2 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Circle City Neighborhood of Indianapolis, IN from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Circle City area of Indianapolis.
37 West St Clair Street
IndianapolisIN46204
410 E 16th St
IndianapolisIN46202
655 Birch Ave
IndianapolisIN46221
653 Birch Ave
IndianapolisIN46221
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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661 Birch Ave
IndianapolisIN46221
412 E 16th St
IndianapolisIN46202
501 Madison Ave
IndianapolisIN46225
946 Doctor M.L.K. Jr St
IndianapolisIN46202
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
639 Stevens St
IndianapolisIN46203
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Circle City, Indianapolis, IN Local Guide
How much does it cost to rent a home in Circle City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Circle City 2 Bedroom Homes for Rent | $1,961 | $895 | $3,800 |
| Circle City 3 Bedroom Homes for Rent | $3,070 | $1,800 | $3,750 |
| Circle City 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Circle City Neighborhood of Indianapolis, IN.
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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 INDY FLATS priced from $705. St. Agnes Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here are the most affordable Circle City apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| INDY FLATS | Sherwood Std D | Studio,1BA | $705 |
| St. Agnes Apartments | 5th Floor Studio Large | Studio,1BA | $785 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | Studio,1BA | $899 |
| Senate Manor | S.1 C | Studio,1BA | $930 |
Best Value Apartments for Rent in Circle City, IN
As of December 22, 2025 the best value apartment in the Circle City area is the $1.39 price per square foot 3 Bedroom 2 Bath Model at The Block in the in the Riley neighborhood starting from $2,459. The second greatest value Circle City apartment is the B1 Model at 946 MLK starting at $1,800 with a $1.19 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 | $1.39 |
| 946 MLK | B1 | 3BR,2BA | $1.19 |
| 929 English Ave, Unit A | 929 English Ave | 2BR,2BA | $1.36 |
| Shoemaker Building | flat | 2BR,2BA | $1.45 |
| The Davlan | 2br 2 ba | 2BR,2BA | $1.34 |
| Gardens of Canal Court | One Bedroom One Bath (992 Square Feet) | 1BR,1BA | $1.37 |
| Indy Colonial Apartments | 311 | 1BR,1BA | $1.05 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| Trail Side | A | 1BR,1BA | $1.12 |
| 522 Fletcher Ave | 1BR/1.5BA | 1BR,1.5BA | $1.40 |
Frequently Asked Questions about Circle City
What type of rentals are currently available in Circle City?
There are currently 225 Apartments for Rent in Circle City, IN with pricing that ranges from $650 to $9,355. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Circle City ranging from $599 to $3,800.
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 $599 to $3,800 with an average monthly rent of $1,925.
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.
Articles, How-To's, and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!