
3 Bedroom Luxury Apartments for Rent in Indianapolis, IN (108 Rentals) Page 2 of 3


747 Apartments

Woods of West Carmel

Carmel Center

Trulo Homes Bridle Creek

Signature at Carmel

Apex at Perry Crossing

LEO at Carmel -Single Family Rental Homes

Whitman Villas

The Steadman Apartments of Carmel
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.

The Hamilton at Fishers

Sylo

The Union Flats at Fishers District

Wild Air Landing

The E - Elevated Living in Whitestown

Sophia Square

The Retreat at Carmel

The Wren & The Windsor in Carmel City Center

Runaway Bay Apartments

Total Monthly Price
Meridian Homes at Sycamore Drive
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.

The Kent at Carmel City Center

The Mark at Fishers District

Reveal on Cumberland Apartments

Crossing 5

The State at Fishers Apartments

Hyde Park Towns & Flats

Echo Park at Perry Crossing

The Residences at Carmel City Center

Total Monthly Price
Slate at Fishers District

Double Creek Flats 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.

Lavina

Canyon Club at Perry Crossing

Depot at Nickel Plate

Providence at Old Meridian

Governor Square

The Railyard at Midtown

Nese Apartments

Bella Vista Apartments

Avant

The Flats at Fishers Marketplace
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

Old Town On The Monon

Total Monthly Price
The Hangar on Emerson

Devonshire Apartments

Alexandria of Carmel Apartments

Steeplechase at Shiloh Crossing

Total Monthly Price
6063 Station Way, Unit SI ID1492766P

Total Monthly Price
2155 Shadowbrook Dr, Unit SI ID1228635P

13847 Catalina Dr

Highpointe on Meridian

The District
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 | $1,199 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $497 | $4,262 |
| Indianapolis 2 Bedroom Apartments | $1,660 | $515 | $7,674 |
| Indianapolis 3 Bedroom Apartments | $2,017 | $626 | $9,886 |
| Indianapolis 4 Bedroom Apartments | $2,106 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,293 | $1,300 | $10,000+ |
Explore Indianapolis
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 $2,017.
What is the largest available 3 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,600 square feet unit starting from $1,675 at Mansion Row - Where Historic Charm Meets Modern Convenience!.
What is the average size for Indianapolis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Indianapolis is currently 1,451 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.

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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.