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Apartments under $700 for Rent in Indianapolis, IN

154 Rentals
.
  19. Building Photo - Dunbar Court
    STUDIO
    $665

    Dunbar Court

    1022 Dr Martin Luther King St, Indianapolis, IN 46202
  22. Washing machine - 6531 E Daisy Hill Ct
    1 BED, 1 BATH
    $700
    Total Monthly Price Total Monthly Price New
    Base Rent$700
    Required Monthly FeesNone
    Total Monthly Price$700

    6531 E Daisy Hill Ct

    6531 E Daisy Hill Ct, Camby, IN 46113
    Apply
  37. Call for Rent

    Windmill

    10705 E Us-136, Indianapolis, IN 46234
  38. 1 BED
    $699

    Oxmoor Indy

    3640 N Meridian St, Indianapolis, IN 46208
  39. 2 BEDS
    $602

    Hopeside I

    2005 E 25th St, Indianapolis, IN 46218
  40. STUDIO
    $575

    D&T Nest

    5824 E Washington St, Indianapolis, IN 46219
Showing 42 of 43 results, Page 1 of 2

Living & Renting in Indianapolis

Indianapolis at a Glance

Average Rent

$1,119
(All bedrooms and property types)
Learn more about
Average Rent in Indianapolis
8

School Rating

out of 10 Rating
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Schools in Indianapolis

Indianapolis, IN Apartments for Rent

Indianapolis, the "Crossroads of America," serves as Indiana's capital and largest city, strategically positioned where major interstates connect the Midwest to the rest of the nation. If you're searching for apartments for rent in Indianapolis, you'll discover an affordable market with one-bedroom units averaging $1,108 per month—making it a smart choice for budget-conscious renters who want quality housing without big-city price tags.

Renting in Indianapolis opens doors to diverse neighborhoods that match different lifestyles and preferences. Downtown's Mile Square district puts you steps from offices, entertainment venues, and the scenic Canal Walk, while Broad Ripple offers a more relaxed atmosphere with local shops and direct access to the popular Monon Trail for outdoor enthusiasts. The city's robust job market spans healthcare, manufacturing, and logistics sectors, with major employers offering stable career opportunities. You'll enjoy reasonable commute times of 20-30 minutes throughout the city, plus easy access to attractions like Lucas Oil Stadium, the Indianapolis Motor Speedway, Eagle Creek Park, and a thriving arts scene in neighborhoods like Fountain Square.

Renting in Indianapolis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Indianapolis

(For 1 bedroom apartments)

Education

Public University
Public University
Public University
Private University
Private University
GreatSchools Rating
Franklin Central High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Perry Meridian High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Herron High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
North Central High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Ben Davis University High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Perry Meridian Middle School

Public Middle School

Public
Grades 6-8
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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