| 1 BED | $505+ |
| 2 BEDS | $630+ |
| 2 BEDS | $575+ |
7 Activities for Renters to Do in Indianapolis
Looking for ways to fall in love with Indianapolis as a renter? Here are are some of the hotspots that will do the trick: Broad Ripple Village, NCAA Hall of Champions, Monument Circle, Children’s Museum of Indianapolis or Monon Rail Trail. No matter the time of year, there’s plenty to do and see in Indiana’s […]
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Top 10 Best Neighborhoods for Renters in Indianapolis
If you’re looking to rent in Indy, checking out the best neighborhoods to live in is a must. To make things easier for you, here are some of our top picks: Downtown Indianapolis, Broad Ripple, Castleton, Brockton, Crooked Creek, Bayview and North Willow. The neighborhood where you’ll live as a renter is one of the […]
The post Top 10 Best Neighborhoods for Renters in Indianapolis appeared first on RentCafe rental blog.
Best Schools in Indianapolis, IN for Renters With Kids
Finding the right school for your children can be tough if you’re new to the city. Luckily, here are some of the best picks Indy has to offer renters with families who decide to call this city their home: Speedway Junior High School, Sidener Academy for High Ability Students, Acton Elementary School, Herron High School, […]
The post Best Schools in Indianapolis, IN for Renters With Kids appeared first on RentCafe rental blog.
Prices and availability in Indianapolis, IN were last updated on 20 Nov 2025.
The best apartments in Indianapolis, IN are: Lawrence Landing, Thompson Village Apartments, Quarry at River North, 7 Pointe Apartments and The Abby.
In Indianapolis 45% of the housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 11% of Indianapolis’s apartments are found in large buildings of 50 units or more, 61% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.
Searching for apartments for rent in Indianapolis, IN 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 Indianapolis, IN, where the average rent is $634 per month, there are 26 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.
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 Indianapolis, IN. 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 Indianapolis, IN going for $494 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.
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