2 E Washington St
IndianapolisIN46204
Cheap Homes for Rent in Circle City Neighborhood of Indianapolis, IN from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Circle City area of Indianapolis.
3 E Washington St
IndianapolisIN46204
37 West St Clair Street
IndianapolisIN46204
653 Birch Ave
IndianapolisIN46221
655 Birch Ave
IndianapolisIN46221
410 E 16th St
IndianapolisIN46202
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412 E 16th St
IndianapolisIN46202
501 Madison Ave
IndianapolisIN46225
830 N California St
IndianapolisIN46202
832 N California St
IndianapolisIN46202
946 Doctor M.L.K. Jr St
IndianapolisIN46202
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420 E Ohio St
IndianapolisIN46204
639 Stevens St
IndianapolisIN46203
230 E 9th St
IndianapolisIN46204
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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 | $2,068 | $850 | $3,800 |
| Circle City 3 Bedroom Homes for Rent | $2,491 | $945 | $3,750 |
| Circle City 4 Bedroom Homes for Rent | $2,147 | $1,795 | $2,500 |
| Circle City 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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. Dunbar Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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 |
| Dunbar Court | 1 bedroom | 1BR,1BA | $875 |
| Devonshire Apartments in Downtown Indianapolis | 1BR/1.0BA | 1BR,1BA | $890 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $891 |
| The Whitaker | One Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Circle City, IN
As of November 11, 2025 the best value apartment in the Circle City area is the $1.00 price per square foot loft Model at Shoemaker Building in the in the Riley neighborhood starting from $1,800. The second greatest value Circle City apartment is the 2 Bedroom 2 Bath Model at The Block starting at $1,999 with a $1.11 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 | $1.00 |
| The Block | 2 Bedroom 2 Bath | 2BR,2BA | $1.11 |
| Indy Colonial Apartments | 311 | 1BR,1BA | $1.05 |
| Gardens of Canal Court | One Bedroom One Bath (970 - 976 Square Feet) | 1BR,1BA | $1.32 |
| Canal Gardens | 2.1 40% | 2BR,1BA | $0.93 |
| Trail Side | A | 1BR,1BA | $1.12 |
| Dunbar Court | 1 bedroom | 1BR,1BA | $1.14 |
| The Washington | 2 Bedroom | 2BR,1BA | $1.47 |
| College Manor | 1 BR | 1BR,1BA | $1.48 |
| The Whitaker | One Bedroom | 1BR,1BA | $1.49 |
Frequently Asked Questions about Circle City
What type of rentals are currently available in Circle City?
There are currently 216 Apartments for Rent in Circle City, IN with pricing that ranges from $650 to $7,280. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Circle City ranging from $750 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 $750 to $3,800 with an average monthly rent of $1,982.
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 $1,900 to $7,280, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $899.
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.
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!
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.