3 Bedroom Apartments for Rent in Indianapolis, IN (526 Rentals)

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Indianapolis, IN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Indianapolis 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: November 17, 2025

There are currently 4908 available 3 Bedroom apartment units from neighborhoods all over Indianapolis, IN that range in price from $999 to $8,533. Clearwater, Southeast Indianapolis and Keystone are the neighborhoods that currently have the most 3 Bedroom availability. Here is today's list of the top neighborhoods in Indianapolis with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Clearwater63$1,902$1,275
Southeast Indianapolis63$1,601$1,099
Keystone58$2,427$1,516
Keystone at The Crossing57$2,397$1,516
Wiliams Creek52$2,427$1,249
Nora Far Northside50$2,549$1,381
Noblesville Durbin50$1,923$1,470
Guilford Park48$2,599$1,570
Lexington Farms48$2,549$1,570
Nora45$2,555$1,626

Largest Available Indianapolis 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Indianapolis, IN is found at Solana Apartments in the Nora neighborhood and is 2,690 square feet priced from $3,319. The Residences on 56th Street in the Far Eastside neighborhood has the second largest 3 Bedroom, which is sized at 2,645 square feet and currently listed start at $1,879. Here is today’s list of the largest available 3 Bedroom units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
Solana ApartmentsBeam2,690 Sq Ft$3,319
The Residences on 56th StreetChesapeake2,645 Sq Ft$1,879
Slate at Fishers DistrictShale2,266 Sq Ft$2,655
740 E North St3 Bed 2.5 Bath2,172 Sq Ft$4,150
The GroundsThe Taflinger2,065 Sq Ft$3,499
VersaSculpture2,045 Sq Ft$5,067

Cheapest Available Indianapolis 3 Bedroom Apartments

As of November 17, 2025 the lowest priced 3 Bedroom apartment unit in Indianapolis, IN is the 3 Bed 1.5 Bath Townhome Model starting from $1,047 at El Dorado Apartments in the Cheswick Place neighborhood. The second most affordable Indianapolis 3 Bedroom is the Elm Model at Beech Meadow Apartments starting at $1,099 in the Southeast Indianapolis neighborhood. The average price for all 3 Bedroom apartments in Indianapolis is currently $2,015. Here is today’s list of the cheapest available 3 Bedroom options in Indianapolis:

Apartment ListingModel NamePriced From
El Dorado Apartments3 Bed 1.5 Bath Townhome$1,047
Beech Meadow ApartmentsElm$1,099
The Pines at SoBro3 Bedroom 1 Bath Apartment$1,099
Proctor Place3 Bedroom$1,131
Broad Ripple TrailsCommons 3 Bedroom$1,149
Estates at Crystal BayThree Bedroom 1.5 Bath Townhouse 1150 sq ft$1,149
Timber Point ApartmentsThe Cambridge$1,155
Summit at KeystoneThe Vail$1,209
Bristol Square3 bedroom Townhouse$1,225
East Village at Avondale Meadows ApartmentsC1$1,238

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Indianapolis Overview

Indiana’s capital, Indianapolis, is the state’s largest city and it ranks 13th in the country for size. It sits near the convergence of the White River and Fall Creek. Recently, Forbes ranked Indianapolis as having one of the best downtowns in the country because of its appealing appearance as well as amenities like movie theaters, museums, art galleries, parks, retail shops and entertainment. Indianapolis has experienced moderate growth in the last few years, and currently has a population of nearly 840,000 residents.

Why live in Indianapolis, IN?

In Indianapolis, if you are a sports fan, you are in luck. The city boasts many sports-related venues and activities. There is a lot to do if you love history, art, and the outdoors as well (in the warmer months, of course!). Here are some of the highlights the city has to offer:

Pet Friendly Lifestyle
Indianapolis, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Getting Around Indianapolis, IN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Indianapolis, IN Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Wendy • 3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

Frequently Asked Questions about 3 Bedroom Indianapolis Apartments

What is the Cheapest apartment in Indianapolis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Indianapolis is at El Dorado Apartments listed at $1,047.

How much is the average rent for a 3 Bedroom Indianapolis Apartment?

The average rent for a 3 Bedroom Apartment in Indianapolis is $2,015.

What is the largest available 3 Bedroom Indianapolis Apartment for rent?

Today's apartment with the most square footage in Indianapolis is a 2,690 square feet unit starting from $3,319 at Solana Apartments.

What is the average size for Indianapolis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Indianapolis is currently 1,632 sq ft.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.