Indianapolis/ Real Estate & Development
Published on September 17, 2019
Apartments for rent in Indianapolis: What will $700 get you?7601 Carlton Arms Drive. | Photo: Zumper  

Curious just how far your dollar goes in Indianapolis?

We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to locating apartment rentals in Indianapolis with a budget of up to $700/month.

Take a peek at what rentals the city has to offer, below. (Note: Prices and availability are subject to change.)

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8808 Rue Madeleine (Far Eastside)

Photo: Apartment Guide
Photo: Apartment Guide

Here's this two-bedroom, one-bathroom apartment situated at 8808 Rue Madeleine. It's listed for $610/month for its 860 square feet.

The building has on-site laundry and secured entry. In the unit, expect to see hardwood floors and a dishwasher. Pet owners, take heed: This rental is both dog-friendly and cat-friendly. Be prepared for a $300 pet deposit.

According to Walk Score, this location isn't very walkable and is relatively bikeable.

(See the complete listing here.)

10101 E. Montery Road (Far Eastside)

Photo: Apartment Guide
Photo: Apartment Guide

Next, check out this 640-square-foot one-bedroom, one-bathroom apartment that's located at 10101 E. Montery Road. It's listed for $612/month.

The building features assigned parking, on-site laundry and a swimming pool. In the unit, expect to find a dishwasher, hardwood floors and a balcony. Animals are welcome.

According to Walk Score, the area around this address is car-dependent, is somewhat bikeable and has a few nearby public transportation options.

(See the complete listing here.)

7601 Carlton Arms Drive (Fall Creek)

Photo: Zumper

Then, located at 7601 Carlton Arms Drive, here's a 431-square-foot studio apartment that's also listed for $612/month.

The unit comes furnished and has in-unit laundry, a renovated kitchen and a dishwasher. Amenities offered in the building include assigned parking. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly.

Per Walk Score ratings, the surrounding area is moderately walkable, is fairly bikeable and has a few nearby public transportation options.

(See the complete listing here.)

3708 Lickridge Lane North Drive (South Emerson)

Photo: Apartment Guide

Listed at $619/month, this 950-square-foot two-bedroom, one-bathroom apartment is located at 3708 Lickridge Lane North Drive.

The building features on-site laundry and a swimming pool. Also, expect to find a balcony in the apartment. Pet owners, take heed: The property is both dog-friendly and cat-friendly.

According to Walk Score, this location isn't very walkable, isn't particularly bikeable and doesn't offer many public transit options.

(Take a look at the complete listing here.)

1517 N. Tuxedo St. (Near Eastside)

Photo: Zumper
Photo: Zumper

Finally, here's a 1,152-square-foot two-bedroom, one-bathroom spot at 1517 N. Tuxedo St. that's going for $620/month.

In the residence, you'll see air conditioning and carpeted flooring. Cats and dogs are not allowed. Future tenants needn't worry about a leasing fee.

Per Walk Score ratings, the surrounding area isn't very walkable, is fairly bikeable and has some transit options.

(Check out the complete listing here.)

Working with a tight budget? Here are the cheapest rentals recently listed in Indianapolis.


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.