Cheap Homes for Rent in Circle City Neighborhood of Indianapolis, IN from $600 (18 Rentals)

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

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Showing Results 1-18, Page 1 of 1

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 Priscilla on Pennsylvania priced from $875. The Seminole has the second lowest priced unit, which is a 1 Bed apartment currently listed from $938. Here are the most affordable Circle City apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Priscilla on PennsylvaniaStudioStudio,1BA$875
The Seminole1br1BR,1BA$938
Lockefield GardensSR2 (One Bedroom One Bathroom)1BR,1BA$954
Utomin Apartments2 Bedroom2BR,1BA$975
River West FlatsStudioStudio,1BA$999

Best Value Apartments for Rent in Circle City, IN

As of July 31, 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 Peony Model at Ralston Apartments starting at $2,163 with a $1.26 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
Ralston ApartmentsPeony3BR,3BA$1.26
The Block1 Bedroom 1 Bath1BR,1BA$1.10
Gardens of Canal CourtTwo Bedroom Two Bath (1,184 - 1,194 Square Feet)2BR,2BA$1.29
Penn Street Tower ApartmentsSenate 2 Bedroom 1 Bath Apartment at 115 Penn A...2BR,1BA$1.37
RaleighRaleigh 2B 10042BR,2BA$1.59
Van DykeVan Dyke 1B 8301BR,1BA$1.55
The Seminole1br1BR,1BA$1.28
College Manor1 BR1BR,1BA$1.57
Utomin Apartments2 Bedroom2BR,1BA$1.50

Frequently Asked Questions about Circle City

What type of rentals are currently available in Circle City?

There are currently 215 Apartments for Rent in Circle City, IN with pricing that ranges from $645 to $8,242. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Circle City ranging from $620 to $4,700.

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 $620 to $4,700 with an average monthly rent of $2,098.

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 $1,995 to $6,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,995. Four Bedroom Single-Family rentals are also available starting from $2,700 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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.