
3 Bedroom Luxury Apartments for Rent in Indianapolis, IN (105 Rentals) Page 2 of 3


Shore Acres

PICCADILLY

740 E North St

Woods of West Carmel

Trulo Homes Bridle Creek

Signature at Carmel

Apex at Perry Crossing

The Hamilton at Fishers
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Steadman Apartments of Carmel

Wild Air Landing

Flats at Stones Crossing

The E - Elevated Living in Whitestown

Sylo

The Wren in Carmel City Center

Sophia Square

The Retreat at Carmel

Portrait Midtown

Runaway Bay Apartments
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

Meridian Homes at Sycamore Drive

The Mark at Fishers District

The Kent at Carmel City Center

Whitman Villas at Gateway Park

Crossing 5

Hyde Park Towns & Flats

Echo Park at Perry Crossing

Total Monthly Price
Slate at Fishers District

Double Creek Flats Apartments

The Residences at Carmel City Center

The Seasons of Carmel

The State at Fishers Apartments

Lavina

Reveal on Cumberland Apartments

Providence at Old Meridian

Governor Square

The Railyard at Midtown

Honey Creek

Avant

Bella Vista Apartments

Old Town On The Monon

Total Monthly Price
The Hangar on Emerson

Devonshire Apartments

Alexandria of Carmel Apartments

Steeplechase at Shiloh Crossing

2155 Shadowbrook Dr, Unit SI ID1228635P

6063 Station Way

Highpointe on Meridian

The Village at Sandstone Apartments

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 | $1,184 | $200 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,389 | $544 | $5,777 |
| Indianapolis 2 Bedroom Apartments | $1,646 | $545 | $5,783 |
| Indianapolis 3 Bedroom Apartments | $2,027 | $626 | $8,289 |
| Indianapolis 4 Bedroom Apartments | $1,921 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,084 | $950 | $10,000+ |
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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 The Villages at Mill Crossing listed at $626.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,027.
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 $1,699 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 1,526 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
