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Apartments for Rent in Indianapolis, IN under $700 – 169 Rentals available

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Indianapolis, IN Demographics

  • Total Population864,447
  • Female 416,893
    Male 447,554
  • Median Age34.2

Average Rent in Indianapolis, IN

  • Indianapolis, IN Average Rental Price, May 2021 $956 /mo

Indianapolis, IN Apartment Rent Ranges

  • $501-$70017%
  • $701-$1,00049%
  • $1,001-$1,50029%
  • $1,501-$2,0003%
  • > $2,0001%

Indianapolis, IN Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 May / 2021
Indianapolis, IN $820 $839 $850 $857 $875 $887 $905 $915 $933 $940 $956
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407 $1,428
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Check out the average rent prices in Indianapolis by neighborhood.

Indianapolis, IN Households

  • Total Number of Households338,208
  • Family 183,037
    Non-family 155,171
  • Children 93,309
    No Children 244,899
  • Average People Per Household2.51
  • Median Household Income$47,873
  • Median Housing Costs Per Month$923

Indianapolis, IN Education Statistics

  • No High School4%
  • Some High School37%
  • Some College23%
  • Associate Degree7%
  • Bachelor Degree19%
  • 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 170 apartments for rent in Indianapolis, IN from 47 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 $474 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!