
3 Bedroom Luxury Apartments for Rent in Indianapolis, IN (107 Rentals)


The Block

Nook Nine

The Grounds

Pinnex

220 Meridian

CityWay

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Bayview Club Apartments

The Preserve on Allisonville Townhomes
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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9 On Canal

Solana Apartments

Pinnacle on Meridian

Artistry Indy

CityView on Meridian

The Edge

Summerwood on Towne Line Apartments

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Ralston Apartments

Harrison Place Apartments

Parkside at Castleton Square Apartments and Townhomes
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Scandia Apartments

Overlook at Valley Ridge Apartments

Riley Towers

Circa Apartments

Monon Living

Woodbridge Castleton

Chelsea Village

Ashton Brook

Latitudes Apartments

Aberdeen Apartments
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.

Center Point

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2549 Columbia Ave, Unit SI ID1332865P

1747 S Meridian St, Unit 1747

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615 N East St, Unit SI ID1596511P

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2905 Halifax Dr, Unit SI ID1536665P

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10363 Fairmont Ln, Unit SI ID1522300P

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518 Prospect St, Unit SI ID1357365P

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518 Prospect St, Unit SI ID1353834P

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2307 E 65th St, Unit SI ID1328005P

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337 Sanders St, Unit SI ID1322532P
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Total Monthly Price
2834 N Washington Blvd, Unit SI ID1303785P

5850 Devington Cir

2838 N Washington Blvd

8538 Gandy Ct

The Fort Apartments

Shore Acres

PICCADILLY

740 E North St

747 Apartments

Woods of West Carmel
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,204 | $556 | $6,490 |
| Indianapolis 1 Bedroom Apartments | $1,379 | $543 | $3,999 |
| Indianapolis 2 Bedroom Apartments | $1,661 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments | $2,028 | $799 | $8,628 |
| Indianapolis 4 Bedroom Apartments | $2,543 | $600 | $8,291 |
| Indianapolis 5 Bedroom Apartments | $6,483 | $2,800 | $10,000+ |
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Indianapolis, IN Local Guide
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Your 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One 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 Maison Gardens Apartments listed at $870.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,028.
What is the largest available 3 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,645 square feet unit starting from $1,879 at The Residences on 56th.
What is the average size for Indianapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Indianapolis is currently 1,568 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

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.