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


River Place Flats

Wild Air Landing

Sunrise on the Monon

The Ascent Apartments of Plainfield

BroadAcre Apartments of McCordsville

Portrait Midtown

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Meridian Homes at Sycamore Drive

The Mark at Fishers District

The Kent at Carmel City Center
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.

Greenview

Aria Apartments of Zionsville

Whitman Villas

Crossing 5

The State at Fishers Apartments

Hyde Park Towns & Flats

Echo Park at Perry Crossing

Double Creek Flats Apartments

Slate at Fishers District

Lavina
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.

Total Monthly Price
Wynne Farms

Total Monthly Price
Casey Corner Townhomes

The Railyard at Midtown

Regency Preserve

Nese Apartments

Avant

Total Monthly Price
The Hangar on Emerson

Lakeside Apartments Phase II

Cumberland Cottages

M/I Homes Sonora
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.

Whitmore Place

Laurelton Villas

1144 Cherry Tree Ln

Grantham - David Weekley Homes

Meadows at Sagebrook

Bridger Pines West

Estates at Towne Meadow

843 Templeton Dr

Woodhaven

1148 Easy St. A-D
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

Arbor Homes at Anson North

Harpers Crossing

Haven Homes

Verge

Harmony Apartment Homes

Westhaven at Avon

The District

The Village at Sandstone Apartments

Woods at Countryside Crossing

Midtown Flats
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 | $1,192 | $575 | $5,104 |
| Indianapolis 1 Bedroom Apartments | $1,376 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,662 | $545 | $8,473 |
| Indianapolis 3 Bedroom Apartments | $2,013 | $626 | $8,610 |
| Indianapolis 4 Bedroom Apartments | $2,142 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $12,039 | $6,061 | $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 The Villages at Mill Crossing listed at $885.
How much is the average rent for a 3 Bedroom Indianapolis Apartment?
The average rent for a 3 Bedroom Apartment in Indianapolis is $2,013.
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 1,461 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

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.

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.