Cheap Homes for Rent in Circle City Neighborhood of Indianapolis, IN from $600 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Circle City area of Indianapolis.

Navigating the Rental Market: Tips for First-Time Renters

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Circle City - One of the Best Affordable Neighborhoods in Indianapolis

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

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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 1 Bed unit found at The Seminole priced from $833. Priscilla on Pennsylvania has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Circle City apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Seminole1br1BR,1BA$833
Priscilla on PennsylvaniaStudioStudio,1BA$875
Circle City ApartmentsWinterhouse Studio 389Studio,1BA$910
Christian Place Apartments251BR,1BA$950
Van DykeVan Dyke Studio 463Studio,1BA$970

Best Value Apartments for Rent in Circle City, IN

As of May 10, 2025 the best value apartment in the Circle City area is the $1.08 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,950. The second greatest value Circle City apartment is the Park Avenue Model at The Pointe on Mass starting at $2,370 with a $1.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shoemaker Buildingloft2BR,2BA$1.08
The Pointe on MassPark Avenue2BR,2BA$1.56
The Block1 Bedroom 1 Bath1BR,1BA$1.06
Gardens of Canal CourtTwo Bedroom Two Bath (1,184 - 1,194 Square Feet)2BR,2BA$1.29
707 NorthThe Lockerbie 60%2BR,2BA$1.41
Lockerbie Flats1 Bedroom1BR,2BA$1.48
RaleighRaleigh 1BTH 8861BR,2BA$1.42
Indiana Flats and Townhomes2 x 1 Townhome2BR,1BA$1.63
The Seminole1br1BR,1BA$1.13
College Manor1 BR1BR,1BA$1.57

Frequently Asked Questions about Circle City

What type of rentals are currently available in Circle City?

There are currently 218 Apartments for Rent in Circle City, IN with pricing that ranges from $605 to $9,703. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Circle City ranging from $695 to $6,200.

What is the current price range for Rental Homes in Circle City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Circle City ranges from $695 to $6,200 with an average monthly rent of $2,428.

How much are larger Three and Four Bedroom Rentals in Circle City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Circle City range from $1,789 to $8,833, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,799 to $6,200. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $989.

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.

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

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.