3 Bedroom Apartments for Rent in Indianapolis, IN (449 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: August 04, 2025

There are currently 3841 available 3 Bedroom apartment units from neighborhoods all over Indianapolis, IN that range in price from $1,095 to $11,670. Southeast Indianapolis, Guilford Park and Lexington Farms 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
Southeast Indianapolis51$1,627$1,225
Guilford Park50$2,599$1,765
Lexington Farms47$2,553$1,626
Clearwater44$1,965$1,159
Saddlebrook44$1,415$1,114
Cheswick Place41$1,540$1,188
Nora Far Northside41$2,549$1,399
Morningside Broadmoor39$1,415$1,114
Wiliams Creek39$2,246$1,275
Boulders36$1,655$1,105

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 $3,638. Slate at Fishers District Luxury Villas & Townhomes in the Berkley Place neighborhood has the second largest 3 Bedroom, which is sized at 2,266 square feet and currently listed start at $2,836. Here is today’s list of the largest available 3 Bedroom units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
Solana ApartmentsBeam2,690 Sq Ft$3,638
Slate at Fishers District Luxury Villas & TownhomesShale2,266 Sq Ft$2,836
CityWayThe Mantra Flat2,245 Sq Ft$6,200
The GroundsThe Taflinger2,065 Sq Ft$4,040
Carmel CenterBack Bay1,946 Sq Ft$2,895
Westhaven at AvonAshwick 3x21,879 Sq Ft$2,375
Buckingham & BalmoralBuckingham 3 BR, 2 BA Apartment 1,815 Sq Ft.1,815 Sq Ft$2,065
Casey Corner TownhomesRoxbury1,814 Sq Ft$2,300
Edison at Meridian Hills3 Bedroom Townhome1,750 Sq Ft$1,879

Cheapest Available Indianapolis 3 Bedroom Apartments

As of August 04, 2025 the lowest priced 3 Bedroom apartment unit in Indianapolis, IN is the Three Bedrooms Model starting from $1,112 at The Pines at SoBro in the Keystone-Monon neighborhood. The second most affordable Indianapolis 3 Bedroom is the 3 Bedroom Model at Proctor Place starting at $1,131 in the Garden City neighborhood. The average price for all 3 Bedroom apartments in Indianapolis is currently $2,060. Here is today’s list of the cheapest available 3 Bedroom options in Indianapolis:

Apartment ListingModel NamePriced From
The Pines at SoBroThree Bedrooms$1,112
Proctor Place3 Bedroom$1,131
Broad Ripple TrailsCommons 3 Bedroom$1,149
Estates at Crystal BayThree Bedroom 1.5 Bath Townhouse 1150 sq ft$1,165
Fields Apartments3 Bedroom 2 Bath Apartment$1,188
Timber Point ApartmentsThe Cambridge$1,210
Pinebrook & Library Park ApartmentsThree Bed, Two Bath (D)$1,228
East Village at Avondale Meadows ApartmentsC1$1,238
Beech Meadow ApartmentsElm$1,251
Hills Apartments3 Bedroom 2 Bath Apartment$1,278

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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.

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 The Pines at SoBro listed at $1,112.

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

The average rent for a 3 Bedroom Apartment in Indianapolis is $2,060.

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 $3,638 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 1,854 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.

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

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.