The Block
50 N Illinois St,
Indianapolis, IN 46204
$1,399 - $2,979
1-3 Beds
Area Guide
Downtown Indianapolis is a true marvel of American urban design, and is rightly recognized as one of the stylistic gems of the Midwest. The grand architecture of the various government buildings and museums ranges from neoclassical to ultra-modern, creating a timeless and visually stunning environment. Huge monuments and war memorials punctuate the landscape as well – in fact, Indianapolis has more such public tributes than any city in America apart from Washington, DC. Downtown features a thriving nightlife scene, mainly along Meridian Street and Massachusetts Avenue and incorporating an immense selection of bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere and the popular Food Truck Fridays delivering more eclectic fare during the summer months. The Downtown housing market is unique and diverse, ranging from upscale high-rise units to an abundance of surprisingly affordable studio apartments, and dozens of apartment buildings appear on the National Register of Historic Places. The abundance of lower-cost options is great for students (as well as faculty and staff) attending Indiana University - Purdue University Indianapolis, whose campus sits along the White River on the west side of Downtown.
As of May 2026, the average apartment rent in Circle City is $1,270 for a studio, $1,517 for one bedroom, $2,027 for two bedrooms, and $2,906 for three bedrooms. Apartment rent in Circle City has decreased by -1.2% in the past year.
Studio
519 sq ft
Average Sq Ft
$1,270/month
Average Rent
1 BR
745 sq ft
Average Sq Ft
$1,517/month
Average Rent
2 BR
1,123 sq ft
Average Sq Ft
$2,027/month
Average Rent
3 BR
1,551 sq ft
Average Sq Ft
$2,906/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Circle City - Indianapolis, IN is for everyday living.
Very Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Exceptionally Bikeable
Bikeability
Circle City - Indianapolis, IN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Circle City - Indianapolis, IN provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Circle City - Indianapolis, IN from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Good Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
3,524
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.