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3 Bedroom Apartments
Addison Creek
58 Port Ocall DrIndianapolis, IN 46224
Cheap 3 Bedroom Apartments for Rent in Indianapolis, IN from $799 (85 Rentals) Page 2 of 2
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Valley Brook MHC
4620 S High School RdIndianapolis, IN 46241
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Cloverleaf Apartments & Townhomes
835 Cloverleaf TerIndianapolis, IN 46241
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Deerfield Acres
4000 Foltz StIndianapolis, IN 46221
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Maison Gardens Apartments
8808 Rue Madeleine RueIndianapolis, IN 46226
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Brownstone Apartments
3360 N Meridian StIndianapolis, IN 46208
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Red Maple Grove
2901 E Tabor StIndianapolis, IN 46203
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Pinewood Village Apartments
5402 Norfolk WayIndianapolis, IN 46224
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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3 Bedroom Apartments
Rosedale Hills
2139 E Hanna AveIndianapolis, IN 46227
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Whispering Pines
4444 Mission DrIndianapolis, IN 46254
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Cavalier Court
9108 E 38th PlIndianapolis, IN 46235
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East Ridge
2302 N Ritter AveIndianapolis, IN 46218
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Oxmoor Indy
3640 N Meridian StIndianapolis, IN 46208
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Historic Audubon Court
5703 E Washington StIndianapolis, IN 46219
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Charleston East Apartments
6938 E 10th StIndianapolis, IN 46219
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3 Bedroom Apartments
Proctor Place
240 N Warman AveIndianapolis, IN 46222
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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3 Bedroom Apartments
Postbrook East Apartments
9265 E 41st StIndianapolis, IN 46235
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Heather Ridge
3245 Heather Ridge DrIndianapolis, IN 46214
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East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
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Remington on Rockville
7455 Rockleigh AveIndianapolis, IN 46214
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Braeburn Village
2170 Braeburn East DrIndianapolis, IN 46219
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Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
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9000 Westfield Apartments
9000 Westfield BlvdIndianapolis, IN 46240
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South & Madison
1819 Madison Village DrIndianapolis, IN 46227
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
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3 Bedroom Apartments
Stonegate Apartments
1220-1226 N Illinois StIndianapolis, IN 46202
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$1,177 - $1,8223 Bedroom Apartments Available Aug 26
Beech Meadow Apartments
147 Diplomat CtBeech Grove, IN 46107
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Rent Specials
$1,299 - $1,5253 Bedroom Apartments Available Now
Westminster Apartments and Townhomes
921 Parliament PlGreenwood, IN 46142
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The Commons at Wynne Farms Apartments
2828 Redrock Rd WBrownsburg, IN 46112
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Arbor Manor
212 Churchill DrMooresville, IN 46158
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Greenwood MHP
7248 W Stones Crossing RdGreenwood, IN 46143
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Haven Homes
556 Ally BlvdPlainfield, IN 46168
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Pebble Creek
225 Pebble Creek DrGreenwood, IN 46143
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Beacon Pointe Apartments
1206 Beacon Pointe DrGreenwood, IN 46143
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Cumberland Cottages
13995 Cumberland RdFishers, IN 46038
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Camby Crossing
7402 Camby Crossing DrCamby, IN 46113
Showing Results 51-85, Page 2 of 2
Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,203 | $556 | $6,490 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $518 | $4,092 |
| Indianapolis 2 Bedroom Apartments | $1,667 | $650 | $9,037 |
| Indianapolis 3 Bedroom Apartments | $1,997 | $799 | $9,205 |
| Indianapolis 4 Bedroom Apartments | $1,989 | $600 | $9,405 |
| Indianapolis 5 Bedroom Apartments | $5,100 | $950 | $10,000+ |
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Indianapolis, IN Area Reviews
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Write a ReviewWendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Cheap Indianapolis Apartments
What is a cheap apartment in Indianapolis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indianapolis is under $700.
What is the price of a cheap apartment in Indianapolis?
The cheapest apartment in Indianapolis is Maison Gardens Apartments which is listed at $870, while the average apartment in Indianapolis costs $2,588.
What types of apartments are the cheapest in Indianapolis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5,741 regular apartments in Indianapolis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Indianapolis?
Cheap apartments in Indianapolis have an average cost of $306 which is $2,282 cheaper than the average rent for all rentals in Indianapolis.
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
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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.
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.
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.
Articles, How-To's, and Tips
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.