Short Term Lease 3 Bedroom Apartments for Rent in Indianapolis, IN (115 Rentals) Page 2 of 3

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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.

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property at 518 Prospect St

$2,748 - $3,055

3 Bedroom Rentals

Available Now

518 Prospect St

IndianapolisIN46203
property at 337 Sanders St

$2,475 - $4,500

3 Bedroom Rentals

Available Jan 2, 2026

337 Sanders St

IndianapolisIN46225
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Remington on Rockville
3 Bedroom Apartments

Remington on Rockville

7455 Rockleigh AveIndianapolis, IN 46214
  • Utilities Included

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.

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Central State Mansion
3 Bedroom Apartments

Central State Mansion

202 Steeples BlvdIndianapolis, IN 46222
Student Housing
  • Utilities Included
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Aragon Woods
3 Bedroom Apartments

Aragon Woods

8172 Aragon Woods DrIndianapolis, IN 46214
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Blacherne Apartments
3 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
  • Utilities Included
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The Meridian North
3 Bedroom Apartments

The Meridian North

2100 Westlane RdIndianapolis, IN 46260
Corporate Housing

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

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Indianapolis, IN Area Reviews

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Wendy • 3+ years in Indianapolis

August 10, 2025

One 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 El Dorado Apartments listed at $1,051.

How much is the average rent for a 3 Bedroom Indianapolis Apartment?

The average rent for a 3 Bedroom Apartment in Indianapolis is $2,034.

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 $1,899 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 1,637 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.

Articles, How-To's, and Tips

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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.