
Cheap Apartments for Rent in the Circle City Neighborhood of Indianapolis, IN from $400 (99 Rentals)
Search the lowest-cost Apartments available for rent right now in the Circle City area of Indianapolis.


Dunbar Court

St. Agnes Apartments

The Washington

Devonshire Apartments in Downtown Indianapolis

The Whitaker

Traymore Apartments

Utomin Apartments

Priscilla on Pennsylvania
Circle City
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Artistry Indy

Circle City Apartments

Maryden on Central

Lockefield Gardens

River West Flats

Christian Place Apartments

Maxwell Apartments

549 N Senate Ave

College Manor

Drake Street Garden Homes

Riley Towers

Five Twenty Virginia

Vanguard at 16 Tech

126 E Vermont St

239 E 9th St

Canal Square

Stadium Lofts & Flats

Ralston Apartments

Riverview

Canal Overlook Apartments

Lockerbie Lofts

Temple Lofts

9 on Canal

Lofts on Madison

946 MLK

Indy Colonial Apartments

The E'Laan

333 Penn Apartments

The Continental Towers at Vermont Place

Gardens of Canal Court

Wyndham Apartments

Circa Apartments

Mozzo apartments

406 N Delaware St

Nine+Eighteen

Slate Apartments

Industry Indianapolis
Circle City, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Circle City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Circle City Studio Apartments | $1,273 | $605 | $3,072 |
Circle City 1 Bedroom Apartments | $1,554 | $750 | $3,646 |
Circle City 2 Bedroom Apartments | $2,153 | $1,035 | $7,871 |
Circle City 3 Bedroom Apartments | $2,818 | $1,662 | $8,137 |
Circle City 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 99 rentals with your search options within a 2 mile radius of the Circle City Neighborhood of Indianapolis, IN.
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Circle City, Indianapolis, IN Local Guide
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Cheapest Available Circle City Apartments for Rent
 The cheapest available apartment rental in the Circle City area of Indianapolis, IN is a Studio unit found at Illinois Street Senior Apartments priced from $462. 1010 Central has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Circle City apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Illinois Street Senior Apartments | Studio 3 30% | Studio,1BA | $462 |
1010 Central | Loft 40% | 1BR,1BA | $690 |
St. Agnes Apartments | *Studio- Loft | Studio,1BA | $740 |
The Seminole | 1br | 1BR,1BA | $833 |
Devonshire Apartments in Downtown Indianapolis | 1BR/1.0BA | 1BR,1BA | $840 |
Priscilla on Pennsylvania | Studio | Studio,1BA | $875 |
Artistry Indy | Edie (EcoSuite) | Studio,1BA | $878 |
Van Dyke | Van Dyke Studio 463 | Studio,1BA | $970 |
Circle City Apartments | Van Dyke Studio 463 | Studio,1BA | $970 |
Lockefield Gardens | Standard One Bedroom (S1) | 1BR,1BA | $991 |
Best Value Apartments for Rent in Circle City, IN
As of April 09, 2025 the best value apartment in the Circle City area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,199. The second greatest value Circle City apartment is the Two Bedroom Two Bath (1,184 - 1,194 Square Feet) Model at Gardens of Canal Court starting at $1,543 with a $1.29 price per square foot in the Near North Indianapolis neighborhood. Here is today’s list of the best values for Circle City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Block | 3 Bedroom 2 Bath | 3BR,2BA | $1.24 |
Gardens of Canal Court | Two Bedroom Two Bath (1,184 - 1,194 Square Feet) | 2BR,2BA | $1.29 |
Indy Colonial Apartments | Two Bedroom | 2BR,1BA | $1.36 |
Penn Street Tower Apartments | Senate | 2BR,1BA | $1.37 |
707 North | The Lockerbie 60% | 2BR,2BA | $1.31 |
Lockerbie Flats | 1 Bedroom | 1BR,2BA | $1.48 |
Indiana Flats and Townhomes | 2 x 1 | 2BR,1BA | $1.49 |
The Seminole | 1br | 1BR,1BA | $1.13 |
1010 Central | Garage 60% | 1BR,1BA | $1.58 |
College Manor | 1 BR | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Getting Around the Circle City Neighborhood in Indianapolis, IN
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
62 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Circle City Apartments
What is the Cheapest Studio apartment in Circle City?
Currently the most affordable Cheap Studio Apartment in Circle City is at Illinois Street Senior Apartments listed at $462.
How much is rent for a Cheap One Bedroom Circle City Apartment?
The lowest price for a Cheap One Bedroom Circle City Apartment is $690 at 1010 Central.
What is the lowest price for a Cheap Two Bedroom Circle City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Circle City is starting from $1,095 at Indiana Flats and Townhomes.
What is the most affordable Circle City Three Bedroom Apartment?
The best deal on a cheap Circle City Three Bedroom Apartment rental is at Artistry Indy and starts from $2,151.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.