
Cheap Homes for Rent in Circle City Neighborhood of Indianapolis, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Circle City area of Indianapolis.


3 E Washington St

37 West St Clair Street

2 E Washington St

653 Birch Ave

655 Birch Ave

501 Madison Ave

254 N Reisner St

1543 W Ohio St

832 N California St

812 Marion Ave, Unit 814
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 | $2,297 | $850 | $4,000 |
Circle City 3 Bedroom Homes for Rent | $2,616 | $995 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Circle City Neighborhood of Indianapolis, IN.
Explore Indianapolis
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 Vanguard at 16 Tech priced from $581. The Washington has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Circle City apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vanguard at 16 Tech | S1 | Studio,1BA | $581 |
The Washington | Studio | Studio,1BA | $775 |
Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
Artistry Indy | Jacqueline | Studio,1BA | $892 |
The Continental Towers at Vermont Place | Continental Unrenovated - Willard | 1BR,1BA | $899 |
Best Value Apartments for Rent in Circle City, IN
As of September 15, 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 2 Bedroom 1 Bath Model at The Block starting at $1,849 with a $1.55 price per square foot in the Riley 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. |
---|---|---|---|
Shoemaker Building | loft | 2BR,2BA | $1.08 |
The Block | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
Penn Street Tower Apartments | Senate 2 Bedroom 1 Bath Apartment at 115 Penn A... | 2BR,1BA | $1.37 |
Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
Van Dyke | Van Dyke 1B 830 | 1BR,1BA | $1.55 |
Drake Street Garden Homes | Two Bedroom | 2BR,1BA | $1.38 |
The Whitaker | Two Bedrooms, One Bathroom | 2BR,1BA | $1.33 |
Indiana Flats and Townhomes | 2 x 1 | 2BR,1BA | $1.49 |
The Seminole | 1br | 1BR,1BA | $1.28 |
College Manor | 1 BR | 1BR,1BA | $1.57 |
Frequently Asked Questions about Circle City
What type of rentals are currently available in Circle City?
There are currently 221 Apartments for Rent in Circle City, IN with pricing that ranges from $650 to $5,900. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Circle City ranging from $599 to $4,500.
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 $4,500 with an average monthly rent of $1,936.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.