base rent3800 West Michigan, Indianapolis, IN 46222-3385Apply online • Pet friendly • Air conditioner
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1 bd $590+Base rent940 Wild Indigo Lane, Indianapolis, IN 46227Pet friendly • Fitness center • Patio/Balcony
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2 bd $569Base rent3.5 (65)3810 Cooper Square Court, Indianapolis, IN 46205Apply online • Pet friendly • Pool
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Only 1 unit leftStudio $700+Base rent2390 Woodglen Drive, Indianapolis, IN 46260Apply online • Pet friendly • Patio/Balcony
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Studio $581Base rent210 East Michigan Street, Indianapolis, IN 46204Pet friendly • Dishwasher • Laundry Facilities
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1 bd $650Base rent4.5 (12)5620 East 30Th Street, Indianapolis, IN 46218
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1 bd $5002 bd $550Base rent4.0 (7)5719 Massachusetts Ave, Indianapolis, IN 46218
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3 bd $700Base rent1902 Wilcox Street, Indianapolis, IN 46222Pet friendly
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1 bd $525Base rent Income restricted4.5 (3)19 N. Oxford St., Indianapolis, IN 46201Pet friendly
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2 bd $575+Base rent Income restricted4.5 (5)17 South Oxford Street, Indianapolis, IN 46201Pet friendly
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1 bd $540Base rent Income restricted4.0 (3)23 North Rural Street, Indianapolis, IN 46201Pet friendly
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Ask for pricingIncome restricted4.5 (5)69 N. German Church Road, Indianapolis, IN 46229Fitness center • In unit laundry • Dishwasher
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Ask for pricingIncome restricted2602 Founders Square Drive, Indianapolis, IN 46224Fitness center • High Speed Internet • Laundry Facilities
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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 11 Nov 2026.
What are the best apartments in Indianapolis, IN?
The best apartments in Indianapolis, IN are: The Abby, Lawrence Landing, The Sterling, 7 Pointe Apartments and Thompson Village Apartments.
What type of rental buildings are in Indianapolis, IN?
In Indianapolis, 44% of the residents are renting compared to 56% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Indianapolis's rentals, 62% are small-scale complexes with under 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 35 apartments for rent in Indianapolis, IN from 15 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.