Apartments for Rent in Indianapolis, IN under $700 – 281 Rentals available
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2202 Fair Oaks Dr, Speedway, IN 46224$605 - $1,254
- 1-2 Beds
- 1 Bath
Available Today! -
11023 Elmtree Park Drive, Indianapolis, IN 46229$475 - $575
- Studio-2 Beds
- 1-2 Baths
Available Today! -
10101 E Montery Rd, Indianapolis, IN 46235$442 - $960
- Studio-2 Beds
- 1 Bath
Available Today! -
7980 Dunston Drive, Indianapolis, IN 46239$599 - $799
- Studio-2 Beds
- 1-2 Baths
Available Today! -
1540 Handball Lane, Indianapolis, IN 46260$549 - $769
- Studio-3 Beds
- 1-2 Baths
Available Today! -
4525 N Arlington Ave, Indianapolis, IN 46226$572 - $993
- 1-3 Beds
- 1-1.5 Baths
Available Today! -
5505 Scarlet Drive, Indianapolis, IN 46224$603 - $1,115
- Studio-3 Beds
- 1 Bath
Available Today! -
3714 Bartlett Ave, Indianapolis, IN 46227$569 - $879
- Studio-2 Beds
- 1-2 Baths
Available Today! -
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2085 Waterford Place, Indianapolis, IN 46260$500 - $1,135
- 1-3 Beds
- 1-2 Baths
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7171 Twin Oaks Drive, Indianapolis, IN 46226$619 - $929
- Studio-3 Beds
- 1-1.5 Baths
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1430 & 1420 Madison Ave., Indianapolis, IN 46225$680 - $1,215
- 1-2 Beds
- 1 Bath
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5301 S Turtle Creek Drive, Indianapolis, IN 46227See current rent specials$589 - $974
- 1-3 Beds
- 1-2 Baths
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Apartment5500 Pleasant Hill Circle, Indianapolis, IN 46224$596 - $1,020
- 1-3 Beds
- 1-2 Baths
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Apartment3215 N Alton Ave, Indianapolis, IN 46222$640 - $1,169
- 1-3 Beds
- 1-2 Baths
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Apartment4955 Red Horizon Blvd, Indianapolis, IN 46221$635 - $875
- 1-4 Beds
- 1-1.5 Baths
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Indianapolis, IN Demographics
- Total Population853,431
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Female 411,970Male 441,461
- Median Age34.1
Average Rent in Indianapolis, IN
- Indianapolis, IN Average Rental Price, February 2019$848/mo
Indianapolis, IN Apartment Rent Ranges
- < $5003%
- $501-$70030%
- $701-$1,00048%
- $1,001-$1,50016%
- $1,501-$2,0002%
- > $2,0001%
Indianapolis, IN Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Feb / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Indianapolis, IN | $759 | $777 | $787 | $796 | $807 | $815 | $819 | $820 | $848 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average rent is projected to grow by 3% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 461074618346201462024620346204462054620846214462164621746218462194622046221462224622446225462264622746228462294623146234462354623646237462394624046241462504625446256462594626046268462784628046290
Check out the average rent prices in Indianapolis by neighborhood.
Indianapolis, IN Households
- Total Number of Households333,316
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Family 186,185Non-family 147,131
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Children 97,007No Children 236,309
- Average People Per Household2.51
- Median Household Income$44,709
- Median Housing Costs Per Month$879
Indianapolis, IN Education Statistics
- No High School4%
- Some High School38%
- Some College24%
- Associate Degree6%
- Bachelor Degree18%
- Graduate Degree9%
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. RENTCafé offers you 267 apartments for rent in Indianapolis, IN from 50 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 $452 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 RENTCafé.