
1 Bedroom Apartments for Rent in Indianapolis, IN Under $700 (59 Rentals) Page 2 of 2


Kinnley Court

Main Street Commons

Francis Apartments
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.

Clary Crossing Senior Villas

Beacon Pointe Apartments

Broadstone Pointe Senior Apartments

The Commons at Wynne Farms Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

SouthPointe Village Apartments
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,202 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,234 |
| Indianapolis 2 Bedroom Apartments | $1,652 | $515 | $7,340 |
| Indianapolis 3 Bedroom Apartments | $2,016 | $626 | $9,199 |
| Indianapolis 4 Bedroom Apartments | $2,017 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $10,246 | $1,300 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One 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 Maison Gardens Apartments listed at $640.
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 1,400 square feet unit starting from $2,581 at VITRA 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 1,661 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.