
3 Bedroom Apartments for Rent in Franklin, IN (67 Rentals)


The Row Apartments

The Links at Franklin

Lakeview Apartments

940 Ravine Dr

2318 Blackthorn Dr

2162 Turning Leaf Dr

1476 Michigan Rd

963 Redwood Dr

1334 Grand Canyon Cir
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2391 Bristol Dr

2170 Bridlewood Dr

2373 Blackthorn Dr

826 Colonial Way

571 Bay Ct N

1159 Spring Meadow Ct

1229 S Aberdeen Dr

1082 Sunmeadow Cir

1199 Hospital Rd

1199 Hospital Rd
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

1905 Chambers Dr

1572 Brookfield Cir

2230 Cedarmill Dr

Homestead at Hillview

751 E Jefferson St

150 S Main St

Franklin Place Apartments

Stonebrook of Franklin

City View Farm Apartments

Brookfield Townhomes
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Brixin Franklin

Arlington Farms

ARLO Apartments

Allure Apartments LLC

Flats at Stones Crossing

Auburn Place

Westminster Apartments and Townhomes

Maverick Modern Apartments

Autumn Chase

Hartshire Lakes Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Yorktowne Farms Community

Total Monthly Price
Copper Chase at Stones Crossing

The Timbers Apartments

Keeneland Crest Apartments

Ashmore Trace

The Hangar on Emerson

Total Monthly Price
Summit Pointe

Devonshire Apartments

Mission Hills

Polo Run Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Franklin, IN Local Guide

How much does it cost to rent an apartment in Franklin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Studio Apartments | $1,230 | $775 | $1,381 |
| Franklin 1 Bedroom Apartments | $1,314 | $866 | $2,227 |
| Franklin 2 Bedroom Apartments | $1,517 | $920 | $2,549 |
Franklin 3 Bedroom Apartments | $1,946 | $1,296 | $3,790 |
| Franklin 4 Bedroom Apartments | $1,725 | $1,725 | $1,725 |
Browse Top Apartments in Franklin
See all Apartments in FranklinExplore Franklin
Franklin, IN Local Guide
- Franklin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Franklin 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Franklin, IN is found at Arlington Farms in the Southeast Indianapolis neighborhood and is 1,525 square feet priced from $1,895. Allure Apartments LLC in the Barton Lakes neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,995. Here is today’s list of the largest available 3 Bedroom units in Franklin:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Arlington Farms | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,895 |
| Allure Apartments LLC | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,995 |
| Copper Chase at Stones Crossing | Platinum | 1,436 Sq Ft | $1,662 |
| The Hangar on Emerson | Takeoff | 1,433 Sq Ft | $2,060 |
| The Links at Franklin | L3-SUN | 1,396 Sq Ft | $2,000 |
| ARLO Apartments | Otis | 1,369 Sq Ft | $2,080 |
| Yorktowne Farms Community | 3 Bed 2.5 Bath Townhome | 1,209 Sq Ft | $1,550 |
| City View Farm Apartments | The Panorama | 1,206 Sq Ft | $1,658 |
| Devonshire Apartments | The Windsor | 1,206 Sq Ft | $1,518 |
| Hartshire Lakes Apartments | Hawthorn | 1,165 Sq Ft | $1,753 |
Cheapest Available Franklin 3 Bedroom Apartments
As of March 12, 2026 the lowest priced 3 Bedroom apartment unit in Franklin, IN is the 3 Bed 1.5 Bath Model starting from $1,375 at Yorktowne Farms Community in the Tracy Commons neighborhood. The second most affordable Franklin 3 Bedroom is the 3A Model at Community Place starting at $1,390 in the Winchester Village neighborhood. The average price for all 3 Bedroom apartments in Franklin is currently $1,946. Here is today’s list of the cheapest available 3 Bedroom options in Franklin:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Yorktowne Farms Community | 3 Bed 1.5 Bath | $1,375 |
| Community Place | 3A | $1,390 |
| Westminster Apartments and Townhomes | Lincoln | $1,450 |
| Ashmore Trace | 3 Bedroom Townhome | $1,511 |
| Devonshire Apartments | The Windsor | $1,518 |
| Auburn Place | 3 Bedroom 1.5 Bath | $1,612 |
| City View Farm Apartments | The Panorama | $1,658 |
| Copper Chase at Stones Crossing | Platinum | $1,662 |
| Hartshire Lakes Apartments | Hawthorn | $1,753 |
| The Links at Franklin | L3 | $1,799 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Franklin, IN
Franklin Community High School
Franklin Community Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin, IN Rentals by Map
See the most popular apartments and homes in Franklin, IN
Frequently Asked Questions about 3 Bedroom Franklin Apartments
What is the Cheapest apartment in Franklin with 3 Bedroom?
Currently the most affordable 3 Bedroom in Franklin is at Yorktowne Farms Community listed at $1,375.
How much is the average rent for a 3 Bedroom Franklin Apartment?
The average rent for a 3 Bedroom Apartment in Franklin is $1,946.
What is the largest available 3 Bedroom Franklin Apartment for rent?
Today's apartment with the most square footage in Franklin is a 1,525 square feet unit starting from $1,895 at Arlington Farms.
What is the average size for Franklin 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Franklin is currently 1,502 sq ft.
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.