1 Bedroom Apartments for Rent in Indianapolis, IN Under $700 (56 Rentals)

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Charmwood Terrace
1 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Addison Creek
1 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226
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Estate View
1 Bedroom Apartments

Estate View

6768 S East StIndianapolis, IN 46227
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Barbee
1 Bedroom Apartments

Barbee

1215 N Pennsylvania StIndianapolis, IN 46202
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Historic Bauer
1 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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Remington on Rockville
1 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
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Red Maple Grove
1 Bedroom Apartments

Red Maple Grove

2901 E Tabor StIndianapolis, IN 46203
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Marblehead
1 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
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Historic Dorchester
1 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205
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Rosedale Hills
1 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Hampshire Court
1 Bedroom Apartments

Hampshire Court

2455 Rolls DrIndianapolis, IN 46268
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Oxmoor Indy
1 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
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Whispering Pines
1 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
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East Ridge
1 Bedroom Apartments

East Ridge

2302 N Ritter AveIndianapolis, IN 46218
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Volrath
1 Bedroom Apartments

Volrath

118 Palmer StIndianapolis, IN 46225
Student Housing

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Butler Place
1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219
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VILLAGE AT FALL CREEK
1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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Cavalier Court
1 Bedroom Apartments

Cavalier Court

9108 E 38th PlIndianapolis, IN 46235
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Emerson Place
1 Bedroom Apartments

Emerson Place

2110 Emerson Knoll PlIndianapolis, IN 46218
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Stone Lake
1 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Blackstone
1 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143
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Main Street Commons
1 Bedroom Apartments

Main Street Commons

635 E Main StGreenwood, IN 46143
Senior Living
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Indianapolis, IN Local Guide

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Indianapolis, IN Area Reviews

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Wendy • 3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

Frequently Asked Questions about 1 Bedroom Indianapolis Apartments

What is the Cheapest apartment in Indianapolis with 1 Bedroom?

Currently the most affordable 1 Bedroom in Indianapolis is at 1010 Central listed at $518.

How much is the average rent for a 1 Bedroom Indianapolis Apartment?

The average rent for a 1 Bedroom Apartment in Indianapolis is $1,371.

What is the largest available 1 Bedroom Indianapolis Apartment for rent?

Today's apartment with the most square footage in Indianapolis is a 1,380 square feet unit starting from $1,300 at Chapel Hill Apartments.

What is the average size for Indianapolis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Indianapolis is currently 698 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Articles, How-To's, and Tips

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.