
Cheap Studio Apartments for Rent in the Circle City Neighborhood of Indianapolis, IN from $665 (45 Rentals)


Dunbar Court

INDY FLATS

St. Agnes Apartments

Priscilla on Pennsylvania

The Washington

Total Monthly Price
9 On Canal

Circle City

Lofts on Madison
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Riley Towers

Circa Apartments

Riverview

Vanguard at 16 Tech

Artistry Indy

Lockerbie Lofts

Axis

The Leo

Ardmore Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

360 Market Square

Pulliam Square

The Continental Towers at Vermont Place

Cosmopolitan on the Canal

CityWay

INDY INDIE ARTIST COLONY

The Jordan

Windsor

PICCADILLY
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Harrison

The Marleigh

Traymore Apartments

The Rotherwood Apartments

Senate Manor Apartments

The Victoria Apartments

Senate Manor

Stonegate Apartments

Raleigh
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.

Van Dyke

The Maryden

Spink

Grid

The McKay

The Whit Apartments

The Congress at Library Square

The Vue

Turnverein Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,328 | $665 | $4,070 |
| Circle City 1 Bedroom Apartments | $1,574 | $497 | $4,071 |
| Circle City 2 Bedroom Apartments | $2,136 | $650 | $5,283 |
| Circle City 3 Bedroom Apartments | $2,797 | $799 | $6,477 |
| Circle City 4 Bedroom Apartments | $1,761 | $979 | $5,481 |
Explore Indianapolis
Frequently Asked Questions about Cheap Circle City Apartments
What is a cheap apartment in Circle City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Circle City is under $919.
What is the price of a cheap apartment in Circle City?
The cheapest apartment in Circle City is INDY FLATS which is listed at $705, while the average apartment in Circle City costs $2,381.
What types of apartments are the cheapest in Circle City?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 132 regular apartments in Circle City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Circle City?
Cheap apartments in Circle City have an average cost of $347 which is $2,034 cheaper than the average rent for all rentals in Circle City.
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.